Lower taxes on ATF on international routes certainly help in making operations more viable.
While 287 trains have already reached their destinations, 79 trains are in transit, officials said. Out of these 287 trains, 127 terminated in Uttar Pradesh, 87 in Bihar, 24 in Madhya Pradesh, 20 in Odisha, 16 in Jharkhand, four in Rajasthan, three in Maharashtra, two each in Telangana and West Bengal, and one each in Andhra Pradesh and Himachal Pradesh, the officials said.
The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-Budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.
India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for vaccine. The Indian government launched the world's biggest vaccination drive on January 16 to protect people from COVID-19. "What will 2021 look like? The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin. India has launched the biggest vaccination drive in the world, backed by its comparative advantage of having the largest vaccine manufacturing capacity in the world and a rich experience of mass inoculation drives against polio and measles.
Movement beyond 2 km is permitted only for attending office or medical emergencies.
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
After the Citizenship (Amendment) Bill was cleared by Parliament, violent protests broke out in Guwahati.
It added that there had been several reminders from the club to the government for freeing the communication of newspaper offices, journalists and the club itself.
The MHA on Friday, while extending the lockdown for two more weeks till May 17, lifted many restrictions in green and orange zones. There are no restrictions on sale of non-essential items by e-commerce platforms in green and orange zones, a home ministry spokesperson said, adding barber shops and salons are also allowed to open in these areas.
Boxers and coaches have connected over a WhatsApp group to raise over 1 lakh, transferred directly to Dingko's account through online payment modes. The 'mission' started on Tuesday evening once Dingko's bank details were established. The contributions have ranged from 1,000 to 25,000 so far and are still coming in.
The bill to nullify retrospective taxation offers a fair solution within the framework of Indian law and Parliamentary sovereignty to companies which have been subjected to such demands, Finance Secretary T V Somanathan said on Thursday. Finance Minister Nirmala Sitharaman introduced 'The Taxation Laws (Amendment) Bill, 2021' in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets. The Bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.
Did the ISI choose the Rajasthan border to smuggle narcotics after striking deals with Indian smugglers, who would send the money to various terrorist groups in Kashmir?
The tourists were returning from Nathu La pass and Tsomgo (Changu) Lake on Friday evening when snowfall in the region blocked roads, leaving over 300 to 400 civil vehicles stranded at various points on Jawahar Lal Nehru Road, East Sikkim District Magistrate Kapil Meena said.
Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.
Although Ojha's international career never took off, the Ujjain-born player has played 146 first-class games notching up 9,753 runs
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.
It will be Ashwin's third county stint, having represented Worcestershire and Nottinghamshire in the past.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Local trains plying on the Central and Harbour lines in Mumbai were hit by a technical snag on Wednesday morning. Thousands of commuters were stranded after several trains came to a halt on the tracks. According to media reports, only 60 to 70 per cent trains were expected to ply today.
The cycle rickshaws have been replaced by battery-run 'totos'. These 'totos' strangely are not registered with the regional transport authority but by the strange rules of West Bengal administration are 'empanelled' with the ruling party, says Keya Sarkar.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'I hope the trend is sustainable and that economic activity accelerates going forward.'
Left shaken by a bunch of world-class operators, the Indian team's white-ball stars will be aiming to put up an improved batting effort in the second T20 International against England in Ahmedabad on Sunday.
The Delhi high court on Thursday directed the city government to stop erickshaws from plying on the roads of the national capital "as of now". "Stop it as of now," a bench of justices B D Ahmed and S Mridul said, while observing that "unregulated plying of vehicles on Delhi roads is prima facie a hazard to other traffic on road as well as the citizens".
'You cannot achieve everything in one day and in the long path, there will be ups and downs in your life.'
The 24-hour transport strike began on Thursday, affecting normal life in several parts of the country including in Kerala and Karnataka, even as the Centre asked private operators and employees of state transport authorities to call off their strike.
'We have only ourselves to blame.' 'For selfish reasons and greed, we have obstructed many outlets, preventing the water from flowing out, be it rivers, tributaries or small drainage systems.'
The decision has come amid a spike in the number of infection cases, which had crossed 35,000 on Saturday.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
Nearly one lakh autorickshaws went off the roads in Mumbai on Wednesday during a day-long strike to press for regulation of app-based cab sevices, hitting commuters hard with many stranded in several places across the metropolis.
Two of the three youths killed in an encounter with security forces in the Parimpora area of Srinagar were 'radically inclined' and working as overground workers of the Lashkar-e-Tayiba (LeT) terror outfit, police said on Friday and added that the case was being investigated.
There were no curbs during the day in over 90 per cent of the Valley with the situation being eased in 92 police station areas in view of the improving situation.
The officials said that the situation remained peaceful across the valley on Saturday and no untoward incident was reported from anywhere.
During the last three days, more than 2 lakh persons have been transported per day. In days to come, it is expected to be scaled up to 3 lakh passengers per day, the Railways said.
Out of the 932 trains which have been operated so far, 215 are in transit while 717 have terminated at various stations. Sixty-seven more are in the pipeline, an official said.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
"The overall Delhi's Air Quality Index is in the very poor category with few Delhi locations entering at higher zone but that will be short lived. This is mainly because the extremely calm local surface winds which were prevailing yesterday are likely to increase slightly and may further pick-up by Oct 26," SAFAR said.
If you plan to take an auto loan, Priyadarshini Maji lists 5 points you need to consider.
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