Industry

SC offers relief to ex-PNB MD: 'Freezing of her assets by govt is without jurisdiction'

The ministry had moved the tribunal under various provisions of the Companies Act, 2013, which pertain to freezing of assets of a company on inquiry and investigation and also relate to imposition of restrictions upon securities.

Economy

Big Cabinet decisions: Fasal Bima scheme made pragmatic, Rs 1.41 lakh crore envisaged for Swachh Bharat Mission-2

As there is no upper limit on the premium, it has skyrocketed in many areas – premiums for crops exceeded 30% in as many as 53 districts in Kharif 2018 – the scheme has put a heavy onus on the Central exchequer. News
Markets

Religare insurance arm's stock jumps 43% in unlisted shares market on Kedaara Capital buy

The method used for the stake sale would be preferential allotment and private placement of shares. News
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Markets

As provisions swell, RBL Bank stock loses over half its value since May 2019

Analysts at JP Morgan indicated in a note that RBL has a fairly large 'BBB' book of 24% which could be at a risk of downgrade given the current macros. News
Markets

Analyst Corner: Lemon Tree- Maintain 'Buy' with a fair value of Rs 70

Strong revenue performance was offset by 200 bps drop in occupancy on the back of commissioning of 1,622 rooms during the past 12 months. News
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Analyst Corner: Godrej Properties - Retain 'Sell' with a TP of Rs 772

Three banks approach RBI to exit PCA; IDBI Bank has best chance

Cotton exports to China: Apex trade body says coronavirus impact waning, others still see panic in market

Indian sugar millers target ‘golden opportunity’ in Indonesia

Drones not trucks to carry cargo to ships? Civil aviation ministry may open up skies for faster transportation

Telecom crisis: Bharti Airtel boss Sunil Mittal has a suggestion for Modi govt

Big GST fraud unearthed in Delhi! Fake invoices worth Rs 214 crore detected

India's third coronavirus patient tests negative; decision on discharge on Thursday

Markets

Money

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National Pension System tax benefit: Do you know cut-off dates for NPS contribution?

income tax, tax-saving investments, National Pension System, NPS, insurance, PPF, cut-off date for NPS contribution, NPS fund manager, Point of Presence, POP, NPS architecture, NPS tax receipt, 80C, 80CCD(1B) News

Mutual fund misselling: Here is how SEBI curbs the menace

mutual fund, MF, market risk, financial goals, misselling of mutual funds, investment objectives, AMCs, individual advisors, mutual fund distributors, upfront commission, trail commission News

Post Office Monthly Income Scheme: A smart way to get guaranteed monthly income

Post office saving scheme, post office monthly income scheme, PO small savings schemes, post office small saving interest rates, banks, fixed deposit interest rate, PO small savings rate, investment option for savers News

How to maintain your finances in case of a lay-off

financial planning, cognizant layoff 2019, infosys laypff 2019, bsnl layoff, infosys layoff news, cognizant layoff news 2019, zomato layoff, HSBC layoff, job layoff, how to handle a layoff, job security News

Health Insurance: Turning a blind eye towards C-word? Better be prepared for it

Cancer insurance, health insurance, Critical Illness cover, lifestyle changes, sum insured, Co-payment News

New Income Tax Regime: 30% deduction on additional employee cost allowed for certain assessees

new tax regime deductions News

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