Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified.
The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
Soon after arguments on custodial interrogation got over, senior advocate Abhishek Manu Singhvi, who was appearing for Chidambaram, sought permission from special judge Ajay Kumar Kuhar that his client be allowed to speak.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
In an online chat with Rediff.com readers, personal finance expert Anil Rego answered queries about the new tax regime announced in the Union Budget.
"We have great support from India. We have great support from Prime Minister Modi. I would think that the Indian (American) people would be voting for Trump," the President told reporters at a White House news conference.
'It is almost four years since we've seen strong growth in earnings.' 'The markets have rallied about 20 per cent in the past year, which is ahead of earnings.' 'So, the stress now will be on earnings to catch up.'
The Congress on Monday distanced itself from former Finance Minister P Chidambaram's statement that the banning of Salman Rushdie's controversial novel 'The Satanic Verses' by the Rajiv Gandhi government was wrong.
"Considering the facts and circumstances, I am of the view that police custody is justified," the judge said.
Congress leader Shatrughan Sinha said the "writing on the wall is clear" that the 'Mahagathbandhan' will be 'maha vijayi' (grandly victorious) as everyone can see the attraction and euphoria for the grand opposition alliance.
'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finance ministry maintains that all KYC requirements will be followed.
India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said on Sunday. Goyal in an interview to PTI said the management of the COVID-19 pandemic and gradual unlocks announced by the government have helped in avoiding multiple COVID-19 peaks. The growth estimates by different agencies are being continuously revised, she said.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'Kindly advise about the following stocks. Can I hold or exit?'
Piyush Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, told the Confederation of Indian Industry's annual session: "All stakeholders, including the RBI, should introspect on their respective roles (on low economic growth)."
Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
Jaitley in his Facebook post titled: 'Who killed the Sohrabuddin Investigation' said that those who have recently shown a belated concern for institutional independence, "should seriously introspect as to what they did to the CBI when they were in power."
Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet.
Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
It is just a question of providing an additional facility to the taxpayer that if he is not quoting PAN and only has Aadhaar, his filing and processes do not get affected, said CBDT chief.
Auto experts from CarJasoos answer all your questions related to buying, selling or maintenance of new cars.
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
Chidambaram, 74, was arrested by the Central Bureau of Investigation on August 21 and is lodged in Tihar jail under judicial custody in the corruption case.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence. Then he has to prepare for an interim government, in which no one would now want to become a cabinet minister leave alone prime minister, explains N Sathiya Moorthy.
Afghanistan will play T20 World Cup, says media manager.
The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators
Heated exchanges were witnessed between Union Minister Arun Jaitley and senior advocate Ram Jethmalani in the Delhi high court on Wednesday during the former's cross-examination in a defamation case against Chief Minister Arvind Kejriwal.
A combative Rahul Gandhi asked how the govt allowed liquor baron Vijay Mallya, who owes over Rs 9,000 crore to banks, to leave the country.
Earlier, maverick right-winger Subramanian Swamy had demanded the sacking of Jaitley's top aide
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
