India Insight

Bollywood seeks tax breaks from Budget 2014

July 9, 2014

By Shashank Chouhan and Sankalp Phartiyal

Bollywood is hoping that the newly elected government’s first budget will contain tax breaks that will let it write a happy ending, at least for this year and next.

Budget 2014: Give Indians tax breaks, more ways to invest – experts

July 9, 2014

Arun Jaitley’s first budget as India’s finance minister should allow individual taxpayers to invest more money in vehicles such as government savings bonds, mutual funds and employee savings plans, and provide them with tax credits that would bolster their savings and boost economic growth, tax experts say.

VIDEO: India’s auto sector and budget expectations

July 9, 2014

India’s automobile sector may have been dented by negative sales for two straight years, but the Society of Indian Automobile Manufacturers (SIAM) is hoping to see an uptick in sales this fiscal year.

When the Right To Information becomes a fight for information in India

July 9, 2014

The Congress party-led government that drafted the Right To Information (RTI) Act in 2005 touted the law as one of its success stories for the average Indian in the last election. Whether it played any role in the election’s outcome is difficult to say, but activists who specialize in RTI requests throughout India say that government workers have found many ways to frustrate their attempts to get responses to their questions.

Railway Budget 2014: Reactions from the common man

July 8, 2014

In his maiden budget, Railways Minister Sadananda Gowda said the bulk of India’s future railway projects will be financed through public-private partnerships and that his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network. (Click here for Rail Budget highlights)

Railway Budget 2014: Highlights at a glance

July 8, 2014

In his maiden budget, Railway Minister Sadananda Gowda said the bulk of future railway projects will be financed through public-private partnerships and his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network, excluding passenger services.

Budget 2014: Biocon chief wants more R&D incentives, fewer essential drugs

July 4, 2014

India’s $15 billion healthcare industry has taken hits on several fronts in recent years, from slow approvals for drugs in clinical trials to several run-ins with the U.S. Food and Drug Administration over the quality of its generic drugs.

Movie Review: ‘Lekar Hum Deewana Dil’ is an insipid disaster

July 4, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Director Arif Ali’sLekar Hum Deewana Dil” will try your patience from the word go, so here’s a game you can play to make the experience more tolerable. It’s called ‘Spot the Movie’ and its rules are simple: name the films that this particular snorefest reminds you of. I promise you, there’ll be many.

Budget 2014: Wishlist from healthcare sector

July 4, 2014

Prime Minister Narendra Modi’s government has its work cut out if it wants to transform the country’s health system and provide a universal health insurance programme.

Stock market glitches in India over the past few years

July 3, 2014

India’s stock market, like its peers across the world, is no stranger to sudden trading halts due to technical glitches. On Thursday, India’s second-biggest exchange operator BSE halted trading across all its segments due to a network outage. Trading on the NSE bourse was not affected.