Vrishti Beniwal

Investment recovery still quarters away

Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.

Modi's secret plan: Showcasing 100 days of 'achche din'

Modi's financial inclusion plan to come in 2 phases

The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.

Next-level GST talks on Wednesday

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Suresh Prabhu likely to be deputy chief of Planning Commission

The quiet corridors of the Planning Commission were again agog with activity following talk that the central government would soon announce the former's much-awaited reconstitution.

Modi may announce tech-dependent financial inclusion this I-Day

As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.

Service tax dept may disrupt your grand party

To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens

Govt mulls law to give banks more muscle

At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.

Syndicate Bank fiasco: A lesson for PSU banks

This comes after the arrest of Syndicate Bank Chairman S K jain.

Govt's stake sale plans set for a Diwali boost

The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.

India may sign tax sharing pact with Japanese MNCs

Move to address MNCs' taxation woes; UK likely to be the next.

'Subsidies cannot be eliminated from the Budget'

All these measures will revitalise the manufacturing sector, which has been in doldrums.

Govt clears confusion on date of debt MF tax hike

Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax

Jaitley unlikely to re-impose Inheritance tax

Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.

Jaitley unlikely to re-impose Inheritance tax

Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.

Companies may get to borrow more abroad

The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.

Nokia's tax dispute with India may get bitter

The company moved the income-tax appellate tribunal and its appeal is pending there.

Govt banks: Higher NPAs to pinch senior management's pocket

FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.

Mundra likely to be next RBI deputy governor

Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA

Govt to set health rider for 49% FDI in insurance

Finance ministry considers tax sops, regulation of hospitals to make health care affordable.