Friday, September 22, 2017

Archive for February, 2016

Budget: Startups not excited, expected more from govt

Monday, February 29, 2016 23:27

The startup world reacted with muted enthusiasm to the budget, showering mild praise on proposals, which were anyway anticipated, and urging the government to do more to remove burdensome tax rules. Finance minister Arun Jaitley kept the prime minister's word on tax breaks on profits made by startups, and ...

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Asian shares rise after China stimulus step

Monday, February 29, 2016 23:21

By Lisa Twaronite TOKYO (Reuters) - Asian shares rose on Tuesday, boosted by China's monetary easing and downbeat manufacturing and service surveys that raised hopes of additional measures, although lacklustre U.S. and European data kept alive

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Indian shares gain over 2 pct on budget, track Asian markets

Monday, February 29, 2016 23:20

MUMBAI, March 1 (Reuters) - Indian shares rose more than 2percent on Tuesday, tracking gains in Asian markets after Chinaeased monetary policy and as investors were comforted after thegovernment stuck to its fiscal deficit target for the yearstarti

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US stocks: S&P 500 slides below closely watched threshold

Monday, February 29, 2016 23:08

Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground. US indexes gave up early gains despite a 3 per cent rally in US oil prices. Stocks and oil have been strongly correlated in recent months as crude prices ...

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Times guide to personal tax

Monday, February 29, 2016 23:06

Increase the rate of surcharge on income exceeding Rs 1 crore to 15% from 12%.

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China stocks rise at midday following PBOC easing move, PMIs weigh

Monday, February 29, 2016 23:00

SHANGHAI, March 1 (Reuters) - Chinese stock investors gave alukewarm welcome on Tuesday to the central bank's latestmonetary policy easing move, as disappointing manufacturing andservice sector surveys continued to curb risk appetite. The

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‘Now collaborate with Oppn to get GST through’

Monday, February 29, 2016 22:52

By Sachin Bansal, Executive Chairman, Flipkart Why does India get anxious just before the Union Budget announcement every year? The reality is that the government announces policy changes through the year and the Budget is not the only policy game changer. However, the Budget sets the mood of the ...

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Budget 2016: Coal cess in line with India’s climate commitments

Monday, February 29, 2016 22:40

NEW DELHI/KOLKATA: Clean energy tariffs will rise by 15-20 paise due to Budget proposals, but doubling of the green tax on coal to Rs 400 per tonne will help clean energy narrow the gap with conventional power. Finance minister Arun Jaitley has proposed phase-out of tax concessions to commissioned ...

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Budget 2016: Get ready to enjoy a global thali

Monday, February 29, 2016 22:32

Walmart and Tesco are likely to take advantage of the government's latest liberalisation policy of allowing 100% overseas capital in processed food retailing. After years of vehemently opposing any foreign investment in multi-brand retail, the BJP-led government on Monday sprung a surprise with an unexpected announcement in the Budget ...

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Budget 2016 a stepping stone for the giant leap forward: Kumar Mangalam Birla

Monday, February 29, 2016 22:22

At a time when the global economy appears increasingly wobbly and financial markets choppy, the Budget has kept its focus on inclusive growth and on enhancing the competitiveness of the Indian economy, even while maintaining the principle of fiscal prudence. Before the Budget, one was wondering if the finance ...

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