Watches, pens, shawls, shirts or even shoes, the former finance minister had a penchant for all of them and his collection consisted of the choicest of brands ranging from "Patek Phillipe (in watches) to Mont Blanc (in pens)".
The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.
Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.
Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent. Experts have said that the travel firm must not change its brand name.
The amended India-Mauritius tax treaty has inserted a new clause allowing source-based taxation at 10 per cent on fees paid for technical and consultancy services.
People applying for a British visa will pay Rs 200 to Rs 400 less under various categories from Monday.
Bill Clinton had delivered 54 speeches last year for a total fee of US $ 10.1 million. That, says the New York Times, complicates the vetting process that Hillary is undergoing by the Obama transition team. Clinton's post presidential life as a globe-trotting philanthropist, business consultant and speech-giver poses the highest hurdle for his wife to overcome if Obama chooses to nominate her as secretary of state, the paper said, citing aides of the Clintons and Obama
Loan rates will change at the next reset, while deposit rates will continue till maturity.
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
One in five students drop out from school.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
Executives of Indian airlines said that the drop is primarily for flights to major metro cities like Delhi, Mumbai, Hyderabad, Bangalore, which are the prime revenue generators on the domestic front.
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
South Africa have named uncapped batsman Theunis de Bruyn in their injury-hit squad for the three-match home Test series against Sri Lanka that starts on December 26.
'They are employing graduates who have just passed out, paying them Rs 5,000 and making them teach. I said \n\nall this must stop,' says Dr U R Rao, whose report on technical education has created huge controversy.
'I have always believed that life doesn't get easier or more forgiving; we only get stronger and more resilient.'
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
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The change means that Panghal, an Asian Games gold-medallist in 49kg, will now have to move to 52kg, while Thapa and Kaushik will have to forego the 60kg division and move up to the newly-created 63kg. Thapa is a three-time Asian Championships medallist and a world bronze-medallist, while Kaushik won a silver medal at the Commonwealth Games last year.
The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
Sellers on platform listed products out-of-stock on Monday against increased commission, fees on returns.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Banking and telecom will see the highest impact of this transition.
Trai's move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.
All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate home and auto loans, but the RBI said loans to micro, small and medium enterprises (MSMEs) should also be linked to an external benchmark.
India's leading sports management company, Professional Management Group (PMG) has signed promising batting talent Rishabh Pant, on a five-year deal for an undisclosed fee.
Gill, who studied at Modern School and Hindu College in Delhi, joined Deutsche Bank in 1991 and became its India CEO in 2012.
Close to 202,000 new entities have registered under the GST Network
GST is levied on every transaction in the supply of goods and services, barring certain exempted items
Compliance requirements, valuation, input tax credit transfers are likely to lead to tax litigation, says Sayan Ghosal.
A new approach called life planning can help you prioritise the use of your time and money.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
US Olympic swimmer Ryan Lochte lost all four of his major sponsors on Monday, including Speedo USA and Ralph Lauren Corp, following his apology for an "exaggerated" story about being robbed at gunpoint at the Rio Games.
'Tinkering will not do. Merely staggering spectrum dues comes nowhere near solving the problem,' cautions Rahul Khullar.
Benzema to stand trial in sex tape case, says lawyer.
The India government needs to work on policies that can enhance global trade.
Former ESPN Star Sports MD Sawhney has already been working alongside outgoing Chief Executive Richardson for the last six weeks to ensure a smooth transition.
The move, first announced in March 2014, is expected to generate net annualised cost savings of $175-200 million once fully implemented.
Inter-ministerial group to meet on Thursday to finalise model concession pact.