'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
'If credit is not available, people will postpone buying. That's what has happened.'
With Anil Kumble's contract ending after the ICC Champions Trophy, the Board of Control for Cricket India on Thursday invited applications for the post of head coach for the senior men's team.
'Kamal Nath and Digvijaya intentionally ignored Jyotiraditya's presence'
Indian Economy poised for growth, say experts.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
Virat Kohli and his predecessor Mahendra Singh Dhoni's demand for a pay hike for the team was on Thursday accepted by the Committee of Administrators, which also took their inputs on the issue of cramped scheduling.
A plane carrying 72 people, including football players from Brazil, has reportedly crashed in Colombia. Authorities are responding to an emergency after an airplane with 72 people on board has crashed on its way to Medellin's international airport.
As many as 753 violators of the odd-even scheme were challaned on Monday, the 11th day of the car-rationing measure's implementation in New Delhi.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
Chidambaram said he was honoured that the two leaders visited him.
Officers of the three premier services -- Indian Administrative Services, Indian Police Service and Indian Foreign Service -- will now spend a minimum of two years at each posting and any exception in the form of transfers or new appointments will only be done upon the recommendation of a civil services board, according to new rules aimed at checking political interference.
Cricketer Harmanpreet Kaur, who hit a stunning 171 not out in the recent women's cricket World Cup propelling India into the finals, has been promoted as Officer on Special Duty (OSD) in the Western Railway.
The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.
Meet Anand Kumar, a government clerk who transformed into a real estate and hospitality baron.
The CAD in 2012-13 was at 4.7 per cent of GDP and in 2013-14 it will only 1.7 per cent, the Finance Minister said.
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
Finance Minister Arun Jaitley, who is meeting state finance ministers on Thursday to garner support for the Constitution Amendment Bill for a goods & services tax (GST), is likely to immediately dole out about Rs 13,000 crore (Rs 130 billion) in Central Sales Tax (CST) compensation to states.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
Suresh Prabhu announced ambitious plans.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
By creating groups of secretaries, the Modi government has precluded the need for groups of ministers, which were so ubiquitous in the first decade of this century in New Delhi. Each group will have a leader who will be expected to steer the schemes for implementation, cutting through the ministerial turf battles.
The RBI has also been asked to consider displaying this information on its website.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
'NSCN-IM leader Muivah warns that the NSCN-IM has come very close to an honourable solution to the peace process with the Government of India, but if it does not materialise, then the Nagas will go away so far that it would be difficult to bring them back to the negotiating table easily,' note Sandeep Pandey and Meera Sanghamitra.
The members approved the recommendation of the BCCI's affiliation committee to grant full member status to Chhattisgarh State Cricket Sangh, which will be part of Central Zone for all BCCI tournaments.
Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
'At a time when the economy is depressed, a pandemic is raging, and the Chinese are making noises on the border, the NRC could be resuscitated.'
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
The Panama verdict will decide how Pakistan handles its leadership problems.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
The Sensex ended in red on domestic concerns.
Everyone wants a piece of the Taj Mahal, but do they care about the deteriorating condition of India's best-loved monument
Pune, the city that made it to second spot in the Smart City Challenge competition earlier this year, is not new to the concept.
The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.
Measures may include tax slab and rate revisions for individuals, companies.
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