Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
'Gold could return 10% to 12% in the next two-three years.'
The costs of providing free vaccines are way lower than the costs of a freewheeling epidemic.
The delivery of the Tejas Light Combat Aircraft (LCA) to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets, Chairman and Managing Director of Hindustan Aeronautics Limited R Madhavan said on Sunday.
Mr Prabhu has set the railways on a course of investing big .
The city's air quality index will fluctuate between the higher end of the "poor" category and the lower end of the "very poor" category, it predicted.
Amazon's fresh investment in its India entities come at a time when the Seattle-based firm has faced losses in several of its business entities in India, such as seller services, wholesale, transportation services and digital payments, for the 2018-19 financial year.
The prime minister should trifurcate the IAS, recommends T C A Srinivasa-Raghavan.
Ebix had signed the agreement last year to acquire Gurugram-based Yatra Online for an enterprise value of $338 million (about Rs 2,327 crore) in an all-stock deal. The deal was supposed to conclude in the October-December quarter after regulatory approvals but went through several extensions, according to regulatory filings with the US Securities and Exchange Commission.
In a message to public sector banks (PSBs) that only performers will survive, the government, in an unprecedented move, has decided to allocate capital to only nine PSBs.
The flight seemed crammed with groups of friends from Delhi and Mumbai. They spoke in the accented English of the privileged, threw abuse about freely, and talked loudly throughout the one-and-a-half-hour flight. While the excited group kept up their chatter, another quieter group went about its business with just as much efficiency, says Kishore Singh.
The ropeway like system runs on electricity and driverless pods and comes down at designated stations, removing the traffic burden from congested roads.
'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (retd).
If India wants to become a globally competitive manufacturing hub, it will have to rethink the notion that the traditional SMEs will form the manufacturing backbone, argues Prosenjit Datta.
Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
Is anyone in the BJP listening -- to what Nitin Gadkari had to say, but possibly left unsaid? asks N Sathiya Moorthy.
A report on countries with best financial system in the world based on seven parameters including - institutional environment, business environment, financial stability, banking financial services, non-banking financial services, financial markets, and financial access.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
In his first comments after resigning as RBI governor on December 10 last year amid sharp differences with the government, Patel said banks indulged in over-lending, while the government did not "fully play" its role, and also conceded that the regulator should have acted earlier.
Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.
So far, nine companies have raised Rs 17,860 crore - nearly three times of last year's tally - by way of rights issues.
To mobilise private capital in the clean energy sector, the US has agreed to place a field investment officer in India apart from hosting a series of events to overcome strategic barriers in accelerating institutional and private financing.
Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
Recalling his association with Jaitley, the CM said that "I had very close association with Arun Jailey ji since 1998 when I got the opportunity to work in Atal Bihari Vajpayee government... I am deeply hurt with passing away of Arun Jaitley ji."
Staggered pull-out will help investors if the market continues to rise.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
Rohit Gawli, CEO, Lokal Kitchen, a food-tech company, tells you how to start a business from the comfort of your home.
To make mutual funds go beyond the top 15 locations, Sebi has decided to rob investors and pay the funds.
The financial and economic meltdown in G7 nations has had a negative impact on growth in India and other developing countries. Could anyone seriously believe that there is some form of financial alchemy which consistently provides returns on capital well in excess of national GDP growth rates and the major equity and bond indices over decades?
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'
Return on Equity ratio is one of the most important ratios that every investor must understand.
India is only on the starting block.
Lender to acquire 30% after existing shareholders divest stake
