The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines.
Finance Minister Nirmala Sitharaman had in May announced that there will be a maximum of four public sector companies in strategic sectors, and state-owned firms in other segments will eventually be privatised.
The senior leader, however, said that if the action of any MLA leads to harm to Congress government then it is simply not acceptable. "I consider Sachin Pilot as one of the most talented, competent and impressive Congressmen we have. He is a friend also. We all value him in the party. He should come and air his grievances, the floor is open. All people are prepared to listen to him," Singhvi said.
IMAGES from Day 4 of the 3rd Test played between England and Pakistan at the Rose Bowl in Southampton on Monday.
Interacting with locals, he observed that the situation is gradually improving day by day, and urged them not to pay attention to rumours and avoid circulating unconfirmed messages.
Images from Day 2 of the first Test match between England and Pakistan in Manchester, on Thursday.
Enthused by rising potato prices after a prolonged slump, Pradeep Sharma was planning to sow the crop on his 15-acre farm near Agra slightly earlier than usual. The delayed departure of the southwest monsoon also prompted his decision, since the good soil moisture would have saved at least one initial irrigation. But the acute shortage of diammonium phosphate (DAP), a crucial nutrient ahead of the sowing season for potatoes, nipped those hopes in the bud. DAP is the second-most used fertiliser in the country after urea.
Australia were 133 for six at stumps on Day 3 of the second Test against India in their second innings, a lead of two runs, at the Melbourne Cricket Ground.
Images from Day 8 of Wimbledon 2022 at the All England Lawn Tennis and Croquet Club in London, on Monday.
The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Highlighting that FDI flow into India is much higher compared to other emerging economies, she said India's strong macroeconomic fundamentals, ability to do reforms and a stable government help attract long-term foreign funds into Indian businesses.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
Minutes after Gandhi made the statement, the Srinagar Police also tweeted that the situation was peaceful.
India 'A' tottering at 11 for 4 in the first hour after West Indies 'A' scored a decent 318 on the second day of the second unofficial 'Test'.
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The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
Manchester City came from behind twice to earn a 2-2 draw with Liverpool in a breathless and pulsating Premier League encounter, at Anfield, on Sunday. All four goals came in the second half.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
Chahar, who also became the first male cricketer from the country to take a T20 International hat-trick, has been one of the Chennai Super Kings' successful new ball bowlers, used judiciously by franchise captain Mahendra Singh Dhoni.
Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa. "This is because debt sustainability depends on the 'Interest Rate Growth Rate Differential' (IRGD) i.e. the difference between the interest rate and the growth rate in an economy. "With the Indian context of potential high growth, the interest rate on debt paid by the Indian government has been less than India's growth rate by norm, not by exception," it said.
Images from Day 2 of the fourth Test between England and India, at The Oval, on Friday.
Australian paceman Josh Hazlewood ripped through England with three crucial wickets in the final session to leave Joe Root's side trailing by 297 runs with five wickets remaining after the third day of the fourth Ashes Test.
With a modest workforce of 1,200, the 2007 start-up is already taking business from its bigger, established rivals, winning outsourcing contracts from leading US mortgage companies.
The streets of north London in Britain were awash with colour and glitter as revellers took over the streets to celebrate the Notting Hill Carnival -- now in its 59th year. Take a look at the celebrations as around 2 million people marched along the streets of west London in Caribbean costumes over two days.
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'The Delhi police is not acting only at the behest of the home minister; blame lies nowhere else but the home ministry.'
Images from Saturday's Nations League group matches.
Images from Day 2 of the third Test between England and India, at Headingley, Leeds, on Thursday.
Virat Kohli's record as the Royal Challengers Bangalore skipper might have been below-par but the team's newly-appointed Director of Cricket Mike Hesson ruled out any change in leadership.
Former England captain Michael Vaughan is doubtful if pacer Jofra Archer will take any further part in the ongoing three-match Test series against West Indies after he was dropped for "selfishly" breaching the bio-secure bubble.
Hands down, the star of the show is Rajkummar Rao, observes Sukanya Verma.
Images from Day 3 in the second Test between England and India, at Lord's, on Saturday.
On Monday, Assam Chief Minister Tarun Gogoi called on Prime Minister Narendra Modi and discussed the need to set up a comprehensive and coordinated strategy to nip the problem of extremism in the North-East in the bud.
Skoda's revamped Superb comes with few noticeable design changes, but retains all its prowess as a practical vehicle.
The son is not being groomed for a bigger role in the company as of now.
In a rare sharp attack on the BJP-led Centre, Rajinikanth also asked those in power to 'resign and go' if the violence could not be crushed with an iron fist.
In December 2016, the Supreme Court directed the central government to have a graded action plan to tackle the menace of air pollution. There are two plans - Comprehensive Action Plan and Graded Response Action Plan.
You are likely to face legal problems and cost escalation, if these issues aren't nipped in the bud.
Images from Day 3 of the third Test between England and India, at Headingley, Leeds, on Friday.
The government has been waiting for the expansion by the private sector, Finance Minister Nirmala Sitharaman said while reminding India Inc of various measures including corporate tax rate cut, policy consistency, ease of doing business, among others to facilitate investment.
Treat your friends and guests to these finger licking recipes and make an instant impression this festive season.
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