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BusinessToday.In
September 4, 2018
Rupee's near-continuous slide against the dollar has been unrelenting.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
August 10, 2018
Finance Minister Piyush Goyal on Thursday said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises.


Virendrasingh Ghunawat
Mumbai, July 6, 2018
It's not only the diamantaires Nirav Modi and Mehul Choksi who conspired and cheated the Punjab National Bank (PNB) of Rs 13,600 crore loan amount. Mumbai's leading hawala operator Mohammad Farooq was also not far behind, a charge sheet filed by the Enforcement Directorate has revealed.


BusinessToday.In
June 30, 2018
The GST Department has noticed that many of the suspected firms recorded large raw material purchases but little sales -  a situation that suggests under valuation or selling products at lower prices with most transactions in cash.


BusinessToday.In
New Delhi, June 29, 2018
As per the criteria set by the company, the buyer has to make a minimum investment of Rs 1,500 crore in FHL by way of preferential allotment.


BusinessToday.In
June 28, 2018
Evergreening is a practice whereby banks extend even more loans to debt-laden companies to help them repay previous loans and hopefully earn enough revenue along the way to get out of trouble.


Rajeev Dubey
New Delhi, August 14, 2018
Announced in the Budget 2018, the Ayushman Bharat National Health Protection Mission was touted as the 'world's largest government funded health care programme'.


BusinessToday.In
June 8, 2018
Fortis Healthcare's due diligence by suitors has reportedly unearthed unpaid vendors' bills of Rs 450 crore and a penalty on its subsidiary Fortis Escorts Heart Institute that's to the tune of Rs 503 crore.


Joe C Mathew
New Delhi, May 30, 2018
The private Bills, submitted by Parliamentarians Raju Shetti and K K Ragesh in the Lok Sabha and Rajya Sabha respectively, have the support of 21 political parties


BusinessToday.In
May 22, 2018
Misuse of input tax credit is a serious concern for tax authorities as it seems to have created a hole in the system that the enforcement agencies are struggling to fix.


Anilesh S Mahajan
New Delhi, May 9, 2018
In the last two months, India has already started reworking trade policy to fit it into the new trade order. But the current set of sanctions have only increased the headache of the diplomats in New Delhi.


BusinessToday.In
New Delhi, April 26, 2018
If the government has its way, you can look forward to filing extra paperwork for your domestic help, driver, ayah, et al in the near future.


E Kumar Sharma
New Delhi, April 25, 2018
Back in late 90s, when Madhapur was little more than a rocky suburb of Hyderabad, Naidu, as the chief minister of the then united Andhra Pradesh, transformed it into an IT hub.


E Kumar Sharma
New Delhi, April 11, 2018
Andhra Pradesh chief minister Nara Chandrababu Naidu spoke to Business Today on the challenges before the state on building the new capital, mobilizing funds and raising revenue at a time when there are no visible options available.


BusinessToday.in
New Delhi, April 11, 2018
Mark Zuckerberg testifies before US Congress, says working to fix FacebookUnder fire for the worst privacy debacle in his company's history, Facebook CEO Mark Zuckerberg batted away often-aggressive questioning on Tuesday from lawmakers who accused him of failing to protect the personal information of millions of Americans from Russians intent on upsetting the US election. During some five hours of Senate questioning, Zuckerberg apologized several times for Facebook failures. \"We...


BusinessToday.In
March 29, 2018
The country's biggest banking scam has just expanded further. Karnataka Bank today reported a fraud totalling Rs 86.47 crore in loans extended to Mehul Choksi-promoted Gitanjali Gems. Choksi and his nephew Nirav Modi are the key accused in the Rs 13,600 crore Punjab National Bank scam.


Aseem Thapliyal
March 27, 2018
Since the Modi government decided to cut borrowings for H1 of FY 19, Indian bonds value saw the sharpest rise in over four years on Tuesday. The rise in value of govt bonds signals an increase in credibility of the government's fiscal situation since it hopes to meet its expenditure by taking lesser loans.


PTI
March 27, 2018



BusinessToday.in
New Delhi, March 20, 2018
Three directors of Mumbai-based firm arrested over Rs 4,000 crore alleged bank fraudActing on an Axis Bank's complaint, the Economic Offences Wing of Mumbai police on Friday arrested three directors of a private firm - Parekh Alluminex Ltd or PAL - for allegedly defrauding banks of Rs 4,000 crore. Axis Bank is one of the 20 creditors who lent close to Rs 4,000 crore to PAL. Axis Bank's exposure to the entire loan was Rs 250 crore for which the bank had filed a complaint with Mumba...


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