Diageo gets assurance, Heineken may seek one, too.
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.
A BJP delegation, led by its Delhi unit chief Manoj Tiwari, walked out of the meeting at Kejriwal's residence.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
The Chinese leader is today facing some open, or less subtle, criticism from within the party and from liberal intellectuals who are increasingly concerned by the concentration of power in his hands and the increasing authoritarianism of the regime, says Claude Smadja.
Consumers are set to gain from discounts.
The GST will alter the very face of fiscal federalism in India.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
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Attacking the Centre over its inability to arrest the declining rupee against the US dollar, Gujarat Chief Minister Narendra Modi said the Centre was neither concerned about the economy nor the falling rupee but only worried about saving its chair.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Political scientist Vinay Sitapati explores the role played by the then Prime Minister P V Narasimha Rao in steering the reforms through in his new book Half Lion.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
RBI lowered economic growth for the current fiscal to 6.9 per cent from the previously projected 7.1 per cent, but saw it bouncing back in a big way to 7.4 per cent in 2017-18.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
Sepp Blatter comes across as an amiable character with eccentric ideas about football but he has shown in the past that he possesses a ruthless instinct for survival and extraordinary political nous.
Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.
'Give time to the 2013 Act to work. I not only think that the 2013 law is workable, I believe that the 2013 law is a compromise, a balanced middle path and protects the interests of land owners and livelihood losers.'
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Sensex ends in green, bluechips in spotlight.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
Rajan tells RBI colleagues he will be returning to academics
Summary of sports events and persons who made news on Friday
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
To contain rising bad loans, the Reserve Bank on Tuesday proposed a slew of measures, including incentives to lenders for coming together and tackling an account timely and penalising borrowers with higher interest rates in future for not cooperating for a resolution.
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
For the week, the battered rupee gained 26 paise against the greenback
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
GVK Group that runs the swanky MIAL (Mumbai international airport) pipped rival GMR Group to bag the contract for the proposed facility in Navi Mumbai which will ease the severe congestion at the Chhatrapati Shivaji International Airport.
Summary of sports events and persons who made news on Sunday.
China and India on Wednesday held their upgraded strategic dialogue to shore up bilateral ties amid hectic parleys to resolve differences over Beijing's reluctance to support India's bid for Nuclear Suppliers Group membership as well as a United Nations ban on JeM chief Masood Azhar.
The proposed overhaul of popular H-1B visa regime may result in higher operational costs and shortage of skilled workers for the $110-billion Indian outsourcing industry.
Ex-South American soccer chief in FIFA scandal under house arrest.
Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
A definitive guide to the movers and shakers who sit at the helm of the Asian sports boom.
'We have promised to ensure reduced tax rates.'
