Finance minister decided to reduce the income tax burden on the businesses.
Jaisinghani informed that at present there are 130 branches of HDFC Bank in the State and 50 per cent of them are in semi urban and rural areas.
Sectors such as construction and the informal roadside vendors are the worst hit by note-ban, an SBI research said in a report today.
Around 2,000 businessmen across 85 countries are expected to take part in the two-day Global Investors Summit beginning here on October 22, a senior government official said today.
Giving a thrust to country's efforts to move towards a "less-cash society", young businessmen in the country are ready to adopt electronic mode of transactions in view of safety concerns and other operational issues related to cash payments, says a report by MasterCard.
About 11.3 million leaked documents contain information on the offshore accounts of top politicos, businessmen and even some Bollywood stars. Over 500 Indians find a mention in the report. Here is a guide on the leaked documents.
While lending money, lenders are keen to ascertain the repayment capacity of the borrower. No wonder, net income of the borrower plays a crucial role. However, there are some ways out to raise money despite low net income.
A survey among French companies operating in the country has also found that around 66 percent respondents believe that this market demonstrates an imbalanced economic development, and 62 percent of them say corruption has led to increase in the cost of goods and services.
Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group (ISIS).
Modi also said his government has got some problems in legacy and his immediate priority would be to kickstart the things which were stalled by the "indecisiveness and lethargy" of the past governments.
He claimed that India is one of the fastest growing economies of the world. "It is now commonly believed that India is one of the fastest growing economies. There are several opportunities of development in India. All leading institutions like IMF, World Bank and Moody's agree that India is world's fastest growing economy," he said.
Indian High Commissioner Navdeep Suri today said the matter was discussed with Australian Trade Minister Andrew Robb during a trade and investment meeting held recently.
Three-year multiple entry visas are likely to be given to Pakistan businessmen. Multiple entry visas are also likely to be given to bus travellers on the Srinagar-Muzaffarabad route and Delhi-Lahore route.
Modi is also likely to meet Netaji's grand nephew Subhash Chandra Bose in Berlin on Monday. His visit comes amid the row over snooping on the relatives of Subhas Chandra Bose. There were reports that certain Intelligence Bureau files showed that the Nehru government spied on Bose's family for 20 years between 1948 and 1968.
On the one hand FM announced a cut in tax rate and on the other promises to do away with exemptions
Thirty three year old Nikhil Agarwal, with his agency All Things Nice, si out to introduce and educate people on wines, single mot chocolates and cigars.
The world of business was an exciting place in the â€˜90s and Pradeep Kharkar seized the opportunity to build a world-class engineering company.
Businessmen are in a constant fear that once more foreign brands set shop in India, it will hit their business as malls are already eating away profits.
India and Pakistan are expected to formally announce by May the finalisation of a new visa regime to facilitate movement of businessmen from both the countries, visiting Pakistan commerce secretary Zafar Mahmood said on Thursday
To boost bilateral trade, India and Pakistan will finalise a new visa agreement which will make it easier for certified businessmen from both sides to get one-year multiple-entry non-reporting visas, Pakistani High Commissioner Shahid Malik said here today.
Parrikar readies to present budget next week
An easing in direct taxation slabs will amount to more surplus in the hands of professionals and businessmen.
In the money changing shops dotted around Baghdad's Karrada district, Iraqi merchants dabble in many currencies, but these days some joke that banknotes from neighbouring Iran and Syria are only worth plastering on windows as decorations.
Telecom analyst Sanjay Chawla of Antique Stock Broking said the investigations will remain as an overhang on telecom companies.