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...
The government may defer further investment of employees provident fund money in LIC Housing Finance till investigations into the multicrore bribes-for- loan scam involving the company are complete.
Facebook on Friday recruited one of its addicts from India. The website, which recently logged its 500 millionth active citizen, made an offer of about Rs 70 lakh for a posting in the United States, which has created a buzz on all IIT campuses where
From the struggling economy of US to the emerging economies every one is ready with their investment ideas and strategies. In this series of article we will present a host of economies where inside investments as well as cross border investment will be discussed. In my first issue we are glad to present you investments “In China”.
The government has begun the process for selecting chiefs of at least eight public sector banks, including the country’s biggest lender SBI, where top position would fall vacant in the next fiscal. Kicking off a process that might take at least 4-5 m
All mutual fund investors, new as well as existing, will need to mandatorily furnish their PAN (Permanent Account Number) details from next year irrespective of the size of their investment. The move is part of the revised Know-Your-Customer (KYC) co
The Maharashtra State Co-operative Bank, run largely by Nationalist Congress Party (NCP) leaders, has turned its loss of Rs 1,043 crore in 2009-10 into a profit of Rs 2.87 crore. The wrongdoing was exposed by the auditors of the bank, whose chairman is NCP leader Manikrao Patil and 40 of whose 77 directors are linked to the party. Patil, it is believed, is a puppet in the hands of Deputy Chief Minister Ajit Pawar, who has virtually been running the bank for the past 17 years. Pawar, whose motto is transparency in administration, has ignored the bank’s violation of general accounting standard norms in an attempt to hide the huge loss.
The Allahabad High Court has ruled that eligible government employees with a bright career should not be deprived of promotional avenues. The denial of promotional avenues with the intention to adjust others shall have demoralising effect
An estimated annual savings of around Rs 1,00,000 crore makes a compelling case for the government to make a one-time investment of Rs 60,000-70,000 crore to build an electronic payment platform for all its transactions with individual households
On a day when India’s premier investigating agency Central Bureau of Investigation (CBI) is swamped with the investigation of major corruption cases, in a major embarrassment, its website has been hacked. People who logged on to the CBI’s official ho
The Central Vigilance Commission disposed of 830 cases during October 2010 referred to it for advice. Of these, 573 complaints were sent for necessary action/ATR whereas 48 complaints were sent for investigation and report. No action was required on
