Regulation

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

Banks asked to obtain PAN or Form 60 of all bank accounts

The information has to be provided to the ministry by February 28, and BSBDAs are exempted from the order.

Jan 9, 2017

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money.

Jan 8, 2017

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Niti Aayog has constituted a committee to identify and operationalise user-friendly digital payment options across the sectors.

Jan 8, 2017

India budget security, india budget 2017

Budget 2017: The halwa ceremony and the secrecy shrouding India's annual financial statement

Apart from economic priorities, India's finance minister has to deftly cope with political pressures and conflicting demands while outlining the Budget.

Dec 28, 2016

Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates.

Dec 23, 2016

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

As per this key member of the US Federal Reserve, more hikes would be required to contain any spike in inflation.

Dec 17, 2016

Telecom towers 4g servces reliance airtel competition reliance jio iartel tata telecom india 3g

Budget 2017: Telecom firms to seek relaxation in special audits

In a pre-budget consultative meeting, telcos would also seek clarity on spectrum service tax, which has been imposed effective from 2016-17.

Dec 14, 2016

Forbes List of Most Powerful Women in the World

IMF chief Christine Lagarde on trial in France over tycoon case

Lagarde is under fire for failing to challenge a payout award in favour of business tycoon Bernard Tapie during her tenure as French finance minister.

Dec 10, 2016

Donald Trump, Berlin attacks, Russian envoy, Turkey

Won't allow H-1B visa workers to replace Americans: Donald Trump

Any regulatory change in regard to H-1B visa will negatively impact Indian IT companies the most.

Dec 10, 2016

tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Stock exchanges seek secretarial audit of Tata Group firms

Both BSE and NSE have written to some Tata Group firms for this kind of audit to check regulatory compliance.

Dec 9, 2016

Sun Pharma shares slide over USFDA observations on Halol unit

An observation letter is usually issued to a drug manufacturing unit in case of violations of existing US norms.

Dec 7, 2016

Russia: The blood of our soldiers is on USA, Britain and France

The Russian Ministry of Defence has strongly condemned a deadly attack on a Russian mobile hospital in Aleppo, blaming the USA, the UK and France. On 5 December a Russian mobile hospital was hit by mortar fire, killing a female Russian medical worker and injuring other workers and civilians. In the video statement a ministry spokesman blames the attack on insurgents of the opposition, not al-Nusra militants encircled by the Syrian army in eastern Aleppo.

Dec 6, 2016

Keep calm and negotiate: EU chief Brexit negotiator Michel Barnier unveils timetable

The EUs chief Brexit negotiator Michel Barnier has said that his team are ready to start negotiations with the UK when Article 50 is triggered. The French politician wants a orderly withdrawal and has so far visited 18 of the 28 EU nations ahead of the talks. He said he expected formal negotiations to last less than 18 months.

Dec 6, 2016

Deloitte fined record $8 million by US auditing watchdog

The global auditing firm's Brazilian arm manipulated auditing documents and gave false testimony to thwart investigation.

Dec 6, 2016

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Regulation

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

Banks asked to obtain PAN or Form 60 of all bank accounts

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Budget 2017: The halwa ceremony and the secrecy shrouding India's annual financial statement

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

Budget 2017: Telecom firms to seek relaxation in special audits

IMF chief Christine Lagarde on trial in France over tycoon case

Won't allow H-1B visa workers to replace Americans: Donald Trump

Stock exchanges seek secretarial audit of Tata Group firms

Sun Pharma shares slide over USFDA observations on Halol unit

Russia: The blood of our soldiers is on USA, Britain and France

Keep calm and negotiate: EU chief Brexit negotiator Michel Barnier unveils timetable

Deloitte fined record $8 million by US auditing watchdog

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]