The government may be waiting for the outcome of an arbitration initiated against its levy of Rs 10,247 crore retrospective tax on UK's Cairn Energy Plc before deciding on appealing against losing a tax case against Vodafone Group, sources said. An international arbitral tribunal is expected to give a decree within next few days on Cairn Energy Plc's challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes. If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand.
The top court asked Solicitor General Tushar Mehta, appearing for the Centre, whether protesting farmers are protected from COVID-19.
Asked during a press briefing if special trains and private vehicles will also be allowed to transport these people as demanded by some states and others, Joint Secretary in the Union home ministry Punya Salila Srivastava said the orders issued at present were for 'using buses and for group of persons'.
India was fooled into believing that Communist China wanted a 'negotiated' settlement with the Tibetans; it was never the case, says Claude Arpi.
'The regime -- and particularly the home ministry under Amit Shah -- have sought to suppress and destroy these struggles through intimidation, bullying, threats, through false cases, arrests, custodial torture, the use of draconian laws like the UAPA.'
'India should play the role of a good neighbour, a mediator. and they should stand beside the people of Afghanistan. As a woman, as a human being, I will advise the Indian government to play the role of a peacemaker'
70-plus years after Independence, 'Hindu India, metamorphosised as 'Hindutva India', is proving the British right -- and for all the wrong reasons. Mohan Bhagwat should have answers for the why of it, says N Sathiya Moorthy.
After meeting Shah, Patnaik said he briefed the minister on the current situation in Hauz Qazi area.
Even media persons covering the agitation manage to reach the protest sites with difficulty as they first have to pass through checking and then cross multiple layers of barricading. A Bharatiya Kisan Union office-bearer at Ghazipur border, which now resembles a highly-secured fortress, said despite the odds, supporters from far-off places are reaching the site to express solidarity with farmers.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
The meeting comes against the backdrop of rising number of coronavirus cases in the country.
In the first highest level face-to-face contact between the two sides after border tension erupted in eastern Ladakh in early May, Singh and Wei met for two hours and 20 minutes in Moscow on Friday evening on the sidelines of a meeting of the defence ministers of the Shanghai Cooperation Organisation.
The health system is trying to ensure that it isn't caught by surprise -- the way it was last time. So, hectic preparations are on.
Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.
Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.
Experts believe that under-reporting is likely to cause an underestimation of the spread of the disease.
Kalanithi Maran claims deal with Ajay Singh is dead; SpiceJet spokesperson says Maran's claims are baseless and false
Tuesday's bridge collapse once again puts the spotlight on the city's urban infrastructure and a dire need for its development.
Will stand for rights of Kashmiris: Imran Khan in PoK
Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
Investigations are on and it will reveal whoever is behind it, G Kishan Reddy said.
'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
With CPCB saying that the air quality is not severe now, the SC partially lifted its ban.
It is the first highest level face-to-face meeting between the two sides after the border row escalated in eastern Ladakh in early May.
After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."
Farmers had threatened to block other roads of Delhi in the coming days if the new agriculture laws are not scrapped soon.
The coronavirus outbreak began in Wuhan, capital of China's Hubei province, in December and has now spread across the globe. The Chinese authorities are trying to contain the epidemic while other countries, including India, are working on plans to evacuate their citizens from Wuhan and other cities in Hubei province, the epicentre of the outbreak.
At least three people lost their lives during violent protests over granting the PRC to six non-Arunachal Pradesh Scheduled Tribe communities living in Namsai and Changlang districts -- Deoris, Sonowal-Kacharis, Morans, Adivasis and Mishings -- and to the Gorkhas living in Vijaynagar.
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
Cloud on whether CPRL is a subsidiary of McDonald's India or a 50-50 venture.
The Supreme Court said on Thursday that it will hear "as and when required" a public interest litigation challenging the government's notification authorising 10 central agencies to intercept, monitor and decrypt any computer system.
The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
Films that amazed Aseem Chhabra at the El Gouna Film Festival in Egypt.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
Images from Europa and Champions League matches played on Wednesday.
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