George Osborne and British foreign secretary William Hague are on a two-day visit to India to bolster trade and investment ties with Asia's third-largest economy.
A feeder fund makes most of its investments through a 'master fund'.
Pranab refuses to give any guarantee of rollback after UK counterpart warns of adverse impact on investments.
The figures show that the number of UK-born people in employment was 25 million over the three months to June, a fall of 50,000 people on a year earlier.
His huge delegation comprising six Cabinet ministers, including Chancellor of the Exchequer George Osborne, too, talked money.
Prime Minister of United Kingdom David Cameron will be paying a three-day state visit to India from Tuesday.
A 600-million-pound contract won by Tata Consultancy Services from Britain's Personal Accounts Delivery Authority has come under renewed media scrutiny.
Simplification of India's tax codes including stamp and other duties has to be an end objective by itself and the introduction of DTC and GST should not be delayed by protracted discussions.
After that, he said, "It will be time for new leadership".
The conference by the think tank Open Europe and the Fresh Start group of MPs came in the wake of growing demand for the British Parliament to block EU laws.
But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
British Prime Minister David Cameron plans to slap a pay freeze on his ministers until 2020 in an attempt to show that the new government will share in new austerity cuts.
An "emotional" British Prime Minister David Cameron on Tuesday chaired his last cabinet meeting before handing over the baton to Theresa May who will assume charge on Wednesday, becoming the United Kingdom's second woman premier after Margaret Thatcher.
Johnson reacted to media speculation on Twitter by dismissing any rebellion.
Some of the world's wealthiest Indian billionaires, such steel magnate Lakshmi Mittal and mining and metals tycoon Anil Agarwal, are based in London.
Britain's Prime Minister David Cameron on Monday promoted one of its most prominent Indian-origin MPs Priti Patel by making her the new employment minister, as he unveiled the first all-Conservative cabinet in nearly 20 years with his top four aides retaining their previous portfolios
Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc.
Modi is scheduled to meet over 50 CEOs of Fortune 500 companies over dinner hosted in New York on September 24.
Newly re-elected British Prime Minister David Cameron is working out his first one-party Cabinet made up of Conservative party MPs without any Liberal Democrat coalition considerations of the past.
JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector
After debating the motion put forward by May in the House of Commons, 522 of the 650 sitting MPs voted in favour of the June 8 election, passing the threshold of two-thirds needed to approve the plan.
Other candidates emerging in the fray include United Kingdom's longest-serving home secretaries in history, Theresa May, who turns 60 later this year and has reportedly gathered strong support, followed by UK health secretary Jeremy Hunt.
'If the school of bluffers includes those who get to the top not from deep knowledge but from delivering 'a clever quip or a leftfield surprise argument', then Modi is the undisputed Bluffocrat Emeritus,' says Sunil Sethi.
The Gandhi statue to be unveiled in Parliament Square will be his second in London. There is another one at the city's Tavistock Square. Aditi Phadnis reports
'The "Hollandisation" of British policy may not bring the expected gains as the future may show,' says Claude Arpi.
May announced her first big shake-up just minutes after entering Downing Street on Wednesday.
Sixty-seven years after he led India to freedom from British rule, a statue of Mahatma Gandhi would be installed in Parliament Square in London by early next year.
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
Rejecting allegations of vendetta levelled against him and the United Progressive Alliance, former Finance Minister P Chidambaram on Wednesday demanded that the government should ensure that Lalit Modi returns to India to face the probe by the Enforcement Directorate on various charges, including money laundering.
Former Finance Minister P Chidambaram on Tuesday said letters written to British authorities on Lalit Modi case during UPA rule should be released as they will answer the former IPL Commissioner's accusations against him and Congress.
Some stunning moments of the week that was
The United Kingdom has voted by 51.9 per cent to 48.1 per cent to leave the European Union after 43 years in an historic referendum.
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