Such a drastic intervention overrides existing private bilateral commercial contracts
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
Kolkata Knight Riders and Sunrisers Hyderabad find themselves in troubled waters, having lost two of their last three games
The Deenanath Mangeshkar Hospital in Pune, India, has stopped taking deposits from patients at the emergency department after a pregnant woman died after being turned away for non-payment. The hospital faced intense criticism following the incident, which involved the wife of a BJP MLC's personal secretary. The woman was shifted to another hospital where she died after delivering twins.
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
'Trump has signaled that he has changed his stance on the H1B visa from his first term.'
'Health and motor insurance will continue to be our two most important segments'
A lot of NFOs were mis-sold and we frequently come across clients who request us to re-assess their NFO-heavy portfolios.
The matter come to light when Divyanshu Singh, a former student of the university, sought information under the Right to Information Act after coming to know about some students of first and second semester of the D Pharma course were passed in a test despite writing wrong answers.
Personal growth and self-discovery are significant factors in the rise of grey divorces, says relationship expert Kanchan Rai.
Dinesh Raheja views Raj Kapoor's cinema through his women, while celebrating his birth centenary on December 14.
'The impact of CBDC on deposits and deposit insurance is largely unknown.'
In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.
Passive consumption of social media content, like mindlessly scrolling through feeds without engaging with them, has been linked to increased envy and decreased life satisfaction, cautions Dr Maithili Tambe.
Muhammad Yunus, the head of Bangladesh's interim government, has said that former prime minister Sheikh Hasina making political remarks from India is an 'unfriendly gesture', asserting that she must remain silent to prevent the discomfort to both countries until Dhaka requests her extradition.
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce, according to the Economic Survey for 2023-24. The Survey tabled in Parliament on Monday also laid emphasis on the private sector's role to create employment in the country saying "In more than one respect, the action lies with the private sector. "In terms of financial performance, the corporate sector has never had it so good."
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
Alamgir said that even after the fall of the Hasina government following a people's uprising, the 'Indian establishment is yet to reach out to BNP, even though China, the US, the UK, and Pakistan have already done so.'
Amid growing clamour for enhanced punishment to perpetrators of the Delhi gangrape, Congress today underlined the need for a re-look at the Juvenile Act as one of the accused in the case is a minor.
'Our plan was simple... use his (Mayank) space against him'
He has been advised to use crutches to take the load off the knee.
Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."
A bench headed by Chief Justice DY Chandrachud was hearing a plea of several unsuccessful candidates of the higher judicial services examination held recently in Rajasthan.
Radhika Madan's new film Sanaa opened at the UK Asian Film Festival on May 11, and the actor has been making fashionable pictures at its promotions.
Sans Hardik, it's starting all over again for dominant India
Did Jake Fraser-McGurk walk away with your vote?
Pele, 82, has been battling colon cancer since September 2021 and was hospitalized on Nov. 29 for doctors to re-evaluate his treatment. He is also being treated for a respiratory infection diagnosed following his hospitalisation.
Once a quality stock has been bought, the next challenge is to hold on to it -- no mean feat in this age of information overload and incessant noise.
Nearly 33 per cent of the 424 parents who took part in a survey reported that their children were approached by strangers via online platforms soliciting friendships, seeking personal and family details and broaching up sexual advice.
The International Hockey Federation (FIH) on Friday said it has decided to "abandon" the trial of the new penalty corner rule as it doesn't want to tinker much with the existing set piece regulation, a glamour aspect of the sport.
After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. During the first quarter of the 2023-24 financial year (Q1FY24), the fund house arrested its declining market share, bolstered by stronger equity fund results and subsequent ratings upgrades. Mahesh Patil, the chief investment officer, attributes this resurgence to changes in the fund management team and adjustments to investment strategies.
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
Markram said it was a hard pill for them to swallow.
Comedies are a difficult genre to pull off in today's day and age, thanks to the audiences' increasing exposure to diverse content and dwindling attention spans. Still, there are quite a few Tamil movies that can bring on the laughs. Arjun Menon lists the recent releases you can watch at home.
Brazilian soccer great Pele said on Saturday he was "strong" and grateful for the widespread support he has been receiving after being hospitalized in Sao Paulo earlier this week as he battles colon cancer.
Zverev has consistently denied all the allegations.
