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BANK RECORDS
SC upholds HC order, clarifies scope of Fortis forensic auditThe Supreme Court maintained the Delhi HC's directive for a forensic audit of certain banking transactions. This audit specifically concern...- Services output grows 13.5%, 17 of 19 sectors expandThe service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Rati...
- FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infraFinance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi and suggested the bank expand its f...
- India’s new services speedometer flashes green across 17 sectorsIndex of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-...
- Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fallThe Indian rupee breached the 96-per-dollar mark for the first time since July as surging crude oil prices and a firm dollar weighed on the...
- Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...
- H1N1 dominates India's flu cases, accounts for 75 pc of positive samples: WHO reportRecent WHO surveillance data reveals that H1N1 accounts for a significant percentage of influenza cases in India. The data indicates that H...
- Global Market: Japanese bond yields hover near multi-decade highs as inflation concerns persistJapanese government bond yields remained near multi-decade highs as persistent inflation, elevated oil prices and expectations of further B...
- Exports, rising power demand to support manufacturing growth despite rural weakness: ICICI BankIndia's manufacturing sector is projected to grow, supported by increased exports and a strengthening investment cycle. Industrial producti...
- Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- Canara Robeco AMC enters Asia and India Book of Records for largest mutual fund investor awareness campaignCanara Robeco Asset Management Company has entered the Asia Book of Records and India Book of Records for its year-long 'Nivesh Bus Yatra' ...
- Rupee's likely to slip despite RBI push for stabilityThe rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and...
- Fruit seller deposited large amount of cash in bank, got income tax notice of unexplained income; won case in ITAT Bangalore for this reasonIn Bangalore, Mr. Ramachandrababu found himself facing an income tax notice over unexplained cash deposits in his bank account. However, hi...
- Ram temple donations pilfered during counting process, 105 instances caught on CCTV: SITA Special Investigation Team has unveiled a significant case of embezzlement involving donations meant for the Ram temple in Ayodhya. The i...
- RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economyIndia's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bullet...
- Bank deposits, credit shrink in fortnight to September 15Outstanding bank deposits and advances declined significantly during the fortnight ending September 15. Deposits fell by Rs 2.49 lakh crore...
- India’s external pressures persist despite forex swap inflows, says NageswaranIndia's Chief Economic Advisor V Anantha Nageswaran highlighted ongoing balance of payments pressures amid increased foreign capital inflow...
- Meet Jude Owens, the British toddler who started snooker at 2 and set 2 Guinness World Records before turning 3Before most toddlers learn to ride a bike, Manchester’s Jude Owens was lining up complex shots. Standing on a wooden step stool to see over...
- Bankers' Books Evidence Act to come into force from October 1The Bankers' Books Evidence Act, 2026 will become effective from October 1. This new law modernizes the use of banking records as evidence ...
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