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Par Panel recommends 2 yrs cooling-off period for Chairperson, Whole Time Members of SEBI

New Delhi, July 23 -- A Parliamentary Panel on Thursday recommended cooling off period of 2 years for Chairperson and wholetime members of Securities and Exchange Board of India (SEBI). It also urged ... Read More


Bill to amend corporate laws is now expected to be taken up in the Winter Session

New Delhi, July 22 -- A bill to amend the Companies Act and Limited Liability Partnership Act is now expected be taken up for consideration and passage in the next session as the Parliamentary Panel l... Read More


SEBI, IFSCA-recognised Category I and II AIFs exempted from PAN requirement

New Delhi, July 22 -- For expeditious onboarding of foreign investors, the Central Board of Direct Taxes has amended the Income Tax rules to exempt various categories of Alternative Investment Funds (... Read More


Punjab & Sind Bank expects relaxation in FCNR(B) norms for banks without foreign branches

New Delhi, July 21 -- Punjab & Sind Bank expects the Reserve Bank of India to grant regulatory relaxations on FCNR(B) deposits to support lenders operating without overseas branches. Meanwhile, th... Read More


PM Modi takes dig at '56-year-old youth' Rahul Gandhi ahead of Monsoon Session

New Delhi, July 20 -- Without taking his name, Prime Minister Narendra Modi on Monday took a jab at Rahul Gandhi with his remark that youths with an average age of 28 years and not 56 years need to be... Read More


Core infrastructure sectors' output, under new series, grows by 5% in June

New Delhi, July 20 -- The first headline number for core infrastructure industries under the new series showed that production growth was 5 per cent in June, Commerce & Industry Ministry reported ... Read More


No proposal at present to scrap LTCG on equity transactions: Finance Ministry

New Delhi, July 20 -- The Finance Ministry has clarified that there is no proposal to scrap the long-term capital gains (LTCG) tax for domestic investors. In a written response in Parliament on Monday... Read More


UP gets over Rs.7,000 cr out of over Rs.44,000 cr released under SASCI

New Delhi, July 20 -- Uttar Pradesh has received over Rs.7,000 crore under the Scheme for Special Assistance to States for Capital Investment (SASCI) during the first three and a half months of the cu... Read More


We try to make people's quality of lives better: TMF's Pras Ganesh

New Delhi, July 20 -- Auto major Toyota is not just making and selling cars but also contributing to making the quality of lives of people better, says Pras Ganesh, Executive Programme Director of Toy... Read More


AIand colour-coded wayfinding solutions to manage crowds at Varanasi

New Delhi, July 20 -- On festival days like Mahashivratri or Makarsankranti, the roads leading to the ghats at Varanasi are impassable. Forget festive days, on any Monday, the historic city that hosts... Read More