Income from renting of properties is taxed at a flat rate of 10%.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
The agreement on pricing last month marks a significant step towards promoting energy security in the region, say Nisha Taneja & Samridhi Bimal.
Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs 800 crore (Rs 8 billion) to carry out exploratory drilling in an offshore block in the Bay of Bengal, off the Tamil Nadu coast.
'Wanting to see the bright side of things, we always told ourselves, 'It could have been worse!', when the situation got tough.' Air Commodore Nitin Sathe (retd), who helped rebuild the IAF's Car Nicobar air base after the 2004 tsunami, recalls the devastation on United Nations World Tsunami Awareness Day.
Three IIT-M students have developed a smart air purifier that removes dust, pollen, pet dander, particulates and pollutants that cause us the most harm, like mould, viruses, bacteria and gaseous chemicals.
AAP has promised lower electricity bills, free basic water supply.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
'She dwarfs every known politician of recent times with her imperious aura, iron will, tremendous drive, dauntless pursuit of goals she set before herself, ability to capture the people's imagination and unshakeable grip over her party and government,' says B S Raghavan, the distinguished civil servant.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
A report submitted by the consortium of seven Indian Institutes of Technology on way to rejuvenate the Ganga river is at heart of Prime Minister Narendra Modi's ambitious plan to restore the glory of the river.
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
"You cannot have a lockdown of people, and a lockout of the economy. That is not the way to formulate policy. We are not criticising, we are only saying it is time to rethink, we will support the government in every possible way," said Kapil Sibal.
The government is currently holding consultations with all stakeholders including state governments, local bodies and those keen on developing smart cities.
Political strategist Prashant Kishor, who played a key role in victories of Narendra Modi-led BJP in general elections and the Janata Dal-United-Rashtriya Janata Dal-Congress alliance in Bihar, on Wednesday attended a meeting with Congress vice-president Rahul Gandhi to craft the party's strategy for Uttar Pradesh polls.
With the launch of the first indigenous aircraft today, India will join a club of nations like the United States, Russia, China, the United Kingdom and France that possess nuclear-powered submarines
Puja at the Kedarnath temple is set to resume on September 11. However, the yatra to the battered shrine wouldn't resume this season.
'India needs to learn in Kashmir how to spread development.' 'Pakistan needs to learn in Balochistan how to spread development.' 'China needs to learn in Xinjiang and Tibet.' 'And if they can show tangible benefits, there will be less terrorism.' 'No one wakes up in the morning saying 'I want to kill myself', right?'
Amphibian buses have a capacity to carry 32 persons and cost Rs 2 cr. Amphibian Tours plans to introduce six such buses for tourists over a year
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.
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
On July 16, 1991, the world's first hospital on a train chugged out of Mumbai's Chhatrapati Shivaji Terminus on its maiden journey. Twenty-six years later, the Lifeline Express (also called Jeevan Rekha Express) continues to take a multitude of medical services, from major surgeries to dedicated cancer treatment, to the people of India.
In an exclusive chat with Rediff.com, AAP leader Ashutosh says the biggest challenge for the party would be to "develop a model for alternate politics"
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
Deane De Menezes hopes to reduce the awkwardness and stigma around menstruation.
The Global Hawk can carry out surveillance of a stretch of land or ocean for over 30 hours continuously, physically scanning up to 100,000 sq km each day.
Days after ending the row over his parliamentary seat that brought to fore strains in his relations with Narendra Modi, Bharatiya Janata Party veteran L K Advani on Monday kicked off the campaign for Lok Sabha polls, saying the party's PM nominee would revive the process of development started by Atal Behari Vajpayee.
Manish Sisodia's elevation as Delhi CM would set Arvind Kejriwal free to take up a significant role in national politics, or he could return to activism, says Sudhir Bisht.
A report authored by UN's panel of scientists from across the world on climate change and sent to the governments of 197 countries has ominous news on the climate change front.
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.
Nine days after they got trapped in a partially collapsed under-construction tunnel near Bilaspur in Himachal Pradesh, two workers were on Monday rescued.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Nuclear Power Corporation of India Limited on Wednesday dismissed reports about a blast or steam pipe leak at the Kudankulam Nuclear Power Plant, saying there was only "an incident of hot water spillage" in which six persons were injured.
The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.
