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 ...
The Government has initiated action on various fronts to tackle the menace of black money. These include enactment of the Benami Transactions (Prohibition) Act, amendment of the Prevention of Money Laundering Act, setting up of a special committee to examine measures to strengthen laws to curb black money generation in the country, and commissioning of studies by independent agencies to assess the quantum of black money both inside and outside the country. The framing of the General Anti-Avoidance Rules and Controlled Foreign Company Rules has been taken up under the proposed Direct Taxes Code. Efforts are underway to build political consensus on the Goods and Services Tax, which will give a major boost to the economy by rationalising indirect taxes and giving full input credit.
Cheques and bank drafts will be valid only for 3 months with effect from 1st April. The step taken by Reserve Bank of India, RBI, will help mitigate frauds related to such instruments. The RBI has directed that with effect from April 1, 2012, banks should not make payments against cheques, drafts, pay orders or banker’s cheques if they are presented after the period of three months from date of issue.
The Budget Session, 2012 of Parliament (10th Session of the Fifteenth Lok Sabha and the 225th Session of the Rajya Sabha) commenced today, the 12th of March, 2012 and subject to exigencies of Government Business, the Session will conclude on Tuesday, the 22nd of May, 2012. During this period, the two Houses will adjourn for recess on Friday, the 30th of March 2012, to reassemble on Tuesday, the 24th of April, 2012 to enable the Department–related Parliamentary Standing Committees to examine the Demands for Grants relating to various Ministries/Departments and make their reports to the Houses. The Session will provide 35 sittings – 15 sittings during first part of the Session before recess and 20 sittings during second part of the Session.
Create Shortcuts for commonly used words or phrases? Use the AutoCorrect feature. It creates shortcuts for commonly used words or phrases.Click – Files →Options → proofing → AutoCorrect Options. On the [AutoCorrect] tab check the option ‘Replace Text As You Type’
The Minister of Railways, Shri Dinesh Trivedi today announced introduction of 26 new trains, extension of five existing trains, increase in frequency of two existing trains and introduction of new five sub-urban trains. Most of these new services announced were part of the Railway Budget 2011-12. The trains announced in the Railway Budget 2011-12 are implemented by the end of the financial year i.e. 31st March 2012.
The Central Bureau of Investigation has registered a case against an Association/Foundation based in Janakpuri, New Delhi and other unknown persons under the provisions of Indian Penal Code and Foreign Contribution Regulation Act (FCRA) for allegedly having received foreign contribution of Rs.1,40,53,434/-(approx.) without prior permission of Government of India during the period from 2005-06 to 2007-08.
India’s exports for the months of April 2011 – February 2012 have registered a growth of 21.4%, at US $ 267.4 billion. Interacting with the media persons here today, Shri Rahul Khullar, Commerce Secretary, informed that during the same period the imports were US $ 434.2 billion with a growth of 29.4% and a Balance of Trade stood at US $ (-)166.8 billion, during the same period. Shri Khullar also informed that India’s exports in February 2012 were US $ 24.6 billion with 4.3 % growth and imports stood at US $ 39.8 bn with growth of 20.6% Balance of trade for the month of February 2012 stood at (-) 15.2 billion US $.
The Telecom Regulatory Authority of India (TRAI) has released Consultation paper on Auction of Spectrum on 7th March,2012. Written comments on the issues raised in the Consultation paper are invited from the stakeholders by 21st March 2012 and counter-comments by 28th March 2012. Stakeholders have been asked to send their comments by due dates as there will be no further extension of timelines. The comments and counter-comments may be sent, preferably in electronic form.
In his Budget Speech for 2010-11, the Union Finance Minister Shri Pranab Mukherjee had announced his intention to bring out a status paper giving detailed analysis of the Government’s debt situation and a road map for curtailing the overall public debt.
The Union Finance Minister Shri Pranab Mukherjee said that setting up of Infrastructure Debt Fund through public private partnership would meet the long term need of infrastructure sector funding. The Finance Minister Shri Mukherjee said that he is confident that the establishment of Infrastructure Debt Fund through PPP model would be a guiding principle for our future activities. The Finance Minister said that funs to the tune of 1Trillion US$ would be required for Infrastructure Sector Funding in next five years, out of which 50 percent would come from private sector through PPP model.
