REPORT

  • Bangladesh arrest main suspect in U.S. blogger's killing 4 days ago

    Dhaka: Bangladesh's anti-terrorism unit said it had arrested on Monday the main suspect in the killing of a U.S. blogger who died in Dhaka last week in the latest attack on critics of religious extremism in the Muslim-majority nation. Forces from the Rapid Action Battalion (RAB) arrested Farabi Shafiur Rahman, who...
  • Twitter adds 'dox' option in abuse-report system that will ask banned users to verify contact info to resume tweeting 5 days ago

    New Delhi: Pepping up the security on its microblogging plaform, Twitter has announced that its abuse-report system will now include an option for users to report 'doxing' content that intends to collect personal information like name, age, email, address, telephone number, etc. to be able to tweet again. Twitter's Vice President...
  • Mimimum government and maximum governance to improve ease of business: Jaitely 6 days ago

    Finance Minister Arun Jaitley in his Budget on Saturday focussed on the need of ease of doing business and highlighted the government's policy of 'Mimimum government and maximum governance'. Reducing the number of levies, Jaitley subsumed the Education Cess and Secondary & Higher Education Cess leviable on excisable goods in...
  • Rs 1,000 crore fund for tech start ups, entrepreneurs: Government 6 days ago

    New Delhi: Finance Minister Arun Jaitley on Saturday announced Rs 1,000 crore for promotion of start ups and entrepreneurs particularly in the technology sector. "We are now seeing a growing interest in start ups. Experimenting in cutting edge technologies, creating value out of ideas, initiatives and...
  • E-Commerce companies hope Jaitley will find a way out of current tax muddle 1 week ago

    Bengaluru: India's IT capital is the hub of booming e-commerce. And in budget 2015, India's e-commerce companies are hoping they will find a way out of their current tax muddle. With online shopping and online transactions growing by leaps over the last year, the big e-commerce players like Amazon and...
  • Railway Budget 2015: HC tells Railways to reconsider commuters' security policy February 26, 2015

    Mumbai: The Bombay High Court on Wednesday asked the Railways to reconsider its policy on providing security to commuters in long-distance trains while hearing a petition filed by a young woman who lost her leg after being was pushed out of a moving train as she was chasing a thief...
  • Rail Budget 2015: Have single window clearance for infra cos, says BMR February 25, 2015

    Revival of investor confidence is key to put economy back on a growth trajectory. The National Manufacturing Policy ("NMP") and the 'Make in India' campaign (along with the National Manufacturing Competitiveness Programme) is expected to position India as the 'business partner' for creating a 'world class manufacturing hub'. While manufacturing...
  • Rail Budget 2015: Suresh Prabhu to unveil plans for raising resources February 25, 2015

    New Delhi: With Railway finances under terrible strain, all eyes will be focused on whether Railway Minister Suresh Prabhu will hike the fares and freight rates in the Rail Budget on Thursday which may contain proposals for 'Make in India' initiatives besides enhancing safety and security. Minister of State for Railway...
  • Union Budget 2015: FM must set realistic revenue, spend targets, says Religare February 25, 2015

    Brokerage house Religare expects the government to continue on the path of fiscal consolidation in the upcoming Budget. But it has cautioned that unlike in the past, revenue and expenditure targets need to be realistically framed. Also, a credible fiscal consolidation strategy over the medium-term is highly anticipated and required,...
  • Union Budget 2015: FM needs to kickstart investment cycle, feels CII February 25, 2015

    New Delhi: As Finance Minister Arun Jaitley gets ready to give final touches to Budget 2015, India Inc is hoping for bolder reform action to revive growth but can the finance minister manage to put up a fine balancing act? Speaking to CNBC-TV18's Shereen Bhan, CII president Ajay Shriram said...
  • Railways needs Rs 2 lakh crore to complete projects, getting private money is not easy February 25, 2015

    (KH Muniyappa is a seven time MP (Lok Sabha) from Kolar in Karnataka. Between 2004 and 2014, he was minister of state Railways, Transport and Minister of State (Independent charge) Micro, Small and Medium Enterprises) New Delhi: The health of the Indian Railways in not in good shape. The Railways is...
  • Union Budget 2015: Fiscal reforms will determine ratings, says Moody's February 25, 2015

    Mumbai: Moody's Investors Service said on Wednesday that its assessment of India's credit ratings will be determined mainly by the extent of its fiscal reforms, not recent revisions to its economic growth data. The comments come a day after rival Standard & Poor's said India must boost growth, cut its fiscal...
  • Mumbai: MNS activists allegedly vandalise Kharghar toll plaza on Tuesday evening February 25, 2015

    Mumbai: Nearly ten to twelve men, suspected to be workers of the Maharashtra Navnirman Sena (MNS) have allegedly attacked a toll plaza in Navi Mumbai's Kharghar on Tuesday evening. Reportedly, the manager at the toll plaza, Rakesh Singh has sustained injuries. The act was caught on the CCTV cameras installed...
  • Union Budget 2015: Homemakers want low inflation & simple investment options February 24, 2015

    Though Finance Minister may find it difficult to offer a balanced budget for the nation, home-makers are doing that tough job at home almost every month. Given high inflation in recent times in consumer goods there is not much money left in the hands of the home-maker and still she...
  • What India Inc wants: Top CEOs expectations from the Union Budget 2015 February 24, 2015

