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WHY INDIA NEEDS AN INDEPENDENT FISCAL COUNCIL

New Delhi, Feb. 15 -- One standout feature in much of the discussion around the Union budget this year-both before and after the budget-has been the concern with the credibility of the budget numbers.... Read More


END TO THE HOUSE HUNT INDIA'S RENTAL DISRUPTORS

Bengaluru, Feb. 15 -- Aditya Jain did many rounds of paying guest (PG) facilities before he zeroed in on Oyo Living's new, shared living facility in Bengaluru's AECS Layout. He has taken up a bed in a... Read More


NYT's hybrid model shows the way for other legacy businesses

New Delhi, Feb. 15 -- Ultimately, reports of the death of traditional media have turned out to be just fake news. Last week, as The New York Times (NYT) posted buoyant fourth quarter results, the resu... Read More


iD Fresh Food bets big on its coffee decoction business

New Delhi, Feb. 15 -- Azim Premji-funded iD Fresh Food India Pvt. Ltd has an ambitious plan. The company's founder and chief executive, P.C. Musthafa, believes his newly-launched coffee decoction busi... Read More


Sun Pharma net profit jumps fourfold in December quarter

New Delhi, Feb. 15 -- Sun Pharmaceutical Industries Ltd's founder and managing director Dilip Shanghvi on Tuesday, 12 February, assured investors they have not been "disadvantaged", following serious ... Read More


Mutual funds out of favour as net inflows hit 24-month low

Mumbai, Feb. 15 -- Net inflows of investments into mutual fund equity schemes have hit a 24-month low, with only '6,158 crore accruing in January 2019. The continuing volatility in stock markets and p... Read More


Four million new demat accounts opened in 2018, a 10-year high

Mumbai, Feb. 15 -- Indians are making a rapid shift in their saving patterns from traditional instruments such as gold, real estate and bank deposits to alternatives like stocks, showed data from the ... Read More


Govt's new pension scheme seen adding to subscribers' confusion

New Delhi, Feb. 15 -- The government on 7 February notified rules for the Pradhan Mantri Shram Yogi Maan-Dhan (PMSYM) scheme, which was announced in interim budget as a pension scheme for the unorgani... Read More


Fiscal powers will help NITI Aayog to work better with states

New Delhi, Feb. 15 -- NITI Aayog, successor to the Planning Commission, has been striving to contribute to and influence policies at the national and state levels. But without the financial leverage i... Read More


Smartphone market in India grew 10% last year, says report

New Delhi, Feb. 15 -- The Indian smartphone market grew 10% annually in 2018 in terms of total shipments with Xiaomi leading the pack. This, even as the global market has been shrinking, according to ... Read More