Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
IRDA seems to be sleeping. It is bothered about the well-being of the insurance companies and not about the man on the street who is buying costly Ulips.
'Access to finance is one of the most crucial needs in the economy.'
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
Now, you can own a two-wheeler for Rs 18.5 per day
Swarms of immature pink locusts and adult yellow locusts are currrently active. Not only are fresh locusts swarms expected to arrive in the coming weeks, but even those already present in India have mated and are breeding new offspring.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
In their election affidavits, Sonia Gandhi declared a 45 per cent drop in her income in 2017-18 compared to 2013-14, while Irani's income increased roughly an 80 per cent increase in her income in the same time span.
Finance Minister Pranab Mukherjee sought to soothe the frayed nerves of India's financial regulators by saying the government would not undermine their autonomy. Mukherjee's assurance came a day after Reserve Bank of India Governor D Subbarao went public with his "concerns" over dilution of the central bank's role in dealing with inter-regulatory disputes in the Ordinance issued last month.
This would make India the world's second-biggest nuclear energy market after China
Customers would not have to pay for the additional repairs to their Brio, Amaze or CR-V, built between September, 2011 and July, 2014, recalled by Honda Cars India to replace faulty airbags.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
At a time when central banks around the world are getting empowered to deal with a range of market- and growth-related challenges, it is disturbing to see the government of India use the subterfuge of a weekend ordinance to diminish the status of the Reserve Bank of India (RBI).
'One thing I've learned about nuclear power is that these are not fast kind of time-lines.'
The key beneficiary of this expansion in the motorcycle market happens to be Bajaj Auto.
'It may serve the interests of the rule of law if the Supreme Court were to appoint the UNHCR as amicus curiae in the CAA case,' notes Ambassador M K Bhadrakumar.
The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy
India has a 'natural global partnership' with US, says PM.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
Experts expect the trend to continue in the near term.
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
Gandhi said for the first time he has seen that all sections of the society in the state were 'protesting', whether it was the Patidars, Dalits, anganwadi workers or farmers.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
The new equation between 'Namo' and 'Barack' may well 'convert a good start into lasting progress.'
On a two-day tour of her constituency Rae Bareli, Gandhi highlighted the UPA government's focus on education. She sought to impress upon all how the a budgetary provision of Rs. 2.25 lakh crore had been made to insure successful implementation of the Right to Education Act over the next five years
About 25-30% of total units launched are unsold across country.
The total direct tax collection stands at a little over Rs 9 trillion, giving the taxman just few days to reach the 2018-19 revised target of Rs 12 trillion., reports Shrimi Choudhary.
Shameen Alauddin finds out more about Touchkin which has raised $1.3 million to develop an artificial intelligence coach for your behavioural and mental health.
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
The CPI(M) has asked the government to express its disapproval.
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
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