One of the best indicators about the capriciousness of markets can be found in the recently introduced ranking of countries - the Human Capital Index.
To find out more about IL&FS, watch Editor’s Take with Moneycontrol Corporate Bureau Chief Prince Thomas.
IL&FS has also confirmed the appointment of Alvarez & Marsal as Restructuring Advisors to the Group.
India, Bangladesh, Vietnam, Philippines and Indonesia are the most exposed countries to natural disasters
The policy-making body for the Income Tax Department (ITD), while releasing the latest data, also said that the "average tax" paid by corporates and individual taxpayers has seen a jump over the same time period.
Use of blockchain technology to digitise land records would enhance ease of asset-based lending to micro, small and medium enterprises (MSMEs), the official said.
The securities will be sold on October 23 through an auction by the Reserve Bank of India. Bids will have to be submitted to the RBI core banking solution system by tomorrow.
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 percent.
"Last week it was pointed out to us by state Health Minister (Vishwajit Rane) that there are certain apprehensions in the mind of people about the quality of fish," Prabhu told reporters at Porvorim.
According to the report by Kotak Economic Research, the focus of the Monetary Policy Committee (MPC) remains purely on inflation print, which is expected to remain benign ( 3-4.4 percent) in the second half of 2018-19.
IL&FS board was taken over by six new members appointed by the government on October 1. Sources told Moneycontrol the immediate priority of the new board is to look at the sale of core assets to raise money.
This blog will track breaking news and important developments through the day
Petrol margins against Brent crude fell 63 percent from the start of the month to $3.04 a barrel on Thursday, the lowest since August 1, 2016, before recovering to $3.55 a barrel on Friday.
The indirect bail out should be limited to preventing a cascading effect of the IL&FS collapse, just as Lehman Brothers was allowed to collapse but the system was rescued through the troubled asset relief programme
In case a sector does not have a well-defined regulator, the concerned ministry or the IT ministry will define what critical data is after consultations with stakeholders
The Trump administration plans to revise the definition of employment and ‘specialty occupations’ under the H-1B visas, a move which could have an adverse impact on Indian IT companies in the US.
The drop in output could force the world's biggest edible oil importer to raise overseas purchases in the 2018/19 marketing year starting from November 1.
While risks from trade protectionism have been consistently highlighted by Reuters polls since January last year, the latest indicated that growth in about 70 percent of 44 economies surveyed has already peaked.
The provision will allow banks to free up Rs 50,000-60,000 crore of liquidity which banks can lend to NBFCs till December 31.
Insurance Ombudsmen help settle disputes between policyholders and insurers
Moneycontrol’s Sakshi Batra in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol finds out what could be the implications on companies that have missed the RBI deadline.
A government committee in a draft report suggested setting up an independent Payments Regulatory Board.
On October 5, the six-member MPC decided to keep key policy interest rate or repo rate unchanged at 6.50 percent
In this weekend's playlist, we talk about the Sabarimala verdict, which opened a hornet's nest, the #MeToo movement, the Nobel prize, RBI's moves amid the liquidity crisis and the online shopping festivals.
To find out more about the Jet Airways crisis, watch Editor’s Take with Moneycontrol Corporate Bureau chief Prince Thomas.