In a series of tweets, Union Minister Ravi Shankar Prasad said that three Hindu movie garnering Rs 120 crore on one day had been a factual statement and the media had misconstrued his comment. File picture of Union Minister Ravi Shankar Prasad (PTI Photo) New Delhi: After receiving backlash for dismissing the state of the economy by comparing it to box office collections, Union Minister Ravi Shankar Prasad on Saturday withdrew his comments. “I... 

Taxes are indeed a difficult subject for aam aadmi. It looks like a maze of legalese and maths, signifying nothing much. With the GST, the government is aiming to simplify it for the general public. The government explains the GST in simple terms in the recenlty published frequently asked questions. Here’s what it has to say: GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax... 

NEW DELHI: India announced a slew of far-reaching measures on Monday to ease foreign investment in defense, civil aviation, pharmaceuticals, retail, food trade and broadcasting, a move that officials say will strengthen the country’s efforts to be a global “manufacturing hub.” The Indian economy is expected to grow at 7.6 percent in the current financial year. The sweeping reforms are aimed at shoring up confidence in the Indian...