Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
The sources claimed that scrutiny of his e-mail account resulted in discovery of five audio recordings pertaining to the period of 2011-13 which carry his purported instructions to the officers handling tenders and contracts to allegedly manipulate and favour Endeavour Systems, which is also named in the FIR.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.
Panel formed to simplify return-filing process, take feedback from stakeholders, experts
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
The guidelines, which have made service charge "totally voluntary and not mandatory", will be sent to states for necessary action
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
The cumulative illicit money moving out of India over a ten-year period rose to $439.59 billion
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview, suggests former IAS officer Ajay Shankar.
A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.
Talks with government officials on VAT waiver fails.
Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
'I'm a big fan of Hindu and a big fan of India -- big, big fan.'
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
Retail jewellers may be exempted as customers are allowed to buy jewellery up to Rs 200,000 in cash
Global cues lift Sensex 364 points; Nifty ends above 8,650.
'We need to see more Indian Americans and people of colour hold elected office and serve in executive roles.'
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'India is doing better than when we took office 17 months ago'.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
The Goods and Services Tax Bill was passed by the Lok Sabha in May.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
The government is also working on Euroclearing, the world's biggest bond settlement system, for Indian debt securities.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
Japan Plus to facilitate and fast-track investment proposals.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
Parliament on Thursday cleared the decks for the rollout of the historic Goods and Services Tax from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime.
Exports to India support 180,000 US jobs.
India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
