The government had committed to increasing spending in infrastructure
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Moothon's script won the Sundance Institute's Global Filmmaking Award. Geethu Mohandas's movie is now coming to a theatre near you.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
Former England football captain David Beckham announced on Wednesday that he is exercising his option to become the owner of a Major League Soccer team in Miami.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
The proposals have been made after extensive consultations with top officials from Sebi, finance ministry, RBI, IRDA and large market intermediaries
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
'How do we explain that on the economic, internal security and strategic fronts, India's unstable coalitions have acted more decisively and boldly than all our full-majority governments yet?' asks Shekhar Gupta.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
Former Indian team captain Bishan Singh Bedi and ex-cricketer Kirti Azad on Thursday batted in the Supreme Court for implementation of Justice Rajendra Mal Lodha committee's recommendation on structural reforms in the Board of Control for Cricket in India.
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Dalmiya's finest hour, of course, was the 1996 World Cup where broadcast rights were sold for $10 million and the title sponsorship went for a handsome $13 million. Stories of him turning around the finances of International Cricket Council (ICC) are aplenty. It was rumoured that both England and Australia feared him.
'Obama probably thinks, "He is quite a guy!" Americans on Capitol Hill think, "He has guts. He is a big player".' An Indian official explains the importance of the Modi visit to Sheela Bhatt/Rediff.com
The markets gained nearly 7 per cent in the 4 trading sessions of March.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
'Art Deco was the last of the truly international styles.'
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
In an online chat with readers, Sri Akella, director of Dream Seekers Academy shared advice on how to pick the right international course and career.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
Modi may bet on old faces and new to boost reforms
In Budget 2015, the finance minister has opted to take the slow road and has doubled the cess on coal to "balance the need to tax pollution and the price of power" in his words.
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
'We did not know we would one day dominate nearly 70 per cent of the market.' 'Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.' A fascinating excerpt from Shantanu Guha Ray's The Diamond Trail: How India Rose To Global Domination.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
India's foreign exchange reserves are at an all-time high.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
All we want from the government is to give us visa and they can't even deliver that, says Inder Singh, chairman of Global Organisation of People of Indian Origin International
With Awfis, a quirky co-working venture, and other offbeat ideas, Radha Kapoor, the daughter of the Yes Bank CEO, is taking the creative route to entrepreneurship.
Flowing from an inadequate understanding of Tamil history and politics is an urban elitist mindset that does not seem to be able to touch and feel the real angst of the larger Tamil-speaking masses, cutting across the social and economic status of the individual, says N Sathiya Moorthy.
Who are the NGOs in India with maximum funding in India? Which are the countries funding them? How many NGOs are registered under the law? Vicky Nanjappa finds out.
'GST had to come close on the heels of demonetisation as part of the same package.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances