When you look at the sharp hike in tax arrears—from R2.49 lakh crore in FY11 to R6.75 lakh crore in FY15 for direct taxes and from R56,890 crore in FY11 to R1.5 lakh crore in FY14 for indirect taxes—it is easy to assume this is money the ... Financial Express, 1 week ago
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India Ratings estimates that if the current leverage levels are to be reduced to FY10/FY11 levels (FY10 median leverage 3.3; FY11 median leverage 3.5), in a scenario wherein India experiences the turbocharged growth observed between FY05 and FY08, the process ...Money Control, 2 months ago
Cement capacity utilisation which was around 71% in FY14 is likely to improve to 73% to 75% in FY16, as was last seen in FY11, says India Ratings.Money Control, 1 month ago 23mt cement capacity addition lined up in FY16: ICRA Business Standard India, 4 hours ago Ind-Ra: Cement Demand Growth to Outpace Supply Growth Business Standard India, 1 month ago India Cement demand to outpace supply growth: Ind Ra CommodityOnline, 1 month ago
Mumbai: Vikrant Mhatre, an executive at a Mumbai-based research firm, will be buying his first car soon. The 23-year-old is opting for Hyundai Elite i20 Asta 1.4 CRDi—the top-end model of the premium compact car that costs Rs. 7.99 lakh ...Livemint.com, 52 minutes ago
BMT Design & Technology (BMT D&T), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, is celebrating 10 years in business this month. Established in 2005, BMT D&T is recognised as ...Noodls, 11 hours ago
The government will argue that the higher deficit will be used to fund productive investment, not wasteful consumption. Economists often separate the near term from the long run. It is a useful analytical device to think about policies and reforms.Indian Express, 1 day ago
Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from 2016-17 to 25% by 2020 The Government has presented Union Budget 2015-16, while showing bright outlook for the Indian economy. Budget lacked big-bang reforms, but has provided extra attention to improving of investment climate and economic growth. The Finance Minister extended the fiscal deficit reduction roadmap to 3% by one year to 2017-18 mainly to ...Rediff.com, 1 day ago
ICICIdirect.com's report on Voltas Technical Outlook The stock remains in a secular up trend forming rising peaks and troughs on all time frames. Currently the stocks is poised at a key support being the confluence of medium term rising trendline ...Moneycontrol.com, 2 days ago Buy Voltas; target of Rs 348: ICICIdirect Moneycontrol.com, 1 month ago Buy CARE; target of Rs 2175: ICICIdirect Moneycontrol.com, 2 months ago
Banks and employee unions have finalised the 10th bipartite settlement at a 15% increase versus a 17.5% increase in the last negotiation in 2010. A 15% salary hike is on expected lines with most banks providing for a 12-17% increase. SBI, PNB, ...Financial Express, 3 days ago
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