The government policy with reference to direct taxes in the medium term is to phase out tax incentives, deductions, and exemptions while simultaneously rationalising the rate of taxes

As MD of IBM in India and South Asia, Patel will be responsible for all strategic and operational matters related to IBM's sales, marketing, services and delivery operations in the region, including Bangladesh, Nepal and Sri Lanka

Several individuals who are suspected to have moved abroad after evading taxes back in India are also being probed and their banking details are in the process of being shared by the Swiss authorities

For prosperity, Agarwala said the country's economy needs to grow at least by eight per cent annually for the next 15 years

India faced similar slumps in the past in the wake of the East Asian financial crisis and global slowdown but bounced back with a higher growth rate every time, says Naidu

India would see over 50,000 branded hotel rooms being added between 2018/19 and 2023/24, and out of which, about 34,000 would be mid-market and budget categories, said a recent report by CARE Ratings

The IMF programme continues to face significant risks, both from domestic and external factors, the report added

In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries

Indian-American economist Abhijit Banerjee, along with wife Esther Duflo, received the Nobel Prize in economics in Sweden along with a colleague Michael Kremer. The trio was awarded honour for their research on the root cause of poverty.At the ceremony, Abhijit Banerjee was seen in a black bandhgala and off-white dhoti while Duflo was seen in a handloom saree. Their friend and fellow Nobel Laureate Michael Kremer sported a black suit. The three economists were awarded medals at the ceremony and will also share the prize money of nine million Swedish krona (Rs 6.7 crore) among themselves. Banerjee, who was born in Mumbai, is the second Indian-origin economist after Amartya Sen to win the Nobel Prize in economics. Banerjee is also an alumnus of Kolkata's Presidency College alumni like Amartya Sen. Abhijit Banerjee and wife Esther Duflo are professors of economics at the Massachusetts Institute of Technology (MIT) while Kremer is a professor of economics at Harvard University.

The Royal Swedish Academy of Sciences awarded Banerjee, his wife Esther Duflo, and Michael Kremer for their experimental approach to alleviating global poverty

The notes in circulation had grown at an average growth rate of 14.51 per cent year on year wise since October 2014 till October 2016

In the preceding fiscal 2017-18, the notes in circulation were Rs 18,03,700 crore; while it stood at Rs 13,10,200 crore at the end of 2016-17

PM Modi said that the BJP government cared for a better future and hence started the Swachh Bharat Abhiyaan. The PM said that they would now focus on the Jal Jeevan mission

Commando 3's box office collection is already ahead of the first movie in the franchise and is just a step away from overtaking the collection of the second instalment

Commando 3 Box Office Collection: The film has become the best performing movie among the Commando franchise film

Commando 3 Box Office Collection: Commando 3 is third instalment of the popular action franchise 'Commando: A One Man Army'. Vidyut Jammwal has played the lead role in all three parts of Commando's franchise

From an unaccounted system of how much money came into a political party and where it was spent, these bonds have put a leash on income and expenditure on elections by a political party

The lure for people to use Jan Dhan Yojana accounts is the attached benefits, which includes no requirement to maintain any minimum balance, a RuPay debit card with overdraft of Rs 10,000 and accident insurance

JNU fee hike protests: The JNU students' union (JNUSU), JNU administration and hostel presidents are scheduled to meet the three-member committee formed by the HRD ministry to bring back normalcy to the university

The Union minister of state for finance said India continues to the fastest growing economy in the world even though many countries in the world are facing economic slowdown