While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.
Yusuf elaborated on several aspects of the Court's ruling in Jadhav's case while presenting his report to the General Assembly.
The regulator typically meets overseas investors in the US and UK in the first half of a financial year, and had opted for a virtual meet last year too.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
'I was shocked by the kidnapping episode. I could have lost my life.'
A roundup of what you can do from the comfort of your couch while sipping on a dalgona coffee in your pajamas.
'In some areas, overwhelming will mean obliteration. No more John Kerry & Obama!' he said, rejecting the policies of his predecessor Barack Obama and his Secretary of State John Kerry.
'As long as we have such partners, Russia cannot be isolated.'
There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.
The Supreme Court held on Friday that Preliminary Enquiry (PE) is not mandatory before FIR registration by the CBI under the Code of Criminal Procedure or Prevention of Corruption Act or the investigative agency's manual and the accused cannot insist on it as a right.
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.
While looking at consumer behaviour in the post demonetisation period, the research found that rural consumers were equally enthusiastic about cashless payments.
Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.
The new test it will enable rapid testing amongst more people easily.
The Doha negotiations has been virtually stalled since July 2008.
Pakistan's lawyer Khawar Qureshi also alleged that Jadhav was an "instrument of India's official policy of terror".
Will the Modi-Shah combine replace Vijay Rupani as Gujarat CM?
Customers using mobile wallets, prepaid payments cards, and paper vouchers such as Sodexo have been absolved of liability for fraud if it is reported within three days.
Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal, similar to what they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said on Thursday. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year. However, despite this growth, it will be well below than around 140 million passenger volumes recorded in 2019-20, CAPA said in the report. This projection of the traffic volume does not take into account the anticipated third wave of the pandemic, it added.
The Supreme Court has asked the Centre to place on record all relevant documents and file notings reflecting its thinking culminating in the COVID-19 vaccination policy, and the purchase history till date of all jabs including Covaxin, Covishield and Sputnik V.
Historically, IBM has always been actively involved with delivering solutions for the differently-abled, like its Model 1403 Braille printer, developed in 1975, or its talking typewriter for the blind in 1980, followed by a talking display terminal in 1981.
UN economists announced a likely USD 50 billion drop in the worldwide manufacturing exports in February alone as the extent of the damage to the global economy caused by the novel coronavirus (COVID-19) moved further into focus. Citing the China Manufacturing Purchasing Manager's Index (PMI), Pamela Coke-Hamilton, who heads UNCTAD's Division on International Trade and Commodities, said that it had fallen to 37.5 -- a drop of about 20 points -- the lowest reading since 2004. "This also correlates directly to exports and also implies a two per cent drop in overall exports," she said, with a resulting "ripple effect" worldwide "to the tune of a USD 50 billion fall in exports."
The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.
In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
The Economic Survey will remain a documentation of the government's resolve to not recognise the severe stress on the labour markets and on the livelihoods of Indian households arising out of the pandemic and the consequent lockdown, observes Mahesh Vyas.
5 precautionary measures you must take to prevent any misuse of your credit card.
The commerce department has said that earnings through the new tax will equal the losses faced by Indian industry after the US tariffs on steel and aluminium.
Article 370 is an anachronistic decree that has outlived its utility, militates against India's sovereignty, and discriminates against both Indians and Kashmiris by mutually excluding each other from syncretic growth. It is redundant, can be debated and constitutionally discarded, says Vivek Gumaste.
If you are looking for a true wireless stereo experience at a budget price, Ashish Narsale says you can certainly try the pTron Bassbuds Urban.
The mandates which Pakistan has failed include action against all United Nations-designated terrorists like Jaish-e-Mohammed chief Azhar, Lashker-e-Tayiba founder Hafiz Saeed and the outfit's operational commander Zakiur Rehman Lakhvi.
Political reactions poured in shortly after the Supreme Court declared the Centre's flagship Aadhaar scheme constitutionally valid.
The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.
Curiosity has detected traces of nitrogen on Mars surface, adding evidence that the red planet could have once supported life.
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
'So much so we don't feel the need to create anything, but just bask in that glory.' 'It's time to move on.' 'How much burden can you put on a person or the legacy of the person?'
'The theme of death seems to be a theme about which many of us, raised in Western societies, have almost completely removed from consciousness; it represents a theme that is suddenly and forcefully resurging now.' 'And for some, this is scary and destabilising.'
Avoid high risk transactions even if they seem more profitable.
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