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Finance : Use a business loan EMI calculator to estimate your monthly repayment, compare repayment options and choose a business loan that f...
Finance : Review explains Pocket Option Hindi features, binary options risks, demo account, trading tools, and checks Indian users should ma...
Finance : Choosing between a UAE Free Zone, UAE Mainland, and a US LLC depends on your customers, operations, tax rules, and regulatory obli...
Finance : Discover how petrol credit cards can save you money every month. With a ₹10,000 monthly fuel spend, save up to ₹700 with 5% va...
Finance : Learn how disciplined saving, regular investing, debt management and financial planning can support the goal of achieving financia...
Finance : IFSCA has released the draft IDEA Fund Scheme, 2026 covering unclaimed deposits, depositor claims, Fund administration, and invite...
Finance : IFSCA clarifies that FMEs may use authorised PSP e-wallet accounts for subscriptions and redemptions, subject to applicable AML/CF...
Finance : India–UK CETA comes into effect with market access, tariff concessions, services commitments, mobility provisions and sector-spe...
Finance : IFSCA advises regulated entities to consider FATF's updated high-risk and increased monitoring lists in their AML/CFT/CPF risk-bas...
Finance : IFSCA seeks comments on expanding permitted jurisdictions for IFSC distributors by proposing UAE, Singapore, Australia and the EU ...
Finance : SC held that registration alone does not validate a Will. The propounder must dispel suspicious circumstances, and HC cannot upset...
Finance : Supreme Court rejected a specific performance suit under Order VII Rule 11(d), holding it barred by Article 54 of the Limitation A...
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 : IFSCA's 21 July 2026 circular introduces capital relief, risk-weight treatment and prudential norms for factoring transactions by ...
Finance : Department of Posts has enabled POSA customers to request Personalized Cheque Books through Internet Banking with effect from 18.0...
Finance : IFSCA amends the Master Circular for Credit Rating Agencies, revising rating, recordkeeping, disclosure and issuer consultation re...
Finance : The Government has kept interest rates on all Small Savings Schemes unchanged for July-September 2026. Investors will continue to ...
Finance : IFSCA has revised its internet banking framework, giving existing IBUs until 31 July 2026 to comply, failing which they cannot onb...
Special Bonus Benefit Scheme: A new scheme to provide special assistance to specified sectors for 6 months has been introduced. The support is given to Engineering, Pharmaceutical and Chemical sectors covering 50 products. This scheme will be available on exports made on or after 1.10.2011 and up to 31.3.2012. The rate of duty credit is 1% of FOB value of exports.
NEW MANUFACTURING POLICY -The Government of India has announced a national manufacturing policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. It also seeks to empower rural youth by imparting necessary skill sets to make them employable. Sustainable development is integral to the spirit of the policy and technological value addition in manufacturing has received special focus.
The institutionalized mechanism is prescribed in the Vigilance Manual of the Central Vigilance Commission (CVC). Anti-corruption measures of the Central Government are the responsibility of (i) Administrative Vigilance Division (AVD) in the Department of Personnel & Training (ii) Central Bureau of Investigation; and (iii) Vigilance units in the Ministries/Departments of Government of India , Central Public Enterprises and other autonomous organizations; (iv) the disciplinary authorities; and (v) the Central Vigilance Commission. In addition, a Special Investigation Cell in the Department of Banking Supervision (DBS) in RBI and a Group of Officers in the Cabinet Secretariat, also examine the complaints received against the Board level appointees of Public Sector Banks (PSBs).
As the Rupee slides to new low against the dollar, NRIs are making a beeline to send the remittances back home. The leading bankers in Dubai say the expatriate Indians are opting for personal loans, cash advances through credit cards and salary advances to remit money back home. Some have even resorted to mortgaging properties to raise loans and send the money back to India. Some banks have also come out with attractive features like special money transfer rates and discounted charges to India.
Finance Minister Pranab Mukherjee says lack of external demand is the major reason behind the depleting condition of the Indian rupee in the international market and the government is taking effective measures to improve the condition. He said that India will be soon on the growth trajectory as the present downturn in the economy is a temporary phase.
Petrol prices may be hiked by Rs 0.65 per litre this week if state-owned oil firms manage to get political approval for the move. While a fall in the rupee to an all-time low of Rs 53.75 per US dollar has resulted in an increase in the cost of oil imports, international rates of gasoline — against which domestic petrol prices are benchmarked — have also increased, a top source at a state-run oil firm has said.
The Union Finance Minister Shri Pranab Mukherjee has said that we need to further our understanding of issues where greater and coordinated policy actions are needed to sustain growth and create inclusive outcomes for the people. He was delivering the inaugural address at the International Conference on “Economic Policies for Emerging Economies” here today. The […]
The Cabinet Committee on Economic Affairs today approved setting up of the National Electricity Fund (Interest Subsidy Scheme) to provide interest subsidy etc. aggregating to Rs. 8466 crore for a period of 14 years for projects of electricity distribution sector.
It gives me great pleasure to deliver the inaugural address at the International Conference on “Economic Policies for Emerging Economies” organized jointly by the Ministry of Finance, Government of India and the National Institute of Public Finance and Policy. The initiative by Prof Kausik Basu last year of bringing together economists, policy makers, industry captains and other stakeholders to deliberate on topical economic issues has now grown into a week-long “Delhi Economics Conclave”. I understand that this is the plenary day of the Conclave, which is a collaborative effort with seminars being hosted by the Delhi School of Economics, Confederation of Indian Industry and Indian Statistical Institute.
Notification No. G.S.R. 868(E), dated 07-12-2011- In exercise of the powers conferred by section 1(3) of the Government Savings Certificates Act, 1959, the Central Government through this notification has specified that National Savings Certificates-IX Issue shall be the class of Savings Certificates to which the said Act applies. Accordingly, subscription to such saving certificates would qualify for deduction under section 80C.
