Suresh Prabhu inaugrates FDDI Bihar campus

Suresh Prabhu: Commerce Ministry preparing strategy to address challenges faced by exporters

At the Export Summit 2018, the Union Minister of Commerce & Industry, Suresh Prabhu said that the government is working on a strategy to...
RBI

RBI to release new ₹20 currency note soon

The Reserve Bank of India (RBI) will soon introduce a new ₹20 currency note with additional features, reported PTI citing RBI Databook. The apex...
Singh brothers

Fortis’ Singh brothers to pay ₹3,500 crore to Daiichi, orders Singapore HC

Former Fortis promoters Malvinder Singh and Shivinder Singh, who have been fighting an arbitration award, are liable to pay Daiichi Sankyo ₹3,500-crores after the Singapore High...
GST

GST council announces tax cut on 33 items; Check complete list of new GST...

The GST Council meeting, that was scheduled to be held on December 22 bears good news. Puducherry Chief Minister, V Narayanasamy, said that Goods and...
SEBI

300 brokers to be sent supplementary notice by SEBI in NSEL scam

The capital market regulator, Securities Exchange Board of India (SEBI), has initiated the process of sending supplementary notice to 300 brokers trading in NSEL. The...
il&fs

In a first, Govt. invokes Companies Act sec 130; asks NCLT to reopen books...

The government has asked National Company Law Tribunal (NCLT) to reopen the financial books of IL&FS for the past five years, under section 130 of...

Delhi HC rejects plea against order on LIC’s 51% stake acquisition in IDBI

On Friday, the Delhi High Court rejected a plea against the order of its single judge on the acquisition move of Life Insurance Corporation...

MCA deactivates over 16.7 lakh DINs over non-compliance of KYC

The government has deactivated Director Identification Numbers (DINs) of over 16.7 lakh persons over non-compliance with the KYC requirements. Know Your Customer (KYC) details in...
money

Govt.’s PSB recapitalization plan gets positive response by credit rating agencies

The centre's decision of recapitalization of Public Sector Banks (PSBs) gets positive feedback by some of the credit rating agencies. On December 20, Finance Minister...
NITI Aayog

Government considering to bring average GST rate to 15%; hints NITI Aayog VC

National Institution for Transforming India (NITI) Aayog Vice-Chairman Rajiv Kumar said on Wednesday that the average rate of Goods and Services Tax (GST) will...