MUMBAI: Indian companies are expecting litigations and increased tax demands this year due to confusion around computing their income under the new accounting standards the government has introduced. According to chief financial officers and taxation experts, the income computation and accounting standards (ICDS) contradict with some provisions of the ...
Democratic frontrunner for US president aims to neutralise attacks on transparency
PUNJAB BORDER: The terrorists who stormed Dinanagar police station on Monday would not have needed to even scale a boundary wall if they had wished to attack the Bamiyal police chowki. This police post, located just a kilometre from the International B...
NEW DELHI: Capital spending rose sharply in the first quarter of the current fiscal with the Narendra Modi-led NDA government looking to turn around the investment cycle and lift growth through higher public spending. The 38% rise in capex spending in...
NEW DELHI: Betting on the Indian manufacturing sector with an eye on exports, bulge-bracket private investor KKR has agreed to invest $150 million (Rs 930 crore) in Mumbai-based polyester maker JBF Industries for a minority stake. KKR will be investin...
NEW DELHI: Do you get irritated because of the aircraft you are flying in taking too much time circling over Delhi or Mumbai before landing, or the lack of late flights to Allahabad? India has adopted a new navigation system that may help address some ...
US political donors are writing large cheques at an unprecedented rate
NEW DELHI: Crop planting has increased 9 % over the previous year despite the meteorological department's forecast of below average monsoon rain. The season's rain deficit touched 5% on Friday with July deficit at 17%. The total sown area as on 31stJul...
KOLKATA: Bhadra, a quaint little town at a three-hour driving distance from the historic city of Bikaner, now has a place in the history books by becoming the first city in India to be completely covered by Wi-Fi. The availability of WiFi in Bhadra, located in Hanumangarh district of ...