'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'
Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.
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The creation of the Amul brand and its famous mascot gave a rural revolution a durable competitive edge.
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
During the meeting with Acting Deputy US Trade Representative Wendy Cutler on Wednesday,
The markets will be eyeing the amendments.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
'Jignesh Mevani has many strengths: Youth, articulation, fearlessness, proficiency with social media, political and ideological flexibility.' 'Also focus, as in targeting the BJP as the one and only enemy for now and using that justification to align with the rest,' says Shekhar Gupta.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday.
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
Tax Guru Anil Rego answers your personal income tax queries.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
'Inquiries and bookings are at quite a healthy level.'
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
Indices reversed all its losses during late trades.
Sensex eneded lower on poor perfromance by financials and IT stocks.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Narendra Modi's pay-off from relaxing labour laws would be huge.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
The fact that Tamil Nadu Chief Minister J Jayalalithaa approved an expenditure of Rs 29 crore for the World Chess Championship between Viswanathan Anand and Norway's Magnus Carlsen to be held here points to the significance the event has for the state government.
Sahara relied on a letter from bank saying the funds were there.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
It's crucial for Modi to make India an easier place to do business.
Months after take off, Durgapur airport in West Bengal struggles to stay afloat
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
From modest milk chocolate for kids 45 years ago to sophisticated dark chocolate for adults, Amul is a part of India's history.
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