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 : The focus is on converting savings into investments rather than leaving them idle. The key takeaway is that disciplined investing ...
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 : 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...
Eight months after it was set up to find a successor to Tata Sons chairman Ratan Tata, the search panel has concluded that it cannot find a “replacement” for the group chief. “Our committee has come to the conclusion that we cannot find a replacement for (Ratan) Tata!”, said Tata Sons director and one of the members of the committee RK Krishna Kumar in an interview published on the company’s website.
Shares of Satyam Computer Services, now Mahindra Satyam, jumped by over 9 per cent in early trade on the BSE today after the company reached a settlement with the US Securities Exchange Commission, which concludes the SEC’s investigation of accounting issues related to the firm. Following the settlement, the scrip of the IT services provider witnessed heavy buying interest and surged by 9.20 per cent to an early high of Rs 77.10 on the Bombay Stock Exchange (BSE).
Several Indian professionals will be adversely affected by Britain’s new immigration rules that come into effect tomorrow as part of the David Cameron government’s efforts to reduce migration from non-European Union countries. The new immigration regime includes tighter rules for students, limits on skilled professionals and new restrictions on the settlement of migrants who are already in Britain.
Tata Sons Chairman Ratan Tata and Niira Radia were today quizzed in connection with 2G spectrum scam by Parliament”s PAC whose head M M Joshi said the panel found the industrialist candid and the corporate lobbyist “evasive”. The PAC will tomorrow question Reliance Communications Chairman Anil Ambani, as also Etisalat DB Telecom CEO Atul Jhamb, S-Tel CEO Shamik Das and Unitech Wireless Managing Director Sigve Brekke on the same issue.
The Delhi government on Monday decided to impose a blanket ban on the manufacture, storage and use of plastic bags in the city. The Delhi Cabinet presided by Chief Minister Sheila Dikshit took the decision and directed all the concerned authorities like MCD, NDMC and Environment Department to implement the decision.
Real estate firm Amrapali today said it will gift villas worth a total of Rs 9 crore to the entire World Cup winning Indian cricket team at its township in Noida extension. The Indian captain, Mahendra Singh Dhoni, is at present the brand ambassador of Amrapali.
The Department of Information Technology (DIT) has published a draft policy on mobile governance that aims to enable government departments to provide services, including payment of utility bills and filing of tax returns from mobile phones. A platform called Mobile Service Delivery Gateway (MSDG) will be set up, on which all ministries and departments will be able to start their services, according to the document posted on the department’s website for public comments.
The President of India has sanctioned the constitution of a Committee with the following composition to review the role, functioning and structure of the Central Economic Intelligence Bureau (CEIB) in the changed economic scenario: i. Shri S. S. Khan Retired Member, Central Board of Direct Taxes (CBDT) ii. Ms Vijay Lakshmi Sharma Member, Central Board of Excise and Customs (CBEC) iii. Dr. Kewal Ram, Senior Economic Advisor Department. of Consumer Affairs iv. Deputy Director General (CEIB) Member (Secretary) to the Committee
The Central Bureau of Investigation has registered a case against seven officials of DDA & CPWD and one Delhi-based private firm on the allegations of conspiracy, cheating and misuse of official position by the accused to cause undue benefit to the private firm. The firm has provided and laid Synthetic Outdoor Flat Lawn Bowl Greens for Commonwealth Games- 2010 at New Delhi in which the accused officials of CPWD and DDA allegedly inflated the cost of the contract from the estimate of Rs.6 crores (approx.) to Rs.9.88 crores (approx.) by including allegedly false amounts against its cost, transportation, etc.
The Central Bureau of Investigation has today filed a chargesheet against nine accused persons and three private companies in the Court of Special Judge for CBI Cases, Patiala House Courts, New Delhi relating to the issuance of new Unified Access Services Licences and subsequent allocation of 2G Spectrum.
