'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure that you have supporting documents to substantiate it.
The ED slapped criminal charges of money laundering on the basis of the Mumbai Police FIR that was filed in August this year, which itself was filed on the basis of a similar complaint by the state economic offences wing.
A high-intensity earthquake hit the Central Asian country of Tajikistan on Monday, tremors of which were felt in parts of north India, including Delhi and Kashmir.
The retrenchments at the company promoted by Mumbai BJP chief Mangal Prabhat Lodha come at a time when the economic growth has dipped to a six-year low of 5 per cent, which has led many to fear if the spectre of job losses across sectors awaits next.
In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
In the recently released Bhaag Milkha Bhaag, based on renowned athlete Milkha Singh's life, the disturbing assassination of his family during Partition is an insurmountable cause of his anxiety.
Police said situation is under control in the border district of Jammu and Kashmir.
CBD oil, found in marijuana, is gaining popularity for its pain-relieving properties. It's now legally available in India
Flood and erosion is a serious issue in the state as more than 4.27 lakh hectares or 7.4 per cent of the state's total area have already been eroded by the Brahmaputra and its tributaries since 1950.
The manifesto said that loans of poor farmers and farm labourers will be waived off and loans of SCs and BCs will also be waived off.
An earthquake of moderate intensity, measuring 5.2 on the Richter scale, jolted India-Bangladesh border in Karimganj on Saturday.
Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter.
Azad has been restrained from visiting Delhi for four weeks. The court also directed him not to hold any dharna in the national capital till the elections are over.
A major earthquake measuring 7.8 on the richter scale rocked the Iran-Pakistan border on Tuesday, tremors of which were experienced in North India, including New Delhi, Haryana, Rajasthan and Punjab.
'No action will be taken against Ajit Pawar. I am sure.'
The epicentre of the tremor, which occurred at 12.30 am, was at Rangapara in central Assam's Sonitpur district.
A Jaguar aircraft of Indian Air Force on Wednesday night crashed near Bholasar village in Rajasthan's Bikaner district but the pilot and co-pilot ejected safely.
'We had joy, we had fun, we had seasons in the season -- and all that crap,' mutters Kishore Singh as he draws up a will :)).
Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.
Making non-life insurance claims is going to become more expensive in the new financial year.
Mild tremors measuring 3.4 on the Richter scale were felt on Tuesday in Chhindwara district of Madhya Pradesh. The quake was felt in the district at 6.38 am, triggering panic in various villages, officials said.
In yet another ceasefire violation, Pakistani troops fired at forward Indian posts along the Line of Control in Jammu and Kashmir's Poonch district but there was no loss of life or damage to property.
Under the provision of the Constitution, bills passed by the Lok Sabha during the course of its five year term and pending in the Rajya Sabha get lapsed with the dissolution of the House of the People. Separately, any bill introduced in the Rajya Sabha remained a property of the House irrespective of the fate of Lok Sabha.
The losses caused to property due to violence and arson by the followers of self-styled godman Gurmeet Ram Rahim Singh will be recovered from Dera Sacha Sauda, the Punjab and Haryana high court ruled on Fridayy, according to a senior government lawyer.
A Sukhoi 30 aircraft of the Indian Air Force on Tuesday crashed in Rajasthan's Jaisalmer district but both the pilots bailed out safely.
Security has been beefed up in the East Godavari district, in view of Kapu leader Mudragada Padmanabham's planned indefinite fast at Kirlampudi from Friday for inclusion of the community in the Backward Class category.
Sell the property if bought for investment purpose.
Indian firms feared they would lose business if US ratified the Trans-Pacific Partnership agreement with 11 other countries.
The plan is to start with 20-25 per cent capacity by early next month as part of Unlock 5.0, before moving to 50 and then 100 per cent.
Prime Minister Oli did not attend the meeting of the 45-member Standing Committee, he said, adding that the next meeting of the top body of the NCP will be held a week later. The meeting took place after it was postponed seven times to allow Oli and Prachanda more time to sort out their differences.
Every year, 1,500-2,000 films are produced in India, losing up to 30 per cent of their business to piracy.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
>The protesters should entrust the final judgement on the farm reform laws to the Supreme Court-mandated committee of experts and return to their villages, argues Virendra Kapoor.
The biggest storm -- Typhoon Hagibis -- to hit Japan in decades left deaths and destruction in its wake, as it battered the central and eastern parts of the country. The storm flooded rivers and caused secondary weather patterns like tornados that destroyed homes and public property in areas east of Tokyo. Hagibis hit the capital, where streets were largely deserted and people were bunkered down, moving past the city by midnight, but not before flooding some sections. Reports state that the storm killed as many as 33 people and injured 186 others.
A salaried individual needs to file returns as a business owner if s/he has a high turnover while trading in stocks or futures & options, reveals Tinesh Bhasin.
The newspaper said efforts are being made to incite caste violence in the state by exploiting the clashes which took place at Bhima-Koregaon on January 1.
The House rejected India's claims of having destroyed terrorist facility and causing heavy casualties as 'self-serving' and 'fictitious'.
Now, the property developer has snapped up a controlling 63.9 per cent stake in the loss-making Piramyd Retail at Rs 30 per share. The Rs 159 crore (Rs 1.59 billion) Piramyd has been running 7 large Piramyd lifestyle outlets and 33 small convenience stores called TruMart.
The Centre also justified the abrogation of Article 35A of the Constitution which "enabled the then State to make laws giving special rights and privileges to permanent residents, while imposing restrictions upon others".
