Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The steep depreciation of rupee will not give an immediate advantage to the country's exporters.
A bunch of CEOs in their mid-30s and early 40s are trying to rectify the scenario where shady lending applications trap hapless borrowers with astronomically high interest rates and even bodily harm if the money was repaid. Anup Roy reports.
GST rates on under-construction houses maybe reduced from 12 pc with input tax credit to 5 pc without ITC. Similarly, the rate for under-construction affordable houses could come down to 3 per cent without input tax credit, from the current 8 per cent.
The BCCI made a surplus of Rs 111.83 crore in the last fiscal, a dip of over Rs 55 crore as compared to the previous one, said its Treasurer Anirudh Chaudhry. "In the year under consideration, the surplus of income over expenditure was Rs 111.83 crore as against Rs 166.87 crore in the earlier year," stated Chaudhry in his annual report for 2015-16.
Accounting for the first Advance Estimates for 2017-18, an additional planned borrowing of Rs 200 billion, the fiscal deficit could come in at 3.35 per cent of GDP.
Interestingly, India had objected to the establishment of a UNHCHR when it was proposed by the US at the Vienna Conference on Human Rights in July 1993 and the whole proposal was remitted to the General Assembly in New York because India and others said that the whole issue should be examined in detail, says Ambassador T P Sreenivasan, who had led the Indian delegation for negotiating the terms of the HCHR.
India is the second largest buyer of Iranian crude, after China.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
Economists polled in a recent survey by Ficci unanimously felt that the rupee will continue to be under pressure in 2018-19
All international passengers will henceforth be screened at airports, Health Minister Harsh Vardhan said at a press conference. Earlier, travellers from only 12 countries were screened at airports for the disease that has claimed over 3,000 lives and infected more than 90,000 worldwide.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
The BCCI agreed to pay around USD 200,000 to the ICC in exchange for increasing the staging centres of this year's Champions Trophy.
Sharad Sharma, co-founder and governing council member at iSPIRT, on Tuesday admitted using anonymous accounts to troll on social media those who raised questions on Aadhaar and its applications by the government.
The Board of Control for Cricket in India paid the International Cricket Council around Rs 2.4 crore for various charges incurred for the Indian squad carrying "additional team members" during the World Cup earlier this year.
Bidders have to deposit a security fee of Rs 25 crore as well as minimum guarantee fee.
The Centre on Thursday said that the expression 'office of profit' has not been defined in "any law".
India's low passion, very cautious, relationship with Iran of the last 36 years awaits transformation, says Lieutenant General Syed Ata Hasnain (retd). Prime Minister Modi's visit cannot be a negotiating event; it is a symbolic one to strengthen the politico-diplomatic relationship.
Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.
Switzerland has come under international pressure, including from India, amid concerns that black money is stashed in Swiss banks.
Presently director at the Indian Council of Agricultural Research's Sugarcane Breeding Centre in Coimbatore, Bakshi Ram's next target is to improve both cane yields and sucrose content in cane varieties cultivated beyond the Vindhyas in Tamil Nadu and Karnataka, as also Maharashtra.
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
The finance ministry has put out a revised draft in public domain.
Advertising industry watchdog ASCI upheld complaints against 82 campaigns in June for misleading ads, including those of Flipkart, Uber, Snapdeal, Vodafone.
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The stylish batsman of yesteryears polled 173 votes while his opponent Prakash Chand Jain got 73 votes. His entire panel won their respective contests.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
The top court said the private hospitals including laboratories have an important role to play in containing the scale of the pandemic by extending philanthropic services in the hour of national crisis.
Inter-state supply may come under GST composition
Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.
Rejecting IMF and World Bank's "unduly" pessimistic projections, Prime Minister's key economic advisory council chairman C Rangarajan on Thursday exuded confidence that the growth would be around 5.5 per cent in the current fiscal.
Former Delhi Police commissioner Neeraj Kumar was on Monday appointed as chief advisor of the Board of Control for Cricket in India's Anti Corruption and Security Unit (ACSU) for a term of one year.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.
The announcement declaring New Delhi Municipal Council a winner of the smart city challenge came when the rest of Delhi was drowning in urban waste.
Her speech was laced with Hindi, Urdu, Sanskrit and even Tamil verses.
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