The amendments to Insolvency and Bankruptcy Code (IBC) 2016, allowing home buyers to be treated as financial creditors and seeking to set up a special dispensation for small sector enterprises, was passed by Parliament on Friday. The bill, which was…
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The Indian parliament’s lower house, Lok Sabha, on Thursday passed a bill that proposes to amend the Representation of the People Act, 1951 to enable the overseas electors to appoint proxies to cast their votes in the elections to Lok…
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Australia is working towards a big implementation of the India economic strategy, but the process would be more in the nature of a “slow burn” rather than a big splash. Releasing the strategy report, Australian high commissioner, Harinder Sidhu countered recent reports in the…
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Within a day of RBI hiking the key lending rate, banks have started raising interest rates which will increase EMIs for auto, home and business loans. Some big lenders including SBI, ICICI Bank and HDFC Bank had increased their Marginal…
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The mouse that had quietly entered the Mumbai bull-ring more than two decades ago has taken about a quarter of a century to put the paper scrip finally out of business. About 2.3 per cent of India’s $2-trillionplus market capitalisation…
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India continued to be the world’s top recipient of remittance from its diaspora, gathering $69 billion in 2017 – nearly 1.5 times India’s defence budget for 2018-19 – an increase of 9.5 percent from the previous year, according to World…
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MUMBAI: The rupee’s slide against the dollar could persuade non-resident Indian (NRI) investors to send more money home as foreign portfolio investors exit. Inward remittances are set to rise, especially from the Middle East, the US and Southeast Asian countries…
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They did it in 1998 and again in 2013. Non resident Indians could do it now yet again though the crisis is not full blown as in 2013, with Forex reserves standing at comfortable US $410 billion level constituting 10…
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Indian feudatory states stamps are hot with active markets in the United States
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Prime Minister Narendra Modi on Wednesday announced a 30-day free visa for Indonesian citizens
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