President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
Manchester City came from behind twice to earn a 2-2 draw with Liverpool in a breathless and pulsating Premier League encounter, at Anfield, on Sunday. All four goals came in the second half.
The broader markets closed in tandem with their large counter parts- BSE Midcap and Smallcap indices lost 0.065 and 0.10%, each.
Admiral Philips Davidson, Commander of the US Indo-Pacific Command, also told the powerful Senate Armed Services Committee on Tuesday that China's recent activities along the Line of Actual Control have opened India's eyes to what cooperative effort with others might mean for their own defensive needs as he observed that New Delhi, in the very near term, will deepen its engagement with the Quad.
State Congress president D K Shivakumar even tore papers on his table, in protest against the introduction of the bill, which his party called 'draconian and anti-constitution'.
Mumbai unleashed wave after wave of attacks, but to no avail. Mourtada Fall blazed one over in the 38th minute, while a couple of minutes later, Ogbeche headed wide from close range. The Jamshedpur defence held firm as both teams went into the break on level terms.
Brazil fought back from a goal down to score three times in the second half and record a 3-1 win over Venezuela that maintained their 100 percent record in qualifying matches for the 2022 World Cup.
Root received applause on social media for his stance.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
The elephant in the room will permeate the conversations, predicts Rup Narayan Das.
Bucking a strong trend in share market, the Indian rupee on Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.
A round-up of Wednesday's action in the UEFA Champions League.
He still faces a separate inquiry into whether he committed a crime by posting intimate pictures online.
IMAGES from the English Premier League matches played on Saturday.
Wayne Rooney scored on his return to the Manchester United starting-line up as Jose Mourinho's side enjoyed a 2-0 win at Burnley in the Premier League on Sunday to close in on the top four and extend their unbeaten league run to 23 games.
"A Biden administration will be mostly positive for India," said Rick Rossow from the Centre for Strategic and International Studies think tank. "I expect most positive areas of cooperation -- notably defence -- to be maintained," he said.
IMAGES from Day 1 of the Wimbledon Championships played on Monday.
"Stalin is the future of the party," said late Dravida Munnetra Kazhagam patriarch M Karunanidhi about six years ago at a party meet when his son was party treasurer.
IMAGES from the English Premier League matches played on Saturday
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
And if there are so many opportunities, why haven't they invested in them, asks Debashis Basu.
All the results from the I-League and ISL matches played on Sunday
Images from the English Premier League matches played on Sunday night
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
1 jawan was injured in a gunbattle with Naxals in Chhattisgarh's Kanker district.
Images from Tuesday's action in the UEFA Champions League.
'But I think this is going to be cleared up as soon as possible and I believe in Neymar's innocence. We the players and the backroom staff are going to support him so that it doesn't have any effect on the field'
Laxmi Negi/Rediff.com picks five of the best team performances from this round as the tournament heads into its business end.
Riyad Mahrez struck twice as Manchester City reached the Champions League final for the first time thanks to a 2-0 victory over Paris St Germain at the Etihad Stadium on Tuesday that secured a 4-1 aggregate win.
Spanish prosecutors have won a series of cases against high profile footballers and coaches for tax fraud in recent years, including Lionel Messi, Cristiano Ronaldo and Jose Mourinho.
Images from the football matches played across Europe on Wednesday.
The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.
Gabriel, 30, accepted an ICC charge after he was warned by on-field umpires during the third Test for comments made towards England captain Joe Root.
Daniil Medvedev dominated Canada's Felix Auger-Aliassime 6-4, 7-5, 6-2 on Friday to reach the US Open final courtesy of a dozen aces in just a little over two hours.
However, one goal proved enough for City who picked up their sixth successive league win to move four points clear of Liverpool, who host Aston Villa later on Saturday, at the top of the standings.
Oil marketing companies on Friday cut petrol price by 32 paise, and diesel by 85 paise a litre with effect from midnight tonight.
