Reserve Bank of India (RBI) Governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to achieve it, risking friction with the new government, if he is seen as overstepping.
It entered India in 2006, with the aim of tapping the promising consumer market.
Income from renting of properties is taxed at a flat rate of 10%.
The White House has slammed those calling for identifying threat coming from terror groups as "radical Islam" arguing that such a move would advance dreaded outfit Islamic State's narratives.
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
The cap of Rs 10,000 on daily withdrawal has also been removed.
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
No one really knows what proportion of the nation's wealth and income are available for defence
'All businesses have to be run for business, for profits on a sustainable basis. It may sound old school, but then I have been in business for 32 years and you can't change an old tiger's stripes.'
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
This was only four days after many aggrieved buyers chose social networking sites to attack Flipkart's 'Big Billion Day' discount this Monday (October 6), followed by an apology from the company's co-founders, Sachin and Binny Bansal.
Its revenue during the period grew by 65 per cent to touch Rs 9,458 crore (Rs 94.58 billion), as against Rs 5,718 crore (Rs 57.18 billion) during FY12.
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
Modi attended the House during Question Hour as Thursday is the day of questions listed against the PM's name.
The Chinese economy is not collapsing, it is shifting to different growth drivers which the old metrics used to judge China do not pick up.
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
The greatest progress on civil rights in the United States since Abraham Lincoln was under the Southern Democrat Lyndon Johnson, the past master of wheeling and dealing in Congress.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
The attorney general admitted that there is no sovereign guarantee, but asserted that there is a letter of comfort by France which would be as good as a governmental guarantee.
Entrepreneur couple Vaani and AVIS Viswanathan share the secret to being happy.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
Most expect the Budget to be path-breaking.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
Amit Agarwal tells Suveen Sinha about how he implements an American entrepreneur's vision in a very Indian way.
MySmartPrice has been growing about 100 per cent a year and is profitable.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
The NITI Aayog's views are in contrast to the National Health Policy.
Dilip Shanghvi founded Sun Pharma in 1983.
'On the tax front, most of the Budget proposals are sensible'.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
On the actor's 54th birthday on November 2, we write another tome about the boy with big dreams and a regrettable haircut, who defied incredible odds to become one of the most loved actors on the planet.
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Buyers complain about server errors, allege discounts were 'not real'.
The average Indian soldier remains as hardy as before but he is certainly confused with the pace of change occurring all around him. It is here that the leaders -- the officers -- will have to adapt themselves to the new reality, says Nikhil Gokhale
The Politburo Standing Committee -- the most powerful body in China -- is unveiled, but in a break from Communist party convention, no successor to Xi Jinping is named.
There could be a strong incentive for tax payers to avoid the higher tax burden.
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