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 International Monetary Fund’s selection process for a new managing director will kick off with nominations on Monday,and the final decision expected by June 30, the institution has said. I am very pleased to announce that the Fund’s Executive Board has adopted a procedure that allows the selection of the next managing director to take place in an open, merit-based, and transparent manner, A Shakour Shaalan, dean of the IMF executive board, said in a statement late yesterday.
Over Rs 2,000 crore was lost by the country”s banking sector in frauds during 2009-10 with more than 200 of these incidents involving deception of above one crore each, CBI Director A P Singh has said. The CBI chief has warned the banks of latest trends emerging in banking frauds in areas like electronic payments, technology-related payments like RTGS, credit cards, ATM, cell banking, internet banking among others.
The Government today said financial reporting in the new technology format XBRL will enable regulators to keep a better vigilance over activities of companies. Speaking at an ICSI seminar on eXtensible Business Reporting Language (XBRL), the Corporate Affairs Secretary, Mr D.K. Mittal, said: We the regulators need to know what is happening and an environment has to be created where every information is available and XBRL is a solution to this’
In the backdrop of banks’, including State Bank of India’s, rising non-performing assets, Finance Minister Pranab Mukherjee today said their asset quality is a matter of concern. The asset quality of the banks is a matter of concern. Banks have to bring down their NPA levels to the pre-crisis levels which have gone up in the last year considerably,” Mukherjee at the annual general meeting of the Indian Banks’ Association here.
Following is the address of the Prime Minister, Dr. Manmohan Singh at release of Report to the People 2010-11: We are meeting here again to present our Report to the People. I have viewed this initiative as a symbol of our commitment to transparency and accountability in governance. The United Progressive Alliance has offered seven years of political stability, social progress, communal harmony, economic growth and increased engagement with nations around the world.
Maharashtra’s Rs.42,000 crore annual plan – an increase of over Rs.4,084 crore over last year’s Rs.37,916 crore – for 2011-12 has been approved by the central government, an official said Friday. The plan was finalised at a meeting between Chief Minster Prithviraj Chavan and Planning Commission Deputy Chairman Montek Singh Ahulwalia in New Delhi Thursday, the official said,
The plea of womanhood raised by noted criminal lawyer Ram Jethmalani could not cut ice with a Delhi Court which today rejected the bail plea of DMK MP Kanimozhi saying that gender cannot be considered as a ground for relief in the 2G spectrum case.Sex is one of the grounds which may be considered at the time of grant of bail. However, considering the magnitude of the crime and the allegations against her, I am unable to show any consideration to her on this ground, special CBI Judge O P Saini said.
10 driving training schools with an estimated cost of Rs. 140 crores are proposed to be set up during the 11th Five year plan under a new comprehensive scheme of the Ministry of Road Transport & Highways. So far, sanction has been accorded by the Ministry for setting up of 6 such institutes in states namely Himachal Pradesh, Madhya Pradesh, Rajasthan, Maharashtra, Gujarat and Haryana. One more Institute of driving training and research for Tamil Nadu has also been approved. The Ministry is also in process of sanctioning 3 more institutes in the current financial year.
On 6th October, 2010, all the above-mentioned 13 members of the Karnataka Legislative Assembly, belonging to the Bharatiya Janata Party, hereinafter referred to as the “MLAs”, wrote identical letters to the Governor of the State indicating that they had been elected as MLAs on Bharatiya Janata Party tickets, but had become disillusioned with the functioning […]
Smartphones of Apple and Google are likely to face tighter regulation in Europe after a data protection panel ruled that location information collected by the devices should be classified as personal data, says a media report.