Since loyalty drives bottom-line, companies should invest a bit on measurement to drive that value.
Following India's levy, the US decided to start an investigation under Section 301 of the Trade Act, 1974, into the digital services taxes that have been adopted or were being considered by a number of countries, including India, to 'unfairly' target American tech companies.
India has also conveyed the Work Programme on E-commerce (1998) needs to be reviewed regularly and it should be a standing committee agenda item at the meetings.
Flipkart’s technology prowess will enhance ABFRL’s omni-channel capabilities, enriching customer experiences while continuing to provide access to premium loyalty programs and affordability constructs for which Flipkart is known, the company said.
Indian Railways’ passenger fares have always been heavily subsidised. And while passenger revenue has been hit with Covid crippling operations, even freight fares, which offset the lower passenger fares, have been reduced.
The responsibilities of RBI’s four deputy governors need to be defined and given proper titles and job roles. This will ensure that specialists are chosen for these roles, and will signal to the government that appointments need to be made in time as departments cannot be transferred that easily
COVID-19 related revenue stress is likely to be substantive, with sources expecting at least a 2 percent decline in revenue receipts this fiscal
The government sees private sector invest coming back and is emphasising on monetisation of assets, he said
How can we spot a troublesome customer? What are the early warning signs? How do we deal with such customers?
This bonus will be given to employees shortly before Vijayadashami in a single instalment through a direct transfer, the minister said
As per the proposal, which is in its final stages and will move to the Cabinet soon, a cap of up to 4 percent will be imposed on royalty payments, the source said
Union Finance Minister Nirmala Sitharaman on October 16 said a V-shaped recovery is being seen in several high-frequency indicators.
The Finance Ministry said that it would borrow Rs 1.1 lakh crore and give that amount as loan to states under a special borrowing window, rather than states do it on their own. A legal battle with states is something the political leadership wanted to avoid with regards to the GST Council, sources told Moneycontrol.
In an exclusive interview, DIPAM Secretary Tuhin Kanta Pandey says plans for FY21 include IPOs of RailTel, IRFC Ltd and WAPCOS Ltd. and the privatisation of Nilanchal Ispat Nigam Ltd plant in Odisha, and the Salem and Bhadravathi steel plants of SAIL Ltd. Pandey also said the government is trying its best to complete the privatisation of Shipping Corp, Concor Ltd, Bharat Earth Movers Ltd and Central Electronics Ltd before March 31, 2021.
With all these going around, the idea of unbiased sample is getting a beating. What does it really mean?
Besides getting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation, states are also entitled to get unconditional permission to borrow the final instalment of 0.50 percent of GSDP out of the 2 percent additional borrowings permitted by the Centre, under the terms of Option-1
In a research paper, former CEA argues that the Indian domestic market is still quite small, and is likely to remain so over the medium-term, since domestic demand will be weighed down by heavy debts across the economic horizon—in firms, households, and the government.
The vexed issue of GST compensation cess has put the government in a bind. Opposing states contend that the government is constitutionally bound to compensate them and are not willing to accept the options provided by the Centre.
In the Budget for 2019-20 (Apr-Mar), finance minister Nirmala Sitharaman had proposed issuing sovereign bonds overseas to raise a part of the government's market borrowing. In Budget for 2020-21, the government announced plans to include Indian government securities on global bond indices
The International Monetary Fund, in its World Economic Outlook report late on Tuesday, said that Bangladesh is set to beat India in terms of per capita gross domestic product (GDP) in calender year 2020.
"Additional borrowing permission has been granted at 0.5 percent of the Gross State Domestic Product (GSDP) to those states who have opted for option 1 out of the two options suggested by the Ministry of Finance to meet the shortfall arising out of the Goods & Services Tax (GST) implementation," the government said
The Centre's insistence to not term the borrowing issue as a dispute is primarily based on concerns that states might then use it to push for a dispute resolution mechanism
The government also announced an additional budget of Rs 25,000 crore, which would be provided for capital expenditure of Centre on roads, defence, infrastructure, water supply, urban development and domestically produced capital equipment
In August, the Centre had proposed two options to states, to either borrow Rs 97,000 crore (on account of GST implementation) through a special window facilitated by the RBI or to borrow the complete shortfall of Rs 2.35 lakh crore (including Rs 1.38 lakh crore due to COVID) from the market
The US was also pulled up by India, along with countries like EU, New Zealand and others, who questioned the US on subsidies that it provides to its farmers. These countries pointed out that the total quantum of support provided by US breaches the WTO ceiling for US on agricultural products