January 2019 - Ecostar Business

Insight: meet of Narsee Monjee College

January 29, 20192924 Views0

Insight means the capacity to gain an accurate and deep understanding of something. In its pursuit to shed light on the practical application of theoretical concepts, Insight was evolved.Insight, with its inception in the year 2016, is the annual Business, Finance, and Economics meet of Narsee Monjee College. Spread across a span of three days, Insight provides students from all streams and disciplines a chance to participate and explore. Be it an exposure to the different worlds of business, finance, and economics through the speaker sessions, a chance to discuss and debate world issues at model Parliamentary Debate or our Global Youth Economic Summit, participating and showcasing their acumen through various intellectual events, Insight has it covered. The participants will have t...

EventsNews Analysis

Insight

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January 29, 20193019 Views0

People always see the success at the top of the ladder, but a few realize how tough and challenging the climb is.We, at Insight, bring to you, the story of blood, sweat, and tears, the story that not many know, the story that has brought your idols to the level that they're at today.Insight. The annual Business, Finance, and Economic Meet of NM College, presents to you The Conclave which invites on stage well known speakers to share different chapters in the story of their lives in a highly charged and inspiring backdrop.It comprises of wide array of topics, divided into segments, thus giving the attendees an opportunity to expand their thought processes and broaden their minds to newer and better possibilities. Some of the segments are- Going Viral Here, we’ll discuss how the In...

HealthcarePublic health

Ayurveda: Potential gold mine

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January 17, 20192499 Views0

Healthcare Business: The impeccable ayur chemistry When the chronic illnesses hit half the American population, the rate in India is far less at 20 per cent. This is mainly because of allopathic medicines, which more Americans depend on, are ineffective in reversing the disorder, while Ayurvedic medicines have proved their effectiveness. In India the number of people depending on Ayurvedic medicines has always been higher. That will grow further giving a boost to the Ayurvedic medical business. Doctors have begun to prescribe medicines in English. The number of branded prescription category is increasing. Private hospitals are coming up. There are entrepreneurs, who are willing to risk their money on building large format hospitals, which will one day play a major role in boosti...

News

Direct tax collection up 14%

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January 8, 20192891 Views0

The jump in tax collection indicates that the government strategy of covering more in the tax net is proving to be successful. The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs 8.74 trillion which is 14.1% higher than the gross collections for the corresponding period of last year. Refunds amounting to Rs.1.30 trillion have been issued during April, 2018 to December, 2018, which is 17% higher than refunds issued during the same period in the preceding year. Net collections (after adjusting for refunds) have increased by 13.6% to Rs. 7.43 trillion during April - December, 2018. The net Direct Tax collections represent 64.7% of the total budget estimates of direct taxes for the financial year 2018-19 at Rs 11.50 trillion.So far a...

Economy

Government finds huge wealth in oil exploration

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January 8, 20192428 Views0

The government expects an estimated revenue of Rs 45,000 crore under Discovered Small Field Bid Round-II from 25 Contract Areas; and Rs 9000 crore under Discovered Small Field Bid Round-I from 30 Contract Areas. The gross estimated revenue is based on estimates of oil and gas hydrocarbon in place reserves, assumption in terms of hydrocarbon recovery factor, hydrocarbon sale price, etc, from 25 Contract Areas considering project life of 15 years. However, actual revenue realization from these fields may vary based on actual award of Contract Areas; development strategy adopted by the contractor; actual production realized; and techno-economics of the individual field, etc, says Minister of Petroleum and Natural Gas, Shri Dharmendra Pradhan.The last date of bid submission under Discovered...