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Railways has been preparing its financial statements through the dated cash-based accounting system. It will continue to prepare cash-based accounts as that is a constitutional requirement. But the shift to the accrual system gives a more accurate financial picture of an organisation. Accrual-based
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Germany leapfrogged Norway as Europe's biggest market for electrified cars, a sign consumers are warming to the technology just as Volkswagen AG and Daimler AG add batteries to their lineups to take on Tesla Inc. Sales of electric-chargeable vehicles surged 70 percent in Germany to 17,574 cars in
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The Securities and Exchange Commission has issued a subpoenaed against JAY-Z in an effort to obtain testimony from the hip-hop mogul over his involvement in a business transaction with Iconix Brand Group, according to CNBC. The SEC is reportedly investigating potential violations of the federal
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Donald Trump signaled a more aggressive posture toward Special Counsel Robert Mueller's investigation as the president rid his legal team of its most determined advocate of cooperation with the Russia probe. Former New York City Mayor Rudy Giuliani, who joined Trump's legal team last month, said
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