Government has removed Debenture Redemption Reserve(DRR) requirement for listed companies,Non banking financial companies (NBFCs) and Housing finance companies(HFCs). At present,these companies have to set up a DRR to the tune …
Read MoreThe Reserve Bank of India(RBI) is considering asking banks to link loans to an external benchmark such as the repo rate to improve transmission of policy rates and foster economic …
Read MoreThe global economy continues to be hit as one big economy after another falters on economic growth.This increases the likelihood of a global recession in the coming future. As talk …
Read MorePublic sector banks(PSBs) has held a consultative process with their branch heads across the country to identify the issues and challenges faced by branches. This exercise was undertaken as part …
Read MoreThe Economic Advisory Council to the Prime Minister(EAC-PM) has recommended a GST Council-like mechanism for the Centre and states to oversee public expenditure. EAC has said that fiscal consolidation issue …
Read MoreThe Ministry of Corporate Affairs has amended the provisions relating to Differential Voting Rights(DVRs) under the Companies Act. This objective of amendment is to enable promoters of Indian companies to …
Read MoreAccording to the latest RBI data,India’s foreign exchange reserves has reached a new high at USD 430 billion due to rise in foreign currency assets. Foreign exchange reserves are assets …
Read MoreUnion Finance Minister has held a meeting with the tax officials.The meeting was aimed to interact with tax officials and taxpayers. Addressing the meeting,she called for inculcating technology-driven approach in …
Read MoreRecently,the Mumbai Customs department has stopped clearing parcels under the gifts and samples route. According to the Foreign Trade Act,gift items of a value of up to ₹5,000 received from …
Read MoreAll India Plastics Manufacturers’ Association(AIPMA) has said that plastics industry is under severe stress due to environmental challenges. They have asked the government for export promotion schemes for Micro,Small, Medium …
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