COVID Impact: Tax Collection falls by 31 per cent in April-June quarter

June 16 : In the current fiscal, Gross Tax Collection fell by 31 per cent till June 15, however advance corporate tax garnered the declining 69 per cent, official... Read more »

BoB, Union Bank announce cut in lending rates

Mumbai, June 10 : Nationalised Banks — Bank of Baroda and Union Bank of India — on Wednesday announced a cut in their marginal cost of funds-based lending rates... Read more »

Indian Economy to grow at 9.5 % next fiscal : Fitch Ratings

Mumbai, June 10 : The Indian Economy which has slowed down during FY 20-21 due to Corovirus pandemic is poised to bounce back with a sharp growth rate of... Read more »

Madhu Kapur family withdraws suit filed against Yes Bank in Bombay High Court

Mumbai, June 10 : The family of Madhu Kapur, widow of late Ashok Kapur, Co-founder of Yes Bank, has withdrawn a suit filed by her and her family in... Read more »

Petrol and Diesel prices rise for the fourth day in succession

New Delhi/Mumbai, June 10 : Petrol and Diesel prices rose by 40 paise and 45 paise respectively on Wednesday,  registering an increase for the fourth day in succession and bringing... Read more »

Life insurance companies record negative growth during COVID outbreak

Mumbai, June 9 : As the spread of Coronavirus crippled the economy, the growth of insurance business in the first two months of this financial year registered a decline... Read more »

Franklin Mutual Fund Investors send legal notice to SEBI

The investors of Franklin Templeton Mutual Fund have sent a notice to SEBI, Mr. Ajay Tyagi, Chairman SEBI, G Mahalingam Whole Time Member, S V Murali Dhar Rao, Executive Director, Madhabi Puri Buch, Whole... Read more »

Indian Economy’s stress test: Pandemic, Cyclone and now a Locust attack

India is battling the worst desert locust outbreak in recent times. As per the Union Agriculture Ministry data, locusts damaged crops worth Rs 10 crore during the 1926-31 plague... Read more »

Atul, Rahul Kirloskar face setback at SEBI RTI Appellate Authority

Sebi refuses to share documents pertaining to insider trading charges against the duo as it could hamper investigation  In yet another setback for Atul and Rahul Kirloskar, the Appellate... Read more »

Breaking: Edelweiss approaches Mumbai HC for recovery from IndiaNivesh

Edelweiss Custodial Services Limited has approached the Mumbai High Court for claiming the outstanding dues by IndiaNivesh Securities Private Limited. The matter will be heard tomorrow. The Mumbai-based brokerage... Read more »