law of torts: EAC-PM calls for codification of law of torts, punitive damages to victims
The Economic Advisory Council to the PM (EAC-PM) has called for a need to codify the law of torts and provide punitive damages to the…
locs: PSUs asked to issue LoCs based on their financial strength
The Finance Ministry has asked central public sector undertakings (CPSUs) to issue letters of comfort (LoCs) on the basis of their own financial strength so…
Aadhaar deactivation for a deceased person soon: Report
The Unique Identification Authority of India (UIDAI) and the Registrar General of India will soon roll out a mechanism to deactivate a deceased person’s Aadhaar…
black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal…
Who are the winners and losers of UBS-Credit Suisse deal
UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of…
Tamil Nadu revenue deficit down by Rs 30,000 crore, says FM Palanivel Thiaga Rajan
The Tamil Nadu government has reduced the annual revenue deficit by about Rs 30,000 crore in the revised estimates of the current year, from about…
At ₹1,400, gold achieves life-time high; silver zooms ₹1,860
Gold price rallied ₹1,400 to touch a life-time high of ₹60,100 per 10 grams in the national capital on Monday amid strong global trends, according…
Kremlin tells officials to stop using iPhones
MOSCOW: The Kremlin told officials involved in preparations for Russia’s 2024 presidential election to stop using Apple iPhones because of concerns that the devices are…
Meet Dixit Joshi, the Indian-origin CFO of Credit Suisse
The UBS deal of acquiring its embattled Swiss rival Credit Suisse for $3.25 billion was finalised after weekend meetings involving teams that report to Dixit…
PE/VC investments nearly halve in Feb 2023: Report
Investments by private equity and venture capital funds declined by 44 per cent to USD 3.7 billion in February compared to the same period a…