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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...
Shri Anand Sharma the Union Minister of Commerce, Industry & Textiles today chaired the interaction with FIEO and all Export Promotion Councils and commodity Boards here today. Shri Sharma in his opening remark said, “the purpose of today’s consultation is to conclude the process which DGFT & Commerce Secretary have been doing throughout the year and I thought that before we come out with the export incentives for the current financial year we must have this brainstorming exercise. On 11th October 2011, I am convening the meeting of the Board of Trade after that we will announce the incentives for this year”
Shri Kapil Sibal, the Minister of Communications and Information Technology released the Draft National Policy on Information Technology, 2011 here today. Speaking on the occasion, Shri Sibal said that Information Technology is a key driver of an increasingly knowledge based global economy, and given its current global position in the IT and ITES sector, India is well positioned to enhance and leverage its existing IT capabilities for a leadership role.
Two officials of the Provident Fund Commissioner’s office were arrested for taking bribes to settle a case, a Central Bureau of Investigation (CBI) official said Tuesday. ‘A complaint was registered based on a written complaint that Enforcement Officer A.L. Dighe demanded a bribe of Rs.20,000 on behalf of Assistant Provident Fund Commissioner N.S. Margaj for getting the closure report of the case of Om Sai Enterprises pending with Margaj,’ said an official of the CBI’s Anti-Corruption Branch said.
The SME Implementation Group (SMEIG) has today published five draft Questions & Answers (Q&As) on the IFRS for SMEs. These draft Q&As are open for comment until 30 November 2011 and cover the following topics: Application of the IFRS for SMEs for financial periods ending before the IFRS for SMEs was issued
The Union Cabinet today gave its approval to certain amendments to the IMF`s Articles of Agreement on Reform of the Executive Board of the IMF. The amendments are part of a package of reforms on quotas and governance in the IMF. Along with the recent quota reforms in IMF (i.e., Fourteenth General Review of Quotas), these amendments represent a major overhaul of the Fund`s quotas and governance, and help in strengthening the Fund`s legitimacy and effectiveness .
A chartered accountant was arrested here on Thursday in connection with his alleged role in the Singapore-based online survey company SpeakAsia’s multi-level marketing scam taking the total number of arrests in the case to six, police said.
Electronic Reservation Slip (ERS) – The printout in standard specified Performa containing reservation particulars, and instructions for use which cn be used by the passenger along with the relevant authorized Identification, as travel authority for performing the journey. Virtual Reservation Message (VRM) – A screen-shot of the e-ticket displayed through laptops/palmtops/ Mobile phone is referred […]
It is a great honour to take over the chair of G24 and I thank you for enabling it. I bring greetings from all the people of India. South Africa and its dynamic Finance Minister Mr Pravin J Gordhan has successfully steered this group over the last one year. Let me thank him and his team, on behalf of all of us present here. I also take this opportunity to welcome the new 2nd Vice Chair , Minister Fayza Aboul Naga of Egypt.
Shri Anand Sharma Commerce, Industry and Textiles Minister of India along with Shri Pranab Mukherjee, Finance Minister and Deputy Chairman, Planning Commission led the Government of India delegation to the India-U.S. CEO Forum meeting in Washington D.C. on September 22, 2011. The Forum comprises top CEOs from both sides and is co-chaired by Ratan Tata on the Indian side and David M. Cote, CEO of Honeywell Corporation of the USA. Minister Sharma and the United States Trade Representative (USTR), Ambassador Ron Kirk chaired the session on Review of CEO/Government collaborative projects in different areas including energy efficient buildings, water, agriculture, health care/diabetes; Strategic, high tech and defence trade; and facilitating business travel and totalization agreement . US Treasury Secretary Timothy Geithner, Deputy National Security Advisor Mr. Michael Froman led the US Government delegation.
First, it is worth considering whether we are giving excessive weightage to the balance and sustainable elements of the Framework, and too little to strong growth. The question of growth is particularly relevant at this juncture, when the recent developments in the global economy are cause for serious concern. The Framework exercise was initiated on the assumption that the global economy was recovering reasonably well from the economic and financial crisis, and hence the G 20 needed to turn its attention to medium to long-term issues.
