Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
When you talk about finances, you need to have a goal to invest.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Minerva Punjab did not turn up for the first match of the qualification round, prompting the national federation to describe it as a 'crazy' and 'unacceptable' move.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Syed Firdaus Ashraf traces the trajectory of Lal Kishan Advani from the highs of the 1990s to the present, when he may have to watch the elections from the sidelines.
Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.
India has average monthly spends of $4 per user; it is over $20 in other Asian markets
Now we must first compete with Bangladesh. This is not what we had been promised, notes Aakar Patel.
With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
Sebi on Tuesday said, the norms covering research analysts' recommendations would also apply to journalists.
Former FIFA executive committee member Chuck Blazer was banned for life from all football activities on Thursday by the sport's governing body, which is engulfed in a scandal over alleged corruption.
The initiation of IBC proceedings in respect of a debtor has certain drastic consequences on both day-to-day running of the business of a debtor and on all creditors generally.
The BJP needs to win maximum number of seats from northeast to strengthen Prime Minister Narendra Modi so that development of the region continues.
European countries will be able to bid to host the 2026 World Cup only if none of the eligible candidates are good enough, soccer's governing body said on Friday.
Prime Minister Narendra Modi had invited ASEAN leaders to be the chief guests.
Setting aside the NCLAT order, a 3-judge bench headed by Justice R F Nariman, said the two set of creditors will be treated differently during the insolvency proceedings and taking over of a debt-ridden firm by another company.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
For ageing parents it is crucial to make a water-tight will.
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
Six months ago Gianni Infantino was a low-profile right-hand man to European soccer boss Michel Platini. He was the striking, shaven-headed character who pulled balls out of glass pots during televised UEFA competition draws. Barely-known by the general public, he was also the man behind a complex attempt to force Europe's clubs to reign in their spending, but which ended up leaving fans and even club directors confused. On Friday, Infantino was chosen as the new president of FIFA, a position which made his predecessor Sepp Blatter as instantly recognisable as some of the world's leading statesman. It was a remarkable leap for the affable Swiss-Italian. The polyglot lawyer only entered the FIFA race in late October, one day before the deadline, as a stop-gap candidate after Platini had been placed under investigation for ethics violations.
Tax Guru Anil Rego answers your personal income tax queries
News of all that transpired on and off the football field.
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
Insisting that all laws were followed in a "completely transparent manner", Vadra said, "Neither me nor anyone associated with me has anything to hide."
'Param Bir's letter alleges that Waze was being used directly by the home minister.' 'I think an enquiry by a high court judge is the need of the hour.'
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
Beijing's political risks are also escalating because of a renewed wave of public anger in many parts of Balochistan against human rights abuses by Pakistani troops deployed to crush the low-intensity insurgency in the province, the report said.
After the initial release of funds, the central government follows certain rules and guidelines before awarding the final aid to any state for a natural calamity.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
'Whatever the Supreme Court expected, it wasn't achieved in these five years.' 'So, we have made an amendment now to achieve that objective.'
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