Pending last minute disturbances or any other untoward development, the government and opposition have reached a compromise by which Parliament will function on Thursday.
The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.
India may have to wait till at least next year for information from Switzerland on possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011.
In touch with the Swiss government under the DTAA mandate
Calling upon "honest" people within the Congress to act the way VP Singh had done on Bofors, Bharatiya Janata Party leader L K Advani on Wednesday said they should show the same courage in getting back black money stashed abroad by Indians.
A total of 64,275 declarations were made under the scheme, an average of Rs 1 crore per disclosure. This is expected to translate into tax collection of about Rs 30,000 crore from the scheme, of which the government exchequer should get around Rs 15,000 crore by the end of 2016-17.
A classic example of a leader who has chosen to risk everything for his vision.
Meeting the disclosure norms isn't very easy.
Delhi Police have arrested a driver who masterminded a robbery of his employer's cash, after initially claiming he was robbed by motorcycle-borne assailants.
The Reserve Bank of India on Monday directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team (SIT) set up to unearth black money.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.
The Enforcement Directorate (ED) has requested a special PMLA court in Mumbai to issue a production warrant against Ashok Kharat, a self-styled godman-cum-astrologer, who is accused of rape and fraud and is currently in police custody in Nashik district, in connection with a money laundering case.
Filing with inadequate disclosure of assets will be liable for prosecution
India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.
India has already signed the OECD's global standard for automatic exchange of information between tax authorities two years back and once the new format is implemented, the country will follow the new protocols envisaged in it.
A 40-year-old lost Malayalam cinematic gem, John Abraham's Amma Ariyan, has been meticulously restored in 4K by the Film Heritage Foundation and is now set to grace the prestigious Cannes Classics section
Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year
From marocain to bromocriptine, the Scripps National Spelling Bee has challenged young wordsmiths with some of the English language's most obscure and fascinating words over the past decade.
While being more expensive than its four-door sibling, the M440i convertible is more exotic with its looks, and being a convertible certainly adds to the driving experience, says Somnath Chatterjee.
The new City hybrid might seem expensive at Rs 21 lakh but offers a hybrid powertrain with excellent efficiency plus more aggressive styling.
The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on Monday.
If you are feeling depressed, just watch this 15 year old on your TV! Your blues will fly away, exclaims Colonel Anil A Athale (retd).
Indians having undisclosed property abroad will have to pay tax and penalty.
Indian Grandmaster R Praggnanandhaa drew with Wesley So in the fifth round of the Super Chess Classic, part of the Grand Chess Tour, while Vincent Keymer of Germany maintained his lead.
The exhaustive list was uploaded on the official web portal of the department.
He said this in Parliament rebutting reports last month, which quoted the Swiss National Bank, the country's central bank, as saying in its annual report that Indian deposits had risen by 50 per cent in 2017.
Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.
G20 summit noticeably lacked in responses to illicit financial flows, one of the largest drags on development worldwide
Incensed by the remark, the Congress President was heard saying, "Kya bola (what did he say)?" While protesting, she addressed Speaker Sumitra Mahajan and said, "What is this?"
From selling vacuum cleaners to Bollywood's poetic soul, Swanand Kirkire reveals the grit, heartbreaks, and coincidences behind his most iconic songs and life's journey.
Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year
Companies were consulting law firms and consultants to understand the Bill.
'It will cause problems for people who deal in small amounts of cash.' 'I hope it does not cause law and order problems.'
He raised the issue while mocking at the excavation being conducted by the Archaeological Survey of India in Unnao in Uttar Pradesh after a saint said he had dreamt about 1000 tonnes of gold being underneath at a place there.
This week's OTT releases feature a diverse range of genres, from the adult entertainment platform-focused Margo's Got Money Troubles starring Elle Fanning, Michelle Pfeiffer, and Nicole Kidman, to the Hindi crime drama Matka King with Vijay Varma, exploring Bombay's gambling culture.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Three institutes entrusted with the task to estimate amount say data collection a hurd#8804 to submit report by December.
The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said.
West Bengal Chief Minister Mamata Banerjee criticised the BJP after the central government failed to pass a Constitution amendment bill for women's quota in legislatures, accusing the BJP of using the bill as a political ploy to divide the country and Bengal.
