Finance Minister Arun Jaitley presented the Union Budget.
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
Third parties can be used to launder the proceeds of fraud schemes by criminals who gain illegal access to deposit accounts by recruiting them as 'money mules'
Finance ministry maintains that all KYC requirements will be followed.
Ahead of the second phase of polls in the state, Banerjee's letter, which was released by the Trinamool Congress on Wednesday, seeks to drum up support from opposition leaders by stating how non-BJP states have suffered due to the saffron party led Centre's actions.
'The regime -- and particularly the home ministry under Amit Shah -- have sought to suppress and destroy these struggles through intimidation, bullying, threats, through false cases, arrests, custodial torture, the use of draconian laws like the UAPA.'
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
As long as the money has been 'paid or deposited in the previous year', an assessee should be eligible for tax relief, says Harsh Roongta.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Several critics including some rating agencies have doubted prospects of meeting this ambitious fiscal deficit target.
Jaitley's Budget has the potential to change the face of Modi's Bharat
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
It offers fares as low as Rs 1,499 for a one-way journey.
How investors can tweak their fixed income investments to earn more in the current environment.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.
The government is coming up with this new law, replacing the Consumer Protection Act 1986, which will incorporate the revised 2015 UN guidelines on consumer protection.
After a week of public arguments about Premier League players, who earn an average salary of 240,000 a month, refusing to take a pay cut while top clubs use public money to pay their furloughed non-playing staff, there is little doubt that the game -- and its players -- have suffered a serious blow to their image. There is no question that many footballers do help out good causes generously, just as most clubs are engaged with effective community programmes all-year round.
'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'
The minister, in an eight-page open letter to farmers, said the Modi-government was committed to their welfare and stressed that the new legislations were aimed at benefitting small and marginal farmers.
The Employees' Provident Fund Organisation and the Labour Ministry are in touch with the Prime Minister's Office for the purpose, a senior official said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tomar had discussed the two proposals with trade unions on June 24 and assured that the government will take at least two weeks to take a decision.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
Tax Guru Anil Rego answers your personal income tax queries.
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
Kashmiri separatist leader Dr Ghulam Nabi Fai was released early from a minimum-security penitentiary, thanks to a surprising motion moved by the prosecution.
The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
The 'Smart Cities' project is one that has faced many hurdles.
Starting with 10 terror modules in 2009, the Jamaat-ul-Mujahideen Bangladesh today has more than 50 units across West Bengal, reveal investigative officials.
Banks are in need of government support to manage the stressed assets
'We have to rise over our divisions.' 'Divisions within us allow unscrupulous politicians to divert attention from issues like corruption and governance.'
