Railway Budget has not discriminated against any state.
The proposal is currently with the finance department and is expected to be placed before the Cabinet in the coming days.
Speaking at the Global Innovation and Technology Alliance Platform in New Delhi, T Ramasami, Secretary, Department of Science and Technology said, India has captured a grassroot innovation system through formal structures.
The 40 per cent exemption benefit is applicable only for employees.
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
The South Carolina governor has become the first woman and minority to join Trump's administration.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
Senior living services, Tara Singh Vachani tells Anjuli Bhargava, could be a big business opportunity in India.
Sensex remained volatile through the day.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
The former Pakistan captain said he had enjoyed the most playing his cricket in India.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
After allowing FDI by foreign carriers in their Indian counterparts, the government has put in place provisions to prevent Indian airlines from being controlled and managed by the foreign investor.
What is required from government is intellectual framework.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.
Onion prices have increased 150% over the last few months
Changes being driven by Etihad, says a source, after a V-P quits
'We have promised to ensure reduced tax rates.'
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
India's antitrust regulator has approved Sun-Ranbaxy deal, subject to the companies divesting seven products.
Flour millers want import duty exemption.
India crushed arch-rivals Pakistan by 203 runs on Tuesday to set up a summit clash against Australia on February 3 at Mount Maunganui in New Zealand.
Last year, the software giant launched a cloud adoption programme for SMBs.
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
'The simple truth is this: That we had come to assume that a second term was Modi's for the asking. But the fact is that Modi will have to win one, just like everybody else.' 'And so much has he invested in his strongman persona that even a loss of just 50 seats from his extraordinary 282 in 2014 will look to his potential allies and to his party like a defeat,' says Mihir S Sharma.
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
Gold prices are already moving fast to the key level of Rs 30,000 per 10 gms
'There has to be strikes on the ISI headquarters to raze it to the ground figuratively and otherwise,' says Group Captain Murli Menon (retd).
Lack of closure to the algo controversy could weigh on sentiment, say experts
'Their brave resistance keep our hopes alive that this youth upsurge is strengthening India's democracy and pluralism,' states Mohammad Sajjad.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
The top court had granted bail to Chidambaram in the case lodged by the CBI saying he is neither a 'flight risk' nor is there a possibility of 'his abscondence from the trial'.
The policy proposes a contingency plan to handle cyber attacks on vital installations and critical infrastructure.