Cover Story

"Tax buoyancy is not much. We need to keep watching"
The man at the centre of the government's mega tax reform, Finance Secretary Hasmukh Adhia, shares with Dipak Mondal his experience of seeing through the one year of GST.

Gauging the Impact
The implementation of GST has led to uniformity of tax rates across the country. we look at the impact on different sectors.
Piecing it Together
The GST bandwagon has had a choppy ride in the first year but is gaining momentum. Further fine-tuning of the GST law holds key to future success
Fixing GST
As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion

2018-07-29

Digital

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The Buzz

Free Fall

The steadily weakening Indian currency brings with it a host of worries

Return Journey

Mining baron Anil Agarwal's $1 billion share buyback offer of Vedanta Resources cheered up shareholders in London as the share price shot up by 26 per cent in the morning trade to over 800 pence.

Taking Power Plants Out of the Red

Adanis 4,620 MW plants in Mundra, and 1,320 power plant of Essar at Salaya near Jamnagar have stopped generation while Tata's Mundra Ultra Mega Power Project is still in production despite losses.

High Growth on Low Base

June, 2017 sales were particularly subdued as customers deferred purchases and dealers reduced stocks due to the uncertainty over the likely impact of GST introduction from July 1, 2017

What Next For IDBI Bank

IDBI now has to expand and exploit the safe-bet retail business to improve its share of retail banking both in terms of retail advances, as also low-cost current and savings accounts (CASA).

IPOs for Expansion

Green shoots in the hospitality sector coupled with buoyancy in the primary market has paved the way for Initial Public Offerings (IPOs) in the hotels sector.

GST Undermines Federal Structure

States need discretionary powers for better resource mobilisation

Presolv360: Dispute Management On The Cloud

The Mumbai-based firm's conflict resolution platform helps settle commercial and civil disputes outside the court.

Government Domestic Product, The New GDP?

The increased government spending is difficult to sustain.

Formula Two

The government's latest formula to heal a system staggering under Rs 14 lakh crore debt is essentially bank driven, and comes two years after the path-breaking bankruptcy code.

Minimal Support

Did the government announce msp hike before planning for infrastructure backup?

Finding Voice

Should brands be opinionated on social media?

The Break-Out Zone

Sounds Good

The slightly angular earbuds are a snug fit, and with the neckband balancing the weight, Bullets Wireless is comfortable to wear for long durations.

Bang for the Buck

The biggest USP of Honor 10 is the stunning camera with loads of modes and settings.

Lessons from a Paradigm Shift

When change knocked, transformation management played a key role in designing a new pathway to progress.

Of Heritage and Panache

From classic and modern art to elegant bar tools and fashion shake-ups, we zero in on luxury tickers that push the boundaries.

Rebooting iOS

iOS12 will be looking to correct the problems of its earlier avatar. It also has a host of new features. Here's what users can expect.

Seeing Through the Wall

A new AI application enables one to see human posture and movement right through the wall; here's why we need it.

Tackling Thyroid

Signs and symptoms of thyroid disorders can be subtle and often overlap with other health issues.

The Hub

Business confidence slides in the first quarter of 2018/19 as businesses feel the pinch of GST and brace for policy inaction and higher interest rates, finds the latest Business Today-C fore Business Confidence Survey.

"In every city, there should be surplus housing"

Indian real estate, especially the residential segment, is battered. Homebuyers have been taken for a ride by builders who couldn't complete projects. This led to a trust deficit, and the subsequent enforcement of the Real Estate Regulation and Development Act (RERA), which is now forcing builders to change their operating models. Rajeev Talwar, CEO, DLF Ltd., and Chairman of the National Real Estate Development Council (NAREDCO), tells Business Today's Goutam Das about the changing landscape, why it is time to create excess supply in affordable housing, and how to go about it. Edited excepts:

Is R&D a Prodigal Child?

Getting returns on R&D investments is a tough challenge, but success largely depends on appropriate value creation.

White Revolution 2.0

The rising popularity of natural products has triggered a wave in the organic milk market. But there are challenges.

All Set For The Big Game

After displacing Samsung from pole position in smartphones, Xiaomi aims for a bigger play in Indian consumer durables.

Fintech