India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
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No more waiting at toll plazas soon; NHAI plans e-tolling
The move is expected to help the country save thousands of crores of rupees annually in fuel consumption and speed up freight. The measure will help reduce congestion at toll gates and curb malpractices.
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India will post double digit growth despite bottlenecks: Kamath
Indian economy will eventually touch double digit growth rate despite bottlenecks like the stalemate over Goods and Services Tax (GST) as it has conducive conditions, eminent banker and president of BRICS New Development Bank K V Kamath said.
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After Ratan Tata, AirAsia chief joins fight over 5/20 norm, takes a dig at promoters of Indian airlines
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After Ratan Tata, AirAsia chief Tony Fernandes attacks older airlines over 5/20 rule
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Hoteliers ask for tax-free hospitality bond
Some of the key recommendations by hoteliers to the government mainly included those on on taxation especially the impact of GST on Tourism Arrivals, availing of Export Promotion Capital Goods Scheme (EPCG) and Service Exports from India Scheme (SEIS) without a Classification mandate, Issuance of Tax-free ‘Hospitality Infrastructure Bonds’.
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Adani Enterprise's new arm for coal washing biz
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There's no magic wand to push growth, says CEA
The government will have to go through a very difficult process of pushing reforms and projects to propel India to a high-growth path as it will not happen through some magic wand, chief economic advisor Arvind Subramanian said.
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Centre to take balanced view on fiscal deficit target: CEA
The government is open to the idea of going in for higher fiscal deficit to propel growth in the upcoming Budget and will take a balanced view after considering various factors, chief economic adviser Arvind Subramanian said.
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Vedanta Ltd wins first ever auction of an Indian gold mine
Chhattisgarh on Friday night earned the distinction of auctioning its first gold mine in India with Vedanta Private Limited quoting the highest bid of 12.55 per cent of IBM (Indian Bureau of Mining) price of Rupees 74,712/ troy ounce (1 troy ounce = 31.10 gram) to win the gold mine ...
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First Indian gold mine auctioned to Vedanta Ltd in Chhattisgarh
Chhattisgarh on Friday night earned the distinction of auctioning its first gold mine in India with Vedanta Private Limited quoting the highest bid of 12.55 per cent of IBM (Indian Bureau of Mining) price of Rupees 74,712/ troy ounce (1 troy ounce = 31.10 gram) to win the gold mine ...
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Trade: Avoid protectionism amid global turmoil
Need to reduce India's high tariffs in trade agreements
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Chart new course for trade talks, says survey
The Economic Survey on Friday recommended a complete change in India’s stance at the WTO — including on issues that it fought for at the recent meet in Nairobi — besides saying that the rupee should not be allowed to strengthen at a time when China is in grip of ...
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What if you fail to Make in India?As India becomes an easier place to start business, it must also ease laws to shut a business that is no more viable. The Economic Survey admits that the country’s business laws resemble the chakravyuha from the Ma
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Ease liquidity conditions or lower policy rates further
he Economic Survey has backed the idea of more easing of interest rates. It said the effective stance of monetary policy could be relaxed in two ways.
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RBI’s funds can be used to recapitalize PSU banks
The Reserve Bank of India (RBI) could deploy its capital or the government could sell off assets that it no longer wants to hold in non-financial companies and use the proceeds to make additional investments in public sector banks (PSBs), according to the Economic Survey.
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Investors slam $75m exit deal for Mallya
USL Says Ex-Chief Only Absolved Of Future Civil Liabilities, But Will Have To Repay Debt
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SBI and other bank employees to go on strike on Budget day
All India Bank Officers Confederation (AIBOC) has threatened to go on strike to protest termination of P V Mohanan, General Secretary of Dhanlaxmi Bank. The country's largest lender SBI on Friday said a section of its employees may take part in the said agitation on February 29.
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UltraTech scraps plan to buy Jaiprakash cement plants
UltraTech Cement has scrapped plans to buy two of Jaiprakash Associates' cement plants in central India after a court said the deal could not be allowed under current regulations. While UltraTech is part of the Aditya Birla Group, Jaiprakash best-known as the builder of India's Formula-1 track.
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Rupee bounces back by 10 paise vs dollar, trades at 68.62
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As Modi euphoria cools, India faces test to keep foreigners invested
Nearly two years after Narendra Modi was elected as Prime Minister with an ambitious business-friendly agenda, the feeble pace of reforms is starting to test the patience of one of his biggest group of supporters — foreign investors. They are showing their displeasure by heading for the exit.
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United Spirits to pursue recovery of $195 million United Breweries loan
United Spirits Ltd said it will continue to pursue a claim for the recovery of $195 million of loans to former group company United Breweries Holdings Ltd even after its founder Vijay Mallya agreed to leave the company. Mallya agreed on Thursday to give up his chairmanship and board position ...