Finance

Government has taken several initiatives to enhance collaboration between small business and e-commerce platforms. Some of the initiatives in this context are as follows: Central Board of Indirect Tax...

In the past 4 years, UnlistedKart has been at the forefront of the unlisted stock space, achieving a collective top line of 250-plus crores and clocking an impressive IRR of 40 per cent on their recom...

The Government has taken a number of initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic, inclu...

More than 4,000 cases admitted for corporate insolvency resolution process (CIRP) since FY 2016 and out of these 359 cases resolved with realisable value of more than Rs 2 lakh crore for creditors. As...

GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 2864 ANSWERED ON: 21.03.2022 Mechanism for Trading of Cryptocurrencies T.R.V.S. Ramesh Kotagiri Sridhar Sanjay(Kaka) Ramchandra...

84.61% of total defrauded funds attached/seized under Prevention of Money Laundering Act, 2002 (PMLA) and Fugitive Economic Offenders Act, 2018 (FEOA) and Consortium of banks realizes Rs. 7,975.27 cro...

As informed by the National Credit Guarantee Trustee Company Limited, the agency which operates the Emergency Credit Line Guarantee Scheme (ECLGS), as on 11.3.2022, a total of 117.87 lakh businesses h...

The Transaction Advisor appointed for the privatisation of BPCL had informed that multiple Expressions of Interest (EoIs) had been received for privatisation of BPCL, and the transaction is in second...

IBBI admits 1,060 cases into corporate insolvency resolution (CIRP) process in around 2 years As per the information provided by Insolvency and Bankruptcy Board of India, in the years 2020-21 and 2021...

Credit Guarantee Scheme for Subordinate Debt (CGSSD) extended upto 31.03.2023 Government announced creation of ‘Distressed Assets Fund- – Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under...

Testing of Gold jewellery up to 4 articles to cost Rs 200, for 5 or more articles, the cost is Rs 45 per article After successful implementation of Mandatory Hallmarking wherein 3 lakh gold articles a...

President’s Awards 2021 & 2022 Investiture Ceremony The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman was the Chief Guest at the Investiture Ceremony for the conferment of the...

Government reopens application window for PLI Scheme for White Goods (ACs and LED Lights) from 10th March to 25th April 2022 to give second chance to prospective investors to take benefits of the Sche...

Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages the potential of youth, their technological skills and entrepreneurial spirit. “In the 75th year of o...

Invitation for public comments on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’ The International Financial Services Centres Auth...

Customers advised to contact servicing branch for cover on shipments to Russia Export Credit Guarantee Corporation of India (ECGC) has clarified that the coverage on export transactions to Russia has...

Finance Minister Nirmala Sitharaman chairs post-Budget meeting with heads of Banks, NBFCs and Financial Institutions. Finance Minister exhorts all banks to sign up to Account Aggregator Framework, say...

Mr. Parikshit D Kandpal, CFA, HDFC Securities. Debate around the new real estate upcycle continues to cloud the market’s collective wisdom. Upcycles are driven by rising income levels, narrowing of th...

INDIA’S FOREIGN TRADE: January 2022 India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent o...

states TeamLease RegTech and ORF Report TeamLease RegTech in association with Observer Research Foundations launches ‘Jailed for Doing Business’ Report ~ ♦ A new monograph by the Observer Research Fou...