'Potent nationalism doesn't just distract from the economic task at hand; it actively undermines it.'
Singapore retained its title as the world's most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take inherent risks while investing, says Hitesh D Gajaria, partner and head of tax, KPMG in India.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
The Al Qaeda and other terror groups are obsessively meticulous about accounting. Leave alone guns and explosives, they keep an account of every penny spent -- even on a bar of soap, a light bulb or spaghetti.
Import growth moderated to a four-month low, owing to sharp decline in that of gold.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
The Facebook chief said his top priority has always been his social mission of connecting people, building community and bringing the world closer together.
The Modi administration has been unable to initiate key reforms.
A "shocking" fraud involving 106 people, including former New York city cops and firefighters, who allegedly used the 9/11 terror attack disability benefits worth hundreds of millions of dollars to fund their lavish lifestyles, has been cracked by authorities in New York.
Narendra Modi has made it easier for businesses to buy farm land.
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.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Filing with inadequate disclosure of assets will be liable for prosecution
The central government has drafted a law to restrict wombs for hire, and there is much to be said on all sides.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Forex dealers said besides dollar's gains against the euro overseas, increased demand from importers for the US currency and a lower opening in the domestic equity market also put pressure on the rupee.
It's too big to digest as one whole airline.'
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
The rupee fell to a two-year low of 64.84 against the US dollar.
Trump said that his proposal should be supported by both parties (Republican and Democratic) as a fair compromise -- one where nobody gets everything they want, but where the country gets the critical reforms it needs.
Sensex lacklustre, bluechips in focus.
As a result, as per the House version of the Bill, the Obama administration must certify that Pakistan has met before releasing $450 million in aid.
The minister further said the rupee will regain the ground it lost against other currencies in the past few days.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
Indian market has been plagued by negative sentiment and triggers
The anti-CAA protest was an ugly rant more consistent with the violent chaos of anarchy, argues Vivek Gumaste.
Karan Choudhury reports on the implications of the strict Real Estate (Regulation and Development) Act and the prosecution of Unitech MDs, Sanjay Chandra and Ajay Chandra, in an alleged fraud case.
'The government may backpedal for now to stave off bad international press and diplomatic demarches, but that it will go ahead with putting religion at the centre of citizenship rules is certain.' 'For it is convinced that this is the magic bullet that will ensure its return to power in 2024,' says Saisuresh Sivaswamy.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
After a decade-long wait, the IAF will transform 80 ageing Jaguar fighters into highly capable, multi-role, combat aircraft.
Investors attribute some of the growth in Indian stocks, that saw Bombay's benchmark BSE index rise nearly a third in 2014, to the election of a pro-business government in May, under Prime Minister Narendra Modi.
India is the second largest buyer of Iranian crude, after China.
'Poverty-stricken and drought-affected families in Bundelkhand and Marathawada are selling their children for as little as a few hundred rupees.'
The BSE Sensex was among the world's best performers in 2014, rising almost 30 per cent after Prime Minister Narendra Modi took office on promises of reforms to boost growth
