According to the committee, single overseas investments of more than 10 per cent in a company should be considered as Foreign Direct Investment while those less than 10 per cent should be classified as foreign portfolio investment.
'I am sure the BJP can find a highly educated, respected, non-controversial party man from the North East to be elected India's vice-president,' says Sudhir Bisht.
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The Indian currency had hit record low of 57.32 against a dollar in June last year.
Shikha Verma offers invaluable money management insights
Are all the benefits of group life insurance for real? Naval Goel finds out
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
Cognizant's consulting practice today has 5,500 consultants, perhaps one of the highest numbers when compared to Indian IT players.
Will voters in Ernakulam take to the Communist MP who asked 447 more questions and took part in 162 more debates than your average MP? Will Arun Jaitley's wish come true? Krishna Prasad, the renowned journalist and Outlook magazine's former editor-in-chief, reports from Kochi.
'At the back of the courtroom the three accused sat trying to catch the drift and fathom the new, inexplicable turn the case could be taking.' 'And the consequences it might have on their lives.'
After Urjit Patel's appointment as RBI governor-designate, the bond market witnessed a sell-off, as it became evident that there won't be any significant change in stance
With the new tax slabs applicable for income earned during Financial Year 2014-15 and host of new changes in income tax returns and filing norms, this e-filing season will certainly bring in a new experience for taxpayers. Here's how
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
'When the Brexit bomb goes off, the shrapnel will wound us.' 'We will in the time-honoured tradition apply band-aids all over.' 'Those who shout the loudest will get economic relief like interest rate reduction and debt restructuring.' 'Others will go on living lives of quiet despair,' says S Muralidharan.
After a brief lull, intermittent rains lashed Chennai and its suburbs on Sunday, while the weatherman predicted more showers in Tamil Nadu over the next 48 hours.
For the convenience of people to pay school fees and municipal taxes and utility bills through an integrated platform, the Reserve Bank on Thursday proposed setting up an "anytime anywhere" bill payment system.
The best of India's brains are instead busy solving the world's problems (I deliberately exaggerate a bit to drive home the point), as our policies incentivise them to do so.
Prime Minister Narendra Modi on Saturday warned of ruin for the dishonest after the expiry of December 30 deadline for depositing scrapped currency and said they should not underestimate the mood of the country against corruption.
All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.
The centuries-old tradition of yoga is looking towards the reality television concept to increase its popularity
20 new industrial clusters will be developed in 2014-15.
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
After snapping his political alliance with the ruling National Democratic Alliance at the Centre, N Chandrababu Naidu, chief minister of Andhra Pradesh, speaks to B Dasarath Reddy on what he now has in mind.
The law minister said 20 Muslim countries in the world, including Pakistan and Malaysia, have banned the triple talaq. "Why can't a secular India do it?" he asked.
Modi's Make in India will work only if the cost of borrowing comes down.
Being a high-end bike, Yamaha YZF-R1 is supposed to be more powerful, safer and user-friendly than before.
RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Most expect the Budget to be path-breaking.
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Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.
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Taking a jibe at Mamata Banerjee over her "paper tiger" comment, Narendra Modi on Sunday said that a real tiger is one who jails those involved in the Sharada chit fund scam and gets back money of the poor.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
In leading companies in Information Age industries, the word "manager" is taking on a pejorative meaning -- something like "zamindar" -- a man who lived off other people's work and did no work himself, says Ajit Balakrishnan.
Sebi's new FPI regulation has helped attract new capital pool, up registrations.
