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The FASTag mechanism, which is mandatory for us, continues to dole out free passes to a select few. In fact, as per the National Highways Authority of India (NHAI), there are total 788 members of Parliament (MPs), but 1,136 radio frequency identification (RFID) tags have been distributed...
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  • We had mentioned in the Wednesday’s closing report that Nifty, Sensex may head higher. On Thursday, the indices opened higher and made decent gains. On the NSE, there were 1,052 advances, 847 declines and 91 unchanged.   The trends of the major indices in the course of Thursday’s...
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  • Covid-19 raised its ugly head again leaving the micro, small and medium enterprises (MSMEs) worse off than before the first attack. When Jayant Sinha, union minister for external affairs mentioned in March 2021 that not enough has been done for the MSME sector, it requires a deeper study. The...
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  • Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not have physical presence in the country and operate digitised businesses.   The Central Board of Direct Taxes has notified new rules for operation of...
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  • The lockdowns due to increase in COVID19 cases in various states could impact all-India energy demand growth recovery during first quarter (1Q) of FY22, although all-India energy demand is expected to be higher due to the lower base effect as the country was under a stricter lockdown during...
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