NEW DELHI: The Insolvency and Bankruptcy Board of India (IBBI) has mandated the exclusive use of the eBKray auction platform to sell assets under the liquidation process from April 1. The eBKray…
Rupee hits 86 against US dollar, settles 14 paise lower
Rupee hits fresh record low
November IIP jumps to 6-month high of 5.2%
India’s industrial growth surged to a six-month high of 5.2% in November, up from 3.7% in October, according to data released on January 10. This marks the third consecutive month of rising…
Should you work 90 hours a week?
The outrage against these remarks highlights an existing corporate reality. Many employees already work extended hours, often clocking 12 to 16 hours daily since the onset of work-from-home and hybrid models post-COVID-19. Consider your workday—what time do you start checking emails, attending calls, or joining virtual meetings? And when do you finally stop responding to messages or winding down work-related tasks?
Equitas Small Finance Bank hikes interest rates for savings account customers
The revised savings account interest rates offer customers attractive opportunities to grow their savings. Balances up to ₹1 lakh will continue to earn an interest rate of 3.00%, while the extended slab for balances between ₹1 lakh and ₹10 lakhs will provide an interest rate of 5.00%.
Adv. Pralhad Kokare elected as Chairman andCA. Yashwant Kasar as Vice Chairman of Cosmos Bank
Returning Officer Mr. Sanjay Raut in
the Board Meeting of the newly elected Board Members. Both were elected unanimously.
FinMin Meeting: MFIs Push for Relaxation in Asset Qualification Norms
Representatives of microfinance institutions (MFIs) urged the Ministry of Finance on Wednesday to revisit the Reserve Bank of India’s (RBI) updated asset qualification norms. The regulations, which increased the required allocation to…
IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT
The Bank’s customers can use the user-friendly Retail and Corporate Internet Banking platforms of IDFC FIRST Bank, or pay the taxes at any IDFC FIRST Bank branch using Cash, Cheque or Demand Draft.
GrayQuest raises Rs 80 Crore ($9.3M) in its Series B Equity Funding Round
GrayQuest offers educational institutions a first of its kind, unified payments platform to enable them to digitize & boost their fee collection. It’s platform enables institutions to offer their students & parents multiple tailor-made payment options, including a convenient monthly payment option to pay their annual education fees without bearing any extra costs.
Budget 2025: Tax simplification, capex push and private investment likely, says EY India
EY anticipates significant reforms to simplify the tax system and improve taxpayer services, reduce litigation, and enhance tax compliance. Key suggestions include: