Government policies
Google tax, Krishi Kalyan Cess to compound service tax burden
01 Jun 2016
While a 0.5 per cent cess will take service tax rates to 15 per cent for most services, a 6 per cent “Google tax” on cross-border digital transactions will place a new burden on e-commerce start-ups
India’s new capital goods policy targets 21 mn new jobs by 2025
25 May 2016
The policy targets increasing capital goods production from Rs2,30,000 crore in 2014-15 to Rs7,50,000 crore in 2025 and raising the share of capital goods in total manufacturing activity to 20 per from 12 per cent
Apple fails to get waiver of 30% local sourcing norm
25 May 2016
Apple Inc’s proposal to set up wholly-owned retail stores has been approved by the Foreign Investment and Promotion Board, but it has not succeeded in getting a waiver of 30 per cent local sourcing
India further tightens norms for Bt cotton seed pricing
21 May 2016
Following soon after the imposition of price controls on genetically modified cotton seeds in December last year, the government has now capped royalties for any new variety that biotech firms develop
India unveils intellectual property rights policy
14 May 2016
The IPR policy recognises the need to tap into the abundant creative and innovative energies in India and channelise these to innovation rather than succump to Western pressures over trademark protection
Bankruptcy code clears final hurdle as Rajya Sabha votes
12 May 2016
The bankruptcy code, which unifies more than four overlapping sets of rules, will help slash time taken to wind up a dying company or recover dues from a defaulter
SFIO probing 187 companies running MLM schemes
04 May 2016
Govt defers decision on FDI approval for Agusta-Tata JV
03 May 2016
Indian Rotorcraft Ltd, set up in Hyderabad Aviation SEZ for assembling AW-199Kx helicopters, had sought an increase in its approved FDI of Rs17.6 crore to Rs19.64 crore and a change in the foreign investor from AugustaWestland SpA to Finmeccanica SpA
New bankruptcy code to speed up loan recovery
02 May 2016
Real Estate Act comes into force
02 May 2016
The new rules are expected to create an environment of trust and confidence, paving the way for credible transactions and efficient and time bound execution of projects
Modi govt relents, revises FY16 EPF rate to 8.8%
29 Apr 2016
SC directs common all-India medical entrance test from this year
28 Apr 2016
The apex court approved the proposal to treat the scheduled All India Pre-Medical Test (AIPMT) fixed for 1 May as the first National Eligibility Entrance Test (NEET-1), which will be followed by NEET-II on 24 July
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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