The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.
Earlier, the Railways had issued statements saying that it planned 125 trains for evacuating migrants from Maharashtra on May 25 but the state government was only able to give information for 41 trains till 2 am.
The gold, weighing over 30 kg, was seized from the "diplomatic baggage" that had landed by air cargo at the Thiruvananthapuram international airport recently from the Gulf.
The United States has asked Pakistan to ensure that its territory is not used for planning attacks in India, after Prime Minister Narendra Modi said terrorism is being "incubated in India's neighbourhood".
Three researchers from the Wuhan Institute of Virology sought hospital care in November 2019, weeks before Beijing disclosed the COVID-19 pandemic, a United States media report said, citing a previously undisclosed American intelligence document that could add weight to growing calls for a full scale probe of whether the coronavirus may have escaped from China's top bio lab.
A 76-year-old American tourist tested positive for COVID-19 in Bhutan, the first such case in the country, after travelling through Assam recently.
'India appears to have stood its ground on strategic autonomy by resisting US pressure on Russia, China and Iran, but succumbed to the temptation to walk into a tighter embrace in defence cooperation, a high priority of the Trump administration,' notes Ambassador T P Sreenivasan.
His remarks came in response to the India-US joint statement issued after the talks between Prime Minister Narendra Modi and US President Donald Trump.
Instead of "the dragon and the elephant compete with each other", "the dragon and the elephant dance together, Chinese Foreign Minister Wang Yi said.
"Militants operating out of Pakistan and Afghanistan continue to threaten Afghan stability as well as stoke tensions between Pakistan and India," Gen Votel said.
At the press interaction, Sitharaman said secretaries from the department of financial services and economic affairs will be meeting a deputy governor of RBI soon to look into the "shortcomings" of the functioning of multi-state cooperative banks and see if any amendments can be made to the laws.
The government allowed sugar companies and distilleries to make hand sanitizers using ethanol. Sugar companies supply ethanol to oil marketing companies for blending with petrol.
Chief Secretary A K Tripathy and Director General of Police (DGP) Abhay rushed to the pilgrim town to make the necessary arrangements. "The DGP and I are rushing to Puri to take stock of the situation as per the direction of the chief minister. We will camp there," Tripathy said.
A day earlier, the House of Representatives voted 326-78 to pass a waiver exempting Austin from the seven-year 'cooling off period' for retired generals taking over as defence secretary. The senate approved the waiver by 69-27 votes.
Mumbai's dabbawala said they are suspending their services till March 31.
India and the US have "deep strategic relations" which have bipartisan support in the US and enjoys "overwhelming public support" in India.
The first batch of five Rafale jets arrived in India on July 29, nearly four years after India signed an inter-governmental agreement with France to procure 36 of the aircraft at a cost of Rs 59,000 crore.
Section 144 of CrPC, prohibiting assembly of five or more people at one spot, will be in force during the period, Thackeray had said, but refrained from terming the new curbs as a lockdown.
The United States, Blinken said, is committed to looking at everything done from day one through the present and draw lessons from it.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
The medical board has ruled out murder in the death of Rajput, terming it 'a case of hanging and death by suicide', the premier institute's forensic chief Dr Sudhir Gupta had said last week.
"The underlining theme with which we have been working till now is that we trust the taxpayers and from purely an enforcement agency, we are shifting our focus to being a service-oriented department," says CBDT chairman Pramod Chandra Mody.
The US Justice Department has accused Armstrong of defrauding the government by accepting millions of dollars in sponsorship money from the US Postal Service (USPS).
The Shiv Sena chief said an atmosphere is being created in the country that the National Register of Citizens (NRC) is 'dangerous' for Muslims, but added that the exercise will not be carried out in Maharashtra.
India and China on Friday agreed to hold the next round of military talks at an early date to achieve the objective of complete disengagement in remaining friction points in eastern Ladakh amid fresh sparring between the two sides on the prolonged Line of Actual Control (LAC) standoff.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
There were no reports of loss of life due to the cyclone which uprooted trees. Incidents of wall collapse were reported from some parts of Tamil Nadu, state Revenue Minister R B Udhayakumar said.
"It would be wonderful if they (India and Pakistan) get along," Trump said.
The state government issued the notice to the Phagwara-based LPU attitude as 'extremely callous and irresponsible' in handling the case of a 21-year-old, corona-positive woman hosteller and keeping itself open, and sought its explanation over the breach of lockdown orders.
India and China on Friday held 'in-depth' discussions on addressing the remaining issues along the Line of Actual Control (LAC) in eastern Ladakh, holding that disengagement in the North and South banks of Pangong lake provided a good basis to work towards their early resolution.
West Bengal Chief Minister Mamata Banerjee on Monday wrote to Prime Minister Narendra Modi, requesting him to withdraw the Centre's order recalling Chief Secretary Alapan Bandyopadhyay, and said her government 'is not releasing' the top bureaucrat.
In the two-day summit, the SCO will kick off the process of India's accession to the grouping as a full-fledged member along with Pakistan.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
Union Home Minister Amit Shah on Monday reviewed the preparations for Cyclone Yaas including the evacuation of people on the high seas as well as in vulnerable coastal areas and the safety of COVID-19 facilities.
The Trump administration has been very clear that the acquisition of advanced Russian technology sends the wrong message to Russia at a time when it continues its aggressions, the official said.
This is perhaps for the first time the CBI raided a serving police chief of a state.
Trump had said a comprehensive trade agreement with India would take much longer to finalise than earlier expected.
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