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One step forward, two steps back
In this year's Union Budget, the finance minister has shown little generosity for home makers, mainly because of the country's weak fiscal situation. Increase in basic excise duty and service tax is expected to negate the moderate rise in disposable income arising from marginal tax benefits. So, the overall impact of the Budget is expected to be neutral to negative. The basic excise duty and service
In this year's Union Budget, the finance minister has shown little generosity for home makers, mainly because of the country's weak fiscal situation. Increase in basic excise duty and service tax is expected to negate the moderate rise in disposable income arising from marginal tax benefits. So, the overall impact of the Budget is expected to be neutral to negative. The basic excise duty and service
MCX-SX verdict may create ripples across financial sector
The landmark judgement by the Bombay High Court, which has upheld an innovative divestment method followed by the MCX Stock Exchange (MCX-SX) to comply with shareholding norms, may have
Wider hedging limit likely in futures trade
The Forward Markets Commission (FMC) may relax hedgers’ exemption limit for maintaining open interest in the commodity futures market. The open interest in question is maintained by entities
NCDEX modifies guar contract to curb speculation
In a move aimed at reducing speculation, the National Commodity & Derivatives Exchange (NCDEX) has modified all key provisions in the existing contracts of guar seed and gum. The changes have
Losing an hour, gaining daylight
As if you weren't already sleep deprived, you'll get an hour less shuteye Saturday night no matter what time you turn out the lights.
As if you weren't already sleep deprived, you'll get an hour less shuteye Saturday night no matter what time you turn out the lights.
Yawn: The clock strikes an hour early on Sunday
Watch out — it's that time again; not a minute to spare.
Watch out — it's that time again; not a minute to spare.
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