There is a buzz around the Budget to decontrol urea prices and bring the subsidy on it under the NBS (nutrient-based subsidy) scheme, which would prevent its misuse. There is also a talk of moving to a full DBT (direct benefit transfer) system from the current quasi mechanism, where the subsidy benefit will be directly credited to the end farmer. This move will benefit most major agrochemical companies and help improve their working capital cycles. … [Read more...] about Budget Preview | Agriculture looks up to Budget for relief. Here’s what it wants
Looking like this
Q: Any other best practices to follow?A: A practice which a lot of people follow is making notes because you will not remember every point that was discussed in the following quarter. That is a good way to follow up with people in the subsequent quarter.When people know that you will flip back three quarters, then what gets measured gets done. So then the CFO, the company secretary and the controller know that I might pull up a matter from four quarters ago and ask if they have closed the issue. It helps them also to stay on their toes. … [Read more...] about What is a good way to run an Audit Committee?
“We know that facial recognition technology, when used irresponsibly, has risks,” Amazon’s general manager of AWS AI, Dr. Matt Wood, wrote in a blog post. “This is true of a lot of technologies, computers included. And, people are concerned about this. We are, too. It’s why we suspend people’s use of our services if we find they’re using them irresponsibly or to infringe on people’s civil rights.” … [Read more...] about Privacy groups want a federal facial-recognition ban, but it’s a long shot
Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about ‘Urgent steps needed to support real estate & construction sector in Budget 2020’
Considering this backdrop, our hypothesis for the current year suggests Banks will continue to perform as a large part of the stress recognition is behind and credit offtake improves from the dismal 8 percent (Non-food credit growth). The better-run banks with sufficient capital adequacies shall have the advantage to drive home superior earnings reflected through return ratios. … [Read more...] about ‘Stick to leaders in pharma, auto and IT space in 2020’