"For 2010-11 and beyond, the Kirit Parikh report will be the benchmark. The report is being studied.These decisions are politically sensitive issues and have to be sustained over a period of time," Petroleum Secretary S Sundareshan told Business Standard. "It is impossible to insulate the Indian consumer against the movement in international oil prices."
A McKinsey survey shows very few firms focus on building the capability that adds the most value to performance.
There is scepticism in some quarters that the Budget for 2010-11, while spreading cheer, may be skating on thin ice. For instance, some of its assumptions will give way if the non-tax revenue projections turn out to be castles in the air.
HR audit, Strategic Training Unit, leadership development - SBI is doing all that it takes to be an employer of choice.
Disinvestment proceeds of the government could be higher than the estimate of Rs 25,000 crore for 2009-10. The government has already raised Rs 13,621 crore through disinvestment in four public sector companies.Dilution of stake in National Mineral Development Corporation, the fifth public sector undertaking to come out with a public offer this year, is likely to fetch the government more than the remaining Rs 11,388 crore, thereby exceeding even the revised target.
Leading HR experts say a coach can bring in the edge that is vital to make the transition from just another boss to the boss.
'Prices can be adjusted now. The government can even temporarily cut taxes'.
Axis Bank's chief talks of her stress-busters and brushes over the 'Chanda-Shikha' stories.
India Inc is hiring once again, but caution is still the watchword, says Shyamal Majumdar.
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased marginally.
The ministry of urban development has asked the finance ministry to lower the duty in order to promote the public transportation system in the country.
Mitra will take over from P V Bhide after January 31.
Managers of the world seem to be united in their passion for wasting time at work.
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased marginally.
Aggregate domestic R&D spend in India has never exceeded 1 per cent of GDP, and over 80 per cent of Indian firms spend nothing on research.
As the ministry of finance gets into the Budget mode, its officials perhaps want to tell themselves, "All is well". So, they have none other than Aamir Khan, alias Rancho of recent Bollywood blockbuster 3 Idiots, talking to them this weekend on Cinema and Society.
While Finance Minister Pranab Mukherjee is aiming for a return to the path of fiscal prudence, various departments of the central government appear to be out of sync.
A fresh $1-billion (nearly 4,600-crore) loan from the World Bank under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), to be routed through the Union government, would be linked to cities adopting certain efficiency parameters.
The government should focus on smaller labour reforms; they may not be headline-grabbing but can collectively be effective, says Shyamal Majumdar.
The government is likely to ease the incidence of minimum alternate tax, or MAT, on infrastructure companies.
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