Growth in India's factory activity slowed to a four-month low in February as new orders eased and weighed on output after manufacturers raised prices at the fastest pace in a year, a business survey showed on Wednesday.

It's the worst of times for most leading banks in the country. Already reeling under the pressure of the still-unravelling $2 billion PNB fraud thanks to the fraudulent LoUs, they have now reportedly come under the taxman's scanner, which will further hurt their bottomline.

Tax notices sent to Nirav Modi and Mehul Choksi's lendersThe revenue department has sent notices to banks that have loaned money to companies owned by Nirav Modi and Mehul Choksi, the jewellers responsible for the fraud at Punjab National Bank, seeking to recover tax dues from them, as reported by the Economic Times.  Notices have been sent to banks that loaned money to Choksi controlled Gitanjali Gems seeking Rs 305.12 crore in dues. Notices have also been sent to banks th...

Robo-advisors have taken the investment management industry by storm and their meteoric growth seems unstoppable.

Despite all earlier claims of the government that the Goods and Services Tax (GST) would force taxpayers to be more compliant, the number of returns filed in the first seven months since the launch of GST belies this claim.

As of September 2017, there were 11,469 non-banking financial companies (NBFCs) registered with the Reserve Bank of India.

Last January, an HSBC survey revealed that India attracts more expat entrepreneurs than the rest of Asia Pacific and that they were the third highest paid in the world.

Rs 10.05 lakh crore. That's the collection target that the Central Board of Direct Taxes (CBDT) is gunning for this fiscal.

Taking its probe in the Nirav Modi scam out of the country, the Enforcement Directorate (ED) will soon send judicial requests to over a dozen countries for obtaining information about the overseas businesses and assets of diamantaire Nirav Modi and his uncle Mehul Choksi.