Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
In his spell of 13.2 overs, he took 5/15 with an economy rate of 1.10, the lowest by a Kiwi bowler in a Test fifer. He got crucial wickets of Sarfaraz Khan, Rishabh Pant, Ravindra Jadeja, Ravichandran Ashwin and Kuldeep Yadav.
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
Mumbai (Maharashtra) [India], October 17: NeoSOFT, a global leader in IT consulting and digital transformation, is proud to announce its participation in GITEX Global, taking place from October 14-16 at the Dubai World Trade Centre. At the forefront of innovation, NeoSOFT is showcasing an ar
New Delhi [India], October 17: Signature Global (India) Ltd., among India's leading real estate developers, has unveiled attractive Diwali offers tailored for customers. The festive benefits range from reduced booking amounts to exclusive rewards like luxury watches, complimentary club membe
While some progress has been achieved in reducing greenhouse gas (GHG) emissions, India's rapidly growing economy and expanding population are driving up energy demand, creating significant challenges for its carbon transition efforts.
New Delhi [India], October 17: The traditional savings account is undergoing significant transformation almost every day. Driven by technological advancements, changing consumer expectations, and regulatory shifts, the future of savings accounts looks very different from a decade ago. For ma
Experts say the surge in gold prices came amid a confluence of factors, including major central banks' dovish outlooks, slightly lower bond yields, and heightened geopolitical tensions.
Aam Aadmi Party is unlikely to contest Jharkhand and Maharashtra assembly polls as the party wants to focus on Delhi elections rather than creating confusion in the minds of voters in two states that could lead to splitting anti-BJP votes.
Canadian journalist Daniel Bordman called Prime Minister Justin Trudeau's recent statement acknowledging that the evidence is intelligence-based rather than concrete on the Khalistan issue as a major win for the Indian narrative.
England star Joe Root is cemeting his status as one of the greatest players as he achieved new career-high rating in the latest ICC Men's Test Batter Rankings.