The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
With the marathon season around the corner, even couch potatoes can train for shorter runs at the Delhi Half Marathon in November
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.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
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.
DEA officials to push for this at a meeting with FM Jaitley.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
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Condusive climate across states is crucial for manufacturing growth.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
Inflation moderates, but a rate cut is unlikely.
It's time to re-examine government's role as owner of banks,
Dividend payouts seem recession-proof.
As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
The consumer price index has been in double digits for much of the past year, and was 9.8 per cent in September.
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
In January this year, with a view to cutting the subsidy on diesel, the government had decreed that all bulk users, such as the railways, state transport corporations, armed forces and all commercial establishments, would be charged the market price for diesel.
This is likely to put a brake on the fast pace at which Aadhaar cards have been issued so far to more than 400 million people.
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After a string of extremely low and even negative monthly numbers, the industrial sector grew by 2.6 per cent year on year, far exceeding expectations.
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The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
