"Let people pay, but if they don't pay, go after them"
The gains will provide a much-needed reprieve after the rupee fell for a fifth week and hit an over two-month low last week in trade.
Singapore's single-rate GST structure cannot be India's model. But its practice of early announcement of rates much before their implementation should be emulated by India, says A K Bhattacharya.
With the new Indian government showing signs of economic reforms and brings in transparency in governance, the World Bank feels that the world's third-largest economy could achieve a growth rate of 5.5 per cent this year as compared to 4.7 per cent last year.
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
The highest ranking Indian-American in the Obama Administration, Raj Shah on Wednesday announced to step down as administrator of the US Agency for International Development in mid-February next year after receiving high-praise from the President.
'One provision in the Act -- immediate arrest (of those accused under the Act), made this act different from all other sections of the IPC.' 'With that provision snatched, the Dalit Act has become toothless because caste criminals feared this provision of immediate arrest the most.'
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
Advising media to exercise caution, Prime Minister Manmohan Singh on Saturday said the spirit of inquiry must not morph into a "campaign of calumny" and "witch-hunt" is no substitute for investigative journalism.
He also said the whole world knew that the BJP alone knows how to run the nation.
It is worth reconsidering if this fascination with either having a single party majority or Modi's leadership or, indeed, both, is such a great idea for India, says Udit Misra.
Prime Minister Narendra Modi on Thursday night left for Australia on the second leg of his three-nation tour during which he will attend the annual summit of the Group of 20 of the world's developed and emerging economies.
The members of Association of Southeast Asian Nations are Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Brunei Darussalam, Singapore, Cambodia, Lao PDR and Myanmar.
'For the BJP to lose this virtual pocket borough of the saffron brotherhood demonstrates how resolutely the people of Gorakhpur have turned against the party,' says Amulya Ganguli.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Report card of the Narendra Modi-led central government for the first six months, on the basis of ratings by top CEOs, under key parameters.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.
Standard and Poor's raised the outlook for India's "BBB-minus" rating back to "stable" from 'negative,' saying Prime Minister Narendra Modi government's 'strong' mandate would allow it to implement fiscal and economic reforms.
Jaitley was admitted to a private hospital in New Delhi on September 1 for surgery to manage a long-standing diabetic condition, and had originally been expected to leave after a few days.
Hundreds of thousands of ecstatic French fans celebrated the return of their World Cup winning football team on Monday, jumping and chanting "We Are The Champions" as their bus paraded down the Champs Elysees before a special presidential reception.
GST is the biggest revenue shake-up since independence
A US-raised Saudi Arabian princess freshly appointed to increase female participation in sport plans to help licence gyms and modify outdoor spaces for women in the ultra-conservative Gulf Kingdom, she said in an interview on Monday.
'I give Modi full credit, for brilliantly using his personal diplomacy, his personal stature, to accomplish his goals...'
India is projected to grow at 6.3 per cent in 2015 and 6.5 per cent in 2016, when it is likely to cross China's projected growth rate of 6.3 per cent, the IMF said.
Manoj Sinha will retain his current role in the railways.
IT major Wipro on Friday reported a 9 per cent rise in Q3 net profit at Rs 2,192.8 crore in Q3.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
In 2014, the benchmark Sensex rose by 6,328.74 points or 30 per cent and recorded a record high of 28,822.37 on November 28.
Led by the booming e-commerce sector, private equity investments in India surged over 17 per cent with deals worth $ 11.49 billion
'Whenever you see him on television or anywhere else, he gives off grandfatherly vibes.'
The prime minister said that a larger Indian economy has multiple benefits for the world
President Pranab Mukherjee gave a touching farewell to 'gentleman' Manmohan Singh, recalling their four-decade-long association from Singh's bureaucracy days till he became the prime minister.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
ITC, Sun Pharma, HDFC and Coal India were among the top gainers.
In the United States, economic data is likely to take a back seat next week.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
'The India-Canada relationship has suffered benign neglect. Its full potential has not yet been realised,' says Rup Narayan Das.
Growth in emerging market and developing economies will slow to 4.4 per cent in 2014, before rising to 5.0 per cent in 2015, it said.
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