Chidambaram said the RMS is based on trust and is part of international co-operation efforts on trade-related issues. The facility will enable low-risk consignments to be cleared based on self-assessment declarations by exporters.
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
Known for weighing his options carefully before making any move, Kumar, upon a closer look, comes across as a risk taker who has not shied away from going against the tide.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Known for weighing his options carefully before making any move, Kumar, upon a closer look, comes across as a risk taker who has not shied away from going against the tide.
The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
The guided-missile destroyer USS Dewey conducted a patrol within 20 kilometres of Mischeef Reef, part of the Spratly Islands.
They warned that Islamabad wants to send a 'strong message' to India against isolating it on the world stage.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers.
'Everybody spies on their friends as well as their enemies. That's the way the world works these days'
Membership of Nuclear Suppliers Group ensures continued availability of fuel sufficient to operate India's nuclear plants.
A former Australian defence official, who headed the search for the missing Malaysian jet MH370 in the Indian Ocean, will lead Australia's MH17 plane investigation and recovery operation in Ukraine.
'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.
Businesses have been reluctant to talk about contingency plans for Brexit
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
Juster, 62, is an old India hand who played a key role in the landmark Indo-US civil nuclear deal.
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
Doval will meet US Defence Secretary James Mattis on March 24, Pentagon spokesman Capt Jeff Davis told reporters, adding that they are likely to discuss a wide range of bilateral security issues and those related to the defence relationship.
Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
Oppo's FDI application approved for single-brand retail trading
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
America had postponed the much-awaited dialogue due to "unavoidable reasons" last month.
Tax department sends notices saying they are liable to pay MAT.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
Ahead of Russian President Vladimir Putin's India visit, the United States has said it would not impact President Barack Obama's trip to the country in January but warned now was not the right time to do business with Russia.
Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
Giving final touches to its most ambitious plan to build a wide network of new silk roads on land and seas to enhance global connectivity, China has invited India to join President Xi Jinping's pet project that would revive the ancient trade route and benefit the region.
Pointing out to the 133-acre Dhirubhai Ambani Knowledge City on the outskirts of the financial capital, he said there is huge realty play opportunity that RCom's erstwhile corporate headquarters possesses, and pegged the potential value creation at the site at Rs 25,000 crore.
Bank of Baroda ended flat after sharp gains in the previous session.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
The United States has said it has no problem with India's engagement with Russia, but cautioned that it was not the right time to have trade deals with Moscow because of a series of international sanctions against it.
Five longtime Republicans -- K V Kumar, Puneet Ahluwalia, Suhail Khan, Ajay Kuntamukkala and Harry Walia -- have been named to the GOP's Asian Pacific American Advisory Council.
Currently, India imposes 30-45 per cent duty on textile products from Pakistan.
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