This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.
Beijing will be intently watching Washington's response for any hint of weakness. Xi Jinping, who feels China has a limited window of strategic opportunity, will be emboldened to take additional initiatives in the Indo-Pacific and specifically against India and Taiwan, warns Jayadeva Ranade, the former senior RA&W officer and China expert.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
It further said that he cannot live merely on 'past glory' as the trust has been reposed in him for defending the country.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
Start now, and sail through your tenure like a pro!
Evaluate recurring investment products and do the numbers before making any investments.
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Frankly, there is no reason not to open a PPF account and start investing in PPF
The Ethics Officer has ruled that the former India players have to choose between CAC, IPL jobs
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
BCCI Ombudsman Justice (Retd) D K Jain sought written submissions from Sourav Ganguly and the three complainants in the alleged Conflict of Interest case against the the former India captain.
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
Use of the incorrect form will result in your return being treated as defective, points out Suresh Surana, founder, RSM India.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
Let us look at this scheme a little more in detail.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
The Public Provident Fund is one of the safest and convenient modes of investment.
'It could tempt investors to pick stocks that are not fundamentally sound.'
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
This mindless medley of products does not create choice.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Vadra is expected to be questioned again on either Friday or Saturday.
The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
It is best to invest long-term surplus in stocks or equity mutual funds.
All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
By evaluating their loan rate against the best available every year, borrowers can achieve considerable savings over the entire tenor, suggests Sanjay Kumar Singh.
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