Following the strict directions from SEBI for compulsory PAN details for trading in stock market, CDSL and NSDL have frozen over 27.5 lakh demat accounts till date.
News, Analysis & Opinion about Indian Business
The BSE Sensex on July 2, 2007 made an all time high of 14,738. The index has gained 20% from its low on March 16, 2007 in 72 sessions.
With the introduction of new annexure less ITR forms by the government, the complications for the taxpayer has increased rather than reducing.
Aditya Birla’s retail store ‘More’ opened recently has drawn the flak of traditional Jain and Marwari over these stores selling meat items and putting commercial interests above religion.
The finance ministry in consultation with tax experts is drafting the new Direct Tax Code which will be introduced in 2008.
For those of us who think that Indian organised retail trade is on a dream run, here is an eye-opener.
How to buy an Apple iPhone in India ? What is the price of iPhone 3G in India?
India is facing a peculiar problem of ‘Dutch Disease’. The term refers to a situation where there are large inflows of foreign exchange due to discovery of natural resources or massive foreign investment in the country which in turn leads to appreciation of the currency, undermining the traditional export industries.
Watch out NDTV, CNN IBN – BBC World News service will soon launch an India focused news program on BBC World News service that will air prime time at 9:30 PM.
SEBI has decided to make Permanent Account Number (PAN) as the sole identity for transactions in securities market irrespective of the transaction amount.
In a bid to substitute use of greenhouse gas-emitting fossil fuels, biofuels or fuel processed from plants is catching attention of producers as well as investors.
India’s largest FMCG company, HLL has unveiled a new corporate identity represented by a new logo and also a new name Hindustan Unilever Limited (HUL).
After the top 8 metros of India, its now focus on tier II and III cities as these cities would drive the investment and growth phase of the country owing to the huge unexplored potential in these cities.
Nomination One or more nominations can be made by the subscriber to receive the amount standing to his credit in the event of his death.
Withdrawal The investor is permitted to make one withdrawal every year beginning from the seventh financial year of an amount not exceeding 50% of the balance at the end of the fourth year or the financial year immediately preceding the withdrawal, whichever is less.
Introduction PPF is a 30 year old statutory scheme of the Central Government started with the objective of providing old age income security to the unorganized sector workers and self employed persons.
Like Airtel, Reliance and Hutch, BSNL will soon launch an Internet access data card for laptops and desktops.
A lot has been said and written about the growth of organised retail market in India and how big corporates, either solely or though foreign partners, would change the landscape of the country’s retail scenario with huge investments and nationwide presence.