IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
'One out of three phones sold in India is a Xiaomi phone.'
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.
India's banks are propping up too many weak producers.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
Months after making history by winning America's Got Talent, Mumbai's V Unbeatable dancing crew is crumbling under the lockdown.
'Outside investors don't want to get tangled up in a religious war.'
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
No Indian auto brand (including Tata or Mahindra) is well-known globally.
Two years ago, the number was 4,000, according to Indian businessmen.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.
'If you talk about any kind of equality, you are under attack.'
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
'Modi's promise of change during the election campaign was on the domestic front, but his first year in office focused on foreign policy beyond all expectations,' says Ambassador T P Sreenivasan.
'They are waiting for the kind of experience they had in the film, the kind of emotion they felt in the film.'
According to the report, the demand for materials needed for infrastructure projects like metals, minerals, buildings and transport equipment is expected to increase as the country invests in building its civil infrastructure.
Even as Union ministers allay misgivings over Agnipath, figures show a meagre 2.4 per cent of the ex-servicemen who applied for a government job could get one as the Centre and the states have been unable to recruit against the reserved quotas. Public sector undertakings (PSUs), ministries, and officials of Sainik Boards have blamed it on the lack of skill among ex-servicemen. They say veterans' inability to qualify in selection exams is one of reasons for this. Also, non-recognition of qualifications obtained from the military are reasons why their recruitment has remained significantly low, pushing them towards low-skill jobs.
In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.
'The most important issue for Indians, the only way in which to get them quickly out of poverty, is sustained high growth.' 'If we are not doing that despite a strong government and a leader with clarity of vision and purpose, we are facing big trouble.'
The new rules are aimed at providing a strong impetus to the industry and positioning India as one of the most competitive IT jurisdictions in the world.
Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
Gold demand in India is expected to be robust in 2014, likely leading to a further jump in smuggling if curbs on bullion imports remain, the World Gold Council (WGC) said.
The keynote address will be given by United States President Donald Trump
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.
In April and May, there were additions by RBI of 600 kg and 900 kg. RBI's total gold holding is now 561.9 tonnes.
By tying gold imports directly to export volumes, India is effectively trying to cap how much bullion can be brought into the country, tightening supplies and driving up local prices.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
China has cast a long shadow on India's economy.
Boost to dairy sector will generate jobs
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
