The Huffington Post
9 minutes
The Economic Times
30 minutes
By Saritha Rai Apple Inc. is willing to start making iPhones in India, but it wants a big helping hand from Narendra Modi’s government first. The Cupertino, California-based company is scheduled to meet with officials in New Delhi next week to discuss the prospects for setting up manufacturing facilities in the country this year. Apple, the most valuable company on Earth, is asking for a long list of financial concessions from India, one of the poorest countries. Among the requests, the company is seeking a 15-year tax holiday on imports of components and equipment, according to a person with direct knowledge of the matter. "We would like Apple to set up base in India," Ravi Shankar Prasad, minister for information technology said on Wednesday, without disclosing the company’s negotiating stance. Apple wants to boost business in India as the country of 1.
The Economic Times
an hour
"Please exploit the forward looking policies of the state as well as central government for your own benefits," he said. Referring to cashless transactions being promoted by Prime Minister Narendra Modi, the Union minister said, "Dishonesty which is pulling down the country could be eliminated through digital economy." He said it was necessary that the country moved along with the government and they should work together for a better future. Claiming that over Rs 40,000 crore was deposited in 'Jan Dhan' accounts across the country post-demonetisation, Raju said no rich man contributes to the nation but only the poor through their hard earned money. "Quality of life needs to be improved and for this we need to contribute as well," he said. He said unlike the previous regime, now Indian citizens with Aadhaar card could open a bank account without any hassle.
The Economic Times
5 hours
By Saritha Rai Apple Inc. is willing to start making iPhones in India, but it wants a big helping hand from Narendra Modi’s government first. The Cupertino, California-based company is scheduled to meet with officials in New Delhi next week to discuss the prospects for setting up manufacturing facilities in the country this year. Apple, the most valuable company on Earth, is asking for a long list of financial concessions from India, one of the poorest countries. Among the requests, the company is seeking a 15-year tax holiday on imports of components and equipment, according to a person with direct knowledge of the matter. "We would like Apple to set up base in India," Ravi Shankar Prasad, minister for information technology said on Wednesday, without disclosing the company’s negotiating stance. Apple wants to boost business in India as the country of 1.
The Economic Times
5 hours
The Economic Times
8 hours
The Economic Times
8 hours
Daily Mail - India
13 hours
Several months ago, during an interaction with a group of senior (serving and retired) civil servants, the discussion turned to one of Prime Minister Narendra Modi's flagship schemes, 'Smart Cities'.
Ruptly TV
13 hours
Daily Mail - India
13 hours
The Economic Times
16 hours
The Economic Times
16 hours
"But if much of this money is from savings of people, which was sitting in their cupboards or wherever, then obviously it won't go out," she said. "Once it's in the bank, it'll stay in the bank and therefore that's why we have a very wide kind of range."For weeks, investors have speculated over whether the surging bank deposits caused by the November 9 ban on high-value notes will ultimately benefit lenders. The S&P Bankex Index, which tracks 10 lenders, rose almost 4 per cent following the move, before slumping 13 per cent and has since clawed back much of that slump."Retaining more deposits means low cost funds that can be lend out to improve bottom line at banks," Payal Pandya, a Mumbai-based analyst at Centrum Wealth Management Ltd., said by phone. "Lenders focus should shift to deploying the money as loans as soon as they can."Prime Minister Narendra Modi stunned the nation by banning old Rs 500 and Rs 1,000 notes, a move that dragged cash-intensive businesses to a standstill and had millions of Indians lining up at banks to deposit their now invalidated currencies or exchange them for new notes.
The Economic Times
20 hours
The Economic Times
20 hours
As Obama demits office, Modi rises on social mediaModi now has the highest number of followers among all leaders of State on Facebook, Twitter, Youtube and Google+, according to PMO sources.
BBC Parliament
21 hours
He reiterated that message during a visit to Pakistan shortly before Christmas. Following her visit to India last November, the Prime Minister and Prime Minister Modi released a joint statement in which they reiterated their strong commitment to combat terrorism in all its forms and manifestations.
BBC Parliament
21 hours
As a symbolic destination for her fast first trip abroad as Prime Minister, we welcomed the visit to India, given our country's historic ties. But I given our country's historic ties. But I would like to given our country's historic ties. But I would like to ask the Minister, as have many other honourable members today, what discussions has she had with Prime Minister Modi? The visit was at the height of the current troubles. Could the Minister tell us what progress has come through such diplomatic talks? progress has come through such honourable friend the Shadow Foreign Secretary, raising the issues of human rights and civil liberties in Kashmir? On the issue of Kashmir, it should be stated for the record that Labour party policy on this matter has not changed, it is the same as it was in government.
BBC Parliament
a day
The Economic Times
a day
Digvijaya's apparent reference was to Raghuram Rajan, the predecessor of Patel, who was not given a second term by the Modi dispensation.
The Economic Times
a day
Forbes
a day
The Modi government is pushing the "Make in India" campaign and they're quite right to do so of course. Industrialising is the way that the people and the country will become richer. A part of this is the temptation of gaining Apple as a domestic manufacturer. However, this should not [...]
The Economic Times
a day
"A big possible window that would have allowed conversion of black money into white, post demonetisation, by the cooperative bank system was plugged to a larger extent after the I-T department detected these instances. In cases where such an activity has already taken place, the investigation is ongoing and notices have been issued," officials said. The Income Tax department has earlier raised serious concerns over the working of a number of cooperative banks across the country in a earlier report where it had claimed that they used the "opportunity" of demonetisation to make a quick buck and indulge in money laundering worth several crores. An analysis report prepared by the department had said tax sleuths found these banks have been involved in generating and routing of black money at an "unprecedented" scale post November 8 when the currency scrap was announced by Prime Minister Narendra Modi.
The Economic Times
a day
"A big possible window that would have allowed conversion of black money into white, post demonetisation, by the cooperative bank system was plugged to a larger extent after the I-T department detected these instances. In cases where such an activity has already taken place, the investigation is ongoing and notices have been issued," officials said. The Income Tax department has earlier raised serious concerns over the working of a number of cooperative banks across the country in a earlier report where it had claimed that they used the "opportunity" of demonetisation to make a quick buck and indulge in money laundering worth several crores. An analysis report prepared by the department had said tax sleuths found these banks have been involved in generating and routing of black money at an "unprecedented" scale post November 8 when the currency scrap was announced by Prime Minister Narendra Modi.
The Economic Times
a day
Agitations continued in various parts of the state, including Alanganallur, the usual hub of the Jallikattu event, with students and many others joining the stir.
The Economic Times
a day