The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
As India progresses towards formulating its own model of theaterisation, the public must get involved in the debate because in the end, it affects the well-being of the entire nation, asserts Biswajit Dasgupta.
Pearls for summer? Of course, say celebs.
Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.
Announcing his tax reforms Trump said his policies would benefit working families.
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
The Union Territory of Ladakh created history by successfully conducting its maiden 21-km trail running event in sub-zero temperature at 13,862 feet high Pangong Tso.
The Supreme Court, which is hearing cases through video-conferencing since March last year due to the COVID-19 pandemic, will commence hybrid physical hearing from March 15.
Athletics and boxing are the two important disciplines whose national camps are being held at NIS, Patiala.
'While the Budget would be growth-friendly, it would not come at the expense of an increase in the fiscal deficit.'
The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.
On Tuesday, the AIIMS also issued a statement that the e-hospital data has been restored.
'You may see some movement indicating a simpler tax regime with less exemptions but with fewer tax rates making life simpler for taxpayers.'
The state's revenue receipts might not afford various freebies announced by the parties, unless revenue deficit and hence fiscal deficit is widened.
The Arvind Kejriwal-led AAP criticised the move, claiming the BJP was promoting curbs on the free will of citizens.
Shooting of films and TV serials can be started using these SOPs issued in the wake of the COVID-19 pandemic, the minister said.
Maharashtra CM Uddhav Thackeray said cinema halls and drama theatres in the state will be permitted to operate from October 22 on the condition that they follow all the protocols required to prevent the spread of coronavirus.
Dismissing his Assam counterpart's claim, Meghalaya Chief Minister Conrad K Sangma on Tuesday asserted in the assembly that Mukroh village on the disputed inter-state border, where a violent clash claimed six lives last year, is a part of the hill state.
While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.
As rural areas see a rise in COVID-19 cases, the Centre on Sunday issued new guidelines for containment of the virus advising that peri-urban and rural areas plan a minimum 30-bedded COVID Care Centre for asymptomatic cases with comorbidities or mild cases where home isolation is not feasible.
Opposition Congress targeted Bengaluru South MP Tejasvi Surya, amid reports that the passenger, who accidentally opened the emergency exit of the plane was the Bharatiya Janata Yuva Morcha chief.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
The Bharatiya Janata Party's comprehensive defeat to the Congress in Karnataka where the two parties ran a campaign of contrasts has left the ruling party much to ponder as the two rivals are facing a direct contest in three more state polls this year in the run-up to the all-important 2024 Lok Sabha elections.
The SAI has formulated a detailed draft of the Standard Operating Procedure (SOP) to be followed before reopening of its training centres by the end of this month, as suggested by Sports Minister Kiren Rijiju but subject to clearance from the Health and Home ministry.
REITs, a new investment avenue in India on the lines of one in developed markets like the US, UK, Japan.
The Sports Authority of India (SAI) on Monday said it has decided to close its 67 training centres across the country due to rising COVID-19 cases but national camps for elite athletes will continue in bio-bubbles.
"The Congress have gone and made promises in Punjab, Rajasthan and Chhattisgarh that they never fulfilled," Rajeev Chandrasekhar claimed.
Kiran More has tested negative thrice in RT-PCR tests after completing his isolation.
Temples and other religious places of worship were closed for darshan since March 24, when the state government enforced a total lockdown. However, the government permitted all religious activities including daily puja in the temples by the priests.
The party workers recall that in the run up to the assembly elections, Chief Minister Arvind Kejriwal and other AAP leaders had in their interactions with voters during poll rallies had duly emphasised upon various Delhi government schemes, providing for a host of services to people either free of cost or at a highly subsidised rates.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
Observing that MSME sector plays an important role in the growth of the Indian economy, RBI said the restructuring of the borrower account has been extended by further one year to March 31, 2021.
The SOPs, issued against the backdrop of the government's plans to open up the economy, say an entire office building need not be closed if one or two cases of COVID-19 are reported there and work can resume after disinfection as per the laid down protocols. However, if there is a larger outbreak, the entire building will have to be closed for 48 hours and all the staff will work from home till the building is adequately disinfected and is declared fit for re-occupation, the ministry said in its 'SOPs on preventive measures to contain spread of COVID-19 in offices'.
India also slammed Pakistan Prime Minister Shehbaz Sharif for raking up Jammu and Kashmir at the UN.
After the Maharashtra government revised the guidelines on quarantine for international passengers in view of concerns over the Omicron variant, the Centre on Wednesday asked the state to align its order with the SOPs issued by the Union Health Ministry.
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
Narinder Batra said that the government is supporting all sports in the country and there is a lot of positivity among players and they want to get back on the track.
At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.
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