Mauritius is back in the news, and as usual not for the right reasons.
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Market regulators of India and Mauritius inked a crucial agreement, on Thursday, for sharing of information on securities dealings, which would assist Sebi to dig deep into the securities scam of 2000-01 and prevent similar incidents in future.\n\n\n\n
The much-awaited talks between India and Mauritius over renegotiation of their tax treaty may begin soon, with India pushing for changes in the clause on the treatment of the capital gains tax.
An India-built naval patrol vessel for Mauritius that will help in better policing its vast exclusive economic zone was commissioned today by Prime Minister Narendra Modi who said it will make the Indian Ocean "more safer and secure".
India on Monday promised Mauritius that it will remain a steadfast partner as the two nations advocated a rule-based architecture of global governance that will be a bulwark against challenges such as terrorism.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
The BJP has accused the Congress of politicising the death of former prime minister Manmohan Singh and levelling "baseless allegations" of disrespect and mismanagement at his State funeral. The Congress has countered by alleging that the government's arrangements for the funeral were a "shocking display" of disrespect. The row comes as the Congress alleges that the Centre did not allow news agencies except for DD (Doordarshan) to cover the funeral, did not provide enough space for Singh's family around the pyre, and did not stand up for the national flag during the gun salute. The BJP has refuted all of these charges.
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From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.
Having made no headway to amend a 26-year-old double taxation avoidance agreement with Mauritius, the finance ministry has hardened its stance against broadening India's economic engagement with the island nation.
Air India will launch its direct flights from India to Mauritius from September 12, its chairman and managing director V Tulasidas said.
Company analysts and tax experts say neither the foreign direct investment nor the portfolio investment by large institutions will be affected.
The government of Mauritius is likely to issue a new format for the tax residency certificate (TRC) for foreign institutional investors (FIIs), incorporating additional particulars required by the Indian government.
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In an emotional speech at a public reception organised by villagers and the state government, the visiting prime minister, speaking in chaste Bhojpuri, said it was like a second homecoming for him and his family on reaching this remote village from where his grandfather Mohit Ramgoolam had gone to Mauritius without any money in his pocket.
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The mortal remains of former prime minister Dr Manmohan Singh were consigned to flames at the Nigambodh Ghat in New Delhi on Saturday amid the chanting of religious hymns. The funeral pyre was lit by his eldest daughter Upinder Singh.
Other forms of securities such as compulsorily convertible debentures (CCDs), optionally convertible debentures (OCDs) and some derivatives could remain out of the scope of the amendments
India is responding swiftly to the intended Chinese encroachment in a region it has seen as its traditional sphere of influence. The Indian Ocean is becoming the latest theatre of Sino-Indian rivalry, with China straining to breach India's old intimacy with island nations like the Maldives and Mauritius and sparking a diplomatic battle between the two countries.
Amruta Khanvilkar takes a break in Mauritius and explores the exotic island with her sister, Aditi Khanvilkar Bakshi.
India play out 1-1 draw with Vietnam in international football friendly
Head coach Manolo Marquez will seek his first win with Team India in an international friendly against Vietnam in Nahm Din, Vietnam on Saturday which was originally planned as a Tri-Nation tournament before Lebanon's withdrawal.
Modi is likely to hold separate bilateral meetings with the foreign leaders.
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Nepalese Prime Minister Pushpa Kamal Dahal 'Prachanda', Bhutanese Prime Minister Tshering Tobgay and Prime Minister of Mauritius Pravind Jugnauth are set to be invited to Modi's swearing-in ceremony.
Sharif was the only prime minister from India's neighbourhood who wasn't invited to the swearing-in ceremony in New Delhi.
'Marquez is trying to instil his philosophy, and that's going to take time. In every camp, we're getting closer to what he wants from us as a team. With time, training, and the level of coaching he has, I have no doubt we'll be a strong team in the qualifiers.'
The Boeing 777 disappeared on its way from Kuala Lumpur to Beijing, sparking a two-year search which has turned up few leads.
At a time when migrant workers from Bihar are under violent attacks in several states in their own country, a Mauritian firm has sent a proposal to the Bihar government seeking services of 500 ITI-trained hands.Filcon Cavra Limited, a company based in Mauritius, has sought the services of 500 youth with technical training from our state, deputy chief minister Sushil Kumar Modi, who holds the Labour portfolio said.
Amidst panic in the stock market over double tax avoidance treaty with Mauritius, government on Monday said India "cannot impose arbitrarily" capital gains tax on investment routed through the island nation.
'Overall it's time that the federation focuses on how to take Indian football forward. You cannot just have Vision 2046 on paper and not implement things.'
