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Regulation

US auto safety regulators fine BMW $10 million as part of $40 million settlement

BMW is paying a $40 million civil settlement for safety lapse by the German automaker. Dec 22, 2015

Highlights of the proposed Insolvency and Bankruptcy Code

Here are the highlights of the bankruptcy code presented in Parliament on Monday. Dec 21, 2015

US Fed hikes interest rates after almost a decade by quarter of a percentage point

It signals faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. Dec 17, 2015

Small car prices may fall significantly once GST becomes effective

Lower taxes will not only benefit small car buyers but also could bring down the prices of luxury cars. Dec 9, 2015

Modi govt's move to unearth black money a joke: Mohandas Pai

"Black money is not waiting in foreign banks for you to go and get information and do...," he said. Dec 9, 2015

Without GST we effectively divide our own country: Mahindra Group chairman

"In a fragile world, India's Brahmastra is its huge domestic market," he said. Dec 9, 2015

GST panel hands in suggestions; moots 17 to 18 percent revenue neutral rate

The revenue-neutral rate is the rate at which there will be no loss to both state and central governments. Dec 4, 2015

IMF supports ECB's new stimulus programme

The ECB on Thursday decided to lower the interest rate on deposit facility by 10 basis points to minus 0.3%. Dec 4, 2015

India in talks with Mauritius on tax treaty issues, says finance ministry official

The information was given by Akhilesh Ranjan, joint secretary in the tax department. Dec 3, 2015

PF amount can now be claimed without employers' consent

The EPFO have received complaints about employers misusing their approval authority to "harass" the employees. Dec 2, 2015

7th pay panel recommendations may only be implemented in mid-2016: Macquarie India

Implementation of the previous pay panel recommendations was delayed by 2.5-3 years. Dec 1, 2015

EU aims to enhance national privacy regulators in new US data pact

The commission is looking for ways to involve European privacy watchdogs more deeply. Nov 29, 2015

HSBC whistleblower Herve Falciani sentenced to 5 years in prison

He may not serve time in a Swiss prison as France does not extradite its own citizens. Nov 27, 2015

Saudi Arabia: Bad PR effort fuels riyal devaluation rumours

Bankers said that capital city Riyadh has the available tools to protect the country as low oil prices push the current account. Nov 27, 2015

India among nations showing highest levels of corporate fraud, says survey

Both China and Russia showed much lower levels of corruption and bribery in corporate scenarios. Nov 26, 2015
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