The prime minister also praised the Dawoodi Bohras, a sect within Shia Islam known for their trading and business acumen, for their efforts in making the Swachh Bharat Abhiyan a success.
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.
Here's the full text of the statement
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
When it comes wildlife, stock market investors can immediately identify with bulls and bears. But there are other animals in the stock market jungle too.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
'I have been most pained at being painted as an absconder'.
A common factor that binds all these men is greed.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
The project is awaiting clearances from the DGCA.
A glance back at some of the important ups and down Indian Inc faced in 2018.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
The very design of the GST will bring in revenue buoyancy.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.
He will now have to submit to the two-year jail term handed down to him.
Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Penalties for undisclosed foreign income and assets extend up to 300%.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
Congress leaders claim The Associated Journals Limited has 761 shareholders while the company shows more than 1,000
Tamal Bandyopadhyay details HDFC Bank's digital journey.
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
Even Delhi does not have a full-time registrar of chits.
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
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