The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.
What perhaps turned the tide against Uber was the plight of the consumer.
E-governance roll-out needs better infrastructure, privacy protection.
The central government said the railways and civil aviation ministry must suspend all concessional travel on trains and flights, except for students, patients and disabled people.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
The GST Council, that includes representatives of all states, will meet again on November 3-4 to decide on the tax rates
Jewellers on Monday decided to continue their pan-India strike for an indefinite period against the Budget proposal.
Obama said US is leading the efforts to combat carbon pollution
'The farm bills will not bring in corporate zamindari'
The tension between the way the law views justice, and the way public opinion views justice, is the best reason not to make laws based on public opinion, says Mitali Saran
'The people of India have not only challenged the ruling dispensation with the constitution, they have also opened the eyes of the leadership that sits in the Opposition.'
In Madhya Pradesh, the C-Voter poll projections gave the BJP 107 seats with a vote share of 41.5 per cent, against Congress' vote share of 42.3 per cent and a simple majority of 116 seats.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
The buyer is well within his right to ask for a penalty clause in the agreement.
Move to address MNCs' taxation woes; UK likely to be the next.
'The best remedy would be to scrap Section 124-A of the IPC, a colonial vestige, altogether.' 'However, if legislators don't want to do so, they can do two things.' 'They can formally amend Section 124-A to bring it in line with what the Supreme Court has said about sedition.' 'The words which stand on the statute book today were inserted in 1898.' 'The Supreme Court's words are not a part of Section 124-A.'
Transcript of Nikhil Pahwa's chat with Rediff readers.
The GST will replace more than a dozen levies central and state levies, including central excise duty, service tax and central sales tax as well as VAT on sale of goods and entry tax, to make movement of goods seamless across 1.3 billion market.
'Science and technology keep moving ahead and so you can keep making investment.'
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
'We cannot forget that Pakistan is a criminal State, it is a rogue State and yet we want oil pipelines to go through their State, we want to have people-to-people contact, want to increase trade with them.' 'When Modi was prime minister-elect, he said there can be no dialogue in the face of bombs and bullets. After becoming prime minister, he is saying talks will continue. Was he then misleading the public then or is he misleading the public now?' 'Nobody goes around abusing China. The fact is China is a great power. I do not think India is a great power. People spit on our face and we still go grovelling before them.'
The government has provided a long-term vision.
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