Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
The diplomat spoke on condition of anonymity to give a sense of the feeling of other members of the Security Council after China blocked the move to designate Azhar a global terrorist. Beijing previously put a technical hold on similar proposals at the UNSC thrice.
The intensity of the blast was so high that window panes in adjoining buildings were shattered and shocked people were seen running helter-skelter, an eyewitness said.
Industry experts say there will be problems, as power supply is a concern for providing uninterrupted service
'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.
Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.
ONGC is the country's most profitable PSU.
Govt looks at more taxes, dividends to meet deficit target.
The Appointments Committee of the Cabinet approved appointment of Sarraf, who at present is Managing Director of ONGC's overseas arm, ONGC Videsh Ltd.
For the first time the government is organising an event where consolidated efforts would be made to help start-ups.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
'Government is saying that I will not be responsible for ensuring you get MSP but traders and large corporate will be responsible. 'India now is the only country that is saying such things'
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018. The funds held by Indians through fiduciaries alone used to be in billions till 2007 but began falling after that amid fears of regulatory crackdown. It is now at second-lowest level in 20 years.
'The procurement cycle still consumes too much time; little has changed.'
Indian economy was growing faster than the global average and all other major economies: FM
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
Business houses don't think twice about blacklisting a newspaper.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
Ushering in a new era of movie watching, the Union government allowed multiplexes, cinema halls and theatres to reopen from Thursday within the framework of a set of standard operating procedures.
Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.
'There's a huge need for advancements in current security incident logging and monitoring practices.'
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
'The belief that FDI will shift from China appears to be a strategy of politicians to keep the media busy, chasing irrelevant news to ward off pressure and questions about the government's plans to deal with COVID,' observes Debashis Basu.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
The Wuhan lockdown was lifted even as epidemiologists warned that it is not the time to completely lower the guard and ease on full-scale restrictions, considering the looming asymptomatic patients and possible rebound in infections, the official media reported.
A court in Chennai on Tuesday adjourned to June 9 the income tax return cases against Tamil Nadu Chief Minister J Jayalalithaa and her aide Sasikala for their appearance.
Companies have activated a comprehensive pandemic response plan with requisite risk mitigation protocols for keeping networks working as telecom is an essential service.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
Those behind recapitalisation are neither aware nor do they care. After all, they have no skin in this game. And the Lok Sabha elections are round the corner. That's what they care about, points out Debashis Basu.
The entire selection process of the IOC chairman was shrouded in mediocrity and mystery.
An HR person's job is all about talent management.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
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