The first two digits of the 15-digit GSTIN represent the state code as per the Census of India, 2011. The next 10 digits are the taxpayer’s PAN. The The thirteenth digit is assigned based on the number of registration within a state. The fourteenth digit is Z by default. The last digit is the check sum digit code.
Extreme heat alters the density of air, making it thinner. Thin air prevents generation of required ‘lift’, and makes it more difficult for aircraft to take off. Thus, as it gets hotter, planes need progressively longer runways and greater engine power to reach the speeds needed to become airborne.
The NIIF was set up with a targeted corpus of Rs 40,000 crore over the years— 49 per cent of this amount to be funded by the government and the remaining to be raised from domestic and global investors, including international pension funds, sovereign wealth funds, among others.
With state-run carrier Air India reeling under financial pressure, the chorus for its disinvestment has off late gained momentum, with Finance Minister Arun Jaitley being the latest to have suggested the same.
Apart from the DIPP secretary, the FIPB comprises the commerce secretary, economic affairs secretary, overseas Indian affairs secretary and economic relations secretary in the Ministry of External Affairs.
While the govt says “we welcome investment from Qatar or from any one else”, local airlines say that permitting 100% FDI in domestic market does not bring in much capital investments as most planes in the sector are leased and departure & landing slots are assets
With the share of lending to the retail segment still below par, there is potential for banks and NBFCs to increase their exposure to this loan category and thereby attain growth, thus making them preferred investment options in comparison to others