As the retail industry undergoes the next wave of evolution, providing a specialised experience to shoppers is the key.
An exemption from the levy of dividend distribution tax, as announced in Budget 2016, removes one of the major hurdles in the path of the trusts' take-off.
While Maruti Suzuki India, Hyundai and Tata Motors have announced to increase the prices with immediate effect, Mahindra & Mahindra will hike the prices from April 1 onwards.
Sensex managed to close the session with a paltry gain of about 40 points at a one-month high of 24,646.48 on heightened chances of RBI delivering a policy rate cut sooner than later.
“Lending on the brand value of Kingfisher Airlines is a major concern. We have questioned the banks. It is basically an intangible asset. We are digging into the issue,” said CBI sources.
In his reply to discussion on President’s address, PM Modi invoked Nehru, Indira and Rajiv, as well as Stalin and Khruschev.
The Nikkei/Markit Services Purchasing Managers’ Index sank to 51.4 in February from January’s 54.3, but chalked up its eighth straight month above the 50-level that separates growth from contraction.
On Monday, finance minister Arun Jaitley announced in the Budget 2016-17 that the government will unveil a roadmap for consolidation in public sector banks.
The court also said that it can’t allow such arrests under its watch and there was a need to ensure that such things don’t get repeated.
Also, with the amendments planned to the RBI Act, the government expects the Monetary Policy Committee to become functional by December, Das said in an interview.
The rupee rose for the fifth straight session to close at a fresh 7-month high of 67.34, rising by another 20 paise on sustained selling of dollars by banks and exporters.
The effective rate of the Krishi Kalyan Cess, however, will be lower than 0.5 per cent as the government will provide input tax credit for the cess, as against no input tax credit for Swachh Bharat Cess.
They use this pool to take care of their financial needs — be it buying a house, education fund for their children, marriage fund or their own retirement.
Arun jaitley said the EPF withdrawal tax is not aimed at raising revenues, rather the emphasis of the government is to make India a pensioned and insured society
Post Jaitley's budget, unions threatened to go on strike, demanding that the government immediately rollback the announcement.
Prime Minister Narendra Modi, speaking in the Lok Sabha, used wit and barbs as he responded to the attack by Congress over various initiatives of his government, including 'Make in India' and MNREGA.
The launch of the world's longest non-stop flight between Dubai and Panama City, which had been slated for March 31, will now occur in late 2016 or early 2017 due to "operational factors".
MoS Ram Shankar Katheria made controversial comments at a condolence meeting organised over the death of a VHP worker.
Maruti Suzuki India did not specify when they will apply the new prices.
Accuses Modi of ‘single-handedly destroying’ UPA work to isolate Pak