'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
The NRA will have representatives of IBPS, SSC and Indian Railways.
The CJI has also kept with himself matters concerning arbitration, habeas corpus, criminal cases, contempt of court and ordinary civil matters.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
It said the searches that were launched on July 22 in nine cities like Bhopal, Indore, Delhi, Ahmedabad, Noida and some others are "continuing and further investigations are in progress."
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
The decision to do away with Rs 500 and Rs 1,000 notes accelerated the slowdown in economic activity with growth averaging 6.8 per cent in the seven quarters after it, as against an average of 8 per cent in the six quarters preceding it, says former chief economic advisor Arvind Subramanian.
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Iran can now unlock $4.2 billion of payments for its oil stuck with major clients including India, China, Japan and South Korea after it reached an interim deal with six world powers in November over its nuclear programme.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
India's embattled Satyam Computer Services could become the country's first large outsourcing company to merge or be taken over amid increasing doubts over whether its founding family still controls the company.
It had been pointed out to the banking regulator that one-day default was difficult to monitor in large companies, especially where cash flows are dependent on government payments.
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
The problem of stressed assets needs to be addressed with effective recovery.
Besides criticising CM Arvind Kejriwal on scores of issues, Shah alleged the AAP government made only promises throughout its tenure and now in the last three months, public money was being spent on advertisements for its announcements.
The former liquor baron owes several banks a total of as much as Rs 9,000 crore
Radico Khaitan Ltd has informed BSE that the Board for Industrial and Financial Restructuring has sanctioned a scheme of rehabilitation of Abhishek Cements Ltd.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Adani Mining is building a 300-km rail line for its about $16 billion Carmichael coal mine project in Australia.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
According to the officials privy to the development, Centaur Hotel, owned by the Indian Tourism Development Corporation (ITDC), has submitted a bill of nearly Rs 3 crore to the home department for over 100 days of boarding and lodging of the detenues.
The ED is contemplating a special audit of the account in the backdrop of rating agencies downgrading various debt papers of IL&FS.
The National Recruitment Agency will prove to be a boon for crores of youngsters, the PM said.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
A glance back at some of the important ups and down Indian Inc faced in 2018.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
Chidamabaram's counsel told the top court that he is sought by ED to be "vicariously involved" in the INX Media money laundering case as he is the father of Karti Chidambaram, who according to the probe agencies tried to influence the Foreign Investment Promotion Board members.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
After Congress questioned the logic of the $1 billion loan to the Adani group, the Communist Party of India (CPI) on Friday joined issue demanding RBI's intervention in the matter.
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
Apart from them, Chidambaram's wife -- Nalini -- has been chargesheeted by the CBI in the Saradha chit-fund scam for allegedly accepting a bribe of Rs 1.4 crore.
Norway's Birk Ruud claimed the first men's freeski Big Air Olympic gold
Air Chief Marshal Arup Raha on Wednesday expressed concerns over the delays in delivery schedules of 'Tejas' Light Combat Aircraft and intermediate jet trainer 'Sitara', both being developed indigenously, and their impact on operational capability.
Diageo gets assurance, Heineken may seek one, too.
The guidelines also stress on institutional mapping so that only the institutions recognised by the appropriate body of the State and Centre will be eligible for the scheme.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
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