And, Ind AS 104 has a cascading impact on other standards too, notably Ind AS 109 which deals with financial instruments. "Implementation of Ind AS 109 before implementation of equivalent of IFRS 17 equivalent may cause volatility in the financial statements because of asset liability mismatch," the press release said. … [Read more...] about IRDAI defers new accounting norms for insurers
Do i need building regulations for a new roof
Presently, the whole decision-making process for the sector is in disarray with different ministries looking after different sectors. The rail industry looks after rail logistics, shipping ministry after waterways and so forth. There is a need to synergize the efforts of various ministries through a common ministry and provide an end-to-end vision for the holistic and integrated development of the logistics sector in India. … [Read more...] about Budget 2020: Tackling infrastructure woes need of the hour
During the study, the Technology Informatics Design Endeavor (TIDE) and WRI India worked with 10 housing societies. To get a broader perspective on the barriers to implementing clean energy projects in apartment complexes, the study also engaged with EE and solar rooftop vendors and service providers, through semi-structured interviews, meetings and interactions on different platforms. … [Read more...] about India needs to prioritise solar rooftop among residential, industrial users: Report
Q) Which are the sectors likely to hog the limelight in the Budget and why?A) The real estate and construction sector is the second largest employer in India with deep linkages across the economy. Slowing real estate and construction means less demand for steel, cement, fewer trucks on road, fewer toll collections, less demand for the auto sector, in turn, less demand for steel and the loop goes on. … [Read more...] about ‘Urgent steps needed to support real estate & construction sector in Budget 2020’
But the prevalence of automation will mean that more and more jobs will require an ability to work with new sorts of technology. “As an individual, you’re going to have to constantly ask yourself, how will the future of work technology affect my industry?” says Latham. A job in sales or marketing, for example, will require competence in navigating customer management software such as Salesforce. Nurses and doctors will have to work alongside robots. That means that along with having soft skills, workers of the future will need to be prepared to perform jobs with a strong technological component. … [Read more...] about Will you still need a college education in 2040?