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...
UNION BUDGET 2019-20: Pathway to 5 Trillion Dollar Economy The maiden budget presented by Finance Minister Shrimati Nirmala Sitharaman has struck key chords with the Indian populace and chartered ambitious initiatives and plans for New India’s promising future. This budget was drawn keeping in mind the needs of the upcoming generations and not the upcoming […]
Expert Committee to be set up to recommend the structure and required flow of funds through development finance institutions Regulation Authority over Housing Finance Sector proposed to be given to RBI Separation of NPS Trust from PFRDA proposed Six months’ Partial Credit Guarantee proposed to be provided to Public Sector Banks (RSBs) The Government has […]
India to move towards harnessing its space capability commercially, New Space India Limited (NSIL) incorporated towards this end Company to spearhead commercialization of various space products New Space India Limited (NSIL) has been incorporated as a new commercial arm of Department of Space. This was stated by the Union Minister of Finance and Corporate Affairs, […]
Government sets enhanced target of Rs 1,05,000 crore of disinvestment during 2019-20 Strategic disinvestment of Air India proposed to be reinitiated More CPSEs proposed for strategic participation by private sector Government is setting an enhanced target of Rs 1,05,000 crore of disinvestment receipts for the financial year 2019-20 said the Union Minister of Finance & […]
Union Budget proposes permitting 100% Foreign Direct Investment (FDI) for insurance intermediaries Easing of Local Sourcing Norms also proposed for FDI in Single Brand Retail sector Rationalization of existing Know Your Customer (KYC) norms for FPIs contemplated to make it more investor friendly NRI-Portfolio Investment Scheme Route proposed to be merged with Foreign Portfolio Investment […]
India’s FDI inflows in 2018-19 remained strong at USD 64.375 billion marking a 6% growth over the previous year. The Finance Minister proposed the following steps to further consolidate the gains in order to make India a more attractive FDI destination:
India to become a 3 trillion Dollar Economy this year and a 5 trillion Dollar Economy by 2024-25 India requires Investments averaging Rs. 20 lakh crores every year Gone are the days of policy paralysis and license-quota-control regimes: Finance Minister
The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that the Government proposes to start a channel within the DD bouquet of channels exclusively for start-ups.
Ministry of Finance Policy Measures to promote Growth and Employment Generation in Indian Economy Posted On: 05 JUL 2019 1:50 PM by PIB Delhi The Union Budget 2019-20 presented today by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, lays down a vision for India becoming a 5 trillion dollar economy by 2024-25. […]
Major Point of Union Budget As presented by Union Minister Of finance 2019 (Part –A) > Economy from $ 1.85 trillion in 2014 to $2.7 trillion and expected to reach $3 trillion in 2019 itself. > National Education Policy:-To Changes in school higher education. > Stand up India to continue till 2025. > 95% of […]
