Governments bond auction programme in March depends on size of LIC IPO
The government had earlier cancelled two auctions of government bonds scheduled on the 7th and 14th of February as it had sufficient cash.
23 Feb 2022
Transactions at the heart of ABG Shipyard’s Rs 23,000-crore loan fraud
Resolution professional Sundaresh Bhatt presented several documents in the NCLT of fraudulent or preferential transactions undertaken by the promoters of the company.
22 Feb 2022
Healthcare expenses that offer rebate in income tax
Several routine medical expenses are exempt from tax liabilities, one can save a lot of taxes by claiming several healthcare expenses as deductions.
21 Feb 2022
Former NSE chief’s Yogi story a ploy to save North Block bosses under UPA: BJP
The most intriguing findings of the Sebi investigation into the Chitra Ramkrishna episode is the fact that she was sharing internal confidential information of NSE with unknown Himalayan Yogi.
19 Feb 2022
LIC’s embedded value at Rs 5.4 L cr too high: Experts
Analysts say that if the IPO is priced at Rs 1,800-2,250 could make its valuation too expensive.
18 Feb 2022
Demand from capital spending depts prompts revision of fiscal deficit target
“Our revised fiscal deficit estimate largely reflects the capacity expressed by the spending departments,” says a finance ministry official.
08 Feb 2022
States spending key to success of infrastructure plan
Centre hopes states will absorb Rs 1 lakh crore of the Rs 7.5 lakh crore capex allotted in 2022-23, Finance secratary tells TNIE.
05 Feb 2022
Capex allocation rises 35 per cent to Rs 7.5 lakh cr to spur growth
The main focus of this year’s budget, as was expected, has been on infrastructure and the government has tried to allocate enough resources towards that.
02 Feb 2022
Union Budget: Disappointment for taxpayers
The focus of the finance minister seems rather to be strengthening the tax reporting mechanism as far as individual taxation is concerned.
02 Feb 2022
PPF, ELSS funds better tax-saving options
The Income Tax Act of the country allows individual taxpayers to deduct certain ‘expenses’ from their annual income before arriving at the taxable income.
31 Jan 2022
Nifty, Sensex shed more than 3.5% amid weak global cues
Continued FII selling and patchy corporate earnings along with surging Covid cases globally were key factors driving the domestic market.
22 Jan 2022
Fiscal deficit likely to stay at 6 per cent in FY23
Most analysts and economists TNIE talked to say that the economy is still in need of a government spending boost to sustain the growth.
21 Jan 2022
'SC order to help India’s case against Devas'
Govt will present apex court’s order in international arbitration courts, says Finance Minister Nirmala Sitharaman
19 Jan 2022
Cash crisis forced Kotak to refuse IPO financing to BharatPe founder?
Kotak, which had initially kept mum, had to issue a statement on Sunday admitting that they indeed have received such a notice from Grover and that it had been replied.
11 Jan 2022
LIC all set for Q4 listing, officials tell FM Nirmala Sitharaman
The preparatory activities are on track for Life Insurance Corporation’s initial public offer in the current quarter.
08 Jan 2022
More insurers likely to hike premium for term plan as reinsurance cost rises
Various distributors and insurance agencies told TNIE that the hikes in premium range from 10-30% across different insurers and segments.
04 Jan 2022
Indian Railways arm Brathwaite & Co. eyes IPO in 2025
Braithwaite & Co. Ltd, a little-known subsidiary of the Indian Railways, is scripting the story of a stellar turn of fortune.
02 Jan 2022
Supply chain disrupted: Steel industry faces acute shortage of railway rakes
Officials from Tata Steel and Jindal Steel and Power confirmed that the sector was indeed facing a shortage of railway rakes.
31 Dec 2021
Panel proposes changes to fast-track insolvency
The law committee noted that the approval of a resolution plan that has already been approved by the CoC should not be inordinately delayed.
24 Dec 2021
Filing ITR in last minute? Avoid these mistakes!
If you have multiple sources of income, like dividend, capital gains, business income, income from house rent, etc, you have to be careful while choosing the ITR form.
20 Dec 2021
Netflix gets legal notice for remarks against Madhuri Dixit in 'Big Bang Theory' episode
Female shooter kills three children, three adults at Nashville school in US
Israeli PM Netanyahu freezes judicial overhaul; urges protesters 'to behave responsibly'
India asks Nepal not to allow Amritpal Singh to escape; Nepal puts him on surveillance list
Namibian cheetah Sasha dies in MP's Kuno park due to kidney ailment
Atiq, Ashraf brought to Prayagraj amid heavy security, to be produced in MP/MLA court on Tuesday
After acquiring Twitter for USD 44 billion, Musk says platform's worth dropped by half to USD 20 billion