Realty plans hit roadblock; delay could hit modernisation
CBEC has said a duty-free shop in a Customs area should not be treated as a warehouse.
.jpg)
The ministry's move to intervene in the matter comes 20 days before implementation, after broadcasters complained they would suffer huge loss because digitisation was still in the first phase across the country.
Thailand authorities on Tuesday launched a hunt for a male "suspect" who may have left a bomb inside the hugely popular Lord Brahma temple in a crowded area in central Bangkok that killed at least 20 people and injured 123 others.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad
A new paper by blames 'jobs deficit' for the decline in female labour force.
Robert Vadra's land deals in a village in Haryana have returned to haunt the Congress party, with whistleblower IAS officer Ashok Khemka alleging that Vadra "falsified documents" for 3.53 acres of land in Gurgaon and "pocketed" a large premium on a commercial colony license.
According to the report, export-oriented sectors like IT services, pharmaceuticals and textiles will, in aggregate, report EBITDA margin expansion of nearly 100 bps, while margin is likely to decline by about 50 bps for other sectors during this period.
Liberty Media, the US firm that completed a takeover of the sport in January, immediately identified digital as an area ripe for development as it seeks to tap lucrative new revenue streams and give fans more of an experience.
Delhi Development Authority's land deal to Reliance Industries throws up larger issues of governance.
Even two-and-a-half years after the National Democratic Alliance came to power, people remember the previous United Progressive Alliance regime for corruption, Finance Minister Arun Jaitley said on Thursday, asserting that demonetisation would go a long way in curbing black money.
Extensions of H-1B visas have become even tougher, in particular if the employee has been on a bench for any part of their previous duration.
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
'In being dismissive of Naveen, his colleagues showed incredible naivety.' 'On the few occasions that he put his foot down, the overconfident party leaders, who believed they were using him and not the other way around, failed to read the signs of what was to come.'
Congress President Sonia Gandhi, and Vice President Rahul Gandhi were on Thursday summoned by a local court as accused in a criminal complaint lodged by BJP leader Subramanian Swamy for alleged cheating and misappropriation of funds in acquiring ownership of now-defunct daily National Herald.
Zuckerberg appeared on a video to personally promote Free Basics.
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
'When Pinnacle Trust bought the stake of Supreme Energy, it included a liability of Rs 640 million. The purchase was at a fair market value (prevailing price) of Rs 8.80 per share,' Deepak Kochhar said in a telephonic conversation with Business Standard.
RBI has already come out with a discussion paper on banking sector in India, on which the regulator has invited comments from stakeholders.
The Opposition in the Pakistan Punjab assembly on Tuesday staged a walkout to protest against Saeed's detention.
These three recipes by Pamela Timms will make for the perfect weekend treat.
Malaysian authorities are probing new information that the missing plane with 239 people on board dropped to an altitude of 5,000 feet or possibly lower to evade radar detection after it turned back midair.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
M&M also showcased its new format next generation 'dealership of future' designed by Pininfarina.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
Every class of passenger travel, except three-tier AC, loses money.
In the 2015 bypoll in the same RK Nagar seat, she had declared total assets of Rs 117.13 crore.
New Zealand Cricket has backed the proposed changes in the ICC's administrative structure, which would leave major decision-making in the hands of India, Australia and England, despite facing severe criticism from the country's players' association.
Groundbreaking HIV researcher Dr Suniti Solomon, the first to bring to the world the prevalence of the infection in India in 1986 and one who successfully led research into the treatment of the deadly virus, passed away at her residence in Chennai on Tuesday.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses, points out Somasekhar Sundaresan.
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
Anti-GM voices have inadvertently spurred farm scientists to support the use of gene manipulation for producing stress-resistant crops.
'Smart' Gandhinagar is now wired to the future, becomes India's first smart city; launches citywide WiFi services, smart streetlights, speed and face recognition surveillance.
