NEW DELHI: Corporation tax collections overtook the non-corporate tax mop-up, which went up 1.3%, pulling down the gross direct tax collections growth to 4.2% till mid-Dec with the overall kitty swelling past the Rs 20 lakh crore mark.Latest data released by the income tax department pegged corporation tax collections up to Dec 17 at Rs…
MUMBAI: Adani Group, India’s fifth-largest conglomerate by market value, intends to bid for nearly a dozen airports slated for privatisation as part of its Rs 1-lakh-crore investment plan for aviation infrastructure over the next five years. Earlier this year, govt announced plans to lease out 11 airports, including those in Amritsar and Varanasi.“Out of the…
MUMBAI: Billionaire Gautam Adani is checking into hospitality in a big way, with plans to build “one of the country’s largest hotel portfolios”, anchored around his group’s airports and real estate assets. The move positions the group in direct competition with Tata Group’s Taj, ITC Hotels, and the Oberoi chain (in which Reliance Industries and…
US President Donald Trump speaks during an event on prescription drug prices in the Roosevelt Room of the White House in Washington (Picture credit: AP) US President Donald Trump on Friday announced agreements with nine major pharmaceutical companies to lower prescription drug prices in the United States, marking a significant push to align domestic costs…
The U.S. Federal Reserve took a first step toward establishing a more limited version of its so-called master accounts, welcoming input on how the central bank might formulate “payment accounts” that would grant access to its payment rails without firms having to jump through the considerable hoops that would grant fuller services. The Fed said…
BJP MPs Nishikant Dubey and Sanjay Jaiswal have filed a “breach of privilege and contempt” notice against several opposition members. Source – ANI NEW DELHI: BJP MPs Nishikant Dubey and Sanjay Jaiswal have filed a “breach of privilege and contempt” notice against several opposition members and urged Speaker Om Birla for disciplinary action against them…
MADURAI: A 40-year-old auto driver allegedly immolated himself inside a police booth in Madurai Thursday in protest over the Thiruparankundram Deepam row. Police said no one was in the booth when Poorna Chandran allegedly doused himself in diesel and set himself ablaze. Cops said Chandran had sent a WhatsApp voice note to his friends and…
NEW DELHI: Delhi HC on Friday sought a response from Customs department on a plea filed by InterGlobe Aviation, the operator of IndiGo airline, seeking a refund of over Rs 900 crore paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs, reports Abhinav Garg.A bench of Justices V Kameswar…
NEW DELHI: Govt on Friday directed IndiGo to start the process of compensating passengers affected by its massive flight disruptions this month at the earliest.The airline will, from Dec 26, start giving travel vouchers worth Rs 10,000 each to “severely impacted customers who were stranded at airports for many hours” on Dec 3, 4 and…
NEW DELHI: In a first of its kind order, Supreme Court has imposed a cost of Rs 10 crore each on 10 private dental colleges in Rajasthan for admitting students who did not secure threshold marks in NEET 2016-17, the basis for admission to all medical and dental courses across India.A bench of Justices J…
