Attacking the previous government, Union Minister M Venkaiah Naidu on Sunday said the hike in rail fares was "thrusted upon" by the United Progressive Alliance, but it was a "bitter medicine" that had to be swallowed in the interest of sound health of the economy.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Hitting GDP growth of more than six per cent will require substantial foreign direct investment, especially if household savings largely continue to remain locked.
Williams Grand Prix Holdings (WGPH) published results for 2019 showing Formula One revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year.
Indian economy about to take-off
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
The previous best selling year was 2010 when Maruti managed to sell around 10.6 lakh (1.06 million) units.
Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
The perception is rapidly gaining ground that though the chief minister is from the Shiv Sena, the government is being run by the NCP.
However, a net amount of Rs 11,119 crore was withdrawn from the debt segment during the same period. This translated into a net investment of Rs 1,003 crore.
For the Congress' revival, the eclipse of the Gandhis is absolutely necessary, asserts Virendra Kapoor.
Modi said the newly-sworn in government took four major decisions related to farmers' and traders welfare in the first meeting of the Union Cabinet.
Dy Governor notes it's an era of job changes for better.
Union Commerce and Industry Minister Anand Sharma takes on Narendra Modi, says: Gujrat cannot be sold as a model state as it has many flaws.
The Minister of Railways, Lalu Prasad has announced reduction in passenger fares for non sub-urban mail/express and ordinary passenger trains by one rupee for fares costing up to fifty rupees per passenger.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
The obvious temptation for Mr Jaitley would be to achieve a better fiscal deficit figure than what he had promised in July.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
A round-up of our favourite photographs from the week gone by.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
The Karnataka legislative assembly on Tuesday passed bills enhancing the salaries and allowances of the chief minister, ministers and legislators.
Alas, the 'basic income' schemes that have hit the headlines in the recent past are a far cry from the genuine article in terms of coverage and fiscal implications, says Vijay Joshi.
General Motors India on Tuesday increased vehicle prices by up to Rs 61,000 in order to partially offset the impact of rising input costs and expiry of reduced excise duty concessions.
A consortium of 26 lenders led by the SBI, with 51 per cent stake in the debt-trapped airline, has invited bids from potential suitors.
This meeting has led to the deferment of the Goods and Services Tax (GST) Council meeting by a day.
Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge announced that new trains will be introduced.
If budget policy started changing around the mid-1980s, it is for a reason. The original oak wood table used by successive finance ministers, right from the time of the interim government before Independence, went missing around then.
Inability to take everyone along during his nearly four-year term led to Trivendra Singh Rawat's undoing. He tried to take control of all major departments by holding on to more than 40 of them, but still could not deliver.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Indirect tax collections saw only a meagre 3.5 per cent growth, as mop-up from Customs fell sharply on account of a drop in imports.
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
A host of companies, including giants like Reliance Industries are rushing in to finalise their interim dividend payments to outsmart a hike in dividend distribution tax (DDT) proposed in the Union Budget.
