Regulators may extend timings of currency derivatives trading

Regulators may extend timings of currency derivatives trading Longer trading hours seen helping investors hedge their currency risks better and mitigate losses India‚Äôs market regulators are in talks to extend timings of currency derivatives trading, two people aware of the discussions said, a move expected to help investors hedge their currency risks better. Currency derivatives […]

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Bad loans menace: Over three dozen CAs under Reserve Bank lens

Bad loans menace: Over three dozen CAs under Reserve Bank lens With the RBI cracking the whip on bad loans menace, more than three dozen chartered accountants are under the scanner for allegedly conniving with promoters in defaulting as well as restructuring the stressed assets, sources said. At a time when more number of companies […]

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Black money SIT reviews use of cryptocurrencies; directs clampdown

Black money SIT reviews use of cryptocurrencies; directs clampdown The RBI had come out with three specific warnings to discourage the public from investing in the virtual currenciesThe Special Investigation Team (SIT) on black money has asked probe agencies to check and curb the use of cryptocurrencies as it reviewed their operation and circulation in […]

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CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds

CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds The probe initiated by the Central Bureau of Investigation (CBI) into the fraudulent tax refunds case has not gone down well with the Indian Revenue Services (IRS) officers. In a resolution passed against the central agency, IRS officers called the allegation against the tax […]

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