Indian VP Venkaiah Naidu Unveiled Rs 100 Coin

M S Subbulakshmi

Indian Vice President Venkaiah Naidu unveiled today Rs 100 and Rs 10 coins on the birth centenary of musician M S Subbulakshmi and at an exhibition held to mark her legacy at New Delhi’s Indira Gandhi National Centre for the Arts. The Vice President also tweeted a photo of the two coins officially. The exhibition is titled as Kurai Ondrum Illai More...

by Paul Linus | Published 5 days ago
RBI Lists HDFC As Too Big To Fail
By Paul Linus On Monday, September 4th, 2017
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RBI Lists HDFC As “Too Big To Fail”

HDFC Bank gets the status of being “too big to fail” by the Reserve Bank of India (RBI) and joins top lenders State Bank of India (SBI) and ICICI Bank. Below are some basic things to know about the terminology More...

List of Disastrous Recent Mergers and Acquisitions
By Paul Linus On Thursday, August 31st, 2017
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List of Disastrous Recent Mergers and Acquisitions

Learn why mergers of top companies can have a bad outcome: a list of historical and recent mergers and acquisitions that hit the US business sector and brief overview of their case studies. M&A Failures: List More...

RBI To Introduce Rs 200 Notes In Circulation
By Paul Linus On Wednesday, August 23rd, 2017
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RBI To Introduce Rs 200 Notes In Circulation

A notification in the Gazette of India reveals soon new Rs 200 notes will be in circulation to bridge gap between Rs 100 and Rs 500 notes. It is learned the printing process of Rs 200 notes is almost completed and More...

SBI Drops Savings Account Interest Rate To 3.5 percent
By Paul Linus On Monday, July 31st, 2017
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SBI Drops Savings Account Interest Rate To 3.5%

State Bank of India (SBI) announced Monday a sharp cut in the interest rate of savings account with immediate effect. From today savings account with deposit up to Rs 1 Crore to get 3.5 percent interest rate, which More...

Income Tax Department Urges To File ITRs By July 31
By Paul Linus On Sunday, July 30th, 2017
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Income Tax Department Urges To File ITRs By July 31

The Indian Income Tax Department has requested taxpayers to file income tax returns (ITRs) by July 31 as there will be no extension of deadline beyond it. The department said they have received more than 2 crore More...

Mirror And Copy Trading - Its Mechanism, Strengths And Weaknesses
By Paul Linus On Friday, July 21st, 2017
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Mirror And Copy Trading – Its Mechanism, Strengths And Weaknesses

Mirror trading and copy trading sound similar, but there is a subtle difference. What is Mirror Trading? Trading platforms provide free demo accounts to traders to record their performance. As soon as the trader’s More...

Indian Demonetization Questionmarks Many Taxpayers Who Deposited Large Cash
By Paul Linus On Saturday, July 15th, 2017
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Indian Demonetization Questionmarks Many Taxpayers Who Deposited Large Cash

During the time of demonetization late last year in India the government claims to have uncovered 5.56 lakh such individuals whose income tax profile were inconsistent compared to cash deposits. Some 1.04 lakh other More...

Selling Old Gold Jewellery Attracts No GST- Finance Ministry
By Paul Linus On Thursday, July 13th, 2017
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Selling Old Gold Jewellery Attracts No GST: Finance Ministry

There is no GST on exchange jewellery, said Finance Ministry on Thursday as it is not the business of an individual. Releasing a statement the ministry added, “Even though the sale of old gold by an individual More...

Reserve Bank Of India Limits Customers' Liability In Unauthorized Transactions
By Paul Linus On Friday, July 7th, 2017
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Reserve Bank Of India Limits Customers’ Liability In Unauthorized Transactions

Reserve Bank of India (RBI) has come up with norms favouring customers who make online transactions. It limited the liability of account holders and directed the banks to credit the amount of electronic transaction More...