Although the RBI has dispersed the money, three government departments have no clue about the management of the fund
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For tax incentives with no set date of termination, the government will set March 31, 2017 as the so-called sunset date
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Civil Aviation Minister Ashok Gajapathi Raju says the state government's measure is like 'taxing an economic activity to death'
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More money in hand means more consumption but payouts may strain the state exchequer putting pressure on fiscal deficit unless direct, indirect tax collections remains robust
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Maintaining the growth trajectory, domestic air traffic rose nearly 19 per cent to 70.39 lakh passengers in October as onset of tourist season saw more number of fliers.
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A gold deposit scheme launched amid fanfare by Prime Minister Narendra Modi two weeks ago has so far attracted only 400 grams, an industry official said on Thursday, out of a national hoard estimated at 20,000 tonnes
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Will higher salaries prompt people to spend more on cars and houses, triggering a cycle of spending and investment? Investors, traders and economists are all looking forward to the implementation of the Seventh Pay Commission award, which can lift demand across segments of the economy.
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The cabinet has cleared the sale of another 10 per cent stake in Coal India that could raise as much as $3 billion
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The Foreign Investment Promotion Board has cleared six FDI proposals envisaging foreign investment of Rs 1,810 crore, including that of IIFL Holdings
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It is generally said that if a government policy pleases more people than it upsets, the devil lurks in the fine print. This could be the case with the draft National Civil Aviation Policy unveiled on October 30.
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