Passport details mandatory for loans of Rs 50 crore and above
AMN / NEW DELHI The government has made providing passport details mandatory for taking loans of 50 crore rupees and above to ensure a swift action in case of fraud…
One crore taxpayers registered under GST
AMN Over one crore taxpayers have registered under the Goods and Services Tax (GST), which was rolled out from on 1st of July last year. The GST has subsumed over…
Canada, Mexico will be exempted from US metals tariffs
AMN US President Donald Trump plans to offer Canada and Mexico a temporary exemption from new tariffs on steel and aluminium imports. The Washington Post reported that the proposal, which…
RBI slaps Rs 40 lakh penalty on SBI for flouting fake note norms
AMN The Reserve Bank of India has imposed a monetary penalty of Rs 40 lakh on State Bank of India for non-compliance of its directions on detection and impounding of…
India-China bilateral trade hits historic high of USD 84.44 billion
AMN The India-China bilateral trade has reached 84(point)44 billion US dollar last year, an historic high. A rare novelty of the bilateral trade otherwise dominated by the Chinese exports was…
PNB Probe: SFIO Summons ICICI Bank’s Chanda Kochhar & Axis Bank’s Shikha Sharma
WEB DESK The anti-fraud agency (SFIO) of the Ministry of Corporate Affairs on Tuesday summoned ICICI Bank chief Chanda Kochhar and Axis Bank’s managing director Shikha Sharma in the Punjab…
Swamy calls Gautam Adani ‘biggest NPA trapeze artiste’
WEB DESK BJP MP Subramanian Swamy today created major controversy raising the issue of a bad loan against tycon, industrialist Gautam Adani, calling him the “biggest NPA trapeze artiste in…
Centre sets up committee to study issues in Fintech space
NEW DELHI The government has set up a steering committee to consider various issues relating to the development of Fintech space in India with a view to make Fintech related…
SC asks Unitech to file a detailed affidavit on assets
AMN /New Delhi The Supreme Court today ordered real estate company, Unitech, to file a detailed affidavit with respect to their assets in India and abroad. Its jailed promoter, Sanjay…
Govt to constitute group for changes in SEZ policy
AMN / NEW DELHI The government will constitute a group to suggest necessary changes in the policy for Special Economic Zone (SEZs). The SEZs are export hubs and contribute significantly…