India

News, Analysis & Opinion about Indian Business

Why are Indian Retail Giants wary of Online Presence?

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.

After IT Parks, Food Parks in India Attract Investment

With a view to reduce crop wastage of Rs.50,000 crore per year and increase share of processed food in the country to 20% from the present 6%, the government is setting up 30 food parks in next 5 years with a public-private partnership.

Amul Butter and Cheeni Kum – Sexy Taste

Amitabh Bachchan, the self-proclaimed chef of the finest authentic Indian restaurant in London, enjoying Amul butter – Cheeni Kum, Butter Zyada, Sexy Taste.

Reverse Mortgage in India – The Tax Implications

With the government still unclear about the final tax treatment of  the periodic payments received by the borrower under a reverse mortgage scheme, many banking companies and especially the senior citizens (users for the product) are in a state of dilemma.

Why is the Indian Rupee Falling?

After creating nerves for Indian exporters, especially the IT companies, the rupee finally touched a month low by falling 43 paisa to close at 41.13 (it touched an intraday high of 41.18) on 8 June.

Income Tax Department Blog To Answer Tax Queries

The sarkari babus in India are blogging! The tech-savvy Income Tax Department of India under the Ministry of Finance now has an official blog (yes, with feeds) to connect better with the tax payers of India.