On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.
Private lenders were among the top losers along with RIL.
'On the tax front, most of the Budget proposals are sensible'.
The National Democratic Alliance won 64 seats.
The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.
The rupee is being driven into a vicious circle.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
Budget is likely to focus on infrastructure creation in the N-E
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
.jpg)
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
FM should avoid proposals such as to tax financial transactions and fringe benefits
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.
The Union government is reportedly considering doing away with the practice of presenting a separate Railway Budget.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Higher interest rates in the US do not necessarily coincide with capital outflows.
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
The failure to restructure our armed forces in line with contemporary needs 14 years after the Kargil war will impose strategic costs beyond just delays and scandals, says Nitin Pai
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
Indian economy about to take-off
Arun Jaitley had a tough fiscal hill to climb.
The Budget has evoked mixed reactions from Silicon Valley investors.
Raghuram Rajan speaks on the unscheduled rate cut.
'What are the circumstances at that time? Had you thought Modi will come after Vajpayee?'
In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances