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Asset Liability Committee

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'Nicobar's exploitation portrayed as strategic defence project'

Over 70 scientists, environmentalists and former bureaucrats have urged the government to reconsider the Rs 92,000-crore Great Nicobar Island project, claiming that it is "an exploitative......

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

A "criminal conspiracy" was carried out by Congress leaders to "usurp" properties worth Rs 2,000 crore of its public company AJL by transferring 99 percent shares for just Rs 50 lakh to their......

EC notice to Engineer Rashid on poll expenditure ahead of oath taking as LS MP

The Election Commission has sent a notice to newly elected MP Sheikh Abdul Rashid, also known as Engineer Rashid who is in jail in a terror funding case, over a significant disparity in his......

MPs need govt nod for accepting foreign hospitality: RS fresh guidelines

Members of Parliament should observe strict guidelines while accepting foreign hospitality during private visits abroad and obtain prior permission from the central government, according to fresh......

Declare assets: LS Speaker asks 7 members

At least seven Lok Sabha members, including actor-turned-politician Jaya Prada (Samajwadi Party), have been issued an ultimatum by Speaker Somnath Chatterjee to submit a declaration of their assets......

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple......

Why PSBs are raising home loan rates

Some public sector banks, including State Bank of India (SBI), Union Bank of India, Canara Bank, and Bank of India, are increasing the spread on home loans for new customers to protect margins.......

RBI outlines steps to improve EPFO's investment management

The RBI advisory follows a labour ministry request earlier this year seeking the central bank’s expertise to identify gaps in EPFO’s investment strategy and fund management practices, including......

'NPS Will Exceed 30% Growth This Financial Year'

'The informal sector can grow at a 100 per cent rate -- we have to plan big.' Illustration: Uttam Ghosh/Rediff Pension Fund Regulatory and Development Authority (PFRDA) Chairman Shri......

I-T Bill Restores Tax Benefits For Religious Trusts

'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in......

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