Nasscom President Som Mittal welcomed the extension and said that though the industry had asked for a five-year break, for short term, the one-year tax holiday is well-timed to tide over the slowdown. The country's second largest software exporter Infosys, however, said, the impact is limited as most STPs would have come out of tax holidays but it is a good gesture of the government.
Rediff readers share their best travel memories.
Gary Kirsten, feels that Duncan Fletcher played a 'huge role' during his four-year tenure.
India first upset England's good work of the first three days riding on Sehwag's belligerence and Tendulkar-Yuvraj's calm association to chase 387, the highest on Indian soil. In less than a week, South Africa registered a historic win, chasing a Herculean 414 batting fourth and rocked the foundation of Australian supremacy.
Whether they're capturing panoramic views of tulip fields or snapping thrilling images of cliff divers plunging into the sea, one thing is for certain: Drones can take awesome pictures.
The actor uploaded a video of her doing pranayama on Instagram on Yoga Day.
Let's journey with Parineeti Chopra to Australia!
Ex-golfer Greg Norman and tennis legend Chris Evert were married on Saturday in a seaside ceremony held under a veil of tight security on Paradise Island in the Bahamas. Evert and Norman, both 53, exchanged vows in front of 140 family and friends, including US television personality Matt Lauer and singer-songwriter Corey Hart.
As the Indian team gears up to take on the West Indies in the first Test in Antigua, a look at what some of the players have been up to on social media.
'This happened five blocks from my home. As I drive back home from work, dreary sirens remind me that this is the state of the world,' Priyanka Chopra tweets.
For 102 survivors of the 63-year-old Nagasaki-Hiroshima bombings, who are currently on a global voyage on a 'Peace Boat', it is still a daily battle in their sunset years as they continue to grapple with various ailments caused due to the nuclear radiation. The survivors are on a three-month global journey on board the Japanese vessel--Peace Boat--to share their experiences.
The US slowdown coupled with rupee appreciation, talent crunch and rising salaries, and the 2010 sunset clause on tax holiday for IT firms, is putting knowledge process outsourcing firms in a bind.
Have a look at these photos taken from the incredible world we live in. These are the winners of the Wildlife Photographer of the Year competition 2020.
Want a detox from the city crowds? Visit Dharamkot and watch the glorious sunset!
KPS Menon (Jr) had a quiet humility and playfulness, and was not motivated by money or power, recalls Ambassador M K Bhadrakumar.
Locals drove Das to a hospital in nearby Mirpur Mathelo where he was treated for his wounds.
From Dudhwa to Veppathur and Havelock Island, the Indian tourism market is booming like never before.
Riding solo from the Arctic to the Andes exposed him to a variety of people and cultures while allowing him to connect with himself, Dhruv Bogra tells Amrita Singh.
A glimpse of the 854 (Rs 77,400)-a-night safari where the British royal's love blossomed with the American star.
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
'I am a gadha (donkey)! But God has been on my side and I have managed to produce players,' Dronacharya Awardee Merzban Patel tells Laxmi Negi/Rediff.com.
With regards to continuing the anti-dumping duty on import of raw silk from China, the Commerce Ministry has ordered a sunset review investigation by the Central Silk Board in the matter. In face of the pending investigation, the duty has been extended for another year up to January 1, 2009. The silk growers in Andhra Pradesh, Karnataka, Tamil Nadu, West Bengal and Jammu and Kashmir are concerned that this exercise may lead to opening up the silk imports from China.
Exploring the country like never before.
A bill seeking to scrap a set of 295 obsolete Acts dealing with several issues including changes in marriage laws and cement hoarding was on Thursday passed by Lok Sabha which continued to witness boycott by Congress and several other opposition parties.
A partial solar eclipse will be seen in India on Friday while the north-eastern parts of the country will see quite a large fraction of the disc of the Sun, eclipsed by the Moon.
National Geographic's new travel photography competition is entering its third week and is attracting stunning pictures from across the globe. Some of the jaw-dropping pictures show the famous "Firefall" of Yosemite National Park to a sunset at the Taj Mahal. The annual competition is accepting entries until May 3 at 12pm and asks for pictures in three categories: nature, cities and people.
Duty cut on raw material imports are not likely.
The quake occurred in the early evening after sunset and was the second powerful temblor on Lombok in a week.
Readers share their most memorable photographs!
Dior unveiled its Cruise Collection 2018 in the wilderness.
Serbia's Jelena Jankovic said she feels ready to take retired Justine Henin's French Open title and her world number one slot after winning the Italian Open for the second consecutive year on Sunday. Jankovic beat France's Alize Cornet 6-2, 6-2 in the final to claim her sixth career title.
Devaswom sources said they were planning to apprise the high court of an earlier supreme court verdict on conduct of the Pooram festival.
'I'll keep painting as long as I'm alive,' Madhvi Parekh, one of India's most influential painters, tells Rajendran Pottayil in New York.
'The government expects demand for electronic products to reach $400 billion by 2023-24. This would be a huge foreign exchange outflow, which may further widen our trade deficit with other nations. Hence, the government plans to push local electronics manufacturing to cut down on their import bill.'
Share your memories of Anil Kumble - your meetings with him, your encounters in public spaces, your anecdotes, photos, even videos. Tell us.
Travellers Jack Morris and Lauren Bullen tell you how to perk up your relationship while on the go.
Readers share their best #India-Photos. You can too! Post them on ZaraBol and we will carry the best ones right here on Rediff.com!
Home favourites Talita Antunes and Larissa Franca will be out to prove American Kerri Walsh Jennings's dream of a fourth successive Olympic gold is built on sand when beach volleyball returns to its spiritual home at the iconic Copacabana beach.
Balraj Bahri Malhotra and Ram Advani's passing signals the sunset of the era of the many booksellers across India who came over after Partition.
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