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21 January, 2018 4:31 AM Government Must Rationalise Corporate Taxes

We are looking forward to the Union Budget 2018. As entrepreneurs, we have dual expectations from the government. Firstly, we want that government should support the entrepreneurial initiatives and secondly we want a favorable tax regime. The massive changes in the economy in the last few years like demonetisation (which happened on November 8, 2016) and GST implementation 25

20 January, 2018 11:36 PM Post-Shutdown, Uncertainty Hangs Over Trump Davos Trip

Washington: US President Donald Trump's participation at the World Economic Forum in Davos, Switzerland next week could be thrown into question now that the federal government has partially shut down over budget wrangling, the White House said Saturday. "We are taking Davos... on a day by day basis," White House budget director Mick Mulvaney told journalists 32

20 January, 2018 6:03 PM Goa tourist taxi strike heads into Day 3

CM says taxis without speed governors will be declared unfit for operation after Feb. 24 Around 17,000 tourist taxis stayed off the road in Goa for the second consecutive day on Saturday after the State government failed to give operators a concrete assurance on their demand of exempting them from installing speed governors. The Goa tourist taxi operators’ 29

20 January, 2018 5:30 PM What happens when a government closes shop

In shutdowns, non-essential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep working. After previous government shutdowns, Congress passed measures to ensure that all unpaid workers received retroactive pay. The Trump administration 24

20 January, 2018 5:30 PM Myanmar making final plans for repatriation

Myanmar is making final preparations to take back the first batch of Rohingya Muslims who fled conflict in the troubled Rakhine State, State media said on Saturday, despite growing doubts about the plan among refugees and in the UN. Rakhine State Chief Minister Nyi Pu “insisted on completion of the finishing touches on buildings, medical clinics and sanitation 25

20 January, 2018 4:44 PM ₹11 lakh spent on furniture for AAP MLAs

Office furniture worth ₹11.75 lakh was bought by the Public Works Department for 21 MLAs who were appointed parliamentary secretaries to ministers and a trip taken by one of the MLAs was paid for by the Information Technology Department, documents submitted by the Delhi government to the Election Commission of India reveal. According to the submission 26

20 January, 2018 3:40 PM KEF Infra to divest 30% to fund expansion

Plans to raise ₹2,000 cr. for building plants at Mumbai, New Delhi, Hyderabad The promoters of KEF Infrastructure India Pvt. Ltd., a Dubai-based precast concrete manufacturer, would be divesting 30% stake to private equity (PE) investors to part finance a ₹2,000-crore expansion programme, said a top official. “Currently, we are in talks with a PE [investor] 24

20 January, 2018 12:25 PM ONGC To Acquire Government Stake In HPCL For Rs 36,915 Crore

Mumbai: State-owned ONGC today said it will acquire the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore. ONGC will pay the government Rs 473.97 per share, a premium of over 10 per cent of the 60-days weighted average of HPCL's scrip. In a stock exchange filing, ONGC said "shares will be acquired against cash" and the transaction 26

20 January, 2018 8:15 AM 1 soldier, 2 civilians killed in ceasefire violations by Pakistan

Srinagar: An Indian Army soldier on Saturday died in a ceasefire violation by Pakistani troops along the Line of Control (LoC) in Krishna Ghati sector of Jammu and Kashmir. Pakistan Rangers initiated the unprovoked and indiscriminate firing of small arms and automatics from 8.20 am. The soldier has been identified as Mandeep Singh. 23-year-old Singh 34

20 January, 2018 5:41 AM Trump can travel to Davos even if government shuts down: official

US President Donald Trump can still travel to the World Economic Forum at Davos, Switzerland next week even if the government shuts down due to a budget impasse, a senior administration official has said. While hundreds of thousands of federal government employees will be furloughed if budget talks in Congress fail Friday, Trump will have all the staff 33