The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
PM assures all help to Mamata but non-committal on debt waiver.
The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
Chinese Premier Wen Jiabao on Monday proposed collaboration between India and China in global fora like World Trade Organisation and G-20 and in the financial sector, as top planners of the two countries had a "productive" round of talks at the first Strategic Economic Dialogue in Beijing.
With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials.
The court decided the bail petition on three grounds -- flight risk, tampering with evidence and influencing witnesses.
American companies have been called to invest and explore business opportunities in the state
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Powered by the dynamic growth of India and China, East Asia has transformed dramatically and is surging ahead becoming the biggest growth story of recent times, Singapore Prime Minister Lee Hsein Loong said on Wednesday.
'India should pledge that it will only target those provinces of Pakistan where nuclear weapons are located,' says Colonel Anil A Athale (retd).
'Making the railways better is a different type of a challenge.'
Trump, 74, who faces a formidable challenge from former Democratic vice president Joe Biden, 77, is scheduled to deliver his acceptance speech from the South Lawn of the White House on August 27.
India has voiced its strong opposition to China's Belt and Road Initiative and its flagship project -- the CPEC -- at the just concluded second UN Sustainable Transport Conference where the Indian diplomat's mike curiously went silent while she was highlighting New Delhi's objection to the controversial projects.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
Responding strongly to attacks on him by Congress chief Sonia Gandhi, Prime Minister Narendra Modi on Thursday implied that she wielded real power during the United Progressive Alliance rule as an "extra-constitutional" authority whereas his government was run only by constitutional means.
India and China met and spoke a lot this year, but failed to produce any meaningful results.
Money permits patronage. Money means power. No wonder details of the crores locked up in NPAs and never repaid loans are top secret, Sunanda K Datta-Ray.
Delhi has come to accept the Taliban takeover in Kabul as a reality and seems increasingly unsure of its dogmatic view of the Taliban as a mere proxy of the Pakistani military and security establishment, observes Ambassador M K Bhadrakumar.
In a most perverse example of tax bullying, someone I know has got by three such notices reopening his assessment minutes before the midnight deadline of June 30, reveals Debashis Basu.
The declaration also names Pak-based terror groups like LeT and JeM.
Trinamool Congress MPs accused the Modi government of having imposed a "super emergency" by launching the exercise and engaging in "vendetta politics" by arresting two party lawmakers after it opposed the "draconian" move.
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
Khan's government will be the third consecutive democratic government in Pakistan since 2008.
'Facilitating conversion of well-run NBFCs into banks is urgently needed.'
Interestingly, India had objected to the establishment of a UNHCHR when it was proposed by the US at the Vienna Conference on Human Rights in July 1993 and the whole proposal was remitted to the General Assembly in New York because India and others said that the whole issue should be examined in detail, says Ambassador T P Sreenivasan, who had led the Indian delegation for negotiating the terms of the HCHR.
The announcement came after marathon meetings held by the minister with senior railway board officials since Friday.
Budget forces last minute change in finance minister's plans.
Taking exception to Uttar Pradesh government's proposed move to withdraw cases against Muslim leaders in Muzaffarnagar riots, the Bharatiya Janata Party on Tuesday asked Governor B L Joshi to press the government to withdraw all cases, including those lodged against its leaders, in connection with the violence.
'This allows opportunities for (Chinese) entry into the domestic politics of Nepal, something that is also encouraged by Nepali politicians's willingness to play the China card (vis-a-vis India).'
Cameron hosted Modi for what has been described as an "intimate dinner" on Thursday evening after a power-packed day that included delegation-level talks, an address to MPs and a speech at the financial hub of London.
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
The Azeri organisers of the European Games are prepared for anti-Armenian sentiment.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
The national transporter is also mulling a hike in passenger fares in the Rail Budget next year to tide over the loss in passenger sector
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
Official sources said the two leaders will meet for around four to six hours for the 'agendaless' talks