    In a roundtable discussion with CNBC-TV18's Shereen Bhan, consulting firm BMR's chairman Mukesh Butani, Phillips India MD Krishna Kumar, Shriram Capital chairman Arun Duggal and Jindal Steel and Power CMD Ravi Uppal discussed their expectations from finance minister Arun Jaitley's Union Budget that will be presented in Parliament this week....
  • Investors looking for a 'growth oriented budget' February 24, 2015

    Earnings of the companies dictate the stock prices of the companies in the long term - says the old wisdom. Though the sentiment is buoyant in Indian stock markets, most long term investors are worried about earnings growth. No wonder investors are looking at the forthcoming budget with a lot...
  • Union Budget 2015: SME wants bigger pie of action February 24, 2015

    Small and medium enterprises (SME) are backbone of Indian economy. SME contributes 45 per cent of industrial output, 40 per cent of country's total exports and employs over 6 crore individuals. SME can play an important role in 'Make in India' drive of the government. Despite this, SME are offered...
  • Union Budget 2015: Brokers demand lower taxes to boost investor participation February 24, 2015

    Rise in stock markets invariably is accompanied by spurt in volumes. However it can further go up, if the investors and traders are offered lower transaction charges. Transaction charges do account for taxes which are levied on the transactions. No wonder, brokers are vocal about cutting down the transaction charges...
  • Rail stocks plunge up to 13 per cent on profit-booking February 24, 2015

    Mumbai: Rail stocks on Tuesday fell up to 13 per cent on heavy profit booking ahead of the Railway Budget for 2015-16 on Thursday. Shares of Kalindee Rail Nirman (Engineers) Ltd plunged 12.62 per cent, Titagarh Wagons slumped 9.99 per cent and Texmaco Rail & Engineering tanked 9.21 per cent...
  • Union Budget 2015: Government should give more tax sops to insurance, says Max Life February 24, 2015

    Upcoming first full year Union Budget of the Finance Minister, Arun Jaitley, would be carefully matched, as it is expected to provide directional clarity on the Modi Governments economic agenda. This is the time and the biggest opportunity for the Government to showcase its vision for the economy and industries....
  • Over 56 per cent polled expects a radical Budget, says Grant Thornton February 24, 2015

    It's less than six days to go for the Union Budget and expectations are running high. In an interview to CNBC-TV18, Pallavi Bakhru, director, Grant Thornton, said the euphoria quotient has never been higher. Discussing the firm's pre-Budget poll on India Inc's expectations from Finance Minister Arun Jaitley, Bakhru said...
  • Union Budget 2015: Time to gear up tax regime for outbound investments, says EY February 24, 2015

    With the changing landscape of Indian businesses, we are witnessing a significant and rapid geographical shift in doing business. Recent times have seen the Indian multinationals regularly flexing their muscle abroad. Not only has the last few years seen established Indian business houses making significant outbound investments into capital intensive...
  • Pre-Budget expectations for commodity markets: Religare February 24, 2015

    The market, like every time, has huge expectations and this time, hopes are revolving around lowering of subsidy burden, widening the tax net, supportive policies for the industry and rational allocation of funds. Also, some key points present in the agenda of the new government which should form part of...
  • Union Budget 2015: Government may pursue spending to push economic growth, says Aditya Birla Money February 24, 2015

    The annual budget will be presented on 28th February, 2015 and there is an air of expectation which has built up around it. This is Modi government's first full budget and hence a lot of emphasis is going to be placed on the government's flagship promises since 2014 (Swachh Bharat,...
  • Markets riding for a fall unless budget delivers February 24, 2015

    Mumbai: Investors in India say the government's first full budget must find a way to boost capital spending while exercising fiscal restraint, or a subsequent sell-off in debt and equities could destabilise the rupee, risking a return to levels seen in 2013. Prime Minister Narendra Modi's election victory nine months ago...
  • Analysts see Budget meeting fiscal numbers February 24, 2015

    Mumbai: As the BJP-led ruling coalition at the Centre gets ready to present its first full-fledged Budget, analysts said the government is most likely to meet its ambitious 4.1 per cent fiscal deficit target, helped by lower oil prices. They also expect Finance Minister Arun Jaitley to stick to the...
  • Brokerages expect Budget to stay firm on fiscal consolidation February 24, 2015

    New Delhi: Expecting the upcoming Budget to stay firm on the fiscal consolidation roadmap, brokerage firms believe that higher allocation can be made for capital expenditure amid a sharp decline in oil subsidy bill. "We expect the government to continue on path of fiscal consolidation, budgeting for fiscal deficit of...
  • Union Budget 2015: Seven things Nomura expects from Finance Minister Arun Jaitley February 24, 2015

    The Modi government's first full year Budget to presented on Saturday is unlikely to be affected by the outcome of the Delhi elections, and will be a fiscally prudent one, feels brokerage house Nomura. "Kick-starting public investment in infrastructure and incentives for Prime Minister Modi's medium-term initiatives such as Make...
  • Union Budget 2015: Cut loan interest rates for 1st time buyers to 6-7 per cent, says Raheja February 24, 2015

    Given the government's big promises of providing housing for all by 2022, sources say Budget 2015 could see a hike in the rebate offered on home loans. In an interview to CNBC-TV18, Navin Raheja, chairman and managing director, Raheja Developers says the government would work at giving more disposable income...
  • Rail Budget: Six ministers in six years, will Suresh Prabhu compensate for wasted years and opportunities? February 24, 2015

    New Delhi: The Indian Railways may have failed to achieve growth and speed up work in the last 6 years, but it has achieved one thing. India has seen six Railways ministers in the last six years. The relative stability at the Ministry of Railways came under serious threat after...