After getting declarations of Rs 65,250 crore under the Income Disclosure Scheme (IDS), the tax department is planning more measures to curb black money in the economy. In an interview with Sunny Verma and Anil Sasi, Rani Singh Nair, chairperson of the Central Board of Direct Taxes (CBDT), discusses the steps being contemplated to widen […]
Renault is likely to stop offering diesel engines in most of its cars sold in Europe. The move by the French major, according to a September 6 Reuters report, is a result of the increase in the anticipated cost of ensuring that diesel engines comply with tighter emissions regulations following the crackdown on diesels launched […]
Progress on the resolution of stuck projects along with the adoption of new model for engagement of the private players,
the hybrid annuity model, has resulted in a pick-up in average pace of road construction.
The growth in cement output, meanwhile, was driven up by a pick-up in two infrastructure segments — road projects and housing, along with an urban development push across cities focussed on metro rail infrastructure and flyover construction.
The HRD ministry’s decision to partner with an affiliate of Microsoft Corp for developing a web-based education platform, experts say, has some loose ends, majorly the choice of a proprietary software over the open source ones, despite their proven track record at premier institutions
Russia has indicated that its Rosatom is open to shortlisting some Indian vendors. This could start with the localisation of mechanical engineering production to manufacture components and equipment in India to avoid time and cost overruns.
The government is redoubling its efforts to scale up the share of the hydro energy sector in the country’s overall energy mix. Two new sub-committees have been formed to specifically look at ironing out the legal and regulatory framework that is throttling the sector.
Mining has the distinction of being the most dangerous profession in India. Industry insiders concede that official numbers could be much lower than the actual deaths that take place deep inside the mines.
A significant share of the record foreign direct investment (FDI) equity inflows — at an all-time high of $41 billion in 2015-16 — have largely been routed to the services sector, which is reflected in employment buoyancy in these sectors, while most manufacturing sectors are faced with a progressive contraction in labour numbers, according to […]