Explained- Jet Airways Crisis: Founder Naresh Goyal and his wife Anita Goyal to step down
Jet Airways founder and principal promoters Naresh Goyal and his wife Anita Goyal are likely to step down from the board and leave the airline amid the reports of looming financial crisis in the airlines.

Naresh Goyal is presently in L More..

Proceeds from Disinvestments exceeds Target
The proceeds from the disinvestments have exceeded the disinvestment target for the fiscal 2018-19 by Rs 5,000 crore taking the total proceeds to Rs 85,000 crore against the targeted Rs 80000 Cr.

Disinv More..

Implementation of Indian Accounting Standards deferred by RBI
The Reserve Bank of India (RBI) has deferred the implementation of new accounting rules, Indian Accounting Standards (Ind AS) for banks till further notice. This is the second extension provided by the RBI. Earlier in April 2018, RBI had postponed th More..

SpiceJet joins IATA
Indian low-cost airlines SpiceJet has joined the International Air Transport Association (IATA). SpiceJet is the first Indian budget carrier to join the IATA, which has over 290 airlines as members.

The membership of IATA will allow Sp More..

RBI Governor bats for Permanent Status to Finance Commission
Reserve Bank of India (RBI) governor Shaktikanta Das called for permanent status to Finance Commission.  RBI Governor Shaktikanta Das is also the member of the fifteenth finance commission.

Necessi More..

Conclave on India-Africa Project Partnerships
Union Ministry of Commerce and Industries had organised a  Conclave on India-Africa Project Partnerships in association with Confederation of Indian Industry and EXIM Bank of India.

The conclave is held every year since its incept More..

Counterfeit, Pirated Goods and Global Trade
The assessment  by EU Intellectual Property Office (EUIPO) and the Organisation for Economic Co-operation and Development (OECD) carried out based on data from almost half a million customs seizures by international enforcement agencies highligh More..

India, US to Sign Pact for Exchange of Country-By-Country Reports
Both India and the US will sign an agreement to facilitate the exchange of country-by-country (CbC) reports filed by the ultimate parent corporations based in either of the countries.

Country-By-Country More..

SBI launches cardless ATM withdrawal with YONO Cash
India’s largest Bank State Bank of India (SBI) has announced the launch of YONO Cash through which customers can withdraw money from ATMs without using a card.

How does the Cardless Cash Withdrawal work?

•This Cardless C More..

SBI, ICICI, HDFC Bank to remain D-SIBs
The Reserve Bank of India (RBI) has announced that SBI, ICICI and HDFC Banks would continue as Domestic Systemically Important Banks (D-SIBs) for 2018.


The recognition as D More..

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