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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...
Buoyed by better-than-expected performance on government finances’ front in 2010-11, the Centre on Thursday said it will keep a tab on public expenditure to ensure that Budget targets for this fiscal too are achieved. Efforts to get the economy on the path of fiscal prudence are on track… The government is committed to achieve the fiscal targets, an official statement quoting finance minister Pranab Mukherjee at a meeting of Consultative Committee held on Wednesday said.
The Birmingham City Council led by the Conservative party has become the first council or local authority in Britain to cut jobs and outsource them to India, sparking protests from employee unions. Reacting to the council’s move, Unite union national officer Peter Allenson said: ‘This is an outrageous decision and Unite will fight tooth and nail to stop this Tory-led council from exporting valuable jobs overseas. ‘We fear that this could be just the beginning and other councils could follow suit. Thousands of public sector jobs could go. Once these jobs go they will not come back.’
The Principal Bench of the Central Administrative Tribunal at New Delhi will remain closed from 6 June 2011 to 30 June 2011, on account of Summer Vacation. During this period, a Vacation Bench will sit on Tuesdays and Fridays to hear and dispose urgent matters and matters that the Bench may direct.
A security systems provider based in Dubai has announced the launch of its newest security camera product, the Zoom Mobile Surveillance Package. Security Zoom said this new product enables CCTV viewing over an Iphone, which allows the user to watch over his business, home or property wherever and whenever he chooses.
Saving the Euro or saving the nations which one comes first is the question of debate. European economies are struggling to survive the Euro and not the nations. They want bailout but to that extent to which the political image of financial management is not shattered keeping the upcoming elections in the Euro nations.
Shri Sunil Mitra, an IAS officer of the 1975 batch (West Bengal Cadre) has been appointed as the Finance Secretary and Secretary, Department of Revenue upon retirement of Smt. Sushama Nath, Finance Secretary and Secretary, Department of Expenditure on 31st May, 2011. Presently, Shri Mitra is the Secretary, Department of Revenue in the Ministry of Finance.
Errant advertisers could face more heat from industry watch dog ASCI, which has jumped on the social networking bandwagon, encouraging youths to speak out against questionable campaigns through its Facebook and Twitter accounts. Within a month of making its debut on Facebook and Twitter, the Advertising Standards Council of India (ASCI) has already received ten times more complaints against advertisements than the earlier average of 15-20 complaints from individuals and industry against 12 advertisements in a month.
State-owned Bank of India (BoI) today raised fixed deposit rates on various maturities by up to 2.5 per cent. The bank increased the interest rate by 250 basis points (2.5 per cent) to 5.50 per cent for term deposits of 31-45 days” tenor. The deposit rate increase is the maximum in this slab, the bank informed the Bombay Stock Exchange (BSE).
Central Bank of India chief S Sridhar today said the industry’s non-performing assets (NPAs) are likely to increase, as some smaller companies that borrowed during the low rates regime would find it difficult to service their loans due to the hike in rates.
Investments made in liquid funds, which invest in short-term debt instruments, offer better returns for retail investors than parking money in savings bank account, says a study. A study conducted by CRISIL Fund Services has found that liquid funds not only offer higher post-tax returns but also provide a reasonable degree of safety in terms of the principal invested.
