The Finance Ministry will meet with MFIs to address rising stress and delinquencies in the microfinance sector. Credit deceleration, increasing stressed assets, and borrower indebtedness have been highlighted in the RBI’s latest report, with notable increases in loans from multiple…
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India’s GDP growth is forecasted to slow to 6.4% in FY 2024-25, down from 8.2% in the previous year, with the Reserve Bank of India predicting a 6.6% growth. Key sectors like agriculture, construction, and real estate are expected to…
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India’s GDP growth momentum has improved in the October-December quarter of the current financial year (FY25) and inflation has eased, according to an HSBC Research report released on Tuesday.
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A finance professional, Sanjeev Kumar Sharma has held key roles across various sectors, including manufacturing and banking, at leading organizations such as ICICI Bank, Apollo Tyres, BPTP Ltd., and JK Paper.
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Alkem Laboratories Ltd received an order from statutory authorities under the GST Act, 2017, demanding ₹5,21,52,038 in taxes, and ₹5,22,02,038 in penalties plus interest, for alleged excess availing of GST Input Tax Credit from 2017 to 2021. Alkem intends to…
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Vodafone Idea Limited has received a penalty order under the Central Goods and Services Tax Act, 2017, confirming ₹2,94,07,225 due to alleged excess ITC availment for FY 2017-18. The company intends to challenge the order and pursue appropriate rectification actions…
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