The time the companies have to get ready for GST is 6 to 12 months.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
'GST had to come close on the heels of demonetisation as part of the same package.'
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Here's your weekly digest of bizarre moments from around the world.
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Rohan Murty was speaking at the 50th anniversary symposium of the computer science department at Cornell University.
Experts say poor city planning and inefficient administration turned an unusually high rainfall into a disaster.
The government is open to reviewing all cases of blacklisted defence firms on merit and has partially lifted a ban on Tatra trucks as it prepares a new policy that will allow foreign defence firms to legally hire agents, Defence Minister Manohar Parrikar said.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Private sector firms need to be re-engaged for better infra planning.
Ajit Balakrishnan rewinds to a decade when mobile phones were unheard of and when an IIM degree had a different purpose and value.
The year 2014 alone witnessed 2.37 lakh road accidents on national and state highways across the country which had left at least 85,462 people dead and 2.59 lakh injured.
'Coordination between our 50 teams, each with a strength of 45 men, played a key role in rescuing flood-affected people in Chennai. In all, we succeeded in rescuing over 20,000 people.'
With the threat of disease outbreak lurking in flood-ravaged Jammu and Kashmir, efforts have been initiated on a war-footing to provide medical staff and medicines even as rescue operations were slightly hampered on Sunday due to return of rains in the Valley.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
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Ayurvedic expert Dr G G Gangadharan on how the ancient Indian medical practice needs to be propagated in the country of its origin
Kamal Haasan's unrivalled make up skills, Jack Nicholson's haunting imagery, Asha Parekh's life as a Hit Girl and the surprise package of Beauty and the Beast, it's all there in Sukanya Verma's super filmi week.
The IPCC has blamed man-made emissions for warming of the globe and long term climate change. Limiting climate change, therefore, will require substantial and sustained reduction of greenhouse gas emissions. This is the message to politicians and policy makers of the world, says Dinesh C Sharma
Naresh Chandra -- distinguished civil servant and diplomat -- passed into the ages on Sunday, July 9. Ambassador T P Sreenivasan salutes a patriot like none other.<
'Silicon Valley is the best model for driving growth and innovation. Meeting the right people who care about India is a fantastic step. India today stands out as the large potential global economy for growth.'
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
Scientists at the India Meteorological Department warn that not only has India turned hotter in the last two decades, but that heat waves are projected to become more intense, have longer durations and greater frequency, thereby resulting in more deaths.
'Hindu voters in coastal Karnataka lean more towards Hindutva than Hinduism which explains why the Siddaramaiah government's perception as anti-Hindu worked wonders for the BJP in coastal Karnataka.'
Manoj Bajpayee confides in Rediff.com's Ronjita Kulkarni about his 'long journey filled with rejection, betrayal, misery, failures and disillusionment.'
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Income from renting of properties is taxed at a flat rate of 10%.
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
Overseas education consultant NNS Chandra tells you how to pick the right international college and course for you.
How capable is the latest mobile phone from the Nexus bloodline? Himanshu Juneja reviews the Nexus 6P.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
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