Budget might turn out to be neutral for the sector.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
Budget in the medium term aims to kick-start the investment cycle.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
Markets are likely to go down, correct and stay subdued.
The Reserve Bank of India's retail direct scheme is off to a good start but the central bank itself sees it as an additional avenue and not an alternative to the existing one. Still, a reasonable expectation is to have at least 100,000 investors within a month of it being operational, and that could be well under way, if the latest trend is to sustain. The registration in the retail direct platform has crossed 35,000.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
The Delhi police had on Saturday increased security arrangements by deploying additional personnel and placing more concrete barriers.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
Thousands of agriculturists, mainly from Punjab and Haryana, are protesting against the laws for the last over four weeks at various border points of Delhi and demanding that the legislations be repealed.
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
The Sovereign Gold Bonds will be sold through banks, Stock Holding Corporation of India Limited, designated post offices and recognised stock exchanges -- the NSE and BSE.
'If credit is not available, people will postpone buying. That's what has happened.'
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
'It is advisable to invest in them early in life and stay invested for a longer period to achieve long-term goals and accumulate wealth.'
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
To resolve the so-called 'angel tax' issue, the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums, she said.
Boost to dairy sector will generate jobs
The right investment at the right age will help you enjoy a secured post retirement life.
The policy aims to create around 5,000 startups, including 10 global high-growth startups, and to create a minimum of 100,000 high skilled job creation, direct and indirect, in the startup ecosystem by 2023.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
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Mayank Ashar talks about India's business environment.
Farmer leader Kulwant Singh Sandhu had said that 32 farmer unions from Punjab held a meeting on Tuesday and discussed the next course of action.
There will be higher charges for bank account-holders.
The investor community says the move by the Securities and Exchange Board of India (Sebi) to bring angel funds under the Alternative Investment Funds Regulations is a mix of good and negatives.
In the second policy review under Governor Shaktikanta Das, the six-member Monetary Policy Committee voted 4:2 in favour of the rate cut.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
The industry status will help the sector access bank lending at average interest rates
Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.
India's human development indicators show that deprivation extends well beyond the 22 per cent of population who live below the official poverty line.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
'Had these three farm laws existed it would have become a huge election issue.'
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
