Opposition leaders on Thursday observed a 'Black Day' in Parliament premises to mark one month of the announcement of demonetisation, with Rahul Gandhi launching a scathing attack on Prime Minister Narendra Modi, saying his "foolish decision" has "devastated" the country.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
The Economic Survey called for improving business environment.
The lock-in would be for a period of six months.
The government is determined to stop generation of black money, he said.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
Telangana's Rythu Bandhu policy is an embryonic UBI, or rather embryonic QUBI (a quasi-universal basic income, pronounced Kyoo-Bee). And it could potentially also be the future of agricultural policy in India, says Arvind Subramanian.
Total subsidy bill could come down to around Rs 2 trillion.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
In order for somebody to do Big Brother kind of a job, one has to collect lots of data. Aadhaar collects very minimal data whether at the time of enrollment or at the time of authentication.
Never one to mince words, Rajan will walk away with a mixed legacy
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
Only tactical investors lose money in a downturn due to their short investment horizon
The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.
Accusing the erstwhile Congress governments of pursuing "vote bank politics", PM Modi reached out to the numerically significant Nishad community in Uttar Pradesh
India must carry on structural reforms, the finance minister said.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
China's slowing means commodity markets are no longer overheated.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
Investors should avoid jumping from their current funds into those that have outperformed lately, advises Arnav Pandya, a certified financial planner.
A Ganesh Nadar speaks to onion farmers in Nashik, India's largest wholesale onion market, about the high prices.
Market hopes govt will hike capital expenditure.
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
Inflation and asset prices have eroded the value of money.
IT and pharma companies again save the day; mask pain in domestic consumption.
It takes a longer time to avail of these loans, owing to tight due-diligence process of banks.
'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Do we not understand that risk and return go hand-in-hand, or do we, in our rush to get rich, simply choose to ignore risk, wonders Ramabhadran S Thirumalai.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
