The prime minister said a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
KYC done while opening a bank account can be used to open a mutual fund account.
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
India cannot afford to be complacent about a possible Pakistan resort to military options across the LoC, warns Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Several Premier League clubs have furloughed employees since the new coronavirus outbreak while others, such as West Ham United and Southampton, have said their players have accepted wage deferrals. While CA announced plans to furlough almost 80% of staff last week, putting them on 20 per cent pay until June 30 when it is hoped more will be known about how long government curbs to control the coronavirus will last.
The abundance of talent is complemented by a confident approach which the likes of Manu Bhaker, Mehuli Ghosh, Anish Bhanwala and Anjum Moudgil will display at the Games.
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
The RBI has also been asked to consider displaying this information on its website.
A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
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.
'We are warning that if you get these 3.5 lakh additional non-medical people with licence, our infant mortality rate and maternal mortality rate will deteriorate'.
Finance Minister Arun Jaitley presented the Union Budget.
Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.
'During Amit Shah's recent visit to Kerala, the strategy of concentrating the attacks on the CM on false charges was clear enough.'
FIR says that the officials by virtue of influence exercised over them by Karti, not only ignored the serious illegality on the part of INX Media on both the counts but also deliberately showed undue favours to INX Group.
'Gotabaya will expect India to observe the red line.' 'He even dispensed with any gesture welcoming India as an interlocutor on the Tamil issue.' points out Ambassador M K Bhadrakumar.
...Is this a virus more dangerous than Covid-19, asks Ajit Balakrishnan.
Gowda has also failed to offer clarity on reforming the Railway Board.
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
While Himanta Biswa Sarma scotched rumours that he would be the king this time, political sources in Guwahati maintained that he, and not Chief Minister Sarbananda Sonowal, had a bigger say in choosing candidates, reports Radhika Ramaseshan.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
Pakistan's cricket legend, Imran Khan has said that he would like to see Pakistan and India resume bilateral series after the warm welcome given to the national team in India during the ICC World T20.
If India qualify for the finals and go on to win the World Cup on July 14 at the Lord's, it would be ideal setting for a fitting farewell to Dhoni
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
The United States Olympic and Paralympic Committee said it had listened to feedback from athletes and was encouraged by a clearer path towards postponement. Major sporting nations Australia and Canada withdrew on Monday as organisers came under mounting pressure to postpone the event for the first time in its 124-year modern history.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
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