There is a lengthy 12-year waiting period for Indians applying for permanent residency also known as Green Card in the US as skilled employees, according
Day: July 11, 2017
Initiative for merger should come from banks: Former RBI Governor C Rangarajan–Economic Times–11.07.2017
Former RBI Governor C Rangarajan today said bank merger should be need-based and the initiative should come from the lenders themselves. “Initiative for merger should
Nearly 67 crore bank accounts seeded with Aadhaar: Ravi Shankar Prasad–Economic Times–11.07.2017
As many as 67 crore of the 110 crore bank accounts in the country are now linked with Aadhaar, the 12-digit unique identification number, IT
Kalyan Krishnamurthy: Flipkart outsells Amazon in all categories, except grocery–Economic Times–11.07.2017
Flipkart‘s CEO Kalyan Krishnamurthy is confident the next 50-100 million Indian customers who will come on board the online retail market will be driven by
I-T fast-tracks disposal of high value litigations – The Economic Times–11.07.2017
With Rs 7.3 lakh crore locked in litigations, the tax department has set December 31 as the deadline for deciding all appeals involving demands of
IndusInd Bank Q1 net profit jumps 27% to Rs 836.5 crore–Economic Times–11.07.2017
IndusInd BankBSE -0.04 % on Tuesday reported nearly 27 per cent rise in YoY net profit at Rs 836.5 crore for the June quarter, which
Arun Jaitley launches ‘Aaykar Setu’ to enhance e-access of taxpayers–Economic Times–11.07.2017
The Income Tax Department has launched an online facility that will enable payment of taxes, tracking of tax deducted at source and filing of applications
DHFL General Insurance appoints Vijay Sinha as MD–Financial Express–11.07.2017
Prior to it, Sinha has worked at organisations like Life Insurance Corporation of India, Tata AIA Life Insurance Company and Bajaj Allianz Life Insurance Company.
GST impact on infrastructure: It will cut multiple taxes but will affect cost of construction–Financial Express–11.07.2017
The new tax reform will pose several challenges for the infrastructure sector such as treating of works contracts as service contracts, the imposition of new
Credit card fraud: Why RBI has done well to put onus on bank customers–Financial Express–11.07.2017
Besides the complexity of online transactions vis-a-vis cash, one of the hurdles for online payments has been concerns over security.The rising number of hack attempts
GST impact: How Maharashtra, Tamil Nadu trying to vitiate spirit of new regime–Financial Express–11.07.2017
The government showed how GST invoices could be generated manually, a GST app was readied and a series of software providers like Tally advertised services
GST will reduce inflation by one to two per cent by year end, says Revenue Secretary Hasmukh Adhia–Business Standard–11.07.2017
The Goods and Services Tax (GST) will help bring down the inflation by one to two per cent by the end of this year, Revenue
Everything you should know about credit card fraud and how to stay safe–Business Standard–11.07.2017
MasterCard credit cards are seen in this illustrative photograph. Photo: Reuters If you are the owner of a credit or a debit card, there is
New bankruptcy law: Multiple delays in first case offers cautionary tale–Business Standard–11.07.2017
In January, Innoventive Industries, a speciality steelmaker based in western India, was forced into the bankruptcy court by its lenders, testing for the first time
Supreme Court suspends ban on cattle trade for slaughter–Business Line–11.07.2017
Madras HC order staying slaughter ban to cover entire country: Apex court The Supreme Court on Tuesday suspended a government order that had banned the
First test of new bankruptcy law offers cautionary tale–Business Line–11.07.2017
The new Insolvency and Bankruptcy Code aims to move cases of company failure into a single forum In January, Innoventive Industries, a speciality steelmaker based
Govt to push Banking Regulation Bill in monsoon session | Business Line–11.07.2017
The Finance Ministry is gearing up to introduce a host of Bills, including the Banking Regulation (Amendment) Bill, repeal of the State Bank of India
AADHAAR: All banks to facilitate Aadhaar enrolment, update facility – The Economic Times–11.07.2017
All banks, including private sector lenders, will have to provide Aadhaar enrolment and update facility to their customers who have been asked by the government
Policymakers must see success and failure as two sides of the same coin–Economic Times–11.07.2017
By Sanjaya Baru There is now a widely held view that for some time now, the ‘animal spirits’ of Indian enterprise have remained subdued. The unwillingness
A loss difficult to digest–Economic Times–11.07.2017
By Asitava Sen Global agriculture is facing new challenges, in terms of climate change, unstable food prices and labour shortage, amid conflicting demand for arable land