India’s cash-starved government has decided to capitalize public sector banks (PSBs) only if the lenders meet certain strict criteria. The finance ministry wants these banks to come with a five-year road map keeping in mind their capital
Global rating agency Moodys Investors Service on Wednesday downgraded the outlook on Indias Rs64 trillion banking sector to negative from stable, saying a slowing domestic economy and chaos in global markets could lead to more bad lo
In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and
In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and
CENTRAL BOARD EXCISE & CUSTOMS (CBEC) My dear brothers and sisters in the department, At the outset, let me express my greetings and best wishes to each one of you and to your family for success in all walks of life. I feel it a privilege
The UPA government, shrugging aside corruption scandals and political criticism that has paralysed parliament for the better part of this year, has lined up a slew of financial sector legislations which it expects to be passed in the forthcoming
Each era introduces new challenges to the humanity and society. Domain experts and Professionals with their skills and knowledge have become the champions of the key socio-economic transformations in today’s world.
In order to govern the conduct of Chartered Accountancy Students during the period of practical training and also that of the students pursuing Professional Competence Course (PCC) / Integrated Professional Competence Course (IPCC), prior to regis
The Securities and Exchange Board of India (SEBI) will enforce a new set of norms to address concerns of "conflict of interests" among firms, investment advisers, portfolio managers and other market intermediaries. The new norms will
In the week ahead of the just-concluded meetings of the Group of Twenty (G-20) nations at Cannes, two events unfolded. First, Japan intervened in the currency market to shore up the yen, taking financial markets by surprise. Second, even more unex
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