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Manchester City vs Barcelona: This time, no inferiority complex!

Manchester City vs Barcelona: This time, no inferiority complex!

'I think it was too much of a big game for us (last year)' 'No fear clearly is the mantra' '(Lionel) Messi and (Real Madrid's Cristiano) Ronaldo play in their own galaxy, but the rest do not. We're not going to be scared' Luis Suarez of Barcelona on the ball as Neymar of Barcelona, right, looks on during a Barcelona training session ahead of the UEFA Champions League round of 16 first leg match against Manchester City at Etihad Stadium. Photograph: Laurence Griffiths/Getty Images Manchester ..., 1 week ago

Govt deserves credit for raising fuel prices

Tthe real test of the government's resolve will happen as and when crude oil prices rise at a time when state elections are due. This week, state-owned oil marketing companies increased the prices of petrol and diesel.  This increase, of just under two per cent, came following 10 successive cuts in petrol prices, since last August, and six of diesel, since October. As global crude oil prices have now gone up, the oil marketing companies rightly passed on the additional burden to ...
 Rediff.com1 week ago

India's inflated GDP numbers contradict the real story

The gap between real growth and the government statistics has never seemed wider than today, notes Rahul Jacob.  Image: Gap between real growth and the government statistics has never seemed wider than today. Photograph: Reuters     For the past decade and a half, economists have grappled with the puzzle of just how reliable China’s gross domestic product (GDP) growth rate numbers are. Not only did the numbers come in consistently close to the Communist Party’s ...
 Rediff.com1 week ago

Good time to buy infra-related stocks for the long term: Analysts

A significant increase in planned public-sector capital expenditure, coupled with measures to increase investment and financing in the private sector, will be credit-positive for infrastructure companies Shares of infrastructure companies, including cement, have rallied by up to 10 per cent on bourses since increased spending in the sector was announced in the Union Budget for 2015-16. In contrast, the benchmark indices, the BSE Sensex and the National Stock Exchange’s Nifty are trading ...
 Rediff.com14 hours ago

La Liga: Real held at home; Simeone content with a point

Cristiano Ronaldo of Real Madrid shoots past Eric Bailly of Villarreal during the La Liga match. Photograph: Denis Doyle/Getty Images La Liga leaders Real Madrid dropped points at home for only the second time this season when Villarreal fought back from a goal down in an entertaining 1-1 draw that left Real two points ahead of Barcelona on Sunday. Champions Atletico Madrid also stumbled, a 0-0 stalemate at Sevilla denting their chances of a second consecutive Spanish title and leaving them ...
 Rediff.com1 day ago La Liga PHOTOS: Ronaldo's header helps Real beat Elche  Rediff.com1 week ago Champions League PHOTOS: Ronaldo on target for Real; Porto hold Basel  Rediff.com1 week ago Atletico rout Real 4-0 in derby  Rediff.com3 weeks ago

More gainers than losers in India Inc from Budget

Image: It’s time to take off for India Inc. Photograph: Reuters     Even as the markets initially reacted negatively due to lack of ‘Big Bang’ measures and as they sought clarity on various issues, it seems there are more gainers than losers from the Union Budget proposals.  One statement by the finance minister, “time for take-off”, perhaps sums it for India Inc.  For one, though not immediately, gradual lowering of the corporate tax rate ...
 Rediff.com1 day ago Visionary Budget but devil lies in the implementation  Rediff.com1 day ago The jury is out! India Inc gives full marks to the FM  Rediff.com2 days ago India Inc is on the cusp of restructuring, say experts  Rediff.com1 week ago

REIT tax clarity to benefit real estate

Significant change in taxation governing REITs has been announced in the Budget. However Union Budget 2014-16 has not announced anything to incentivize the affordable housing sector. Budget Provision First phase of Gujarat International Finance Tec-City (GIFT) will soon become a reality and appropriate regulations will be issued in March 2015. Rate of corporate tax will be reduced from 30% to 25% over the next 4 years. But the budget has increased the surcharge by 2%  to 7% and 12% for ...
 Rediff.com2 days ago Budget evokes mixed reaction among real estate players  Rediff.com3 days ago

Tax sops may help REITs attract $1 bn funds in 2015

Tax sops may help REITs attract $1 bn funds in 2015 New Delhi, Mar 1 (PTI) Real Estate Investment Trusts (REITs) could attract $1 billion worth funds this calendar year following tax benefits announced in the Union Budget, according to property consultant JLL India. Finance Minister Arun Jaitley on Saturday rationalised capital gain tax regime for the sponsors of newly-created business structure REITs. Further, the Budget also proposed that the rental income arising from real estate assets ...
 Rediff.com2 days ago

Mr Modi, sarcasm and humiliation are a waste of time

The Bharatiya Janata Party might have a majority in the Lok Sabha but sarcasm and public humiliation of rivals may not be the way to assert this. In fact, it is a waste of time, says Aditi Phadnis"Prime Minister Narendra Modi's decisive leadership style, combined with the 2014 election of an absolute majority in the lower house of Parliament of his Bharatiya Janata Party, will enable more decisive Indian decision making on domestic and foreign policy," James R Clapper, Director of National ...
 Rediff.com3 days ago

'Time for England to reshuffle the pack'

'James Anderson is a swing bowler rather than a ‘hit the deck’ type. In 50 overs’ cricket --  particularly World Cups -- he has hugely underachieved' 'One would have thought letting (Alex) Hales bat at the top and play his shots would give England their own (Brendon) McCullum' Manu Shankar/ spoke with former Essex player and fast bowling coach Ian Pont to assess England’s disastrous start in the ICC’s 50-over-a-side extravaganza. England captain ...
 Rediff.com6 days ago
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