Ey India

Government notifies new accounting standard on leases, to impact aviation; effective from 1 April

The Indian Accounting Standard (Ind AS) 116 is expected to have a significant impact on various industries, including aviation where airlines mostly operate planes on lease.

With new accounting norms, top companies may recognise additional assets, liabilities worth Rs 1 lakh cr: EY

Leading consultancy EY has analysed the possible impact of Indian Accounting Standard (Ind AS) 116 mainly on the top 100 companies listed on the BSE.

37 initial public offerings garner $1.2 billion in April-June; total proceeds in H1 2018 hit $4 billion: EY report

32 initial public offerings in SME markets raised $98.7 million and five in the main market raised $1.1 billion in the second quarter this year

Indian exchanges record highest number of IPOs globally in first half of 2018, raise $3.9 billion: EY survey

January-June period saw 90 IPOs raising $3.9 billion, registering a 27% jump in number of deals and 28% rise in value terms over the same period last year

Rate of adoption of financial technologies in India exceeds global average: EY Report

India has the second highest FinTech adoption rate among digitally active consumers at 52 percent, only second to China at 69 percent.

Experts on GST rates: Indeed a new beginning but telecom, insurance, hotel booking to pinch consumer

While some have supported the multiple rate structure for services some others have criticised it

GST rate to lower prices of most products, boost consumption: Experts decode the big move

As the council takes up branded products today, experts say it would be better to have a uniform rate on a particular product, irrespective of it being branded or unbranded

EY sees digital media overtaking traditional in India by 2021-22 with higher smartphone, broadband use

Indians spend about two-and-a-half hours per day on traditional media including television, radio, newspapers, and magazines, compared to the one hour they spend on digital media on average.

This survey explains why foreign investors are still bullish on India

The long-term outlook for India is also positive, with investors expecting the country to be among the world's top three growth economies, and among top three manufacturing destination by 2020.<br /><br />