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The update would address concerns around "accounting treatments, operational complexity and implementation challenges raised by various stakeholders." Hence, if India were to implement the new standards including Ind AS 104, it would necessitate a change soon afterwards. This interim measure would cause avoidable costs. … [Read more...] about IRDAI defers new accounting norms for insurers
It’s one thing to ask a man how he hustles, but in a workforce that still pays women, on average, 80 cents to a man’s dollar, the ability for women to pay back student loans, to pay rent or for a mortgage, to pay for anything, is compromised. In fact, according to the same AAUW study, women who hold bachelor’s degrees and work full-time are paid on average 26% less than their male peers. How exactly are we women supposed to quickly dig ourselves out of our collective $929 billion in debt if we’re underpaid to begin with? … [Read more...] about The secret that may be keeping working women from greater success
The Corona virus is understood to have been initially transmitted from animals (possibly snakes and bats) -- just as SARS that spread from civet cats, and MERS from camels. It is contagious and what makes the transmission difficult to contain at the initial stage is the fact that its incubation period i.e. time from exposure to developing symptoms is about 3-10 days. Researchers at Northeastern University and Imperial College London estimate that the number of actual infections may be 10 times more than the reported confirmed cases due to this incubation period. … [Read more...] about The Corona virus scare: What’s in it for investors?