Railway Budget is the first indicator of possibly better days
'The effect of demonetisation has been largely to drive black money above ground. But there are several interesting side-effects. One is the uncomfortable realisation that this can happen again, which is a deterrent to future sinners,' says Rajeev Srinivasan.
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
If tweets can do so much, why do we need an independent regulator and multiple committees discuss and recommend policy?
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
FATCA will facilitate flow of financial information between countries.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
Pulbic banks have no reason to cheer Budget announcement.
The behaviour of the foreign institutional investors is gauged from the numbers put out by the exchanges and regulators.
The formula for success of farm economy is very simple -- farmers should be able to produce more from the same piece of land at reduced cost while minimising risk and be connected to market to get higher realisation for their produce, points out Siraj Chaudhry.
When there is an enormous shortage of public hospitals, when state expenditure on health care is abysmally low by any international yardstick, tax money should be used to set up public hospitals, says T N Ninan.
The Rs 89 crore question before Tamil Nadu now is what shape a central intervention would take, and if there would be any role whatsoever for acting governor, Ch Vidyasagar Rao, in it, says N Sathiya Moorthy.
'You are beginning your professional life in a time of global turmoil, when economic systems and the earth's eco-systems are in deep crisis.' 'Societies across the world are struggling with the complexity of technological and social change happening at a speed that our species has never experienced before.' 'May you be more excited than frightened by the times we live in.' 'Precisely because the crises are so deep, there are also unprecedented opportunities for pioneering and brave work that can transform society, culture and economy to create a much better world for your children.'
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Developers are likely to start announcing their festive season offers soon, reports Sanjay Kumar Singh.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
I-T department raises tax demand on them for unpaid tax deducted at source
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
Charges were filed against against underground bitcoin exchanger Robert Faiella, 52, and chief executive officer and compliance officer of a bitcoin exchange company Charlie Shrem, 24.
'Government of India has the right to give directions to RBI'.
Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.
It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.
Chief minister Shivraj Singh Chouhan's task is to live down the hype and address the nitty-gritty, reports Radhika Ramaseshan.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimitris Stratoulis also voted against the package.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
The sector suffered grave turbulence in 2013 due rampant economic slowdown both globally and domestically, liquidity crunch, unstable currency, high input costs, labour shortage, high interest rates and growing inflation.
Dy Governor notes it's an era of job changes for better.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
On gold buying occasions such as Akshaya Tritiya, Chiraj Mehta points out, investors are often confronted with the question: Should I make just a token purchase, or should I buy more towards building my allocation in the yellow metal?
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
A basic problem is that the cost of spectrum and licences relative to earnings is too high.
Health insurance has almost 23 per cent market share in the general insurance space.
The 15-member body called for enhanced actions, from closing financial system loopholes to stopping the abuse of charitable causes, as well as updating the existing IS and Al Qaeda sanctions list.
Penalties for undisclosed foreign income and assets extend up to 300%.
'After watching Elvis Presley, Shammi Kapoor decided to pick the rock and roll star's style itself.' 'Dada was the kind of producer who took a leap of faith and gave Shammi Kapoor the freedom to display himself as crazy, mad, rough -- all the charms of Elvis Presley -- in his films.'
