SEBI to tighten KYC, transfer norms for P-Notes<br/>

Acting upon recommendations of the Special Investigation Team on black money, market watchdog Securities and Exchange Board of India - Sebi plans to tighten due diligence requirements for issuance and transfer of controversy-ridden P-Notes and put the onus on investors to ensure compliance with anti...

RBI issues norms for prior approval of branch offices by foreign entities in India

The Reserve Bank of India has said that entities from Pakistan, China, Bangladesh and four other regions including Sri Lanka, Afghanistan, Iran and Hong Kong or Macau will require its prior approval to establish branch office or project office in India.RBI has released new guidelines for foreign ent...

RBI issues norms for prior approval of branch offices by foreign entities in India

The Reserve Bank of India has said that entities from Pakistan, China, Bangladesh and four other regions including Sri Lanka, Afghanistan, Iran and Hong Kong or Macau will require its prior approval to establish branch office or project office in India.RBI has released new guidelines for foreign ent...

RBI issues norms for branch offices by foreign entities

The Reserve Bank of India has said that entities from Pakistan, China, Bangladesh and four other regions including Sri Lanka, Afghanistan, Iran and Hong Kong or Macau will require its prior approval to establish branch office or project office in India.RBI has released new guidelines for foreign ent...

Retail inflation jumps to 5.39% in Apr on high food prices

Retail inflation climbed to 5.39 per cent in April this year, on the back of higher food prices. Inflation based on the consumer price index had stood at a six-month low of 4.83 percent in March this year, and at 4.87 percent in April last year. According to data released by the Ministry of Statisti...

Industrial output growth down to 0.1% in March

Growth in the country&apos;s industrial production slowed to 0.1 per cent in March this year, due to poor performance of the manufacturing and mining sectors, and a sharp fall in capital goods output. Factory output measured in terms of the Index of Industrial Production, IIP, had expanded 2.5 p...

Panama commits to automatic exchange of tax data with other countries

Panama, has committed to the internationally accepted norm of automatic sharing of financial and tax data with other countries, the Organisation for Economic Cooperation and Development (OECD) said .The Paris based organisation in a statement said Bahrain, Lebanon, Nauru and Vanuatu are also signing...

Panama commits to automatic exchange of tax data for with other rcountries

Panama, has committed to the internationally accepted norm of automatic sharing of financial and tax data with other countries, the Organisation for Economic Cooperation and Development (OECD) said .The Paris based organisation in a statement said Bahrain, Lebanon, Nauru and Vanuatu are also signing...

Panama commits to automatic exchange of tax data for with other rcountries

Panama, has committed to the internationally accepted norm of automatic sharing of financial and tax data with other countries, the Organisation for Economic Cooperation and Development (OECD) said today.The Paris based organisation in a statement said Bahrain, Lebanon, Nauru and Vanuatu are also si...

RBI to make list of wilful defaulters public, says Raghuram Rajan