Income Tax rules: 10 ways taxpayers have been affected in the run up to Budget 2019
Budget 2019: Modi government is all set to announce its last budget of the current tenure on February 1 this year and the middle class are expecting a lot of favour from Finance Minister Jaitley this year before More...
Playing catch-up in the digital economy
The increasing diffusion of ICT in developing countries including India and the greater ICT-led convergence across sectors that we are witnessing now follows the emergence of the inter-related digital technology More...
India to retain status as fastest growing major economy in 2019-20: World Bank
Fuelled by policy reforms and rebound in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal year and retain its position as the fastest growing major economy in a world More...
Nothing worked for investors this year — nearly every major asset class is in the red for 2018
Investors had a rough year — Nearly every major asset class is in the red for 2018 2:04 PM ET Fri, 21 Dec 2018 | 01:08 Even in the worst of times for financial markets, there’s usually More...
MA in History, Shaktikanta Das is first non-economist in 28 years to be RBI governor
There are no fixed eligibility criteria for appointment of a person as the RBI governor. According to the RBI Act, appointment of governor is approved by the PMO on the recommendation of the finance minister. Shaktikanta More...
What Edelweiss’ reported stake sale in wealth, AMC business means for stock
Edelweiss Financial Services, one of the fastest growing non-banking financial companies (NBFCs) in the country, is considering part monetization of its stake (around 20-25 percent) in its wealth and asset More...
JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019
JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019 JP Morgan economists said the economy should grow at a slower pace of 1.9 percent from the fourth quarter’s year More...
Rupee Recovers 2% Against Dollar In 2 Days: 10 Things To Know
The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at More...
State Bank of Mauritius’s Indian branch is the third domestic bank to be the victim of a cyber-attack in 2018
On 3 October, SBM Group, the parent company of the State Bank of Mauritius, announced that its Indian operations had suffered a cyber-attack the day before, and that as much as $14 million could have been siphoned More...
Private equity firms are making bigger and bolder investments In India
PE funds are now increasingly investing in buyouts, cutting bigger cheques and snapping up larger stakes in target companies. In August, $1.6 billion worth of PE transactions took place across 50 deals with buyout More...