Tag: finance

Shakespeare wrote all about looking honor and death in the eye, and looking on both indifferently. But that is exactly what some of our...

US President Donald Trump on Tuesday said the second phase of negotiations for the US-China trade deal would begin soon and asserted that the two countries never had a better relationship despite the recent rough patch.

India's government intends to push the central bank for a fiscal aid in the frame of another interim dividend, as it struggles to reach its expenditure promises amid an abrupt revenue shortfall, three sources immediately aware of the subject said.

The government is unlikely to give any "remarkable" fiscal sops including a reduction in personal income tax to promote demand in Union Budget 2020-21, administrators told news bureau IANS.

India's government is expected to lower spending for the current fiscal year by as much as Rs 2 lakh crore as it overlooks one of the biggest tax shortfalls in recent years, three government experts stated.

India, a democracy is known for many aspects around the world, 72 years of Independence, flag on Moon, Mission Mars, some of the richest people on planet, home to lush flora and fauna. A land of rich cultures and traditions. A country that is home to some of the brightest minds on this planet and yet a country where there are endless problems with no concrete solutions. A nation where people are more focused on the quicksand of Ram Mandir & Babri Masjid rather than the godforsaken situations at hand.

Bank FD is considered as the most preferred investment instrument to invest your hard-earned money as it is considered safer as compared to investments in mutual funds. Recently after the Reserve Bank of India (RBI) cut the repo rate in its Monetary Policy Review meet, all top lenders including the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and others started cutting down their FD rates. The time limit for FD's is from 7 days to 7 years.

Finance Minister Nirmala Sitharaman has said that foreign investors will not find a country that loves democracy like India and respects the capitalists. Addressing the session held on Wednesday at the headquarters of the International Monetary Fund (IMF), Sitharaman said that the government is constantly improving to boost investment. India is still the fastest growing economy in the world. We have the best skilled manpower.

The Financial Action Task Force [FATF] is an intergovernmental body which works independently. The primary task of the FATF is to protect the domestic as well as the global financial system from unlawful activities like terror funding and money laundering. Therefore, this body looks towards ways and means to develop and promote policies for a sound global financial system.

"I wished from day one, that it (GST) met with your satisfaction but I am sorry that it did not meet with your satisfaction. We cannot damn it...it was passed in Parliament and in all the State assemblies. It might have flaws; it might probably give you difficulties but I am sorry, it is the 'kanoon' of the country...I appeal to you to work together so that we have a better framework if it is giving problems now," said the Nirmala Sitharaman