CBDT circular issued last month had raised multiple taxation concerns.
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
India may make peak-time allocation of airport slots for its airlines an essential part of any bilateral signed in future. Arindam Majumder reports.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
The government is ready to support Air India, but wants the airline to improve its performance.
'In the US, they have created a blacklist for fliers. We are trying to do the same here.'
Pronab Sen, the government's former chief statistician, says contrary to perception, GDP growth won't be drastically hit in the present quarter.
A large number of people using cards at PoS Cards being used more frequently Small-ticket transactions Mastercard South Asia head Porush Singh calls these the three key trends for a cashless future. And post-demonetization India, he believes, is steadily moving towards it.
Country's largest airline has set up a centralised unit to minimise disruptions.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Consensus seems a problem before the current session of Parliament ends.
'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
'Because of the government's step, the people are now going to splurge on consumption.' 'If you ask me, would growth be 8% for 2017-2018, I would say 7.5% because of the demonetisation move would not be very significant.'
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