Slumping global commodity prices are typically seen as a boon for India, a country that relies heavily on oil imports to service its energy needs, but a closer look indicates it’s not all good news. That’s because least 35 percent of India’s exports come from commodities-linked products including refined petroleum, gold jewelry, gems, iron and…
When are we supposed to do all that?” That’s the question we constantly get from new managers, only weeks or months into their new positions, when we describe the three key activities they should be focusing on to be successful as leaders: building trust, building a team, and building a broader network. To their dismay, most of…
India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday. India is one of the handful countries that continued trade links with Iran, isolated by Western countries against…
You Probably have less lose: Think of it this way. Over the years, prices increase, bills pile up and responsibilities multiply. When you graduated from college and started an entry-level job, you had a small salary. Now, you’re at a higher position with a larger salary, so you have more to lose. Plus, when you…
The Federal Reserve held interest rates at historic lows as concerns about an increasingly brittle global economy overshadowed evidence of a resilient US recovery. The US central bank maintained its 0 to 0.25 per cent target range for the federal funds rate, ending weeks of feverish speculation over whether it would raise rates for the…
Market watchers have been debating whether the Federal Reserve will begin raising interest rates in September or December, or wait until next year. Strategist Komal Sri-Kumar said Thursday he expects the central bank to delay until 2017. The president of Sri-Kumar Global Strategies told CNBC’s “Squawk Box” he believes financial markets are underestimating the global impact of…
Dubai is one of the best locations in the Middle East region for doing business. The major reason for that, the govt. of the country is supporting the investors with whole heartedly. The business friendly nation provides the business men all the facilities with best infrastructural amenities. Dubai World Central is one of the…
The latest news from the top govt. official says that, UAE is aiming to implement corporate taxes. The discussion on the draft law on corporate tax is in progress between the local govt. and the ministry of justice. After signing an agreement with World Bank to open an office in Abu Dhabi, the IMF is…
Federal Law No. 2 of 2015 (the New Commercial Companies Law, (NCCL)) was issued and contained in Federal Gazette No. 577 with the publication date of 31 March 2015. As such the new law comes into effect three months from the date of the publication in the Official Gazette i.e. 1 July 2015.While the NCCL…
