Cabinet approves MoU between India and Kuwait in the field of accounting, finance and audit knowledge base

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) for capacity building and strengthening the accounting, financial and audit knowledge base in Kuwait. Benefits: The MoU entails that two entities of India and Kuwait which are: Institute of Chartered Accountants of India (ICAI) and Kuwait Accountants … Read more

US markets end marginally higher on Wednesday

The US markets eked out modest gains on Wednesday after traders digested the latest batch of earnings news from big-name companies like Boeing (BA) and Caterpillar (CAT). Boeing and Caterpillar both reported weaker than expected third quarter earnings, with Caterpillar also cutting its full-year outlook due to weak demand for construction and mining equipment. Disappointing … Read more

US markets settle slightly in red on Tuesday

The US markets ended choppy trading session slightly in red on Tuesday as traders seemed reluctant to make significant moves ahead of the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. Traders took a wait-and-see approach even though the Fed is widely expected to cut interest rates by another quarter point. Some pessimism came … Read more

USFDA conducts inspection at Biocon’s Bengaluru facility

United States Food and Drug Administration (USFDA) has conducted a pre-approval inspection of Biocon’s new Oral Solid Dosage Forms manufacturing facility at Bengaluru from November 05 to 09. The audit concluded without any observations and no Form 483 was issued. Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals … Read more