The SBI chairman has made a statement in Davos, Switzerland on the sidelines of the World Economic Forum that Yes Bank will not be allowed to go down. The same chairman sometimes back stated...
15 years back power sector witnessed a huge expansion. Between 2005 and 2011, thermal projects with 700 GW were given either TOR or EC by the government in around 570 projects, with estimated investments...
Union Budget is no more an anxiety as many decisions like petroleum product prices, railway fare, tax waiver to corporation, GST are now out of the budget. However some sectors require attention. Most important...
Mundra, Gujarat January 13, 2020: TATA power has announced to the Union Ministry of Power that it may be forced to stop operating its imported coal-based Mundra ultra-mega power project after February, 2020. Experts...
New Delhi, 13 January 2020: FAN India (Financial Accountability Network India), Indigenous Perspectives Environment Support Group, INSAF, Devidas Tuljapurkar, Joint Secretary, All India Bank Emplyees Association (AIBEA), All India Union of Forest Working People...
The Reserve Bank of India introduced āKnow Your Customerā norms under the provisions of āPrevention of Money Laundering Act 2002 and Prevention of Money Laundering (Maintenance of Records) Rules 2005. As per these...
The Finance Department has informed the Banks that there will not be any interest subsidy for Gold Loans given to Farmers (Refer Circular of SBI No.1370 / 2019-20 dated 24.12.2019). In 2006-07 Budget speech,...
A new year is around the corner. Time to make some predictions about how financial institutions will respond to the growing threat of climate change, stranded assets, and eroding social license will pose. UK...
In the name of making banks into supermarkets, providing all financial services, cross-selling was permitted by RBI and the government in the banking industry. Life insurance policies, general insurance policies, mutual funds etc are...
The Parliament has passed The International Financial Services Centres Authority Bill 2019. The Act will apply to be the International Financial Services Centres (IFSC) set up under See 18 of the Special Economic Zones...
IFCās Opportunistic $ 24.7 trillion Global Green Investment Plan Adding to the global narrative on low-carbon investments, World Bank Groupsā private lending arm International Finance Corporationās recent report – Green Buildings: A Finance and...
A two-day regional seminar was held in Bilaspur on 30th Nov- 1st Dec 2019 organized by, All India Forum of Forest Movements (AIFFM) ChhattisgarhāVidarbha region, Mausam, Beyond Copenhagen Network and Centre for Financial Accountability...
More than Rs. one lakh crore (Rs. 1,08,785.41) revenue forgone due to exemptions availed by corporates in 2019 , informed the Finance Ministry answering a question yesterday (Nov 2) in the Lok Sabha. For...
This economic slowdown comes at a time when crude is a benign $55-$58 a barrel, and world economy continues to grow modestly. So in a very broad & general way, for instance you were...
Pradhan Mantri Mudra Yojana was launched on 8th April 2015. Categorised as Shishu, for loans upto Rs.50000/-, Kishore for loans upto Rs. 5 lakhs and Tarun for Loans upto Rs. 10 lakh, the scheme...