In Q4 FY20, IndiGo reported net loss of Rs 870 crore as against a net profit of Rs 595.8 crore in the same period last year, due to suspension of air travel in wake of the coronavirus outbreak

Tax regime needs greater stability, predictability and less litigation

While the states can borrow up to 3.5%, or around Rs 7.5 lakh crore without any condition, the next 150 bps of the borrowing limit is subjected to certain conditions

If you are keen to invest in gilt funds, you must know while gilt funds do carry very little credit risk due to sovereign backing, they are prone to interest rate risks

Production suffered significant disruption as operations were suspended in different countries to protect workers' health and as a consequence of the marked fall in demand, the company said

To give a comparison, consumers have been searching for shoes 1.8x times more than sarees

Gone are the days when a customer would inadvertently walk into a salon to avail a service, as service by appointment would be the new norm

The nation has been put under lockdown since March 25 to contain the spread of coronavirus. The first phase of lockdown was from March 25 to April 14, while the second phase lasted from April 15 to May 3. The third phase began from May 4 and would end on May 17

The scheme is not applicable on Hyundai's premium range of cars like Creta, Elantra, Tucson and Kona electric. The customer will also have to provide all requisite documents to prove loss of employment

IBM research India played a lead role envisioning, researching and developing many of these AI-driven innovations in collaboration with other IBM Research labs in the US and Switzerland

While revenues coming out of road cess will only go to the Centre, it will share some revenues out of excise duty hike with state governments

When Modi govt took office in 2014, total tax on petrol was Rs 9.48 per litre and Rs 3.56 a litre on diesel; excise duty on petrol has now gone up to Rs 32.98 per litre, while on diesel it is Rs 31.83 per litre

As per the government order, only standalone shops will be allowed to sell liquor; malls or liquor shops in shopping complexes will remain closed. This has prompted people to throng liquor shops in huge numbers, flouting of social distancing norms

Structural reforms are urgently required for reducing the cost of doing business as well as to renew confidence in the economy and support the recovery in the medium-term, says CII

At the moment, not only US companies but other companies too are looking for an alternative to China

With changing global equations in the wake of coronavirus, political leaders and economists believe India will benefit

The new income tax regime, announced in Budget, provide an option to individuals and Hindu Undivided Families (HUFs) to be taxed at lower rates if they do not avail specified exemptions and deductions

The Council would also discuss the integration of the GST e-way bill system with the NHAI's FASTag mechanism from April to help track movement of goods and check GST evasion

The GST Council is likely to rationalise tax rates on mobile phones, footwear and textiles and two other sectors and defer implementation of the new return filing system and e-invoicing in its meeting on March 14.

As much as 60 per cent respondents feel that those within the income bracket of Rs 5-10 lakh and Rs 10-25 lakh will be impacted by the new income tax regime