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May 27, 2016 7:37 AM
Government has enforced the decision of retirement fund body EPFO to almost double the maximum sum assured under its insurance scheme from 3.6 lakh to 6 lakh rupees. It will benefit around four crore subscribers. Labour Minister Bandaru Dattatreya told reporters in New Delhi, that the notification t...
May 26, 2016 6:28 PM
Capital market regulator, SEBI has notified amended norms barring wilful defaulters from making a public issue of shares, debt securities, or non-convertible redeemable preference shares. But wilful defaulters can be allowed to tap existing shareholders by way of rights issue, private placement, or ...
May 26, 2016 8:11 AM
Government approved the revision in guidelines of the Performance in Credit Rating Scheme, aiming to increase its credibility and effectiveness for both borrowers and banks. Under the revised guidelines, the fee to be paid to the rating agencies shall be based on the turnover of the micro and small ...
May 26, 2016 8:11 AM
RBI Deputy Governor S S Mundra has raised concerns over one-third of ATMs being non-functional and warned the banks of penal action if the compliance levels are not met. Mr Mundra quoted a survey of 4,000 ATMs conducted by a Reserve Bank team recently wherein it has found that almost one-third of th...
May 26, 2016 8:08 AM
Government has enforced the decision of retirement fund body EPFO to almost double the maximum sum assured under its insurance scheme from 3.6 lakh to 6 lakh rupees. It will benefit around four crore subscribers. Labour Minister Bandaru Dattatreya told reporters in New Delhi yesterday, that the noti...
May 26, 2016 7:51 AM
Setting an ambitious agenda for this fiscal, the Securities and Exchange Board of India (SEBI) has announced it will put in place stringent norms for high frequency trades along with higher penalties for misuse, initiate strong action against auditors for lapses and expressed hope that P-Note users ...
May 26, 2016 6:56 AM
Finance Minister Arun Jaitley has expressed optimism that India is likely to register a growth rate of 7.6 per cent during the current financial year despite global challenges. In an interview to Doordarshan News, the minister said decision-making has been quickened and confidence of investors has i...
May 25, 2016 8:56 PM
Setting an ambitious agenda for this fiscal, the Securities and Exchange Board of India (SEBI) today announced it will put in place stringent norms for high frequency trades along with higher penalties for misuse, initiate strong action against auditors for lapses and expressed hope that P-Note user...
May 25, 2016 8:58 AM
President Pranab Mukkerjee says India and China are in very interesting phase of economic cooperation. Speaking at India-China Business Forum at Guangzhou, Mr Pranab Mukherjee invited Chinese investors to invest in India. He said, Digital India, Make in India and libralised foreign exchange regime o...
May 25, 2016 8:28 AM
Regulators' closure of the Swiss BSI bank's Asian outpost for failing in its duty to prevent money-laundering has highlighted the risks of hunting wealthy clients farther afield as Swiss banks' traditional line in hiding money from foreign tax men is choked off. The Swiss ...
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Last Updated: 11th May 2026
