In the sport mode (to keep up with the city traffic on highways) the Chetak’s mileage drops to 85 kms. It will take 5-6 hours to fully charge the vehicle consuming 4-5 units of electricity. With each unit costing Rs 5-6 the running cost of Chetak per kilometer comes to Rs 0.3. … [Read more...] about This week in Auto: Bajaj Chetak launced; Comparison between Chetak and Activa
"While corporate loan growth is strong and driving overall loan growth, retail loan growth remains skewed in favour of unsecured products. Asset quality has deteriorated as the bank reported higher slippages from lumpy accounts and the agri segment. However, provisioning buffers should enable a steady earnings trajectory," said the brokerage, which estimated loan book/PAT CAGR at 19/25 percent over FY19-22, led by continued improvement in operating leverage, higher fee income and stable margins. … [Read more...] about HDFC Bank Q3: Mixed numbers; should investors buy, sell or hold?
All in all, the possibility of rolling out a big largesse is unlikely due to fiscal rigidities, especially against the backdrop of the corporate tax cut. How the government goes about implementing reforms will be a matter of deep interest. The next few years may see a jump in investments and it’s highly essential to have measures in place for ease of doing business. … [Read more...] about Budget 2020: What next after the corporate tax cut?
However, unlike the Budget speech, the proposal in the Finance Bill 2019 is wider and covers all taxpayers other than companies and partnership firms. Thus, once implemented, this move may adversely impact FPIs which are set up as non-corporate vehicles.Close … [Read more...] about FM dashes hopes of tweak in FPI surcharge, says trusts should register as companies
"This data is for those who comment that the government has not given citizenships for Muslims. For example, Adnan Sami, he is a singer of prominence. He received citizenship in 2016 when the same Prime Minister was there then", she said. The minister also pointed to Bangladeshi writer Taslima Nasreen, who has been given residence permit since 2004. These figures would deny allegations made by the opposition that this government was giving citizenship only to some people and not for everyone. … [Read more...] about States opposing CAA implementation is ‘unconstitutional’: FM Sitharaman