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Govt allows direct listing of Indian cos on international exchanges of GIFT IFSCThe government on Wednesday permitted the direct listing of securities by Indian companies on international exchanges of GIFT IFSC to boost...- Chinese slowdown brightens prospects for Indian manufacturing: ExpertsThe growing tension between the US and China over Taiwan may escalate into geopolitical instability adversely impacting sourcing of inputs ...
- Deposits in Jan Dhan accounts cross Rs 1.5 lakh croreAs per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,...
- Post COVID compliance audits by supreme audit institutions helped improve pandemic management: CAG Girish Chandra MurmuComptroller and Auditor General Girish Chandra Murmu also emphasised the role of compliance audit in building strong institutions. He also ...
- Need for relook at differential rates structure to help MSME: ExpertsUnder the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those n...
- IDBI Bank strives to come out of RBI PCA framework this fiscal, says MD Rakesh Sharma"Your Bank is cautiously optimistic of an early exit from the PCA framework in FY2020-21 as it builds on the gains made in FY2019-20 so tha...
- Government may need to further extend tax return deadline if COVID cases continue to rise: ExpertsThe coronavirus cases in the country have exceeded 6.5 lakhs and it may take months before the vaccine is developed or the normalcy is rest...
- Borrowings by states double to Rs 1.7 lakh crore in Q1 FY21: Icra"The combined SDL issuance of all the state governments more than doubled to Rs 1.7 lakh crore in Q1 FY2021 from Rs 0.8 lakh crore in Q1 FY...
- Auto sector revenue drops 15 percent in Jan-Mar: Ind-RaPharma and fertilisers sectors showed resilience, with positive quarterly revenue growth on yoy basis, largely due to their essential natur...
- Irdai asks insurers to offer corona standard policy by July 10The sum insurances for COVID Standard Health Policy could range from Rs 50,000 to Rs 5 lakhs (in multiples of Rs 50,000). The nomenclature ...
- Banks find new ways to amuse and inform during lockdown"Tired of staying home and having nothing to do? HDFC Bank Fingage presents The Art Project, to give you a #BreakFromBoredom! Unlock your c...
- Irdai permits insurers to grant moratorium on term loansIn a circular, Insurance Regulatory and Development Authority of India (Irdai) said it has received representations from industry associati...
- Union cabinet okays changes in 'Vivad se Vishwas' Bill for faster resolution in direct tax litigationThe minister hoped that people will take advantage of the scheme to settle the tax disputes before March 31, 2020 as 10 per cent more will ...
- DHFL says paid over Rs 30,000 crore to creditors since SeptemberIt said that over the last one week there has been a lot of unwarranted speculations in the market about continuous weakening of DHFL's cre...
- RBI slaps penalties on Axis Bank, UCO Bank and Syndicate BankThe RBI said penalty of Rs 2 crore has been imposed each on Axis Bank and UCO Bank for non-compliance of norms related to payment through c...
- Cabinet nod to India-Japan USD 75-bn swap arrangement to curb currency volatilityThe arrangement authorises the Reserve Bank of India (RBI) to sign the agreement for bilateral swap arrangement between the RBI and the Ban...
- ESOPs should be taxed only when benefits are realised: ReportCompanies offer stocks to their employees by way of Employee Stock Option Plans (ESOPs).
- Mandatory use of PFMS to help monitor fund flow to schemes: Finance Minister Arun JaitleyWith the capability of providing real time information, the Web-based software app PFMS has tremendous potential to improve programme/finan...
- Farm households' average debt at Rs 47,000: GovernmentMore than half the households engaged in farming are in debt with an average loan burden of Rs 47,000, Parliament was informed today.
- OECD suggests weakening of growth in IndiaParis-based think tank said leading indicators point towards weakening growth in India though it forecast rapid recovery in rich nations.
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