India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials.
To make it easier for investors to buy or sell mutual fund products, fund houses are offering the facility of investing in such products by using the Aadhaar number. The investor can invest online in mutual fund products even if the person is not compliant with Know Your Client (KYC) ...
Tamil Nadu government has set the ball rolling for establishing the state's first 800MW supercritical coal-based power plant, with chief minister Jayalalithaa laying the foundation stone for the Rs 6,000 crore project.
Frequency between Kerala and Middle East would increase to 119 flights from the present 96 as per the summer schedule announced by Air India Express, country's first international budget airline.
Union minister Nitin Gadkari has said the country requires $1 trillion for the development of new roads, ports and airports over the next few years. He said the NDA government is set to transform India's infrastructure and added there is no dearth of funds for this priority area.
In an interview to TOI on the sidelines of the the ET Global Business summit in Delhi, chairman of global tax and audit firm PwC Dennis M Nally identified reform of the tax system as the big ticket item government should pursue.
Also said the government is making right investments to make the manufacturing initiative a success story
The foreign reserves' kitty had plunged by $1.72 billion to $347.20 billion for the week ended Jan 15.
The government will soon exploit economically unviable coal mines for gasification to produce cheaper urea to cut down on huge Rs 55,000 crore annual subsidy on the fertilizer, Union Minister Nitin Gadkari said on Saturday.
Sundaram Finance reported a 8% fall in third-quarter profit after the Chennai-based non-banking finance company incurred higher expenses and paid out more in terms of employee benefits, despite seeing higher income from operations.
Cholamandalam Investment & Finance Co Ltd reported a 31% rise in third-quarter standalone profit after the Chennai-based lender saw more income from its vehicle and home loans.
Low cost carrier (LCC) SpiceJet will hike its cancellation and excess weight charges, apart from advancing the no show time for cancelling tickets, from Monday, February 1.
The railways ministry is investing billions of dollars to modernise the sector and give a push to the "Make in India" initiative, which is a "marathon" and not a "sprint", railways minister Suresh Prabhu said on Saturday.
The Budget session of Parliament is likely to begin on February 23 as the Cabinet committee on parliamentary affairs headed by home minister Rajnath Singh meets on February 4 to finalize the broad schedule. Usually, the budget session begins in the third week of February and concludes early May.
More Indian travellers are buying at duty-free stores in local airports instead of overseas, attracted by discounts and a growing range of spirits.
While the priority is to have AML framework in place in Europe and US, it is also being created in Dubai, South Africa, Mauritius and Singapore.
Pledging to continue structural reforms to accelerate growth, finance minister Arun Jaitley on Saturday said India has the potential to grow at 8-9 per cent, and only a higher growth rate can end poverty.
Kumar Birla rated the demographic dividend as the biggest positive for India, that was endorsed by Sunil Mittal later.
The government will provide as much capital as required to public sector banks, but these banks must also clean up their books of bad loans, Sinha said.
"Innovation is absolutely critical given the disruption sweeping across companies," said Dominic Barton, managing director, McKinsey & Company.
Vineet Jain said India had the potential to be growth engine of the global economy and urged the government to press ahead with reforms.