While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.
But Indian information technology workers might do better without the companies that held them back, says Mihir S Sharma.
The Bill will make it tougher for workers to go on strike.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The prime minister highlighted the gains made during his last four years vis-a-vis the previous governments to suggest that he has lived up to the promise of hope he had offered to the electorate in 2014.
From selling 14,000 Jeeps in 1973, we slipped to selling just 7,000 vehicles within just three-and-a-half years by 1976.
Chairman of Manipal Global Education Services says that the government often forgets that its prime duty is to serve the people and not some sick public sector units.
PSLV C-29 blasted off from the Satish Dhawan Space Centre, about 110 km from Chennai, at 6 pm and released the six satellites one by one into a 550 km circular orbit.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
India must change approach and have better access to networks to fulfil its digitisation dream.
"U-turn minister" Parrikar had publicly promised, when he was chief minister three years ago, that no more Goa land would be handed over to the Centre.
Indian economy about to take-off
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Tailored luxury experiences with the most minute of details charted out for discerning travellers is the way forward, says Nikita Puri.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
While political observers are unable to make head or tail of the US President, those moving in high business and industry circles tell B S Raghavan that Trump's style is exactly that of an aggressive and successful businessman.
This visa issue had gotten so embarrassing that former Defence Secretary William Cohen, now a member of the US-India Business Council's board of directors, who was presiding along with Ambassador Nirupama Rao at the launch, had to prevail upon Secretary of State John F Kerry and get the visas okayed.
'As a society, we are very intolerant to failures which is contrary to entrepreneurship because all entrepreneurs will not succeed.'
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
Yes, if you follow certain safety measures, says Shruti Puri. Here are some rules you must follow.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
'Let us hope that with Nandan, like Cincinnatus back on his farm, taking over the reins, Infosys will not only regain its vigour and momentum, but vastly improve upon its achievements as a global player,' says B S Raghavan, the distinguished civil servant.
In most cases, the payback on energy saving projects offered by GIBSS are between one and three years.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The replacement hired for women dropping out is invariably a man
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
ATS officials seized a cellphone and Rs 71.57 lakh in cash from the house of Qureshi,
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
Govt assurances fail to cut ice with Jat leaders as agitation intensifies, Maruti halts production at two plants; highways, railway lines blocked
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.
The Lashkar-e-Tayiba operative also revealed about his training while he deposed in front of a Mumbai court via video link.
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