The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
The industry wants relief, rationalisation of multiple taxes; says govt policy hindering growth, while help would ensure transofrmation.
The country may become militarily impressive, pile on GDP and the durbar of the ruling party may fill with the wealthy indebted to the rulers for their riches. But the spontaneous camaraderie of a free people will diminish and with it, our shared ownership of the country, warns Shyam G Menon.
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
'Unless we get the health and economic situations right at the same time, we will not recover.'
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
Post-1991 reforms have brought unrecognisable change.
Gandhi said that the BJP government has clearly mishandled the economy that was built by the United Progressive Alliance government, and is now resorting to selling the country's assets as a "last resort" to generate some money.
"The fourth quarter results of GDP data showed a phenomenal 7.7 percent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years," Jaitley said in a Facebook post.
With cities getting cluttered with concrete jungles, there is a need for innovative building designs.
There are considerable implications for corporate governance in the structure of the initial public offering of Facebook.
'A setback in UP will be nothing short of a political disaster on the eve of the 2024 general election.' 'Will it mean that Modi will be able to stay in his new house only for a year after it becomes ready?' asks Amulya Ganguli.
From a 15-16-level hierarchy, the organisation is moving to a flat five-level hierarchy.
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
The Congress will only survive if it can transform into something more like the BJP used to be: A coalition of strong state leaders held together by shared ideology or personal loyalty, suggests Mihir S Sharma.
According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP). "Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.
The reforms include relocation of 229 officers from the Army headquarters, creation of a new post of deputy chief for military operations and strategic planning.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
China may accord recognition to the new government in Kabul at an early opportunity, predicts Ambassador M K Bhadrakumar
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
'The government and the RBI have been playing a very good part in terms of inflation management.'
Pakistan is making efforts at multiple levels for the Taliban government to have a soft landing, observes Ambassador M K Bhadrakumar.
The struggling steelmaker said the sale includes several South Yorkshire-based assets, including electric arc steelworks and bar mill at Rotherham, steel-purifying facility in Stocksbridge and a mill in Brinsworth.
The CM said that initial probe indicated "mismanagement" to be the prime reason for the accident, which occurred on Wednesday evening.
Tier-II and Tier-III cities to emerge as new BPO hubs to offer services in Indian languages for telecom, aviation sectors.
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
Yogini and wellness entrepreneur Radhika Iyer Talati tells you how simple modifications in your lifestyle can help you lead a healthy life.
In a norm reversal, Nitish's village gets transformed, his house remains as it was.
China on Sunday commissioned the world's largest radio telescope which has a 4,450-panel reflector as large as 30 football pitches, boosting the global hunt for extraterrestrial life.
As China begins rejuvenation of its military power, there is an urgent need for transformation of the Indian military, says Lieutenant General Anil Chait (retd).
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
Without our realisation, basic AI is already managing our personal and work lives through emails, work processes and even entertainment
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
Priyanka, who conducted a meeting with local Congress workers inside the party office for around 16 hours on Tuesday, told reporters, "These things will keep on going, I'm doing my own work." She made the remarks when asked if Vadra's questioning by the ED affected her.
China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
Dayanita Singh, artist and curator, is giving photography a new art form.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.