In the October-December 2017 quarter alone, the Mumbai- headquartered firm recruited almost 3,000 people from outside India.
CMFRI Director Dr A Gopalakrishnan said there was a growing demand for new bioactive compounds of marine natural origin in pharmaceutical fields.
Following a massive spike in stressed assets, the RBI has since last June identified as many as 40 largest stressed accounts and have asked banks to send them to various debt recovery tribunals.
In a pre-budget survey by tax consultant EY, a wide majority of 69 percent of the respondents felt that the threshold limits for taxation would increase further in order to boost disposable income in the hands of the people.
"We have written to the finance ministry to bring to zero the import duty on coking coal from present 2.5 per cent," Steel Secretary Aruna Sharma said.
The company sees big shift in demand towards organised real estate developers post introduction of new real estate law RERA and GST, Bharti Realty MD and CEO S K Sayal said.
Finance Minister Arun Jaitley today performed the symbolic 'Halwa Ceremony' to mark the launch of formal printing of documents relating to the Union Budget 2018-19.
Divestments so far this year have garnered Rs 53,800 crore for the government and with this deal in the bag, its target of Rs 72,500 crore for the year is taken care of. The government has now revised its disinvestment target for FY18 to around Rs 92,000 crore.
The Indian rupee skidded further against the beleagured dollar as forex market sentiment took a hard hit on the back of suring global crude prices and growing trade deficit concerns.
The RBI today said it does not have any official posted at the Bank Note Press in Dewas, where a person has been apprehended allegedly for stealing currency.
The region also leads the rest of the country in terms of overall growth in mop-up at 24.12 per cent year-on-year against the national average of 18 per cent as of January 16.
While Budgets, at one level, are just statements of income and expenses, in India, the Budget speech is also the government’s statement of policies and intent and with FY19 being the last year of the National Democratic Alliance (NDA) government’s term and with a rather strong rejection by some voters in rural districts in Gujarat, the Budget 2018 is expected to have a farm focus.
Railways in fact was in the eye of a storm when domestic steel producers had objected to the ministry's decision to buy rails through a global tender on December 18 for the first time.
The Vice-President asked the real estate sector to curtail the speculative land rates as it was not helping anybody.
Improving the digital infrastructure will help achieve the goal of trebling GDP to USD 7.5 trillion over the next five years, telecom secretary Aruna Sundararajan said.
The Budget 2018 is upon us and start-ups in India have one key demand - clarity on taxation. Over the last few weeks, a slew of companies has been hit with tax notices. Most of these cases relate to fund-raising by start-ups from friends and family and individual angel investors or domestic angel networks like the Indian Angel Network (IAN) or Mumbai Angels who are not registered with Securities and Exchange Board of India (SEBI) as AIFs or alternative investment funds.
The road construction would further gather momentum with average addition of 28 km per day by March this year and 40 km per day by next year, he added.
The details of the cash and gold bars found in the raids have been shared with the Income Tax, Customs Department and Enforcement Directorate
Tech-savvy young investors, real estate players and jewellers are among those invested in bitcoin and other virtual currencies, tax officials told Reuters after gathering data from nine exchanges in Mumbai, Delhi, Bengaluru and Pune.
With the surge in M&A activities, it is imperative to have a befitting tax regime which gives an added fillip to these activities. There are various provisions under the Income Tax Act which confer tax neutrality to mergers and acquisitions upon fulfilment of specified conditions.
The minister was speaking at the launch of National CSR Data Portal and Corporate Data Portal of the MCA. He said because of online availability of data, it has become easier to dissect any impropriety, including that of funds being channeled through shell companies.
The two leaders will also discuss, among other trade and business matter, the envisaged free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member.
Earlier, import of these non-prime products called as seconds or defectives were not permitted through these ports.
Economic growth is probably at its weakest pace this fiscal year since before a new calculation methodology was introduced in 2014-15, the Jan. 10-18 poll of about 30 economists found.
Basic customs duty will be levied on electronic components such as printed circuit boards, camera modules and displays, which are at present imported without any duty.