January 2025

Schedule I Tribunals Reforms Act, 2021

Sl. No.Tribunal/Appellate Tribunal/Board/AuthorityActs(1)(2)(3)1.Industrial Tribunal constituted by the Central GovernmentThe Industrial Disputes Act, 1947 (14 of 1947)2.Income-tax Appellate TribunalThe Income-tax Act, 1961 (43 of 1961)3.Customs, Excise and Service Tax Appellate TribunalThe Customs Act, 1962 (52 of 1962)4.Appellate TribunalThe Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976)5.Central Administrative TribunalThe Administrative Tribunals Act, […]

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ICICI Current Account

ICICI Current Account

ICICI Current Account provides a variety of services to its customers. Keeping in consideration the different banking needs of the users, ICICI Bank provides a large number of current account variants to cater to the user’s financial needs. The customers can avail the facility of ‘Anywhere Banking’ which enables them to operate from any branch

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Gold Price History in India

gold price history in india

The price of gold in India has been influenced by a variety of factors over the years, including global market trends, domestic demand, government policies, and economic conditions. Gold has been a popular investment and saving option for Indians due to its cultural significance, economic stability, and hedging properties against inflation. Factors Influencing Gold Prices

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Interest Coverage Ratio (ICR)

Interest Coverage Ratio (ICR)

The interest coverage ratio (ICR) is a financial ratio that measures a company’s ability to handle its outstanding debt. The ratio is calculated by dividing a company’s earnings before interest and taxes (EBIT) by its interest expense. A low ICR indicates that the company’s debt is great and, therefore, so is the possibility of bankruptcy. A

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Priority Sector Lending

Priority Sector Lending

Priority Sector Lending (PSL) is a way to provide higher priority to certain economic sectors in the country. Priority Sector Lending aims to provide institutional credit to such sectors and segments for whom it is challenging to avail credit. In other words, the Priority Sector means those sectors that the GoI and RBI consider important

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DRI Scheme Bank Loan

DRI Scheme Bank Loan

The Differential Rate of Interest (DRI) Scheme is a special loan scheme introduced by the Reserve Bank of India (RBI) to provide financial assistance to weaker sections of society at highly subsidized interest rates. The scheme is aimed at alleviating poverty by helping economically disadvantaged individuals get access to low-cost credit for productive purposes. DRI

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Primary and Secondary Market

Primary and secondary market

The primary market refers to the market where securities are created, while the secondary market is one in which they are traded among investors. The premise of how companies issue securities and how investors trade them resides within the primary and secondary markets. Primary Market: Meaning A primary market is a marketplace where corporations imbibe

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