Financial Insights That Matter Transferring money from India to a foreign account can be cumbersome. Additionally, if the payment exceeds ₹7 lakh, tax collected at source (TCS) would be deducted, which could be claimed later. Ram felt that the whole process was too complicated for his retired parents to handle. Fortunately, a solution came from […]
Financial Insights That Matter This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. India’s stock markets started yet another week in deep red, as quarterly results of big companies provided little cheer. […]
Financial Insights That Matter MUMBAI: RBI has taken decisive action against Aviom India Housing Finance, superseding its board of directors due to governance concerns and defaults in meeting payment obligations. The move follows a recommendation by National Housing Bank. Ram Kumar, former chief GM of Punjab National Bank, has been appointed as the administrator. RBI […]
Financial Insights That Matter Newsvoir Pune (Maharashtra) [India]January 28: Gold has always been a cornerstone of Indian culture, symbolising prosperity and financial security. Whether for weddings or investments, this precious metal holds a significant place in every Indian household. However, daily fluctuations in gold prices often raise questions among consumers. Understanding the factors behind these […]
Financial Insights That Matter Outlook BusinessStagnant Finance for Sustainable Agriculture in India Calls for Source Diversification: ReportThe finance for sustainable agriculture remains heavily skewed, with 67% coming from private sources and 33% from public sources,….3 hours ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, […]
Financial Insights That Matter India’s agriculture sector faces a multifaceted “Grand Challenge:” Ensuring food security for a growing population, supporting rural livelihoods, and managing the adverse impacts of climate change, all while contending with limited resources, financial constraints, and the need to reduce greenhouse gas emissions. Addressing these challenges necessitates a transition toward sustainable agriculture. […]
Financial Insights That Matter NEW DELHI (Reuters) – India’s finance ministry has invited applications for the new chief of the country’s markets regulator, the Securities and Exchange Board of India, a newspaper advertisement showed on Monday. (Reporting by YP Rajesh; Writing by Sakshi Dayal; Editing by Christopher Cushing) Boost Your Financial Knowledge and Achieve Stability […]
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Financial Insights That Matter The statement further noted: “The Reserve Bank intends to shortly initiate the process of resolution of the company under the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019, and would also apply to the NCLT, New Delhi, for appointing the Administrator […]
Financial Insights That Matter India’s Union Budget 2025: The Union Budget is a key financial document for the government’s finances, comprising an estimated amount of income and spending for the following fiscal year. As the country anticipates the upcoming Union Budget for FY 2025, the search ‘budget 2025 date’ is now trending on Google Search […]