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3 mins read

Bill to provide up to four nominees to a bank account introduced in Lok Sabha

Another proposed change relates to redefining 'substantial interest' for directorships, which could…

PTI   


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Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.

Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…

John Towfighi   


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2 mins read

Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%

The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …

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Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime

In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…

PTI   


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Banking Regulation (Amendment) Bill introduced in Lok Sabha

Opposition members, including Shashi Tharoor of the Congress and Saugata Roy of the Trinamool Congr…

PTI   


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All eyes on Parliament's Monsoon session — the Banking Regulation (Amendment) Bill 2020 gets introduced

The Monsoon session of the Indian Parliament kicked off today and the Banking Regulation (Amendment…

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Rajya Sabha passes 7 key bills in three and half hours amidst Opposition boycott

In one of the most productive days in its history, Rajya Sabha on Tuesday in a matter of three and …

PTI   


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Rajya Sabha passes Banking Amendment Bill 2020 bringing cooperative banks under RBI's umbrella

"During the COVID period, many cooperative banks have come under stress. 277 urban cooperative b…

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Peter Gelling   


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New general insurance law will allow the government to privatise some state-owned insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha…

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Parliament Monsoon session begins today; 31 bills likely to be taken up

The Monsoon session of Parliament begins on Thursday with Digital Personal Data Protection Bill, 20…

ANI   


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The ACLU is fighting to get Michael Cohen out of prison, saying the Justice Department went after him for writing a book about Trump

The ACLU and a private law firm are suing the Department of Justice and the Bureau of Prisons on be…

Kelly McLaughlin   


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1 min read

Govt introduces bill to amend companies law; Cong, TMC, BJD

On March 5, the Reserve Bank superseded the board of YesBank in the wake of deepening crisis, mainl…

PTI   


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Parliament passes IIIT amendment bill, giving 'national importance' tag to five new institutes

The Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 has alreaby been passed…

PTI   


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Proposal for crypto tax policy will be up for discussion in Indian parliament today

The finance minister of India, Nirmala Sitharaman, will introduce the Finance Bill of 2022 in the L…

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Companies (Amendment) Bill cleared by Parliament – improves ease of doing business, allows direct overseas listing and more

The Companies (Amendment) Bill, 2020 seeks to decriminalise various penal provisions, permit di…

PTI   


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Debt schemes of MFs lose edge over bank deposits as Budget proposes to scrap LTCG & indexation benefits

With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…

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6 mins read

Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India

So far, the legality of cryptocurrencies in India have been more or less grey. The country act…

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Commercial real estate could be where the next economic shock comes from. Here's what Elon Musk, Bill Ackman, and 5 others have predicted.

Higher interest rates, tighter lending and work-from-home trends spell trouble for the commercial r…

Zahra Tayeb   


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2 mins read

Russian invasion and millions of crypto donations force Ukraine to legalise cryptocurrency

Amid the ongoing Russian invasion, Ukraine has legalised cryptocurrency. Ukraine has received milli…