2016

The Act also does not offer any solution to project delays on account of authorities delaying environment paper work or any penalties on such authorities.

Cabinet approves changes in proposed Motor Bill

The Cabinet today approved amendments in the Motor Vehicles (Amendment) Bill, 2016.

NPA formation showing declining trend in March qtr: Jaitley

The rate of rise in bank's non-performing assets has slowed down in the March quarter and the steel sector has started showing signs of improvement, Finance Minister Arun Jaitley said today.

Key takeaways from Warren Buffett's 2016 shareholder letter

Berkshire Hathaway released the 2016 annual letter to its shareholders written by its legendary chairman Warren Buffett.

About 82,000 millionaires shifted overseas in 2016: Report

According to New World Wealth's latest report on global wealth and wealth migration trends in 2016, for the second straight year Australia remained the top country worldwide for millionaire inflows, beating out traditional destinations such as the US and the UK.

Indian consumers most confident globally in Q4 2016: Nielsen

Indians continue to be most confident globally when it came to job prospects, personal finances and immediate spending intentions in the fourth quarter of 2016, according to Nielsen.

Pfizer Q3 net up 4% at Rs 62.37 cr

Drug firm Pfizer today reported 4.36 percent rise in standalone net profit to Rs 62.37 crore for the quarter ended on December 31, 2016.

China's preliminary 2016 fiscal deficit $413 bn, above target

China had a significantly larger fiscal deficit in 2016 than it targeted, according to a Reuters calculation based on preliminary data released on Monday by the Finance Ministry.

No stocks, property disclosure under new black money scheme

Pradhan Mantri Garib Kalyan Yojana, 2016 provides an opportunity for black money holders to disclose income in the form of cash or deposit and pay tax, surcharge and penalty totaling in all to 49.9 per cent of the declared income and an additional 25 per cent deposit in the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016.

Budget 2016 recap: When Jaitley focused on Bharat

Finance Minister Arun Jaitley presented the Union Budget with a focus to alleviate the slowdown in rural India, which had been battered by back-to-back years of drought.

'123456' most common password of 2016: Study

Numeric combination of '123456' was the most common password of 2016, followed by '123456789' and 'qwerty', according to researchers who reviewed over 10 million security codes that became public following data breaches.

India's contribution to world GDP to reach 17% this yr: PwC

India grew fastest among major economies worldwide at over 7.5 percent in 2016 and will continue to drive global growth in 2017 with its share in the world GDP expected to rise to 17 percent, a study said today.

Big Deal: A look at 2017's deals

Watch Cyril Shroff, Managing Partner of Cyril Amarchand Mangaldas speaking with Nisha Poddar of CNBC-TV18 about how has 2016 been overall and what are we getting into as we start 2017.

At $15.2 bn, 2016 second-biggest year for PE investments

Private equity investments in 2016 hit USD 15.2 billion, making it the second-most successful one after 2015 that saw deals worth USD 17.3 billion materialising, says a report.

Ordinance criminalising holding junked notes gets Prez assent

In a bid to check a parallel economy being run on junked currency, the government today made holding, transfer and receiving of the demonetised note a criminal offence, punishable with a minimum fine of Rs 10,000.

FIIs only missing piece of puzzle; see uptick from now: Gujral

"Given the bearish signals, environment, depression that was there, it is very likely that the market has made a bottom because there were all the reasons when apparent tax hikes were announced, we should have broken 7900-7950 that day," says market expert Ashwani Gujral.

Startup investments decline by half to USD 3.9 billion in 2016

The past year saw massive rationalisation by VCs they became cautious in investing large amount of funds or taking risky bets. Even as large part of their funds remains unspent, VC firms are likely to extend their cautiousness to 2017. In the New Year, startups are expected to suffer from the after-effects of demonetisation.

Controversies that marred Indian startup ecosystem in 2016

The last two months of 2016, have been a dampener for the Indian startup ecosystem in hyper-local, food tech, software and investment domains.

2016: A recap of major events in the Indian market

As the year comes to an end one may think that the India market was virtually unmoved but CNBC-TV18's Nigel D'Souza tells that a lot happened on dalal street that made news in 2016.

Economy and business news that impacted us in 2016

Here is a summary of economy and business news that impacted us in 2016.

2016: A year of high judicial intervention in real estate

For far too long, aggrieved home buyers have suffered owing to judicial delays. Developers have been comfortable, in the knowledge that court cases can drag on for years. However, the year 2016 exposed them &#82

2016: A year of policy changes in real estate

For the real estate sector, 2016 will be remembered as the year of dramatic policy changes. These changes have the potential to usher in a more organised, cleaner and more transparent real estate market R

Deal Street: M&A moves that made waves in 2016

According to a Grant Thornton report, deals worth USD 45.8 billion were struck during January-October.

Bringing cab aggregators on par with city taxis: Will it fly?

Last month, the Maharashtra Transport authority released a draft of the Mahrashtra City Taxi Rules, 2016 that aims to put cab aggregators under the ambit of local taxi licence in the state. If proposals are accepted then life will change for cab aggregators.

DDA Housing Scheme 2016 likely to be launched around Diwali

The Delhi Development Authority’s (DDA‘s) Housing Scheme 2016, with 12,000 flats on offer, is likely to be launched around Diwali, in what could be a festive bonanza for home buyers. Out of the total &#82