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 : Explore yoga fitness market trends, retention strategies, and tech innovations. Uncover insights on customer loyalty, VR classes, ...
Finance : Explore the valuation requirements across different laws in India, including the Companies Act, IBC, SEBI, RBI, and Income Tax Act...
Finance : Learn about Section 270A introduced in Finance Act 2016, effective from April 1, 2017, outlining penalties for under-reporting and...
Finance : Learn how the P/E ratio can guide your mutual fund investments. Understand its significance in stock selection, portfolio valuatio...
Finance : Explore the benefits of P2P investing with 13Karat compared to traditional methods. Discover high returns, risks, liquidity, and e...
Finance : New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, im...
Finance : IFSCA reviews Fund Management Regulations 2022 to enhance ease of business, introduce safeguards, and provide clarifications. Publ...
Finance : Discover the risks of UPI cash deposits, recent transaction statistics, safety measures, and future plans for cross-border UPI int...
Finance : SEBI's July 2024 update addresses allegations of stock market manipulation via exit polls and reveals the top sellers on June 3, 2...
Finance : Understand IFSCA's Ship Leasing Circular FAQs 2024. Learn permissible activities, definitions, and guidelines for ship lessors in ...
Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...
Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...
Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...
Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...
Finance : Syed Adeel Shah Vs Directorate of Enforcement (Jammu and Kashmir High Court) It appears that in an earlier round of litigation whe...
Finance : IFSCA extends bullion trading guidelines until October 31, 2024, or until revised requirements are issued, according to circular F...
Finance : IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance ...
Finance : IFSCA Circular IFSCA-PLNP/40/2024 outlines new guidelines for Credit Rating Agencies in the IFSC, following SEBI's latest regulati...
Finance : IFSCA Circular allows Credit Rating Agencies to value assets under the Fund Management Regulations, 2022. Effective immediately as...
Finance : Explore the International Financial Services Centres Authority (IFSCA) Regulations 2024, governing payment and settlement systems ...
Shri Kapil Sibal Launches Anti-Ragging Web-Portal Shri Kapil Sibal, Union Minister of Human Resource Development inaugurated the Anti-Ragging Web Portal here today. The portal has been developed by the University Grants Commission (UGC) in collaboration with Ed.CIL (India) Ltd. and Planet E-Com Solutions. The Hon’ble Supreme Court in its judgment dated 8th May, 2009, while […]
We are already 122 Cr and will be 143 Cr and the demand for milk in India will be highest. As per data produced by National Dairy Development Board, the milk production in 2010-11 was 121.8 Mn Tn, i.e. 280 gms/per day per capital milk consumption, which has grown @ 5% per annum. If the growth continues @ 5% per annum, the production will be 145 Mn Ton approximately, against estimated milk consumption of 150 Mn Tons by 2015 (as per current five year plan (2012-2015)). Excess of supply over demand, clear signals a business opportunity.
LIC’s Jeevan Vaibhav is a close-ended single premium endowment assurance plan which offers guaranteed benefits on death and maturity along with Loyalty Addition, if any, payable on maturity or on death in the last policy year. The plan will be open for sale for a maximum period of 120 days from the date of launch.
In very broad terms, audit risk is the risk of a material misstatement of a financial statement item that is or should be included in the audited financial statements of an entity. In this regard, a financial statement item includes any related notes to the financial statements.
Under the provisions of Section 299 of the Companies Act, 1956, every director of a company, whether directly or indirectly, who is concerned or interested in a contract or arrangement entered or to be entered, is required to disclose the nature of his concern or interest at the meeting of Board of Directors. A general notice given to the board under section 299(3) to the effect that he is a director or member of a specified body corporate or is a member of a specified firm and is to be regarded as concerned or interested in any contract or arrangement which after the date of notice, be entered into with the body corporate or firm, shall be deemed to be a sufficient disclosure.
Mumbai, July 11, 2012: In a new initiative, IDBI Bank would be launching a 24*7 loan monitoring system for its retail as well as corporate clients. Under this facility, a customer can directly inform a centralized system about submission of his/her loan application details to IDBI Bank via SMS, email or through the website. A dedicated SMS number, Email ID ([email protected]) and utility in the website has been created for this purpose. These mechanisms would go live shortly.
The Ministry of Railways has further streamlined the delivery of tickets under Tatkal Scheme and the new amendment in the scheme will come into effect from tomorrow i.e. 10th July 2012 (Tuesday). Under the new amendment the booking of Tatkal tickets will start at 10.00 hours on the previous day of journey from train originating station instead of 0800 hours at present.
On 3 July 2008, the International Financial Reporting Interpretations Committee (IFRIC) issued IFRIC 15 Agreements for the Construction of Real Estate. The Interpretation addresses the accounting for revenue and associated expenses by entities that undertake the construction of real estate directly or through subcontractors. Agreements within the scope of IFRIC 15 are described as ‘agreements for the construction of real estate’, and may include the delivery of other goods or services. IFRIC 15 addresses two (related) issues:
The Union Cabinet today approved the proposal for extending the scheme of interest subvention of 1% on housing loans upto Rs.15 lakh where the cost of the house does not exceed Rs.25 lakh for the year 2012-13 and to amend the operational part of guidelines for release of funds.
In addition, it has further been decided to change the time of booking of Tatkal tickets at the counters from existing 8.00 A.M. to 10.00 A.M. with effect from 10th July, 2012 to avoid congestion in the morning hours at counters for the normal advance booking passengers. The restriction on the agents for Tatkal tickets booking during the first two hours shall also continue. The Minister said that these steps have started yielding results.
