The studies found that sectors with the highest unaccounted income included real estate, mining, pharmaceuticals, pan masala, gutkka and tobacco, bullion and commodity markets, film industry, educational institutes and professionals.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
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.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
The Centre's gross borrowing crossed Rs 1,62,000 crore (Rs 1,620 billion) as bond market turned bullish after a fall in price level in the country last week.
The United States will soon impose more sanctions on Syria in response to a chemical attack blamed on President Bashar al-Assad's regime after an "overwhelming" successful military operation, the Trump administration officials said on Saturday.
Soaring redemptions of government securities and 364-day treasury bills resulted in a 2.33 per cent fall in net borrowings of the Centre at Rs 91,821 crore (Rs 918.21 billion) till January 9, according to PNB Gilts.
A whopping 42 per cent increase in redemptions of government securities and 364 day treasury bills led to an over 14 per cent decline in the net borrowings of the Centre till December 26, according to PNB Gilts.
"The Sussexes will not use their HRH titles as they are no longer working members of the Royal Family. The Duke and Duchess of Sussex have shared their wish to repay Sovereign Grant expenditure for the refurbishment of Frogmore Cottage (believed to be 2.4 million), which will remain their United Kingdom family home," a statement from the Buckingham Palace read.
The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.
Lobbying on the Hill is time consuming and cumbersome, but very effective to influence US government policies, asserts Ambassador T P Sreenivasan, deputy chief of mission at the Indian embassy in Washington, DC after the 1998 nuclear tests and during the Kargil War.
The government has mopped up Rs 1,26,034 crore (Rs billion) till last week taking the gross market borrowing to over 88 per cent of the budgeted Rs 1,42,867 crore (Rs 1,428.67 billion) for the entire fiscal.
The Anti-Terrorism Court in Lahore granted interim bail to Saeed and his aides -- Hafiz Masood, Ameer Hamza, and Malik Zafar -- until August 31 against surety bonds of Rs 50,000 each, Dawn newspaper reported.
Addressing the party's mega "Bharat Bachao Rally" (Save India) at Ramlila Maidan, she also targeted the government over the economic situation and exhorted people to raise their voice to protect the country and its Constitution.
China on Thursday said it was in "close" contact with India over its efforts to put Masood Azhar on the United Nations list of proscribed terrorists, as it expressed willingness to step up bilateral counter-terrorism cooperation in response to President Pranab Mukherjee's call.
The market believes there will soon be another offer to buy the bonds.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
A source in the Imran Khan government told PTI that the Punjab police are waiting a go-ahead from the "top" to lay hand on Saeed.
Shah said the BJP-led government had only brought an amendment to the law which was enacted by thr Congress and whose provisions were later made stringent.
The Congress president questioned the government over unfulfilled promises and questioned the Rafale deal.
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
In first half of year, firms raise more than banks on low US treasury rates.
The passing of the GST bill and the failure of India to acquire NSG membership is set to rule the agenda in Parliament.
The US president puts Pyongyang back on list of state sponsors of terrorism for first time since 2008.
The board rejected the government's plea to extend his detention for another 3 months.
Supporters of Yadav created ruckus in the hospital premises protesting the decision.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
Rediff.com rewinds the clock as it struck Noon to unravel how things went awfully wrong in Parliament on Thursday
India may seek US' help for extradition of Dawood Ibrahim, the mastermind of 1993 Mumbai blasts, as they vowed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayiba, Jaish-e-Mohammed, D-company, Al-Qaeda and Haqqani network.
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Following are the names of some high-profile people who have been put behind the bars
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
Technical fault was the reason behind it.
The new norms provide an operational framework for FPIs, a new class of overseas investors that club all existing class of investors like foreign institutional investors and Qualified Foreign Investors.
