India Monday said it was adequately prepared to deal with the impact of the US decision to end waiver that allowed it to buy Iranian oil without facing sanctions

'Unfortunately, the hotel industry is also the most heavily taxed with multiple cascading taxes like VAT, service tax, luxury tax, etc. It affects operational costs adversely and reduces profits,' says Ankur Bhatia

Besides, the details of CPSEs or entities due to guarantee fee paid on time to the government should also be submitted

Another component of the report looked at the job losses and estimated that India might have lost 50 lakh jobs between 2016 and 2018

The rate is well faster than most nations can dream of and it shows China's economy has steadied after decelerating every quarter of last year.

Though both are the world's leading nation in terms of economic growth, the US claims they continue to enjoy special trade benefits that come with a 'developing country' tag.

Party manifestos are promising the moon. Will the costs work out?

A national logistics policy, an integrated IT backbone, dedicated freight corridors, multimodal transport systems and a string of ports are poised to transform India's logistics sector.

As early adopters of 4IR technologies, lighthouse factories can create value-added tasks and reap great benefits.

Business confidence takes a dip in the quarter before general elections as business leaders remain sceptical about fresh investments and job creation, finds the latest Business Today-C fore Business Confidence Survey.

Other sectors on focus are tourism, MSME, mining, power and energy and education and primary health. Drinking water and interlinking of rivers will also be some of the topmost priorities.

Shaktikanta Das said India's GDP growth was expected to reach 7.2 percent in the fiscal year to March 2020, which he described as the strongest among the world's large economies