Business Standard

Chain reaction

Related News

How did the retrospective amendment and other intrusive changes in proposed in this year’s Budget come about? According to North Block insiders, the opposition uproar over black money provided Central Board of Direct Taxes officials a perfect reason to press for changes that give them unprecedented discretionary powers. The old reasoning that fear induces evaders to pay was set out before senior bureaucrats and the finance minister before the Budget — and the rest was easy since these senior officials and the finance minister also understood that resisting such suggestions could lay them open to doubt.

Read more on:   
|
|

Read More

Positive correlation

The importance of the monsoons for India’s economy is well documented. Given the global economic slowdown, the annual seasonal rains this year have ...

Quick Links

Financial X-Ray Rss icon

HCL Tech disappoints with weak earnings quality

Lower than expected revenue growth, non-core boost to bottom line, margin contraction hit stock

Are lower crude oil prices another overhang for RIL?

Soft demand environment, falling gas output, significant telecom investment weigh on sentiment

Back to Top