Cut in the offing? EPFO may cut interest rate to 8.5% for FY20, says report
The Employees Provident Fund Oragnisation (EPFO) might reduce its interest rate by 15 basis points to 8.5% in FY20. The issue is likely to be taken up at the central board of trustees (CBT) meeting of
Sebi wants MFs to be agile in stress events, warns industry on mis-selling
The Securities and Exchange Board of India’s (Sebi’s) whole-time member G Mahalingam on Thursday pointed out that the risk-management practices of the Rs 27-trillion mutual fund (MF) industry can
India’s GDP seen growing at 4.7 per cent in December quarter: Poll
Having suffered its weakest expansion in over six years in the September quarter, India’s economy probably fared slightly better in the December quarter, before suffering a relapse due to the impact o
Commerce Ministry assessing impact on pharma ingredient supplies from China
The government is assessing the impact of the coronavirus outbreak in China on the Indian pharma industry.
India among top suppliers of pharma drugs used in trafficking: UN report
Drug traffickers now tend to smuggle pharmaceutical drugs rather than illicit drugs such as ‘hashish’ and ‘heroin’ because of the more lenient penalties imposed for smuggling of controlled pharmaceuti
SEBI move to curb POA abuse with new margin process
SEBI has now set a new process for brokers to take shares as margin from clients. From June 1, shares of clients lying in demat accounts with brokers will have to be specifically marked ‘shares pledge
‘Govt closely monitoring coronavirus impact on economy’
Finance Minister Nirmala Sitharman on Wednesday said the government is keeping a close watch on the impact of the coronavirus outbreak on the economy.
India faces WTO heat to exempt food for humanitarian needs from export curbs
India is under pressure to give its approval to the World Food Programme (WFP) initiative at the World Trade Organization (WTO) that would exempt food purchases for humanitarian purposes from export
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