Reducing it to 1.3% would lead to savings of Rs 70,000 crore over 5 years
Launches and sales of house property have seen a continuous drop.
If you're looking for immediate returns, it is unlikely to happen in today's environment
Thirty years after the massacre at Tiananmen Square, coerced collective amnesia envelops the Chinese nation about that horrific event. Claude Arpi glances back at how the student uprising could have changed the Middle Kingdom forever had the Chinese Communist party not traveled on the route of martial law.
The party, in a resolution adopted at its 84th plenary session, accused the National Democratic Alliance government of pursuing a foreign policy "bereft of focus and direction".
The party president also said that India's self-confidence, pride and scale of ambition have grown manifold in three years.
'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
Vastu Housing Finance is trying to leverage technology to distinguish itself in a crowded space.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
Union Home Minister Amit Shah on Monday said the government has no other option but to extend President's Rule in Jammu and Kashmir as the Election Commission wants to hold assembly elections in the state by the end of 2019.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Tailored luxury experiences with the most minute of details charted out for discerning travellers is the way forward, says Nikita Puri.
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Sebi keen to attract larger number of retail investors
News of all that's transpired on and off the football field
Manchester United manager Ole Gunnar Solskjaer is eager to build his team around midfielder Paul Pogba despite media speculation linking the French World Cup winner with a move away from Old Trafford.
The lock-in would be for a period of six months.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
Hails country's recent digital highways and predicted India to become digital content capital of world.
All India Anna Dravida Munnetra chief V K Sasikala on Wednesday visited the memorial of J Jayalalithaa and the Ramapuram residence of party founder M G Ramachandran before leaving for Bengaluru to surrender before a court.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
US start-ups crash and burn frequently, so why the concern about start-up losses in India? The principal reason, says Kanika Datta, is that Indian start-ups clone ideas from the US. Flipkart, Ola, Oyo, Paytm are all variations of ideas developed in the US.
The results are a ringing endorsement of Modi's popularity, his government's achievements in the last five years and his campaign, which centred around national security, nationalism and Hindutva.
The deal with Iran does not address any of the major issues thrown up by Tehran's ambitions, says Claude Smadja.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
IndiGo is arguably more a financial services company than airline.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
'The moment the BJP loses a state, it announces some policy which never takes off.'
According to the amendment adopted by nations, developed countries will reduce HFCs use first, followed by China along with a large number of countries.
A summary of sports events and sports persons, who made news on Tuesday
The inaugural European Games has won over the doubters, even with low profile athletics and swimming events.
Hours before the meeting, Prakash in a letter to Kejriwal, said he would attend it to discuss important budget matters, assuming that the chief minister ensures 'no physical attack and verbal assault' on officers attending the meet.
Modi government must fix policy paralysis.
Company feels automation is a big tool to drive down costs and improve efficiency
The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.
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