Mergers and amalgamations are set to turn costlier for corporates in Tamil Nadu, thanks to a circular clarifying the applicability of stamp duty on transfer of property under the Companies Act.A circular issued by the Inspector General of Registration in Chennai on November 20 said that the scheme of arrangements …
Read More »Daily Archives: December 1, 2018
What’s with the back series GDP data?
The government on Wednesday released the GDP growth estimates for previous years based on the new method of calculation and base year it had adopted in 2015. The new data and the manner in which it was released led to criticism from various quarters, including Opposition political parties and economists …
Read More »Fiscal deficit exceeds full-year target in just seven months
India’s fiscal deficit in the first seven months of the financial year, at Rs. 6.49 lakh crore, exceeded the budgeted target for the entire year, coming in at 103.9% of that target, according to official data released on Friday.The fiscal deficit was 96.1% of the budgeted amount in the same …
Read More »TNA urges Sirisena to take a swift, considered decision
The mounting pressure of an impending Supreme Court verdict on his dissolution of Parliament, and the lack of majority support for his hand-picked Prime Minister might prompt President Maithripala Sirisena to end Sri Lanka’s political crisis this weekend, The Hindu learns.President Sirisena held two high-level meetings on Friday evening — …
Read More »Ukraine bars entry of Russian men
Ukraine on Friday barred Russian men aged 16-60 from entry as tensions mounted between the two countries over Moscow’s seizure of three Ukrainian ships last week.The move came after Kiev imposed martial law in border regions this week in response to the Russian seizure of the ships and 24 sailors …
Read More »Trade pact is signed, but U.S.-Canada rift remains
He has called Justin Trudeau “very dishonest and weak.” He also, perhaps jokingly, accused Canada — which came into formal being in 1867 — of burning down the White House during the War of 1812.But on Friday, as President Donald Trump, Mr. Trudeau and Mexico’s President, Enrique Peña Nieto, signed …
Read More »Trump defends Russia deal efforts
U.S. President Donald Trump on Friday defended his decision to seek a business deal in Russia in 2016 even as he pursued the Republican presidential nomination, calling it “very legal” and “very cool” to keep running his business while campaigning.In a series of tweets from Buenos Aires, where he is …
Read More »Let CBFC examine whether Zero hurts religious sentiments: HC
The Bombay High Court on Friday directed the Central Board of Film Certification (CBFC) to examine before December 18 whether the movie Zero has content that hurts the religious sentiments of the Sikh community and submit its findings.A Division Bench of B.P. Dharmadhikari and S.V. Kotwal was hearing a plea …
Read More »6th phase of panchayat polls in J&K today
The sixth phase of panchayat polls in Jammu and Kashmir will be held on Saturday.Polling will be held at 3,174 polling stations — 410 in Kashmir division and 2,764 in Jammu division — from 8 a.m. to 2 p.m., officials said. According to the State Chief Electoral Officer Shaleen Kabra, …
Read More »‘Army not yet ready for women in combat’
The Army will definitely witness an increase in the number of women officers in the coming years, but it is not yet ready to cast women in combat roles, the Chief of the Army Staff, General Bipin Rawat, said on Friday.“You will see an increase in the role of women …
Read More »