An Iran Air flight carrying Indian pilgrims stranded in coronavirus-hit Iran landed at the airport in Mumbai on Friday afternoon, an official said.
Asked about top Swiss bank UBS AG, reeling under criticism for sheltering American tax evaders, agreeing to US government's demand for disclosure, Kochhar generally hedged queries saying Indian banks were not in that kind of business. Black money had become a major issue in the run up to the Lok Sabha polls in April-May, with BJP leader L K Advani claiming that $500 billion of Indian money was stashed in banks abroad.
Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card
In April this year, HP had announced to lay off about 27,000 employees globally as part of its restructuring process to reduce costs.
Roopam Asthana, CEO and whole time director, Liberty General Insurance, answers readers health insurance queries.
Sales of commercial vehicles rose 9.01 per cent to 51,000 units in December, SIAM said.
Auto sector cheers RBI rate cut as 'festival gift'
Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.
Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
Luxury car major Mercedes-Benz India will extend its financial arm, Daimler Financial Services to India. A few approvals were needed from the authorities before it could begin operations, said Wilfried Aulbur, managing director and CEO, Mercedes-Benz India, in Pune today.
Daily wage earners and casual low income group workers were the worst affected
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Service tax accounts for one-third of the total indirect tax collection in the country and the government expects to raise Rs 1.8 lakh crore (Rs 1.8 trillion) through the levy this fiscal.
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Carriers' input costs are rising due to weak rupee and rising crude oil price.
This is the seventh straight month of growth
Swamy had written to the Election Commission, the DGCA and the Civil Aviation Ministry not to grant a license to the carrier.
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board
Agents often influence customers into buying new products every year instead of continuing with their existing policies
Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.
From spending a little less than three hours on making voice calls, Indians are spending well over 5 hours. So, while people make more calls, they are spending less than ever, reports Romita Majumdar.
Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
It will bring in more transparency and reduce mis-selling
In Zaveri Bazar, gold is being traded at Rs 26,920/10 gm
One can see the scale of recalls going up as the market expands.
If one leaves aside 2016, when sales declined 4.68 per cent, the pace of growth in 2018 is the slowest in a decade, according to IHS Markit, a sales forecast and market research firm.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.
General Motors India on Monday launched a new variant of Chevrolet Tavera priced at Rs 599,000.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.
This is perhaps for the first time the CBI raided a serving police chief of a state.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
Insurance experts said since it may be difficult to set a tariff or fixed rates for Covid-19 treatment, an indicative rate chart has been proposed.