Author Archives: Loknath Das

Future’s Biyani moves to simplify group structure

MUMBAI : With Future Retail announcing its intention to acquire retail infrastructure assets from group company Future Enterprises Ltd, its billionaire promoter Kishore Biyani has taken a key step towards simplifying his group structure. The board of Future Retail, in a meeting on Saturday, agreed and approved the “acquisition of the retail infrastructure assets up to maximum limit of ₹4,000 crore of ... Read More »

At Mamallapuram, Xi and Modi look to past to shape future of Sino-India ties

New Delhi: Chinese President Xi Jinping and Prime Minister Narendra Modi held “productive” talks with on Friday as part of the second India-China informal summit in the southern coastal town of Mamallapuram in Tamil Nadu, with both looking to chart a new course for bilateral ties over the next few decades despite a series of irritants that have cropped up between ... Read More »

Vivo Nex 3 quick review: Future curves beyond the edge

Back in 2017, I spent one sleepless night dreaming about Vivo’s APEX concept. It was a phone that showed us what the future of the smartphone will look like. A fullscreen display with no notch or any kind of interruption and the pop-up camera – it was so cool at the time — making it the ultimate dream phone. And ... Read More »

Bond investors seek clarity on future rate cuts & fiscal math

Bond investors will be focussed on what the Reserve Bank of India (RBI) governor Shaktikanta Das says on future rate cuts when the monetary policy committee (MPC) announces its rate decision on Friday. The corporate tax cut by the government and unchanged borrowing plan in the second half of the year has made dealers nervous on India’s fiscal position which could limit the central ... Read More »

Financial goals are changing: Do you really know the future expenses you need to save for?

It will be remembered as the decade when the Indian middle class threw caution to the winds and turned aspirational with a vengeance. Between 2009 and 2019, the share of discretionary expenses in a household’s monthly outgo shot up from 10-20 percent to 25-60 percent, according to financial planners. Saving for a child’s marriage made way for saving for an ... Read More »

Prepared for Balakot-like airstrikes in future: New IAF chief RKS Bhadauria

Air Marshal Rakesh Kumar Singh Bhadauria took over as the Chief of Air Staff on Monday after Air Marshal BS Dhanoa retired from the post. Succeeding BS Dhanoa, who led the IAF during the Balakot airstrikes, RKS Bhadauria said the force is prepared for any such challenges in the future. Speaking to reporters after taking over as the IAF chief, ... Read More »

Major Tips on How to Inspect a Used Car Prior to Purchasing

Major Tips on How to Inspect a Used Car Prior to Purchasing The used cars are in great demand in the pre-owned market. People buy them 3.5 times more often than new ones. There are several reasons for this. For those who do not have enough money, this is the only opportunity to drive. For others, this is a conscious ... Read More »

7 reasons why the coworking future looks bright

The past few years have witnessed an unparalleled success for the coworking juggernaut in India. This accelerated growth has stemmed from the revolutionary shift in the Indian traditional workspace to a more flexible, accessible and affordable coworking space. In the first quarter of 2018 itself, coworking had transacted about 2 million square feet commercial realty; way ahead of the 1.8 mn sq ... Read More »

Excess surcharge paid by FPIs to be adjusted in future tax payments

Foreign portfolio investors (FPIs), who have been paying higher surcharge in the past two months on remittance of gains in the form of advance tax, will pay less going forward. The payment of tax will reduce to the extent of excess surcharge paid by the FPIs in the past, said experts. The higher tax paid would depend on the quantum of ... Read More »

Fridays for Future: How Students From Across India Protested Against Climate Change Today

Today, in an effort to fight against the ‘Global Climate Strike’, students in over 2000 cities around the world organised a campaign. It was one of a kind. The campaign is an attempt to raise voice against global inaction and apathy towards climate change. The Global Climate Strike, which took several Indian cities by a storm today, will continue till September ... Read More »