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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...
Bringing prudence in lending to home borrowers, the Reserve Bank of India (RBI) today increased provisioning for teaser loan rates by 160 basis points, from 0.4 per cent to 2 per cent. For the first time, the central bank has sought to curb excessive
The government will devise a national procurement law that will clearly lay down principles to make the process for all organisations, including PSEs, transparent and competitive to minimise bidder collusion and frauds.
The Public Company Accounting Oversight Board disciplined Jacqueline Higgins, a manager in E&Y’s Boston office, alleging repeated violations of documentation standards and requirements to cooperate with the board’s inspection process. The disciplinar
Chairman of an influential parliamentary committee has urged the prime minister to delay the rollout of global accounting norms by at least two years, saying India need to enter into a dialogue with other countries to modify the proposed norms to sui
The Forward Contracts (Regulation) Amendment Bill ( FCRA bill) was, at long last, introduced the Lok Sabha on Monday by food MoS K V Thomas . The proposed amendments, long awaited by commodity participants in the country, are expected to restructure
It costs the Unique Identification Authority of India (UIDAI) Rs.100 to generate each ‘aadhaar’ number, which will help address the challenges of inclusion, the authority’s chief Nandan Nilekani, said here Thursday.It costs the authority Rs.50 to enrol each individual for the Unique ID (UID) and another Rs.50 on back-end costs, he said.
The finance ministry has taken the view that the International Financial Reporting Standards (IFRS) needs to be adopted only on consolidated accounts of corporate groups as is the practice in Europe. It feels the proposed fair-value-based accounting
State Bank of India (SBI) has revised the interest rates on term deposits with maturities ranging from 15 days to 10 years upwards. These revised rates will be effective from tomorrow, that is December 7. The hike will be in the range of 50-150 basis points across various maturities. Deposits with a maturity of 46-90 […]
ASIC has accepted an enforceable undertaking (EU) from KPMG Sydney auditor Mr Christopher Neville Whittingham. The EU follows an investigation into Mr Whittingham’s conduct in relation to his audit of the financial report of Allco Financial Group Lim
Five months after taking charge as head of the Pension Fund Regulatory and Development Authority (PFRDA), Yogesh Agarwal has decided to take measures to ‘fix’ problems plaguing the New Pension Scheme (NPS), which has failed to attract voluntary subsc
