The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.
Infused with new energy under Rohit, India looked a completely overhauled unit after being whitewashed in South Africa and the team would certainly want to continue from where it left of on Sunday night.
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Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the requirements of the new legislation that scraps levy of retrospective taxation, the company had earlier this month given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government has now accepted this and issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said.
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
He further said Sidhu's resignation has been forwarded to Punjab Governor V P Singh Badnore.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
The IMD has also issued a red-coded warning alert to the Odisha and West Bengal coasts.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
'The US will not want to tangle with China landwards.' 'Nor will the US confront the Chinese navy seawards on India's account.'
The camaraderie between Modi and Trump was on full display as the two leaders heaped praise on each other.
Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
Babu R was trapped in a mountain gorge without food or water for two days till the Indian Army rescued him in a daring mission.
On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.
Union Power Minister R K Singh says the Mumbai power outage of October 2020 was caused by 'human error'.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
The leaders of the two countries "discussed the main aspects of bilateral cooperation and exchanged views on current regional topics, including developments in South Asia," said a brief statement issued by the Russian President's office - Kremlin.
The 1.47-minute video also has a few glimpses of the prime minister's daily walk from his home to his office within the Lok Kalyan Marg residence.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Nehru's faith in science and technology, his genuine respect for Bhabha, and their burning ambition worked synergistically to place India on the nuclear map of the world. Atomic energy developed and prospered because of Nehru's vision fulfilled by Bhabha's mission, recalls K S Parthasarathy, former secretary of the Atomic Energy Regulatory Board, on the occasion of India's first prime minister's 119th birthday today.
'Unfortunately, our political class is not interested in making this society equal. They just want to exploit the situation for their own benefit.'
India displayed its military might and vibrant cultural heritage on Rajpath on Wednesday with the grandest flypast with 75 aircraft to mark the 'Azadi ka Amrut Mahotsav' celebrations being the highlight of the 73rd Republic Day Parade, which was drastically scaled down in view of the Covid pandemic.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
Initially it will procure only e-rickshaws and e-autos for leasing to operators
On Saturday, Amarinder Singh had accepted Sidhu's "one-line" resignation and forwarded it to Punjab Governor V P Singh Badnore who conveyed his acceptance of the same.
Bibhu Prasad Routray explains why the US is supporting Japan's resolve to release 'treated' radioactive waste water into the Pacific Ocean. And what role China plays in the US decision.
The final and last approval for the Adani group's long-delayed billion dollar mega coal mine project came weeks after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.
Yamini has superpowers that help her intercept souls headed to heaven or the afterworld or for reincarnation and spirits them away, on another course, to those in need.
The US state department, which issued the revised travel advisory, on Wednesday said that the exemptions have been given under the national interest category.
'It can be my last Olympic Games so, for me, it's about what more I can achieve as an athlete, what I can get from this Olympics? That can only be a medal. That's a dream and that is helping me to sacrifice everything.'
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
India has challenged in a Singapore court a verdict of an international arbitration tribunal that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc, sources said on Thursday. An international arbitration court had on September 25 rejected tax authorities' demand for Rs 22,100 crore in back taxes and penalties relating to the British telecom giant's 2007 acquisition of an Indian operator. Two sources privy to the development said India had 90 days to file an appeal against the tribunal award, and the same was done in a Singapore court earlier this week.
The visit will focus on strengthening cooperation between the US and Pakistan to bring peace, stability, and economic prosperity to a region that has seen far too much conflict, it said.
'Women's voices are too high or too low, or they are seen as too short or too tall, or too fat or too thin, to be great leaders.' 'These judgments wear us down.'
President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.
Khemka who held the charge of principal secretary, social justice and empowerment department, was transferred and posted as principal secretary, sports and youth affairs.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
The cricket establishment in India has an unhealthy respect for reputations. Sachin Tendulkar and Kapil Dev were allowed to retire when they wanted. And captains have played beyond the stage of being automatic picks, notes Suhit K Sen.
Senior Bharatiya Janata Party leader Devendra Fadnavis on Sunday said Nationalist Congress Party chief Sharad Pawar was trying to save the Maha Vikas Aghadi (MVA) government in view of allegations of corruption levelled by former Mumbai police commissioner Param Bir Singh against state Home Minister Anil Deshmukh.
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