Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
Live it up in style with these credit cards.
'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.
Replying to the debate on the Finance Bill in Lok Sabha, the minister said he did not propose any change in the tax rate but only provided few rebates which will boost spending and help the economy.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
The Reserve Bank on Monday asked banks to notify the base rate, or the minimum lending rate, at least once in every three months.
'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).
Action has been taken according to a memorandum that requires 'periodic review of performance of government servants'.
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
Assocham has also pitched for revision of the deduction of interest on housing loans to at least Rs 300,000 from the existing Rs 200,000
The deduction will be higher and net take-home pay will fall.
At 70, going by hospital records made public, most age and health-related arguments put out against super-star Rajinikanth's entry into politics, before he withdrew citing a 2016 kidney-transplant, hold good for Sasikala, too, says N Sathiya Moorthy.
Outright fear and lack of awareness can harm your CIBIL score
What can be more seductive to lure a populist politician than a mass rally? Modi understands Trump well like few people can, notes Ambassador M K Bhadrakumar.
Services sector slowed down in May on weak economic factors.
Of 650 billion cubic metres of water available for irrigation nationwide, 15 per cent, or 100 BCM of water, is used by sugarcane , which is planted on no more than 2.5 per cent of India's farmland
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
India likely to overtake China on strong GDP growth.
Rishi Mehra on the home work you need to do before opting for one
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting.
Criminal Justice: Behind Closed Doors is not a great show, but an efficient one, notes Sreehari Nair.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
New regime on loans to one party to kick in by Apr 2019.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
Proper planning is absolutely essential when you are thinking of redoing your home, says Rajiv Raj
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
China's official media on Tuesday went public over India's Nuclear Suppliers Group bid for the first time, saying New Delhi's membership of the elite club will not only touch a "raw nerve" in Pakistan and increase a nuclear arms race in the region but also "jeopardise" China's national interests.
The overall message to the middle class is: the days of freebies are over.
With GST, demonetisaton and the banking sector reset, investment banker Christopher Wood expects PM to focus on generating jobs ahead of the 2019 election.
'The people of India have not only challenged the ruling dispensation with the constitution, they have also opened the eyes of the leadership that sits in the Opposition.'
