Wednesday, July 15, 2020

Finance

RBI’S Additional Measures Provide Major to Developers

In a major move to boost liquidity in the market, the RBI today announced several additional measures to accelerate the economy and facilitate bank credit flows in Lockdown 2.0. Among the various measures announced, commendably its allotment of INR...

INDIAN BANKING INDUSTRY : Is it really vulnerable to frauds?

INDIAN BANKING INDUSTRY Is it really vulnerable to frauds? - I f   s o,   w h a t   m a k e s   t h e   i n d u s t r y   s o   v u l n e...

Apart from 80 C,10 top salary deductions that can save tax – Have a look.

The time comes that most salaried people discuss how to reduce tax liabilities from his ITR  most person’s usually focused on availing the Section 80C ,deductions. They overlook many other tax benefits eligibility. Have a look………………….. 1.Rent paid in case...

Budget 2018 Expectation From FM

      Income tax slabs for FY2018-19 may be changed by FM Arun Jaitley to give relief to common man        Income tax exemption on medical reimbursement for retired employees.        For income tax returns...

State-run banks seek immunity from CBI, CVC

Public sector banks have sought protection from unnecessary oversight from agencies such as the Central Bureau of Investigation and the Central Vigilance Commission on decisions related to loans that are taken collectively. According to reports, the issue has been...

A book to guide you ‘how to unlock the power of your credit score’

Unlock the Power of Your Credit Score, a book co-authored by seasoned retail bankers – Arun Ramamurthy, Gaurav Wadhwani and Aman Kapoor to simplify the various facets of Credit and Cibil Scores to help laymen was released by Sriram...

India scores low in physical banking infrastructure: Report

A new report has revealed that India ranks behind other developing economies when it comes to physical banking infrastructure. The report, released by Deloitte India and Confederation of Indian Industries (CII), said that India has only 12 bank branches and...

Consultancies cos helping domestic banks in detecting NPAs

In a move to reduce NPAs (Nonperforming assets) domestic banks in the country are seeking the help of consultancies like KPMG, EY, Deloitte and PwC to determine early signs of stress in loans. Mukul Shrivastava, partner fraud investigation and dispute...

Indirect tax collection shows buoyancy

Showing a positive growth momentum, indirect tax collection has gone up by 37 per cent during the first four months of this financial year. Addressing reporters, the Chief Economic Advisor Arvind Subramanian said that “These collections indicate that the...

Indian Rupee crashes to 2 year low against Dollar

The Indian Rupee has continued with its southward dive on fifth consecutive day even as forex dealers blame Chinese move to devalue Yuan for the rout. And during the process, it has reached its lowest in almost two years....
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Latest News

Implementing a Collaborative Approach to Cybersecurity in a Converged IT/OT Environment

By Antoine D'Haussy, BD director EMEA for Operational Technology at Fortinet. In industry, technical evolutions are transforming operations and driving...
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Kochi Smart City Command Centre equipped with Delta Video wall Solutions goes Live

Delta, a leading provider of video wall solutions, successfully set up a large-scale Video wall for Kochi Smart City in its Integrated Command Control...

Ozonetel Launches CloudAgentMobile AppFor Call Center Agents

Ozonetel, India’s leading provider of on-demand cloud communication/telephony solutions today announced the launch of all-new CloudAgent Mobile Application. With the launch of this virtual...

Kerala brings ordinance to defer Government employees’ salary

In the wake of the financial crisis created by the spread of the Covid-19 pandemic, the Kerala government had decided to defer the payment...

Kerala announces Rs. 3,000 crores agriculture revival package

In a bid to ensure food security and employment generation, Kerala today announced a Rs. 3,000 crores package for the revival of the agriculture...