Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
There was no law or autonomous body governing digital content in India so far. Now, OTT and other platforms, including digital news websites, are expected to fall within a governmental framework of rules and regulations.
The rules, the first ever for software applications in the country, were recently issued by the patent office and mandate each new software to be 'machine-specific' and packaged with 'new hardware' to qualify for a licence.
'Clearly, the depositors of cooperative banks need the maximum protection.'
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
The Lok Sabha has already passed the Bill.
The party will soon set up a team of around 500 members to increase funding.
Your opportunity to earn higher interest by keeping more than Rs 1,00,000 in your savings bank account might soon be limited.
The CBI has shared its findings with the Enforcement Directorate.
Committee set up by state govt considering reduction in rates
India and the US also agreed to support the efforts of the Harvard Business School and the Indian Institute of Management Ahmedabad to develop a cluster map.
Here's everything you need to know about the Goods and Services Tax Bill.
First, the Insolvency and Bankruptcy Code, much-lauded as a game changer, needs serious reform. Second, some vital policy choices would need to be made as far as competition law is concerned., says Somasekhar Sundaresan.
Bank unions - officers and workmen - had buried their differences and sat across the table on August 29 to work out a fresh deal with the IBA involving a 20 per cent wage hike.
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
'If you wish to expand your business in a competitive global environment, you have no option but to be ethical.'
The draft report of the committee contains 27 suggestions for amendments under the I-T Act and eight for reform through administrative instructions.
Besides opposing the suspension of three medicines, the sector has also questioned the process adopted by the government.
With a sole mandate of inflation targeting, RBI wears many hats.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
'Willing to spend is different from when to spend and how much to spend'
'The decision of August will have to be taken back. This is our resolve. When it will happen, how it will happen, the judge of our case are the people of this country.'
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.
Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country
The government does not seem inclined, at least in the petroleum sector, to effect sudden and steep upward price revisions to tame its huge subsidy burden and rein in fiscal deficit.
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
The US economy added 160,000 jobs in April, extending the longest streak of private-sector job growth on record.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
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