Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
Sensex in green, JSW climbs higher.
Jamshedpur gave birth to Telco (now Tata Motors) which has just launched the low-cost Nano; Jamshedpur, according to the 35-year old Tata Housing Development Company managing director Brotin Banerjee, is what inspired Tata Housing to launch its Shubh Griha low-cost housing project in Mumbai.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
The government of India holds 24.5 per cent stake in GSTN while states together hold another 24.5 per cent
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Kerala has seen one of the worst floods in its history during this monsoon. From August 8 to 20, nearly 223 people have lost their lives, 33 are missing and around 1.2 million individuals from 3,02,441 families are in 3,941 relief camps. Initial losses are estimated to be around Rs 200 billion (Rs 20,000 crore). With the rescue measures in its last leg, the Kerala government is looking at raising funds to rebuild the state. In an interaction with Gireesh Babu and T E Narasimhan, Kerala Finance Minister T M Thomas Isaac says he has a three-pronged strategy to raise funds. Edited Excerpts.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
The US economy added 160,000 jobs in April, extending the longest streak of private-sector job growth on record.
Criterion for corporates will effectively rule out entry for business houses.
The central bank had revised its inflation forecast significantly downward in the last policy
We can learn much from China with regards to making civil service recruitment more efficient, says former diplomat Kishan S Rana.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports, the President said.
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
The panel might also decide on a new chairman.
The time the companies have to get ready for GST is 6 to 12 months.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
HDFC was the top gainer among the Sensex stocks.
Sensex in green in afternoon trade.
Industry sources told India Abroad they wouldn't shed any tears if the legislation died in the House.
According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.
Given the sharp differences that the Democratic and Republican lawmakers and the White House has on various aspects of immigration reform including H-1B, the Congressional passage of the bill and its becoming a law as of now appears to be a tall order.
However, a recent rebound in banking shares -- which has pushed the Thomson Reuters Global Banks index up five percent this year -- possibly hides a crisis still threatening the existence of many in the sector as its leaders meet in Davos.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
Jaitley was replying to a debate in the Lok Sabha on Supplementary Demands for Grants for an additional expenditure of over Rs 12,500 crore (Rs 125 billion).
There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, railway board member (Traffic) Mohd Jamshed told PTI.
Companies think they are too big to bow before regulators.
Rejecting Rajya Sabha's five amendments and opposition's appeal not to make "haste", the Lok Sabha on Wednesday passed the legislation that aims at better targeting of subsidies through the Aadhaar unique identity number within hours of the Upper Housing returning it.
The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
England, who have won both the one-day and Twenty20 series against Sri Lanka, play a two-day practice match in Colombo before heading to Galle which hosts the first of the three Test matches from November 6.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
With the ongoing Parliament session -- the last for this Lok Sabha, witnessing continued turmoil, there are indications that the legislation would be tabled in the Rajya Sabha so as to keep it alive for the new House to take it up.
Since few read discussion papers or Parliament committee reports on Budgets, this doesn't help policymaking
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