Tag: finance news

The government doesn’t recognise cryptocurrency in the country and levies a 30% tax on its profits. (Unsplash/Representational)
Posted in Business

Centre opposes cryptocurrency regulation over investor risks

The Union finance ministry ruled out setting up any regulatory regime for cryptocurrency, arguing that this could lend legitimacy to the sector and create a…

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Subhash Chandra said he had only provided personal guarantees for loans taken by companies associated with the Essel Group, not personally borrowing money. (HT Photo)
Posted in Business

Subhash Chandra case: Why banks lose money in personal guarantor claims

The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s ₹6.5 crore repayment plan has raised questions about how much banks can…

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Insurance can be complicated, but there are several things within your control. (Unsplash/Representational Image)
Posted in Business

Health insurance claim denied? Here are 3 important ways you can avoid rejection

You’ve bought health insurance. But getting the policy is only the first step. IRDAI data shows that roughly one in every four rupees claimed from…

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