Govt may grant infrastructure status to the aviation industry to enable it to access finances at cheaper rates
SBI is likely to register more FIRs to bring into the ambit of probe the additional Rs 3,100 crore loans from 10 other nationalised banks on which the company has allegedly defaulted.
The new form will only require a complainant to mention the product and GST identification number of the seller
The British home secretary has granted permission for jeweller Nirav Modi's extradition to India. During their arguments in a London court, his lawyers claimed Modi suffers from mental illness and is a suicide risk if he was sent to Mumbai's Arthur Road jail. A fascinating excerpt from Danish Khan and Ruhi Khan's Escaped: True Stories Of Indian Fugitives In London.
Google launched Wallet in 2011.
Remember to take important documents like no dues certificate.
Apart from mobile apps, 611 websites with the .in domain in the country were also found to be vulnerable, the Trend Micro survey reveals.
Insurance companies have worked over the years to simplify their claim settlement process
If you use the internet to carry out your financial transactions, beware!
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
If the country is to meet its jobs and income challenge, there has to be a parallel focus on jobs in the formal sector.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.
Moti has been described in UK court proceedings as a "senior member" and "top lieutenant" of D Company.
Want a stress free vacation? Amar Pandit tells you what you need to keep in mind.
'Investors should reduce cash gradually and look for value investing.'
The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.
Every online user must put these additional security layer in place to prevent theft of their online identities and vital information like user IDs and passwords
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
Things are expected to change dramatically in a few years for urban consumers.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.
While the acceptance of cards, mobile wallets and banking apps is increasing, only 10 per cent of transactions take place through them.
'We believe there will be a full shutdown for four weeks and a partial shutdown for eight weeks.' 'Hence, economic activity is unlikely to normalise before the end of May.'
Foreign travels could come under closer watch of the income-tax department from the next fiscal year.
The 21st AGM of the company is scheduled to be held in Mumbai on Friday.
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
Race for Asia's No. 1 MFI spot: Bandhan now closes in on Grameen Bank
Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.
They have cited higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules by the Reserve Bank of India (RBI) as some of the reasons.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
As India logged a world record of over four lakh coronavirus infections on Saturday, Congress leader Rahul Gandhi said the entire world is shaken by what is happening here and accused Prime Minister Narendra Modi of "dropping the ball and throwing it to states" after prematurely taking credit for having "won against COVID-19" when the second wave was already underway. "Rely on yourself is the motto. No one will come to help you. Definitely, not the prime minister," Gandhi said, while alleging that the COVID-19 situation has gone completely out of control for the Modi government, and wondered whether it was their way of making the states and the citizens truly 'Aatmanirbhar'.
A robo advisor may seem like the perfect solution for those with only a small investment capital who are just starting their investment journey, says Mrin Agarwal, founder, Finsafe India.
