Business & Finance
Business Today

Business Today 8 October 2017

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Living Media India Limited
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26 Issues

in this issue

2 min.
diversity and discrimination

The number of high-profile women CEOs and leaders who get featured regularly in publications could lead you into believing that gender disparity at the workplace is a thing of the past in corporate India. However, the ground reality is that while there has been some progress in reducing inequality at the workplace between the genders, there is a lot left to be achieved. A 2015 study by Catalyst, a leading non-profit organisation with offices across the globe, showed that men outnumber women three to one in most organisations in India. In higher ranks, the ratio becomes worse – women account for only about 14 per cent in the executive officer level. The Catalyst report suggests that while there has been a small improvement in urban India in women participation in the…

2 min.
letters to the editor

A Dream of Owning and Enjoying Luxury Feelings This refers to your annual Luxury Issue 2017 (September 24). Your editorial rightly mentions the limitations in getting details on the exact number of high net worth individuals in India. Yes, in India demonetisation did play a part in curbing the desires of the super rich, but it is a momentary phase. Making money and acquiring assets like luxury villas, cars, exotic jewellery, is the physical side of a human being’s basic desire to show off. Enjoying moments of pleasure by dining with your family and friends on occasions like birthdays and anniversaries in exclusive restaurants or hotels is the emotional side for keeping the memory of those intimate moments alive for life. Business Today’s issues on luxury motivate the readers like us…

1 min.

STAY CONNECTED WITH US ON www.facebook.com/BusinessToday @BT_India PERSPECTIVES Post GST, Changes in Pharma Policy Likely The pharma policy draft, which is now being circulated within industry circles for feedback, may see new entrants into the field businesstoday.in/postgst-pharmapolicy How Two Ex-chiefs of RBI Handled One of the Worst Currency Crisis in 2013 The authors – D. Subbarao and Raghuram Rajan – have a different take on the recovery of the rupee value post the measures businesstoday.in/subbarao-rajan NEWS What Is Driving Equity MFs’ Growth at Record Level? With expense ratio of 2-3 per cent, mutual funds are certainly one of the cost-effective ways of investing in equities businesstoday.in/mf-growth All You Need to Know About 3D Printed Functional Component The 3D printing is coming of age in India – manufacturers are slowly transitioning from prototypes to printing of actual components businesstoday.in/3dprinting-components Escorts Unveils Plan for…

1 min.

TWO LAKH DIRECTORS BARRED Names of close to 2,00,000 directors on boards of companies have been struck off by the Registrar of Companies as these companies have not filed returns. These people will be barred from position on boards of new companies. They will not have to step down from boards of other companies. GOOGLE TO LAUNCH DIGITAL PAYMENT SERVICE IN INDIA Google plans to introduce a localised digital payment service in India, technology website TechCrunch reported, citing a report from news site The Ken. The payment service, called Google Tez, will include support for the governmentbacked Unified Payments Interface and other consumer payment services, including Paytm and MobiKwik. QUOTE "When I come to India in a few years, I hope to enjoy the beauty of India through the windows of the Bullet train" Japanese PM…

2 min.

04 - 06 INDIA GROWTH STORY WHAT: India Economic Summit WHEN: Oct 4-6, New Delhi WHAT TO LOOK FOR: Recent global events have shown a surge in protectionism, nationalism and nativism. Countries are now dependent on each other to address common challenges. India’s growth has been instrumental in ensuring South Asia is the fastest-growing region in the world. As the world economy undergoes a slowdown, it is critical that India continues on this trajectory to ensure regional and global growth. At the same time, the country should take a more active role in geostrategic affairs. As the largest democracy and with a pluralistic society, India’s active global engagement has a symbolic significance. For this to be Asia’s century, India’s role is crucial. The 2017 India Economic Summit, held in partnership with the Confederation of…

4 min.
too much, too fast

T he problems faced in filing returns and uploading documents by those paying Goods and Services Tax (GST) have forced the government to extend the last date for uploading yet again. Three GST returns (GSTRs) have to be filed every month, but now GSTR-1 for July – the month the GST regime began – can be filed up to October 10, instead of September 5 as had been announced before. Accordingly, the GSTR-2 deadline is now October 3 and that of GSTR-3, November 10. Rates, too, have been tinkered with again. In the auto sector, for instance, the compensation cess on mid segment cars has been raised by 2 per cent, on large cars by 5 per cent and SUVs by 7 per cent. Changes have also been made in the…