IMPACT OF BUDGET 2017 ON INDIAN IT SECTOR

by Divya Ramesh INDIAN IT SECTOR OVERVIEW IT sector in India can be categorized into the following segments- Software products and engineering services (own software products) IT services (application, website development) IT enabled services (medical – transcription, BPOs, ERP) IT hardware (PCs, laptops, mobile phones) The IT industry has had a 5-year CAGR of 10.1% from […]

Budget Impact Analysis – Banking & Financial Sector

By Payal Sachdeva and Tuhina Kumar Expectations Increase in tax concessions on bad loan provisioning as the Asset Quality Review by RBI has led to a steep increase in provisioning. The total requirement of capital infusion by banks till march 2019, as gauged in 2015, is 1,80,000 crores out of which the government has committed to allocate […]

Expectations from Union Budget 2017-18

Union Budget 2017 is the most looked forward issue for everybody associating with the Indian economy. This year budget will be announced one month earlier compared to the traditional practice of declaring it on the last day of February, because, Government wants to complete the spending and tax proposal before starting of new financial year. […]

Impact of Blockchain Technology on Banking Sector

By Aditya Alamuri & Mounika Duvva  What is Blockchain? A blockchain is a chronological and logical sequence of transactions that are recorded in blocks. A block is a sum of all recent transactions and once completed, the block gets added to blockchain in a permanent database. They behave like bank account statements of an individual. Therefore, […]

E-WALLETS – NOT JINGLING ALL THE WAY

Nandita ShyamSundar As the holiday season is around the corner, shopping for gifts for our mothers, bosses and Chris Children among others, is in full swing. The e-commerce revolution has brought a wide range of products to our fingertips (literally!). And demonetization has increased the workload of our fingertips by making us click to pay. […]