In an interview with The Indian Express, Khara spoke about the nitty-gritties of the largest banking merger in India so far.
Centre’s move to bring in 40 amendments as part of the Finance Bill, like quoting Aadhaar to file ITR and removal of cap for firms for contributions to political parties, among others, has come under Opposition fire.
The income tax dept detects Rs 14,697 crore this fiscal till February, against `9,521 crore in the year-ago period; Kochi registers the highest rise in detection.
Challenges may continue in short to medium term due to USFDA action, likely imposition of Border Adjustment Tax & delay in drug approvals, say experts
The defence budget for FY18 has come down to 1.56% of gross domestic product at `2,74,114.12 crore, compared with 1.65% in the current FY17, perhaps the lowest since India lost the border war to China in 1962
Recast packages of 53 borrowers in the infrastructure and the iron and steel sectors appear to be in trouble.
Idea of pushing private asset restructuring companies is gaining traction even as concerted efforts by the RBI and the Centre to resolve the bad loans issue in the past have shown no tangible signs of improvement
India's foreign secretary S Jaishankar would visit the US on Tuesday and could discuss India's concerns about the possible clampdown on H1B visa programme
Apprehensions regarding the abuse of information by the assessees appear to be the main reason behind the tax department's move to seek changes to the Income Tax Act
On January 27, the cheapest ticket from Srinagar to Mumbai was going for Rs 73,647.
“The estimated percentage of NSQ drugs from government sources in India was 10.02 per cent and for spurious drugs was 0.059 per cent.
Revenue secretary, while appearing before a Parliamentary panel, has clarified the government’s stand on the fresh provisions introduced in the Budget.
A government-appointed panel has said that a large section of urban workers lose access to social benefits due to intra-state and inter-state migration.
The Union Budget 2017-18 has yet again emphasised the importance of housing, and has accorded infrastructure status to this sector.
The role of the management holds the key in ensuring a safe work environment, but figures show that the responsibility for at least 63% of the documented accidents in coal mines over the last 3 years goes to the management and the supervisory staff.
Economists say that there was a decline in consumption in Nov and Dec as people were uncertain about spending after government announced to withdraw the legal tender character of old Rs 500 and Rs 1,000 notes.
In an interview with The Indian Express, Chakrabarty spoke about the need for segment-wise disclosure of write-offs and top 100 borrowers and mismanagement in tackling bad loans.
The Centre plans to notify an examiner of electronic evidence, who would be responsible for authenticating such evidences presented in courts.
In a statement tabled in the Lok Sabha on Friday, the finance minister stated: “Certain bank officials have been found involved in irregularities related to demonetisation.
They also say while demonetisation may not have impacted ongoing investments, fresh ones would have been kept in abeyance.
Valuations could be hit as National Insurance and Oriental Insurance don’t have the required IRDAI-fixed solvency ratio of 1.5% as on September 30, 2016, while Oriental Insurance and United India Insurance have suffered heavy losses in H1FY17.
In the two-month window after demonetisation— between Nov 9 and Jan 9— apart from commercial tax services, Gujarat and Kerala registered most transactions in various public distribution schemes.
In this payment system, customer needs only Aadhaar; as soon as the number is keyed in & customer provides his fingerprint, the transaction is all done.
RBI, on May 27, 2016, recommended to the government that new series of notes with new designs, sizes, colours and themes including notes in the new Rs 2,000 denomination be introduced.
According to the RBI, the rate of recovery was 18.4 per cent, or Rs 32,000 crore out of the total NPAs of Rs 173,800 crore reported in March 2014.
There is one central drug regulator which is known as CDSCO — DCGI is its head — and the remaining 35 are drug regulators of various states and Union territories.
The Centre’s inability to build a consensus for its land acquisition law notwithstanding, states have taken decisive steps to free-up regulations
Time taken to obtain an electricity connection, for commercial purposes, is an important parameter for ease of doing business and the govt survey would give a clear picture for taking necessary steps for its improvement
The hold on promotions in the past two years and the subsequent six-month delay has caused many people to even retire with lower benefits than what they are entitled to.
Indian pharma players often blame ‘storage conditions’. They allege that the drug was not stored properly, especially in countries with hot and humid climates.
In the absence of a nation-wide policy mandating companies to withdraw drugs from the market, public is often exposed to inferior quality medicines.
While Tamil Nadu and Gujarat lost out, major gainers in terms of attracting FDI were Maharashtra and Andhra Pradesh.
Ghosh said it is not possible for banks to differentiate whether deposits are out of black money or white money of the account holder.
Development and launch of transaction platforms in squeezed timelines may lead to firms missing out on security functionalities.
By majority the Supreme Court has opined that non-discriminatory taxes do not interfere in the free movement of goods across the territory of India.
Medicines were found substandard by drug regulators of four states since March this year.