Sun, Dec 10, 2023
To be eligible for empanelment in the A++ category, which is an OFS transaction size of more than Rs 2,000 crore, interested merchant bankers would be required to have completed at least one equity market transaction of the size of Rs 2,000 crore.
Tue, Nov 21, 2023
Financial flows in the external sector need constant monitoring as they impact the value of rupee and the balance of payments, the report said, adding that a fuller transmission of the monetary policy may also temper domestic demand.
Thu, Nov 02, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
Sun, Jul 01, 2018
One year of GST: This regime replaced multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime.
One year of GST: The goods and services tax (GST) has wrought major changes in India, but it needs to also note the revenue generated from this regime fell short of government’s FY18 target as well.
One year of GST: This regime replaced multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime. Fittingly, it boasted a tagline - ‘One Nation, One Tax’.
Thu, Jun 14, 2018
"With a view to address this difficulty of the taxpayer, a functionality to update e-mail and mobile number of the authorised signatory is available in the GST system.
Mon, Jun 11, 2018
The economic growth of recent past is here to stay and continue well into the future because this growth is backed by certain policy decisions like GST and Insolvency and Bankruptcy Code (IBC), Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, told Anil Singhvi, Managing Editor of Zee Business, in an exclusive talk.
Sun, Jun 10, 2018
The Finance Ministry is planning to transfer shares of five sick CPSEs including HMT and Andrew Yule & Company, to the SNIF fund to meet Sebi's minimum 25 per cent public shareholding.
Wed, May 23, 2018
The three way partnership between lenders, industry and the government aims to facilitate small business loans.
Mon, May 21, 2018
Finance Minister Piyush Goyal last week met heads of 11 public sector banks (PSBs) which have been identified under the PCA to check their deteriorating financial health and promised all possible help to strengthen them.
Tue, May 15, 2018
To build up cash reserves in the wake of the recent cash crunch, the Reserve Bank of India (RBI) has increased the printing of bank notes by five-fold, a senior finance ministry official told DNA Money.
Tue, May 01, 2018
The State Bank of India (SBI) has decided to shut six non-viable overseas branches in China, Sri Lanka, Oman, Saudi Arabia, France and Botswana by 2019, following directions from the Finance Ministry, DNA has learnt.
Thu, Apr 19, 2018
The consultant will also be responsible to look into the balance sheet, IT and employees of these companies. The government wants to complete the merger process in the ongoing financial year. However, before kicking-off the merger of these PSU GICs, the government will have to amend the existing General Insurance Business (Nationalization) Amendment Act 2002.
Tue, Apr 17, 2018
In a bid to tackle the "unusual" currency demand, the government has also decided to increase printing of Rs 500 notes by five times. Taking stock of the situation the Reserve Bank of India (RBI) said there is sufficient cash in the RBI vaults and currency chests.
Tue, Mar 13, 2018
The cases of reported suspicious financial transactions, as per India's Finance Ministry, have grown by an alarming rate in the last three years. The cases in fact went up from as less as 45,858 in the year 2014-15 to 61,361 in 2015-16 and 361,000 in 2016-17.
Tue, Mar 06, 2018
The government will tomorrow pitch for a sovereign rating upgrade with global agency Fitch, highlighting reform push in taxation and PSU banks and its plans to gradually lower government debt.According to sources, representatives from Fitch are scheduled to meet Chief Economic Advisor Arvind Subr
Wed, Feb 28, 2018
Fiscal deficit occurs when a government's total expenditure exceeds the revenue that it generates, excluding money from borrowings.
Tue, Feb 27, 2018
RBI data suggests that between 2013 and 2017, a total of 17,504 cases of frauds were reported by public and private banks. Of these, about 2,084 had insider involvement.
Mon, Feb 26, 2018
Union Finance Ministry has reportedly set up a panel to take a final call on demands of these employees by April this year.
It is being known that these NBFCs and co-operative banks were found converting banned Rs 500 and Rs 1000 notes during the demonetisation drive in November 2016.
Tue, Feb 20, 2018
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday gave approval to Unregulated Deposit Schemes Bill, 2018 that seeks to ban all unregulated deposit schemes.
A petition seeking registration of cases against all those involved in the PNB fraud and “immediate deportation” of Nirav Modi seeks the formation of a committee to document the details of bad debts in the country
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