Legal

RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

The Reserve Bank of India on Tuesday issued guidelines for appointment of statutory auditors of banks and non-banking finance companies…

Banks to remain closed for 4 days from March 13. Here’s why

Banks will closed for  4 days from march 13 It is due to a strike to employees of all banks…

New penal provisions in GST effective – CAs and Tax Consultants beware

Proffessionals under GST Scannner for abetment or fraud commited by their client, GST law has clearly defined descriptions of offenses…

Post-Covid economic challenge in 4 charts

Many experts, including the Reserve Bank of India’s Monetary Policy Committee (MPC), believe that the Indian economy is doing relatively…

Walmart begins work on $10 billion Flipkart listing

Walmart Inc. has hired Goldman Sachs to explore an initial share sale of its Flipkart unit in the US to…

GST transactions worth Rs 1 lakh crore being probed

The Directorate General of Analytics and Risk Management (DGARM), which mines Goods and Services Tax (GST) data to expose tax…

Sensex breaches 45,000-mark for the first time as RBI keeps rates unchanged

The benchmark equity indices on the BSE and National Stock Exchange (NSE) scaled new highs during the morning trade on…

Salesforce to buy Slack for $27.7 Billion: All you need to know

Salesforce.com Inc. agreed to buy Slack Technologies Inc. for $27.7 billion in cash and stock, giving the corporate software giant…

Burger King India IPO oversubscribed within hours led by robust retail demand

A sign for Burger King is displayed outside one of the company’s restaurants, operated by Burger King Worldwide Inc. and…

Nike and Coca-Cola lobby against Xinjiang forced labor bill

Nike and Coca-Cola are among the major companies and business groups lobbying Congress to weaken a bill that would ban…

NAA asks P&G to pay Rs 241 crore in penalties for not passing GST rate cut to consumers

In a major happening to the market name of transnational big Procter & Gamble, the GST’s Anti-profiteering body on Th indicted the corporate of profiteering. in line with inputs, P&G has been asked…

PNGRB simplifies gas pipeline tariff to make it more affordable

The Petroleum and Natural Gas Regulatory Board (PNGRB) on Thursday released a unified tariff structure for over a dozen pipelines,…

Operations at PSU banks partially hit due to trade union strike

Banking operations publically sector banks across the country were affected on Thursday as some bank unions joined the one-day nationwide strike known as by central trade…

Rupee opens on flat note against US dollar

The rupee opened on a flat note and was commerce in an exceedingly slim vary against the North American country dollar in gap session on Mon as rising COVID-19 cases offset positive…

F&CC gives nod to transport of legacy waste for Rs 48 lakh

The Finance and Contract Committee on Fri not simply approved transportation of bequest waste from garbage process plant to the merchandising ground, Dadumajra, at Associate in Nursing calculable price of Rs forty eight 100000 however additionally construction of multi-level…

Japan lawmakers declare climate emergency after govt sets zero emissions goal

Japanese lawmakers on Th declared a climate emergency during a symbolic vote aimed toward increasing pressure for action to combat heating once the govt. last month committed to a firm…

Explained: The moratorium on Lakshmi Vilas Bank, and what it means for depositors and the financial sector

After the failures of IL&FS, Punjab & geographic region Cooperative Bank and DHFL, and also the bailout of affirmative Bank, the depository financial institution of Asian country|Bharat|Asian country|Asian nation} call to impose a…

Lakshmi Vilas Bank under moratorium, withdrawal capped at Rs 25,000

India on Tuesday placed private-sector investor Hindu deity Vilas Bank restricted below a moratorium until Gregorian calendar month sixteen and has restricted withdrawals of over Rs 25,000, consistent with a finance ministry statement. The moratorium has been obligatory on the…

Tata Steel stock rallies 7%; hits 52-week high on bourses

Shares of Tata Steel rallied seven per cent in early trade on Tuesday and hit its 52-week high levels on the bourses when the company’s Republic of…

Centre seeks compliance of 26% FDI in digital news within a month

The Information and Broadcasting Ministry has issued a public notice for compliance with a previous announcement in which Centre had…