The scheme also includes a Credit Risk Coverage Framework, offering...
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Whole-time directors’ vigilance matters of PSU banks, insurers to be reported promptly:FinMin
The directive from the Department of Financial Services (DFS) under...
SC takes suo motu cognisance of Aravalli Range, hearing on Dec 29
As per the causelist published on the website of the apex court, a...
Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal
Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports, Shipping and Waterways Delivering the valedictory address at the Green Shipping Conclave 2025 here, Sinowal, who is the Union Minister for Ports, Shipping and Waterways, also called for a united approach...
Govt eases norms for import of vintage cars
However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as "vintage motor vehicles" by actual users, according to a notification....
Emboldened crypto industry seeks to cement political influence and mainstream acceptance
The crypto industry has scored some early wins since Trump took office, including the repeal of an accounting rule by the U.S. Securities and Exchange Commission and an executive order by the president directing a working group to study and propose changes to crypto...
Trade war risk rises for global macro, credit outlook, cautions Fitch
Notably, these uncertainties come at a time of slowing US and Chinese growth and a faltering recovery in the eurozone, underscoring cyclical vulnerabilities New York: The risks of a global trade war have risen significantly, with the Trump administration pursuing a...
FPIs withdraw Rs 21,272 cr from equities in Feb; total outflow nears Rs 1 lakh cr in 2025
Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors, said, "shifts in global policies, especially those emerging from the US, are invoking a sense of uncertainty among FPIs, which in turn is reshaping their investment strategies in dynamic markets...
Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme
After hearing Aviva's defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around Rs 32.6 crore ($3.8 million), which it must pay with a 100 per cent penalty, totalling Rs 65.3 crore, or $7.5 million, according to a February 5 order...
India to form Deregulation Commission: PM Modi
Prime Minister Narendra Modi "It is my conviction that there should be less interference of the government in the society. For this, the government is also going to constitute a Deregulation Commission," PM Modi said New Delhi: Prime Minister Narendra Modi on Saturday...
Income Tax dept activates section-wise mapping of old I-T Act, new tax bill
The Bill introduces a new concept of 'tax year' as the 12-month period beginning from April 1. This would replace the present concept of assessment and previous year. Currently, income earned in the previous year (PY) say in the year April 2024 to March 2025 will be...
PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry
``With improved risk-management practices, loss-control initiatives, adoption of technology, development of new products, better customer services and diversification of portfolio, the Public Sector General Insurance Companies have posted a magnificent turnaround from...
I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital realm that allows users to interact, communicate and perform activities using computer systems, computer networks, communication devices, and includes email servers, social media accounts, online...