RBI relaxes norms for White Label ATMS (WTAs).

The Reserve Bank of India relaxes the business guidelines for white label ATMs allowing them to redirect wholesale cash from the central bank. Automated Teller Machines (ATMs) set up,... Read more »

Jan Dhan Accounts: Total deposits to reach the 1 lakh cr mark.

Prime Minister Narendra Modi’s financial inclusion programme will be worth Rs one lakh crore very soon. Pradhan Mantri Jan Dhan Yojana, which was launched in August 2015 by Modi... Read more »

The Future of Investing is Female, says S&P Global

While it’s been around for more than 40 years, the rallying cry “The Future Is Female” is breathing new life into  gender-equality movements around the world, as women gain... Read more »

Reliance Capital to reduce debt, monetise stakes

Reliance Capital Limited, a part of Reliance Group, today announced its overall strategy to reduce its debt by approx. Rs. 10,000 – 12,000 crore in the next 3-4 months.... Read more »

Nomura sees GDP growth target below 7% in 2019-20

The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report... Read more »

Government bans import of solid plastic waste

In a landmark move, the Indian government has banned import of solid plastic waste into the country including in Special Economic Zones (SEZ) and by Export Oriented Units (EOU),... Read more »

CBDT notifies relaxed norms for startups.

Start-ups can now seek angel tax exemptions for investments up to Rs 25 crores, according to the modified norms of the income tax (I-T) department. The modified norms look... Read more »

The top 20 richest Indians according to Forbes.

Mukesh Ambani Mukesh Ambani chairs and runs $60 billion (revenue) oil and gas giant Reliance Industries, among India’s most valuable companies. Reliance was founded by his late father Dhirubhai... Read more »

The richest people in the world according to Forbes.

Jeff Bezos Jeff Bezos founded e-commerce manmoth Amazon in 1994 from his garage in Seattle. He remains CEO and owns a 16% stake. His real time net worth is $139.6B.... Read more »

Government likely to lower corporate tax in wake of GST collection rise

The government has agreed to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said... Read more »