Finance
Finance News
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Will China’s CBDC, Digital Yuan End Us Dollar Dominance?
Regulators and governments are devising methods to bring the cryptocurrency under some form of regulation. Blockchain technology and associated cryptocurrency…
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Bumper-to-bumper insurance must on new vehicles from September 1
Bumper-to-bumper insurance on vehicles for five years mandatory, rules Madras High Court Starting September 1, 2021, every vehicle sold should…
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India’s July WPI inflation records second straight fall to 11.16%
New Delhi: As per the WPI data released by the government, India’s wholesale price inflation or WPI eases 0.25% on…
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Tax Amendment Bill Passed In Lok Sabha; Opposition Protests Over Pegasus and Other Issues
Tax Amendment Bill makes it clear that no tax demand will be raised for any indirect transfer of Indian assets…
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The personal loans sector registered an accelerated growth of 11.9 percent in June 2021: RBI
RBI further said the credit growth to industry contracted by 0.3 per cent in June 2021 from 2.2 per cent…
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Sensex drops by 66 points amid volatility
Sensex was down by 66 points or 0.13 per cent at 52,587 while the Nifty 50 moved lower by 15…
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Lok Sabha passes Insolvency and Bankruptcy Code Amendment Bill 2021
Nirmala Sitharaman tabled the bill in the Lok Sabha, which amends the Insolvency and Bankruptcy Code, 2016 The Lok Sabha…
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RBI imposed restrictions on Mastercard from onboarding new customers
RBI also instructed Mastercard to advise all card-issuing banks and non-banks to conform to the directions Reserve Bank of India…
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RBI imposes penalties on SBI and 13 banks for violation of rules
The violence includes non-compliance with certain provisions of directions issued by RBI The Reserve Bank of India (RBI) on Tuesday…
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Rs 49,479 Crores of SGST collected in Haryana State
More than 4.66 lakh entrepreneurs of the state are taking direct benefit of four years of GST. HARYANA, INDIA —…
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CAIT hails Karnataka HC decision on Amazon and Flipkart for their alleged anti-competitive practices
The High Court earlier dismissed a plea filed by e-commerce companies Amazon and Flipkart challenging a probe ordered by CCI…
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Yes Bank to raise Rs 10,000 crore via debt securities
According to the RBI-backed rescue plan, the State Bank of India acquired up to 49 percent stake in Yes Bank…
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Sensex gains 359 points, banking and financial sectors took the lead
Bajaj Finance advanced by 7.6 per cent, Bajaj Finserv by 3.8 per cent, State Bank of India by 2.6 per…
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Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor
Mahesh Kumar Jain has served on various boards including the Export-Import Bank of India (EXIM Bank), IBPS, and NIBM in…
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Motilal Oswal Financial Services says E-grocery space to grow 59 pc by 2024
India has 15.4 crore online transacting households with 13 crore already using e-grocery platforms or willing to try, creating an…
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SEBI bans Franklin Templeton MF from launching new debt funds for the next 2 years
Franklin Templeton had announced shutting its six debt mutual fund schemes citing redemption pressures and lack of liquidity in the…
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Fitch Ratings says India’s bank privatisation plans can face hurdles amid Covid
Fitch said political support in favour of legislative changes to the Act which are required in order to go through…
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IT dept to launch new e-filing portal with new features
Income Tax Department is launching its new e-filing portal www.incometax.gov.in on June 7 aimed at providing taxpayer convenience and a…
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Court has allowed banks to sell Vijay Mallya’s properties to recover his debts
A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities of…
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Congress members deliberately excluded from GST Council’s GoM, Ashok Gehlot alleges
Rajasthan CM Ashok Gehlot described it as a deliberate attempt “to keep the principal Opposition party, the Congress, that has…
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