The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.
'You should be able to juggle them, extract the most rewards out of them, and most importantly, be able to repay your dues on time.' 'However, you shouldn't try to get multiple cards at once,' advises Adhil Shetty, CEO, BankBazaar.com.
Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
This was the companies' highest loss in two years.
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
The money was allegedly diverted by an ATM servicing company in criminal conspiracy with bank officials.
Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The a/c holder will have to mention the date of opening of foreign a/c.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
India owes Iran around $8.8 billion primarily on account of crude oil imports.
Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
Penalties for undisclosed foreign income and assets extend up to 300%.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
No respite in sight as not many big deals, initial public offerings in pipeline.
The index had risen over 585 points in the previous three sessions.
Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
'The government's projections for 2019-2020 will be disappointing big time.'
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
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