Financial News India: Read all the latest finance news on credit card, online payment, bank loan interest rate, scams, GDP growth Inflation, Saving schemes, PPF, NSC, KVP Bank, FD calculators ULIP IIP numbers
Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : The article explains how local Indian phone numbers enhance credibility and accessibility for international businesses. It highlig...
Finance : The article explains how borrowing within your affordability and understanding total loan costs can make loan management easier. I...
Finance : The article examines how ATMs are facing cash shortages even though currency circulation is at an all-time high. It argues that ba...
Finance : mployers are increasingly migrating retirement savings from superannuation trusts to NPS due to lower costs, greater flexibility, ...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Finance : The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, ...
Finance : The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance O...
Finance : The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory defin...
Finance : The Ministry of Finance clarified that claims regarding monetisation of temple gold holdings or issuance of gold bonds to temples ...
Finance : The Supreme Court ruled that vicarious liability under the NI Act cannot arise solely from holding an office in a society or compa...
Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...
Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...
Finance : The Supreme Court held that insolvency proceedings under the IBC cannot be invoked merely to recover disputed dues arising from co...
Finance : The issue was whether indemnity obligations arise only after final appellate confirmation. The Supreme Court held that liability a...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
Finance : IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporati...
Finance : IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aim...
Finance : IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vuln...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
How the ULIP will become better with new regulations. The Insurance Regulator IRDA (Insurance Regulatory and Development Authority) has notified fresh rules for governing Linked Life insurance products on 8th July 2019. In this article I will discuss the major beneficial changes proposed in the new regulations for ULIP products, a Linked Insurance Product. Enhanced […]
IND AS-20 ‘Accounting for Government Grants and Disclosure of Government Assistance’ Amendment related to Non-Monetary Government Grants and its Applications
Human life is capable to create his/her own destiny. He/She creates his/her own path of success. We work hard to create a comfortable life for ourselves and our loved ones. Every individual acquires some wealth during his/her life time. Even an average individual has some balance left in his/her savings account which he/she wishes to pass on to his/her next generation.
Although women constitute a large percentage of work forces today, it is hardly seen that they are active into any financial planning. This is true for even women who have thriving careers and make lots of money through their salaries, business or professions.
Overview of Ind AS-116 ♠ The Ministry of Corporate Affairs (MCA) notified Ind AS 116, the new leases accounting standard on 30th March 2019 with the effective date of its application from 1st April 2019. Ind AS -116 replaces the current guidance in Ind AS-17, ‘Leases’. ♠ Ind AS 116 defines a lease as a […]
Most of us hear about term plan often but aren’t much aware of what exactly it is. A term plan is basically a type of life insurance which offers coverage for a period of time to the policyholder. In case of demise of the insured over the tenure of the policy, a sum assured is […]
Canara HSBC OBC Life Insurance Company is a JV of two of country’s largest public sector banks and has vast network offering a wide range of life insurance solutions, plans suited for meeting individual’s personal requirement. The company offers complete protection to the policyholder and his family in case of an unanticipated event. The various […]
IFRS 9 The financial crisis of 2008 was a wakeup call for all the financial and banking institutes as well as business entities of the world, that it was a time to have a fundamental change in the way finance is done. This global financial crisis was quite different from the previous one because this […]
Union Budget of India (2019-20) Ms. Nirmala Sitharaman, Minister for Finance and Corporate Affairs, Government of India announced the Union Budget for 2019-20, in Parliament on July 05, 2019. The budget aimed at boosting infrastructure and foreign investment, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second […]
Partial Credit Guarantee offered by Government of India (Go ) co Public Sector Banks (PSBs) for purchasing high-rated pooled assets from financially sound Non-Banking Financial Companies (NBFCs)/ Housing Finance Companies (HFCs)
