Demand for residential projects has completely flattened out thanks to the pandemic. There is a belief that revival of the sector can be achieved by reducing stamp duty. However the moot question is whether the state governments are willing to bite the bullet as revenue collection could be hit. Will states oblige?
The income tax department’s new, revamped portal is still not ready. There are several questions which remain unanswered. How soon will the new portal and mobile app be ready for use? Thankfully enough, it is lean season in terms of filing of IT returns else it would have been catastrophic.
Is it the light at the end of the tunnel for PMC Bank depositors? However some depositors believe that their deposits may not be repaid in full even as there is a new owner for the crisis-ridden bank. A clearer picture will only emerge post the RBI’s nod for the revival of the bank.
The glitches in the new income tax website were one issue which got prominent mention at the 40th AGM of Infosys Limited. Infosys is the vendor for this project. However the Infosys management sounded confident and clarified that its team of engineers were able to iron out many of the glitches.
Becoming a victim of financial cyber fraud can be a heart-breaking experience. The loss and the sense of having been cheated apart, the agony of having to liaise with one’s bank makes the whole process extremely painful. A new service Now a nationwide initiative has been launched with the launch of toll-free phone #: 155260. Although […]
The Indian stock market ended Friday with muted gains. It capped a week which saw hectic action as some stocks collapsed like nine-pins. Is the pain really over or will it linger for some more time? There is no positive news on the horizon even as the market has discounted the unlock process.
Venture capitalists are willing to back the Indian cryptocurrency industry. This comes as a big boost despite regulatory headwinds. With investments coming in the industry can take off but the regulatory uncertainty needs to be addressed in a comprehensive manner to foster growth. Will that happen at the earliest?
The RBI has given nod to Centrum Capital to set up a SFB. This will take over PMC Bank. As the chairman of Centrum Capital, all eyes will be on Jaspal Bindra, the chairman. He is no stranger to banking after heading Standard Chartered. The second innings as a banker eagerly awaits this banker.
Mined in Botswana, the stone clocks in at 1,098 carats and is claimed by the Debswana group as the largest diamond it has dug up in the last 50 years