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Articles for Finance

India Says US Social Media Giants Must Obey Its Laws

Industry executives say India's tussle with Twitter, coupled with discontent over increasing regulatory scrutiny of other U.S. digital giants such as Facebook's WhatsApp and Amazon (AMZN.O), has soured the business environment in a growth market.

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Jet Airways Posts Rs 153 Cr Loss In 2020 June Quarter

The total income of the airline, which has not flown since April 17, 2019, stood at Rs 10.96 crore in the June quarter of the last fiscal.

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GST Reduced Tax Rate, Increased Compliance; More Than 66 Cr Returns Filed In 4 Years: Finmin

GST has significantly eased one of the most complex indirect tax systems and a company looking to do business in every state had to make as many as 495 different submissions.

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Sebi Decisions To Encourage Retail Investors' Participation In REITs, Say Realty Players

REIT is a tax-efficient vehicle that enables owners of real estate to pool income generating assets together in a portfolio.

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SpiceJet Stocks See Buying on Fundraising News

The share prices of SpiceJet, a Gurgaon-headquartered leading low-cost airline, saw increased buying even today and ahead of the June 30 Board Meeting where it is expected to discuss fund raising.

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Covid Forced DU To Hold Online Exams, Give Digital Degrees

The final-year students, who graduated after taking the online examination, were issued digital provisional certificates in order to enable them to apply for admissions in higher education, including in foreign universities.

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Co-Op Banks Shall Not Outsource Core Management Functions: RBI

Cooperative banks are increasingly using outsourcing as a means for reducing costs as well as for availing specialist expertise, where these are not available internally.

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Smart Cities Mission: Urban Retrofitting set in Big Goals

With a vivid scope for the elaborate spread of research and innovation-based urban development program, the Ministry of Housing and Urban Affairs has enhanced detailed developmental projects, which are at the research and development phase. An actual transformation of Indian cities to global standards within Indian geography and challenges might be an expectation not matching with our imagination.

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UPL Sets Up New Global Biz Unit In Natural Plant Protection

The unit's global offering will continue to benefit from UPL's extensive global distribution footprint, drawing on innovation, research and development capabilities, and will be supported by UPL's unique, proven ability to rapidly bring products to market on a global scale.

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In A Continental Country Like India, One Size Fits All Farm Laws Will Not work--Y.K Alagh

Agriculture in India has traditionally been the playground of politics. What was required-- a few clean policies that empower Indian farmers, open the scope and take the fruits of Indian farmer to the global market. Instead, it became the de-facto sector for MSP- subsidy-only-policy that harmed the sector. And the alarming fact that India’s wastage of major agricultural produce was about INR 92,651 crore in 2016, called for reforms and measures. What is then three Bills offer? A reform, finally, is opposed by a section of farmers in India. Where is agri-technology and last-mile chain of cold storage? BW Businessworld's Manish Kumar Jha raises such issues with Y. K Alagh, a former union minster who laid down fundamentals in setting policies as the chairman of Agricultural Prices Commission.

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