Two weeks ago we looked at the first two steps in effecting forecasting process change: Justify your suspicions with data Communicate your findings That was the easy part. So why is it that so many organization realize they have a forecasting problem, yet are unable to do anything about it? [...]

The post The difficult step in effecting forecasting process change (1 of 2) appeared first on The Business Forecasting Deal.

Fildes and Goodwin (F&G) observed the subject (the regional subsidiary of a pharmaceutical company) was using a statistical forecasting system, but not fully trusting its output. Forecasters were making overrides to the system generated forecast to make it look like what they believed it should (e.g., following a life-cycle curve [...]

The post The difficult step in effecting forecasting process change (2 of 2) appeared first on The Business Forecasting Deal.

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Resolution details the country's 2018 adoption of UN system

Out of 230 lakh tonne annual consumption, only a third of it is met via domestic production. Edible oils prices have gone up as the country’s 600 refineries, 500 solvent plants and 10,000 crushing mills have reduced output by half compared to pre-Covid levels, industry experts said.

At the same time, long term FPI investment limits in G-secs have been brought down to Rs 1.03 lakh crore from the prevailing limit of Rs 1.15 lakh crore  a reduction of almost $1.5 billion.

Since 2009-10, the SMP has been replaced with fair and remunerative price (FRP) and some states like Uttar Pradesh continue to announce state-advised prices which are higher than FRPs.

The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday.

Following the devastating flood in 2018, the state had collected a flood cess which had fetched Rs 308.68 crore to the state exchequer.

Make no mistake, it still has a brake pedal, but in regular driving conditions you might not need to use it

From April 2019, there will be several changes in the H-1B visa application. Now, the organizations required to register electronically before the visa lottery procedure to obtain H-1B visas for their workers. As per the latest rules, the candidates…

U.S. Citizenship and Immigration Services have begun the premium processing in respect of all H-1B petitions. This translates to a guaranteed processing time covering 15 days. In the other scenario, it will refund the premium processing fee to the petitioner.The…

A new announcement by the USA Administration amounts to a concentrated effort by the administration to alter the legal immigration and focus on the legal ways for immigration.The rule denotes that the applicants for Green Card and visa will be viewed…

The US Immigration is moving ahead in changing the process for issuing H-1B visa from next year. The outcome will have an impact on many Indian IT firms. Additionally, the Office of Management and Budget, has completed the reviewing process, for the…

There was a US scrapping of an old rule In January that allowed companies in filing applications to get the short work- permit provided to technology workers. As a substitute they had to register the names of professionals they intended to send.New Process…

Industry experts say that besides the realty sector, the Chennai-Visakhapatnam industrial corridor will spur growth for other allied industries as well.

Amidst loud cheers and fluttering Tricolours and flags of the All Bodo Students Union, Modi asked the gathering — he called it the largest rally in independent India — in Kokrajhar in Bodoland Territorial Region to celebrate the peace and development accord that the government has signed with Bodo groups last month.

The Kerala government on Thursday announced a Rs 20,000-crore stimulus package to address the economic slowdown caused by the spread of Covid-19.

At a time when the government’s finances have gone completely haywire, it is also the duty of every tax official—indeed, all bureaucrats—to see how best some of the shortfall can be made up.

She netted prize money alone of $38.8 million (35.7m euros) in a career during which she won 36 singles titles. Forbes, in its 2016 article, said the Florida-based Russian had banked nearly $300m from prize money, appearances and endorsements since she turned professional in 2001.

The game will begin at 9 a.m. local time (0000 GMT) at the Fukushima Azuma Baseball Stadium with two further fixtures, Italy v United States and Mexico v Canada, later in the day.

Shoaib Akhtar had proposed a made-for-television three-match ODI series between India and Pakistan to raise funds for the fight against Coronavirus pandemic.

Read about the value of data tagging and learn best practices for doing it effectively.

The post 4 data tagging best practices appeared first on The Data Roundtable.

Coronavirus India update today: SpiceJet will ensure that all safety protocols laid down by the government are strictly followed by the airline's crew members

Private carrier Indigo airline has said that it will start flight operations from May 4 after the end of the nationwide lockdown.

No potato needed

Sharply falling oil prices are a boon to airlines, saving billions of dollars in monthly fuel bills...

The Federal Reserve’s upgraded view that growth in the world's biggest economy is “solid”...

An internet diversion that rerouted data traffic through Russia and China disrupted several Google services on Monday, including search and cloud-hosting services.

"Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand.

Earlier, the Business Correspondent Federation of India (BCFI) had said that while the BCs were offering services of cash withdrawal, very few are depositing money in the wake of the current lockdown.

Jagdishan and Bharucha are the internal candidates and have been serving the bank for many years each, while Garg is working with American bank Citi at present.

This novel facility offers customers yet another way to connect with their bank from home at a time when they are advised to stay indoors in the wake of the nationwide lockdown, ICICI Bank said in a release.

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...