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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...
Justice Shiv Narayan Dhingra (Retd.) has taken over as Chairperson of Appellate Authority constituted under Section 22A of the Chartered Accountants Act, 1949, Cost and Works Accountants Act, 1959 and Company Secretaries Act, 1980 w.e.f. from 1st April, 2011
The probe into the 2G spectrum scam has revealed that former Telecom Minister A Raja ”deliberately and dishonestly” did not consider auction or revision of entry fee and threw away the licences of radio waves at the rate prevailing in 2001, depriving the government of huge revenue, the CBI has said.
Government of India have announced the issue of 8.01 per cent ‘Postal Life Insurance Government of India Special Security 2021’ for Rs 4,000 crore (nominal) and 8.08 per cent ‘Postal Life Insurance Government of India Special Security 2023’ for Rs. 3,000 crore (nominal). The Special Securities are being issued at par to Directorate of Postal Life Insurance on March 31, 2011 (Thursday) to convert part of the frozen corpus of Post Office Life Insurance Fund (POLIF) and Rural Post Life Insurance Fund (RPOLIF).
Top industrialist Ratan Tata and corporate lobbyist Niira Radia were today quizzed by Parliament’s Public Accounts Committee (PAC) in connection with alleged irregularities in the 2G spectrum allocation. Radia, whose tapped phone conversations with politicians, corporates, bureaucrats, and journalists form a key part of the investigations into the 2G spectrum scam, is believed to have told the Committee that some of the tapes of her purported talks were doctored.
Already drawing flak for South Africa’s early exit from the World Cup, outgoing cricket captain Graeme Smith has drawn more criticism for staying back in India even after the quarterfinal defeat to avoid paying income tax back home. Smith, currently in Ireland to visit his girlfriend pop star Morgan Deane, reportedly asked to stay on in India instead of facing the music with the rest of the side when it returned home last week.
With the world under their feet after lifting the World Cup, Dhoni’s daredevils are also set to stamp their authority in the endorsement market with their brand equity set to touch to new highs. While the historic win will push captain Dhoni to a new trajectory in the branding business, others like Yuvraj Singh will also see a rejuvenation, while even youngsters such as Virat Kohli and Suresh Raina are tipped to benefit immensely. As for the master blaster Sachin Tendulkar , the win will re-enforce his already strong brand equity.
Promoters of Unitech Wirless , the company which benefited the most in the 2G spectrum allocation scam, gained Rs 2,342 crores, the CBI told a special court in its charge sheet against former Telecom Minister A Raja , besides eight others and three telecom companies. The investigating agency said a subscription agreement on October 28, 2008 between various Unitech group companies and others had decided to infuse extra equity in the companies for 66.5 per cent stake.
Private provident fund trusts have enough surplus to be able to pay over 9.5 per cent interest on PF deposits, says an analysis by the Employees’ Provident Fund Organisation’s (EPFO). Some of the private PF trusts have sufficient funds to pay interest of up to 11.5 per cent on the retirement funds of their employees, the analysis said.
Soon, you will be able to know how energy efficient your mobile phone charger is. The Power Ministry is preparing to introduce energy labelling system for mobile phone chargers, as part of its efforts to promote energy conservation. “We are working on introducing star (energy) labelling system for mobile phone chargers. It will be voluntary (for the makers of chargers) in the beginning and later, we plan to make it mandatory,” a senior Power Ministry official said.
Majority of investors want the government to keep national accounting standards as close to the international norms (called IFRS) as possible, says a survey conducted by the global accounting firm Ernst & Young. According to the report ‘IFRS convergence: an investor’s perspective’, the firm has found that 55 per cent of Indian investors surveyed are willing to accept only a few departures from the IFRS standards set by the International Accounting Standards Board (IASB), while 28 per cent are in favour of full adoption.
