Hotel companies, which have experienced substantial share price gains in the past six months, are not only expected to post robust revenue growth in the seasonally weak July-September quarter (second quarter, or Q2) of 2023-24 (FY24), with the trend continuing in the second half (H2) of FY24, but according to some analysts, they will also benefit from a structural uptrend in progress. To begin with, larger players in the listed hotel sector are expected to report strong growth in Q2 compared to the year-ago quarter. Led by higher demand from the business segment, the sector is expected to achieve a growth rate of 15-30 per cent.
Income Tax department has sought prosecution powers in the proposed Direct Taxes Code for taking effective action against tax evaders.
ICC CEO Haroon Lorgat said the BCCI never tried to arm-twist the governing body on the matter and the ICC did not consider it either even though gaps have been left in the Future Tours Program for most nations during April and May for the eight-year period from 2012-20.
The government is working out a scheme that will facilitate finance for the auto component industry hit by economic slowdown and increasing competition from abroad.
The ICC on Tuesday, the third day of its annual conference in Hong Kong, left gaps in the FTP for most nations during April and May for the eight-year period, 2012 to 20.
Pakistan wants ICC to regulate growth of T20 leagues
India are scheduled to host Pakistan for a Test series in 2013, the first time after 2007, according to ICC's draft Future Tours Programme which will be finalised in the world body's annual conference in Hong Kong starting on Sunday.
The International Cricket Council has asked its member boards to ensure that visiting sides get to prepare in playing conditions at par with the ones provided to the home team, emphasising on net bowlers and training pitches.
He said the new short-term treasury bills will be part of the government's same borrowing programme. To meet its burgeoning expenditure, necessitated by the slowing down economy, the government has pegged its market borrowing at over Rs 4.5 lakh crore (Rs 4.5 trillion) for the current fiscal, bulk of which is being raised in the first half.
Addressing the first annual conference of the chief secretaries, Singh reaffirmed Centre's commitment to assist States in everyway it can.
The percentage of population below the poverty line has certainly not increased, says Prime Minister Manmohan Singh.
Evils like caste discrimination and untouchability have to be done away within society, he said.
Alert: Mumbai University's annual convocation
Former BCCI chief Sharad Pawar will take over as International Cricket Council President on July 1, becoming the second Indian, after Jagmohan Dalmiya, to occupy the top post.
India's first-ever Olympic medallist in women's boxing Mary Kom has been honoured with the Global Indian Icon of the Year award at the annual UK-India Awards in Windsor.
Bikers performing stunts. Fibleglass sculpture. Visual artists. White crested black bantam chicken posing for a photo.
Hoping to meet the indirect tax collection target this fiscal despite a negative trend in the first four months, Finance Minister Pranab Mukherjee on Tuesday ruled out tax cuts to tackle the drought faced by nearly half of the country.
Prime Minister Dr Manmohan Singh has called for speedy implementation of various welfare schemes, which target the weaker sections of society.
Farmers have either dropped or delayed sowing of summer crops due to poor rains.
What some of our leaders were up to on the first day of November...
On the third day after Rahul Gandhi's disqualification from the Wayanad seat, Youth Congress was organising a night march.
While the IITians are looking back at their motherland to give back, Aneesh Chopra feels they should also look around them in America and figures out best ways to harness the energy and creativity especially in areas that look like wasteland.
FM has asked brokers to exercise self-regulation for capital markets and also advised them to corporatise. He has commissioned a World Bank study to suggest an effective model for India.
India could lose out on hosting the 2021 Champions Trophy if the government doesn't allow tax exemption on the event.
The child's mom continued to sob and pray. The Vistara staff was valiantly standing by offering as much assistance as they were capable of.
"We have to constantly upgrade our military and economic capabilities," the minister told army commanders while referring to relations with China as he opened the five-day top army commanders bi-annual conference in Delhi. His remarks are significant as the minister has just undertaken a major tour of the Sino-Indian frontier in Arunachal Pradesh.
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
Today, NRIs are eager to reconnect with India because India is a growth story and it makes good business sense.
'No Cold War should be reignited and no Ukraine-style crisis should be repeated in Asia'
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
The International Cricket Council failed to reach a decision on taking any action against the troubled Zimbabwe board at its annual conference in Dubai on Thursday. Divided over calls to suspend the Zimbabwe board, the ICC executive board pushed the debate into Friday after failing to find a solution at the end of its scheduled two-day meeting.
'Countries around the world are like passengers aboard the same ship. For the ship to navigate the storm and sail toward a bright future, all passengers must pull together'
New techniques in medicine makes organ transplantation easier
The ECB chairman will succeed acting ICC president Ray Mali till 2010 after a compromise deal struck with BCCI president Sharad Pawar.
Ray Mali has been appointed acting president of the International Cricket Council following the death of Percy Sonn last month.
'When I was toying with 10 different ideas, my father was diagnosed with lung fibrosis and his condition deteriorated so badly that we lost him in six months. He was very unsatisfied with the lack of proper diagnosis.' 'It made me think will anyone do a biopsy if there is no symptom? Why is it that we do not have any non-invasive diagnostic method?' 'This idea was the strongest out of the ten, and with Snahlata Singh with her cancer biology background joining me, the idea got a real boost.'
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