Hotel companies said the conditions are not investor friendly and making money on the property could be tough in the initial years.
'The ban on Chinese imports is a suicidal step.' 'This will result not only in economic depression, but in a chaotic situation.'
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
The studies found that sectors with the highest unaccounted income included real estate, mining, pharmaceuticals, pan masala, gutkka and tobacco, bullion and commodity markets, film industry, educational institutes and professionals.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
Demand bounces back but uncertainty over GST rate for jewellery casts a shadow over future.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
The classic Third Year or Mid-Term Problem has afflicted all but two prime ministers who have lasted a full term, give or take a few months this way or that, points out T C A Srinivasa-Raghavan.
In a paper, EAC-PM accused Subramanian of "cherry-picking high-frequency indicators" to express his skepticism about the growth rates after 2011-12.
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'Curbs will again lead to the grey market developing, undoing all the work done over the last two-and-a-half years.'
'If development, investment, employment, implementation, credibility and commitment are ensured, security will automatically improve and subversive and militant elements will lose ground and be neutralised by the people themselves,' says B S Raghavan, the distinguished civil servant.
Apart from Smriti, Ravi Shankar Prasad and Ananth Kumar took over as law and parliamentary affairs ministers respectively.
WGC expects demand to revive in H2 on surplus monsoon rains
Passage of the long-pending Goods and Services Tax bill and a unanimous resolution on Kashmir were the highlights of the "highly productive" Monsoon session of Parliament which was adjourned sine die on Friday after 20 sittings.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
India has just had one of the worst quarters in export earnings.
'I give Modi full credit, for brilliantly using his personal diplomacy, his personal stature, to accomplish his goals...'
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
The number of management colleges has dropped from 3,609 in 2014-15 to 3,264 in 2017-18.
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
'Who sent Masood Azhar back to Pakistan? Who bowed down to terror and released him? Not the Congress, but it was the BJP government'
'The Constitution must reflect the reality of mature states because otherwise it is the Centre that will become irrelevant,' says T C A Srinivasa-Raghavan.
'Time and again, through their actions, often more covert than overt, the BJP has shown that it is a power-hungry party and its hunger isn't getting satiated sitting in the Opposition.'
India's Current Account Deficit rose to a record 6.7 per cent in the quarter ended December of 2012-13.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
Sectors throw up a wishlist for the Finance Minister.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
Modi said his critics were seeing slowdown in the last two quarters but were ignoring that the BJP government had brought down inflation from 10% to 2.5%.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
Delhi, which has gained infamy as one of the world's most polluted cities, has for some years now witnessed a sustained campaign from various quarters seeking a ban on firecrackers. While the Centre launched the newly approved, eco-friendly firecrackers earlier this month as a "safer and cheaper" alternative, the mood in the market is tepid, says Ritwik Sharma.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
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