In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
'Several businesses like entertainment, hospitality, travel etc would never be the same again.'
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.
German Chancellor Angela Merkel (centre) goes through Indian fabric made by self help groups at the head office of National Bank for Agriculture and Rural Development in Mumbai on Wednesday. Merkel arrived in India for a visit expected to focus on security and trade issues, as Europe's largest economy aims to strengthen ties with the Asian giant.
'If the Modi government is successful in extraditing a high-profile fugitive such as Vijay Mallya or Nirav Modi before the 2019 election, the government will be able to link demonetisation to this and turn it into a positive.'
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
Switzerland makes public 2,600 dormant a/c; 4 from India.
Rediff.com's Ashish Narsale brings you glimpses of OnePlus's massive new R&D centre in India.
Indian Railway Catering and Tourism Corporation has launched e-wallet, a user-friendly scheme aimed at making purchase of e-tickets easier.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
Live it up in style with these credit cards.
Navy chief Adm. Sunil Lanba said that by 2050, India will have 200 ships, 500 aircraft.
SoftBank-backed OYO now 100,000 rooms brand, eyes another 100,000 by Mar 1
With a view to exploit its real estate assets, the Indian Railways plans to lease out some of them and aims to rake-in Rs 600 crore (Rs 6 billion) through this move this fiscal, a senior Railways official said.
Inarguably the biggest gainer in the Grand Alliance, the CPI-ML, often working in the margins of mainstream politics, had 19 candidates in the fray, most of them students and youth leaders.
Critics say the crackdown is to muzzle dissent and Rijiju's actions could lead to less foreign aid for projects that fight child marriage, provide clean water in slums and feed pregnant women.
As the debate on alleged black money stashed by Indians in Swiss banks continues, Switzerland on Monday said it is looking forward to working together with the new government of India in its fight against tax evasion.
Offenders will be tried under Prevention of Money Laundering Act
The government package, different from the RBI's announcements, is likely to be unveiled on Sunday by the prime minister's office, a source said. The government is expected to announce several fiscal measures such as cut in excise duty on some products, to boost the growth.
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'Prime Minister Modi doesn't talk to me. He meets and says in monosyllables'
Snapdeal to spend $1 billion on 5-6 acquisitions this year.
The Anchor and Panasonic connection is a blend of legacy and quality and there really is no question of substituting one for the other. Panasonic is banking on Anchor's familiarity and widespread recall, to push its way ahead in the premium, automation-aided home appliances and accessories market.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
"We want to trade even more," US President Barack Obama said on Sunday as the two-way commerce between America and India touched a record $100 billion.
Industrial countries cannot at this point wash their hands off developing economises and say we will do what we need to, and you do the adjustment you need to, says RBI Governor.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.
'Like in cricket, M S Dhoni was the captain and Virat Kohli played under him.' 'Then Dhoni played under Kohli.' 'Now imagine, having a second switch.' 'That is the analogy here, and I find no other example in Indian politics, or even world politics.'
With a presence in the value segment, better service quality, and lower ownership cost, Skoda India's director of sales and marketing Zac Hollis aims to make important changes. He tells Arindam Majumder how he plans to make India the company's fifth-largest market by 2023.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
It is strange that the wealthy evade taxes even though the marginal utility of the money saved amounts to little and tax rates in countries, including India, have dropped
Total amount in these accounts is estimated to be around Rs 1,500-1,600 cr
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
Once passed by Parliament, the bill will replace an ordinance promulgated on December 30 last which provides for a fine of 10,000 or five times the cash held, whichever is higher, on holding of more than 10 banned 1,000 and 500 rupee notes.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
