Companies making larger profits are now paying a lower rate of effective tax because of concessions
Industry cheers while unions label the move veiled entry of a 'hire & fire' regime.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
Congress vice president Rahul Gandhi on Wednesday attacked Prime Minister Narendra Modi and Delhi Chief Minister Arvind Kejriwal, saying change cannot be brought by merely making promises and alleged that poor were being deprived of their rights in the name of development.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
The definition of affected family includes farm labourers, tenants, sharecroppers and workers in the area for three years prior to acquisition.
Bringing the curtains down on the four-month-long unrest at Jadavpur University, Vice-Chancellor Abhijit Chakrabarti on Monday agreed to step down from the post following the intervention of West Bengal Chief Minister Mamata Banerjee.
The Biju Janata Dal will not oppose the government simply for the sake of opposing it, BJD Member of Parliament Bhratruhari Mahtab tells Aditi Phadnis.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
You can return to Delhi even after 25 years and find that friends treat you as if you had never left, says Rahul Jacob.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
Once a bountiful water body, years of neglect, rampant encroachment and dumping of untreated sewage and industrial waster has virtually turned Bellandur lake into a large septic tank.
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
'Islamic State has declared that the liberation of Islamic Xinjiang from China is an objective. Beijing may well find that Pakistan is unable to assist in any meaningful way,' says China expert Jayadeva Ranade.
India has built two top-secret facilities in Karnataka to enrich uranium in pursuit of its hydrogen bomb dream.
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
At least 13 attempts were made earlier at modernising.
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
Decommissioned aircraft carrier INS Vikrant's voyage came to an end on Friday as workers at the Darukhana ship-breaking yard in Mazgaon docks in Mumbai began scrapping down the warship.
'Pakistan has employed force to curb Baloch aspirations and rights. There have been charades of giving rights and concessions and packages, but all of them are hollow and meaningless and not even worth the paper these are written on.' 'Pakistan is appeasing China for the investments which will benefit them. The economic corridor with China will not only deprive the Baloch of their land and resources, but will turn them into a minority because of the influx of outsiders.' 'The Balochs want to be masters, not slaves and hired labour in their own land.'
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
A profile of Rajasthan chief minister Ashok Gehlot.
When Pope Francis canonizes the late Mother Teresa at the Vatican on September 4, she will officially be recognised as a saint of the Roman Catholic Church. However, for her followers in Kolkata, the title is a mere formality.
Sheela Kochouseph Chittilapally is one of the most successful woman entrepreneurs in Kerala with a Rs 75 crore business.
The India that needs strategic alliances, defence cooperation and engaging meaningfully with neighbouring countries is quietly moving ahead with confidence, says Tarun Vijay
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
