The decline is attributed to lower salary growth and a rise in households' financial liabilities.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
While good news from several quarters has been trickling in, El Nino might be a dampener, says T N Ninan.
The flow of economic news suggests that "good days" are not here as yet.
Opt for an affordable house on a metro's periphery, invest and wait it out.
'This is the first time we will see how SIP investors react to market correction.'
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.
The PNB ambassador is Virat Kohli, Priyanka Chopra and Siddharth Malhotra are the faces of the Nirav Modi label, Kangana Ranaut, Kriti Sanon and others endorse the family of brands under the Gitanjali Group.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
Response to Rahul yatras in Gujarat forced GST cuts, says Congress. It reflects Modi's willingness to listen, says BJP.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
These three industries might offer a roller-coaster ride and stocks would have to be held for a significant time.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Large and small businesses alike have delivered low-key performances.
'My boss was a woman. Not any woman, she was a demanding, rude and foul-mouthed creature whom I liked immediately,' says Aakar Patel.
Post-elections, the pace is expected to be greater for inbound deals, which have been largely pushed back for many months now for want of better clarity on the policy stance of new government, experts said.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
A consortium of 10 banks, led by Axis Bank, funded the Delhi Airport Express line.
These smart cities should have the capacity to absorb, adapt and provide opportunities for both the poor rural migrants as well as the educated professionals, say Sujit K Pruseth & Sachi Satapathy.
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
'It will cause problems for people who deal in small amounts of cash.' 'I hope it does not cause law and order problems.'
The manufacturing sector during the fourth quarter recorded a growth rate of 9.3 per cent while the farm sector grew at 2.3 per cent.
Trouble is brewing for the Congress in Haryana with its Gurgaon Lok Sabha Member of Parliament Rao Inderjit Singh making a statement that Congress president Sonia Gandhi's son-in-law Robert Vadra must be punished if he is found guilty of 'sham land deals' in Haryana. Reenu Mittal reports
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