The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
Income velocity based on currency with the public went down from 0.93 in October to 0.84 in March says a report from SBI's economic research department
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
Govt resists pay panel suggestion on scrapping allowances for acting, bad climate, family planning, funeral, robe maintenance and even hair cutting.
DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas
The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
L'Oreal set up a second factory recently in Baddi, HP for hair colour.
Chartered flights may increase 34% from last year as more Russian tourists come calling.
North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings
Pushing people to litigation is a major source of tax uncertainty.
Exports had risen over 11 per cent in July, year-on-year.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
Riding on e-commerce wave is the youngest state, which faces competition from neighbours.
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.
A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.
The new Companies Bill will boost such spending by both public and private companies. Praful Patel, Union minister for heavy industries & public enterprises, speaks to Business Standard on the issue.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ways on how consumers can maximise benefits.
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In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.
The White House and the Indian-American community are solidly backing the nomination of Neera Tanden as the director of Office of Management and Budget, describing her as the most appropriate candidate to hold the position.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
Surat-based company in talks with banks, insurance cos, manufacturing cos etc for their iris scanner machine.
Tele/video-consults have been effective for patients requiring post-hospitalisation follow-up, especially if they are from outside the city; patients with chronic diseases that need periodic monitoring; and pregnant women who require routine checkup with minimum exposure.
Modi government has to come up with a robust economic agenda to impress the masses.
UAE's promise of $50-bn investment in Indian infra won't be included.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
India believes rich nations should be away from farm subsidies.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
The delivery channel of India Post is being utilised primarily for small towns and cities.
If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS.
The government can seek details from sellers such as sources of funds while buying.
Former Dabur director gave sketchy details of investors and his employer after two years of tax summons.
A day before the end of the fourth phase of lockdown, the home ministry on Saturday issued new guidelines for the phased reopening of all activities outside containment zones till June 30.
This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.
The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
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