Drishyam 2 scored huge in the first two weeks and then in the third weekend, it has added around Rs 25 crore more.
The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday. Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting in Davos, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school. "A one-off tax on unrealized gains from 2017-2021 on just one billionaire, Gautam Adani, could have raised Rs 1.79 lakh crore, enough to employ more than five million Indian primary school teachers for a year," it added.
To be produced by Madhu Mantena, the three-film trilogy will be made at a whopping cost of Rs 750 crores (Rs 7.5 billion)!
The interim dividend will help Narendra Modi-led government partly bridge the deficit its budget had developed after the announcement of a Rs 75,000 crore a year cash dole scheme for small farmers.
With recent rate cuts, November collections could be even less
Total disputed liability of Mallya with respect to service tax to the tune of Rs 535 cr
According to the latest Budget papers, the staff strength of central ministries and departments is estimated to rise by 276,796 to 3.44 million at the end of FY23, it would be up by 109,266 to 3.55 million in March 2024.
Shah Rukh Khan is on a promotion spree for his home production Ra. One
The budget for the 'Shiv Smarak' has risen 35 times since it was first conceived.
Cement companies witnessed speculative support from investors through FY23 amid hopes of a rebound. After capex announcements in the FY24 Budget, there was further interest due to expectations that government expenditure would boost earnings, besides a generic macro-recovery. Cement earnings were under pressure in FY22 and FY23 due to high raw material and fuel costs; muted demand prevented them passing on the higher cost.
Govt could cut the GST rate payable every time someone buys a health insurance product; or it could also provide a larger income tax set off for those who buy a health insurance product
IDS-2 and raids to uncover black money stash keep receipts flowing
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
The 14th Finance Commission had recommended that states' share in the divisible tax pool be raised to 42 per cent, from 32 per cent earlier.
The revised estimated expenditure for FY20 has been pegged at Rs 26.99 lakh crore and receipts at Rs 19.32 lakh crore, she said.
The Centre's fiscal deficit fell by 42 per cent to Rs 90,915 crore (Rs 909.15 billion) during April-July, 2010, year-on-year, on increased revenue receipts from the auction of 3G spectrum.
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.
'Kartik is an outsider, so he takes nothing for granted. That's why he will do well.'
Wheat will be now be sold to the schemes at Rs 2 per kg, while rice would be given at Rs 3 per kg.
Elections may be a few months away, but the government may get into election mode much earlier than that, predicts A K Bhattacharya.
Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over $45 billion in the current fiscal, Finance Minister P Chidambaram said today.
Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.
Legislators are said to be miffed and have complained that they had not been able to get work done in their constituencies, and also transfers (of Government servants) as requested, and have expressed unhappiness regarding Ministers, alleging non-cooperation.
Chief economic advisor V Anantha Nageswaran on Tuesday said Indian economy will grow at over 7 per cent, down from above 8 per cent of growth rate projected in January. He, however, said that the economic momentum and the animal spirits are "unmistakable". "India's own growth rates have come off the projections made in January down to about 7-plus per cent for the current financial year," Nageswaran said speaking at Global Fintech Fest event in Mumbai.
Tax exemptions to corporates result in revenue loss to state exchequer in 2014.
Income will be higher as spectrum in 2,100-MHz band will also be auctioned
Pegging the cost of the covid-19 lockdown at USD 120 billion (approximately Rs 9 lakh crores) or 4 per cent of the GDP, analysts on Wednesday sharply cut their growth estimates and stressed on the need to announce an economic package. The Reserve Bank of India (RBI), which is scheduled to announce its first bi-monthly policy review on April 3, is set to deliver a deep rate cuts and it should also be assumed that the fiscal deficit targets will be breached, analysts said.
The deficit represents 39.7 per cent of the estimate for the current financial year.
The excise duty collection grew by 81 per cent in first quarter against the budgeted 21.7 per cent.
While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.
The robust revenue collection reinforces hope of a good economic performance in the third quarter of financial year 2020-21 after the surprising pickup seen in Q2.
Sugarcane dues accruing to farmers rose to almost Rs 21,321 crore as of May 2021. Of that Rs 18,820 crore is for the cane supplied in the current season, which will end in September, while the remaining Rs 2,501 crore is from previous years. Of the pending sugarcane dues of 2020-21, almost 63 per cent accrues to the poll-bound state of Uttar Pradesh. The remaining are from Maharashtra and others.
Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.
The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.
Finance Minister Arun Jaitley has announced an allocation of Rs 200 crore (Rs 2 billion) for building Sardar Vallabhbhai Patel's statue in Gujarat.
As per the budget document presented in Parliament, public sector enterprises, including banks, are expected to contribute Rs 88,188 crore in the form of dividend and profit to the government in the current financial year.
The poll promise is an attempt to woo the middle-class and rich voters in the wake of the party's growing unpopularity.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent