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Personal Finance
Govt detects Rs 1,761.09 crore undisclosed income till June
The government has detected an undisclosed income of Rs 1,761.09 crore while it seized Rs 75.37 crore in a total of 41 searches till June this fiscal, Parliament was informed Friday.
Latest News
AXA wins India approval to raise stake in Bharti insurance JVs
Europe`s second biggest insurer AXA has won the Indian government`s approval to raise its stake in two local insurance joint ventures with Bharti Enterprises to 49 percent, a government statement showed.
Insurance bill passage shows firm commitment of Indian govt
Describing the passage of India's Insurance Bill - that raises the FDI cap to 49 per cent - as a "substantial step", an influential US insurance organisation has lauded the new government for going ahead with the economic reforms and infusing new energy.
GST not to impact states' revenues: Arun Jaitley
Revenues of states will not be hit in the long run after implementation of the Goods and Services Tax (GST), Finance Minister Arun Jaitley said Tuesday.
There are "101 counts" on which GST bill should be sent to Parl panel: Moily
Congress leader Veerappa Moily Tuesday said the Goods and Services Tax (GST) Bill was "revolutionary" but insisted there are "101 counts" on which it should be sent to Parliamentary Standing Committee for wider consultations of some of its provisions.
Insurance FDI: AXA to up stake in Bharti JVs for Rs 1,290 crore
The government has approved French insurance firm AXA raising stake in its life insurance joint venture with Bharti Group to 49 percent for Rs 858.6 crore.
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Money Matters
Life insurance market clocks 20% growth in first quarter
After witnessing de-growth since 2010, the life insurance industry rebounded in the first quarter of the fiscal recording a robust 20 percent growth in new premium income.
Govt reduces claims settlement period by EPFO to 20 days
EPFO has settled 11.06 lakh claims in June, 38 percent of these were settled within 3 days and 76 percent within 10 days.
HDFC Bank unveils PayZapp online payment solution
"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.
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