Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.
Acquisitions may have played a role in much of the increase.
Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.
Bharti recorded $5 billion liability for past-due AGR fees, but is still completing its self-assessment to determine the final amount.
Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.
Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.
At present, 70% of the mobile handsets sold in India are imported.
Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.
Governor Acharya Devvrat administered the oath to 10 cabinet ministers and 14 ministers of state, including five ministers of state with independent charge.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Dealers say the significant increase in sales was driven by a need to plug the diminishing inventory as most dealerships were transitioning from BS-IV to BS-VI when the Covid-19 lockdown was announced.
Even if it wants to censor what you read, watch, or consume, the amount of content online is so huge that it is physically impossible for any government to do it, notes Vanita Kohli-Khandekar.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.
Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.
Gautam Gambhir launched a scathing attack on Bishan Singh Bedi after Navdeep Saini's dream debut in international cricket.
The only way for Dravid to sort out the mess was by forcing a showdown and getting Chappell removed as coach. That possibility was remote as Dravid neither had the ears of the BCCI nor was he the sort to confront knotty issues head on. A fascinating excerpt from Pradeep Magazine's Not Just Cricket: A Reporter's Journey through Modern India.
'We are working on having the IPL in India and we are hopeful that we would be able to organise it'
Raman was removed by Lal and Naik's CAC, which reinstated Ramesh Powar, who was removed from the same post in 2018.
Kapil Dev's historic World Cup win wasn't the only highlight of 1983. Sukanya Verma looks back how the year treated Bollywood.
Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.
PSG make winning start as Messi arrival looms
Over 300 associations, that consists of over 3 lakh manufacturers, retailers, wholesalers and artisans among others, are participating the nationwide stir.
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
'I am still very passionate to go out there, be there in the middle and win games for India. I know there is still room for improvements in terms of my batting and that is something I am working on... There are certain dimensions I would like to add to my batting...'
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
'We will see footfall returning to pre-COVID levels by January.'
Association will write a letter to Finance Minister Arun Jaitley to demand a rollback.
The subsidy will be credited to bank accounts of farmers against cane price dues and are compliant with WTO norms. This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka.
'No amount of Sivamani's finger-snapping music can shake off the bechara burden Lydian Nadhaswaram's real-life piano prodigy is forced to carry,' notes Sukanya Verma.
Deepak Kumar and Divyansh Singh Panwar finished a lowly 26th and 32nd respectively in the men's 10 metres Air Rifle event of the Tokyo Olympics on Sunday
It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.
At 70 minutes long, London Confidential is a crisp watch, notes Joginder Tuteja.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
The industry is estimated to have incurred a loss of Rs 10,000 crore (Rs 100 billion).
Finance Minister Arun Jaitley in the Budget for 2016-17 had proposed 1 per cent excise duty on jewellery without input credit or 12.5 per cent with input tax credit on jewellery.
International and Indian airlines are refusing to refund cash and giving credit that can be used later.
A frustrated Sheldon Jackson called for transparency from the national selectors after he was ignored from the India 'A' and Duleep squads despite consistent performances in the domestic circuit last season.