The all powerful GST Council headed by the Finance Minister will Tuesday meet the representatives of six crucial sectors, including IT, telecom, banking and insurance, to assess the implementation hurdles under the new GST regime.
A tough global economy, tightening client budgets, and rising costs have pushed the Indian IT-enabled services like BPO's into a cost-control mode. CNBC-TV18 tells us how the government's BPO promotion scheme is redrawing the Indian BPO landscape, with tier-2 cities becoming major attractions.
IT experts are of the opinion that statements made by the US presidential nominees - Hillary Clinton and Donald Trump - are generic and rhetoric. It is not a reason to worry, says R Chandrashekar, President of Nasscom.
In an interview with CNBC-TV18, NASSCOM President R Chandrashekhar and Sudin Apte of Offshore Insighs talked about the challenges faced the IT industry.
Nasscom's President R Chandrashekar said that differential pricing of data will stifle innovation going forward.
IT industry body Nasscomm has also come out strongly in support of net neutrality saying its crucial to provide a level-playing field to every app developer specially start-ups.
The 2G auction is a big hit. After 10 days and 68 rounds the auctions drew to a close today. The centre has exceeded its target from the sale of spectrum. Total bids have crossed Rs 61,000 crore. This will fetch the government over Rs 18,000 crore this fiscal alone.
While the draft FDI policy on retail is at a fairly advanced stage of approval, a proposed condition may not be compatible with WTO norms. The CoS has formed another panel to look in to the issue, reports CNBC-TV18's Malvika Jain.