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 ...
28 Oct, 2021, 07.25 PM IST
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...
20 Dec, 2020, 11.21 PM IST
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...
15 Jul, 2020, 04.10 PM IST
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...
05 Jul, 2020, 07.35 PM IST
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...
03 Jul, 2020, 10.00 PM IST
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...
01 Jul, 2020, 04.45 PM IST
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 ...
27 Jun, 2020, 09.27 PM IST
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...
10 May, 2020, 07.04 PM IST
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...
08 Apr, 2020, 05.47 PM IST
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 ...
12 Feb, 2020, 04.21 PM IST
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...
10 May, 2019, 10.05 PM IST
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...
05 Feb, 2019, 07.07 PM IST
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...
11 Jan, 2019, 08.18 AM IST
ESOPs should be taxed only when benefits are realised: ReportCompanies offer stocks to their employees by way of Employee Stock Option Plans (ESOPs).
07 Dec, 2017, 10.34 PM IST
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...
27 Oct, 2017, 11.00 PM IST
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.
08 May, 2015, 06.12 PM IST
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.
10 Apr, 2013, 06.29 PM IST