Widening its probe into the finances of YSR Congress chief Y S Jaganmohan Reddy, the Enforcement Directorate has issued summons to him in connection with the money laundering case against the member of Parliament.
The indirect tax department on Thursday hinted that Vijay Mallya, owner of the grounded Kingfisher Airlines, may face prosecution in a service tax evasion case.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Officials of the international radio taxi service Uber will be questioned by the police for the second consecutive day on Tuesday in connection with the alleged rape of a 27-year-old finance company executive by its driver.
CBI had lodged an FIR on May 15, 2017, alleging irregularities in Foreign Investment Promotion Board clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as union finance minister.
With questions being raised over his huge assets, Baba Ramdev will make public on Thursday his personal financial details and also the assets of firms and trusts associated with him.
The amount saved in a PPF account is actually saving for a rainy day.
God forbid, if bad days fall upon someone and debts pile up. A fascinating excerpt from Anil Lamba's Financial Affairs Of The Common Man: Master The Art Of Personal Finance Management.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Central KYC not in sync with Sebi's KRA system; regulator writes to finance ministry
The finance ministry and the RBI have performed many somersaults in these last 42 days.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
India has joined global efforts to combat global tax evasion.
We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A six-point checklist to follow when lenders reject your home loan application.
Don't focus on market or product returns -- focus on your target rate of return, and then choose an investment.
For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The speaker said he would take a decision on the remaining 14 cases in a "couple of days."
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Bringing down the Income Tax slab is a boon for them, but anomalies regarding health insurance benefits remain.
The RBI governor has to convert the zero-sum game with the government from a non-cooperative one -- which his two predecessors had made it -- to a cooperative one, explains T C A Srinivasa Raghavan.
The Income Tax raids on a Karnataka minister on Wednesday had its echo in Parliament where the protesting Congress members disrupted the proceedings
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
Refutes claims of differences between board, founders and Sikka; board needs to do better scrutiny, says Mohandas Pai.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
'The problem is not lack of evidence, but the unholy alliance between political parties and church authorities.' 'If you are raising a voice against the priest, you and your family will suffer.'
Budget has laid emphasis on increasing social spends
A man, from whom a fake character certificate was originally procured, using which the Uber rape case accused got an All India Tourist Permit, has been identified by the police and summoned for questioning.
About 3,500 jurists, academics, actors, artistes, writers and people from other walks of life called the registration of the FIR against The Wire's founding editor an attack on press freedom.
Asking the Central Bureau of Investigation to respect the line that divides between policy making and policing, Finance Minister P Chidambaram on Tuesday came down heavily on investigating agencies and Comptroller and Auditor General for "overstepping" their limits by attempting to convert bonafide executive decisions into either crimes or abuse of authority.
Labelling All India United Democratic Front chief Badruddin Ajmal as the 'enemy of Assam', state minister Himanta Biswa Sarma on Sunday asserted that he is an extremist in protecting Indian and the Assamese culture.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
Six money lessons you can learn from the popular game
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
The government informed the Rajya Sabha on Tuesday that it is keeping a watch on a person who is suspected to have used the booming Indian share market for terror funding. "Recently, a case has come to our notice. It is suspected that it may be linked to a person under watch. I cannot divulge further details," Finance Minister P Chidambaram said.
The NRA will have representatives of IBPS, SSC and Indian Railways.
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