Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
At present, 58 per cent of the population has bank account.
There has been nothing consolidated in the Budget for this section that may transform entrepreneurship in any meaningful way
The capital outlay for the three services, for modernisation, stood at Rs 78,586.68 crore
'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'
The tax dept has served notices on about 36 foreign investors.
All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.
The crackdown in the corporate espionage case led to the arrest of another person on Monday.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
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Food and fuel inflation in India have remained high for several years, the paper said, adding to durably reduce the current high inflation, the monetary policy stance needs to remain tight for a considerable length of time.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
The Employees' Provident Fund Organisation and the Labour Ministry are in touch with the Prime Minister's Office for the purpose, a senior official said.
The party said it is "considering opposing" the proposal for taxing the PF corpus in Parliament.
Vodafone is facing tax liability over its $11 billion acquisition of a 67 per cent stake in the mobile-phone business owned by Hutchison Whampoa in 2007.
This will incentivise employers to recruit unemployed persons and also bring into books the informal employees.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
The Rail Budget will announce introduction of AC suburban trains in Mumbai.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
Govt proposes to introduce redeemable gold bonds.
Congress MPs approach PM to protest against Chidambaram's public remarks on blaming Mukherjee for economic crisis.
The Committee headed by senior BJP leader Yashwant Sinha had proposed no tax on income of up to Rs 300,000 per annum; 10 per cent for Rs 300,000-10 lakh (Rs 1 million); 20 per cent, for Rs 10-20 lakh (Rs 1-2 million) and 30 per cent on annual income beyond Rs 20 lakh (Rs 2 million).
We are spectators who have no voice and no power to influence the giant changes being imposed on all of us, says Aakar Patel.
In absolute terms, fiscal deficit went up by 33.6 per cent in April-December 2017 and the revenue deficit by as much as 40.7 per cent compared to the same period the previous year, said Sudipto Mundle.
The deputy chief minister and senior Bharatiya Janata Party leader Sushil Kumar Modi on Tuesday said the Central government was unlikely to deliver special status to Bihar before the general elections.
The meeting with the top officials of public sector banks is scheduled for March 5, a senior finance ministry official told PTI.
'We get an overzealous army of tax inspectors pushing the economy too hard,' says Ajay Shah.
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
The fiscal deficit in current fiscal has been estimated at 3.9%.
The minister said it was important to have a flag carrier.
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Sebi keen to attract larger number of retail investors
It will be headed by Secretary, Department of Financial Services.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
The farming community expects much more substance from the government, Ajay Vir Jakhar.
In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
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