The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
The Budget will focus on Gujarat's GIFT City.
Venu Rajamony, a career diplomat, has been appointed as press secretary to President Pranab Mukherjee.
Venu Rajamony, a career diplomat, has been appointed as press secretary to President Pranab Mukherjee.
Afghanistan will play T20 World Cup, says media manager.
Does your favourite institute feature in the list?
Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
'People should realise that what we are fighting for today is actually for tomorrow, for future generations.'
Overseas bourses may take similar action and stop providing data on foreign indices and commodities traded in India, Ashish Chauhan, chief executive officer, BSE said.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Trading in other derivative products in currency, commodities expected to begin soon.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
Media reports have said England and Australia are set to join India in opposing the new ICC tournaments, which would cut into the windows of opportunity for cricket's 'Big Three' to hold lucrative bilateral series.
The new exchange will also help global companies raise finance from other overseas investors.
An angry BCCI has now threatened to withdraw the Indian team from the next year's Champions Trophy in England after being excluded from the ICC's finance committee meeting held a few days ago in Dubai.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
New exchange will provide an electronic platform for trading.
Sri Lanka Cricket is set to oppose the proposed changes in the International Cricket Council's administrative structure which seeks to place India, Australia and England in a position of power over the rest of the members.
Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan.
The government is also working on Euroclearing, the world's biggest bond settlement system, for Indian debt securities.
New Zealand Cricket has backed the proposed changes in the ICC's administrative structure, which would leave major decision-making in the hands of India, Australia and England, despite facing severe criticism from the country's players' association.
Work on projects worth Rs 1,000 cr in full swing: Gift City
West Indies cricket president James Cameron and Pakistan board chairman Najam Sethi have been awarded seats on the International Cricket Council's new executive committee, but South Africa has been snubbed from the game's new world order.
For India, pulling out of the tournament, to be staged in England and Wales in June, is a serious option if the revenue sharing talks break down.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
Miffed with the changes being proposed in the ICC's administrative structure, the Pakistan Cricket Board said it will oppose any overhaul that will cede executive decision-making to India, Australia and England.
The International Cricket Council's (ICC) board has voted to pass a new financial model to reverse a 2014 decision which effectively put India, England and Australia in control of the game's finances and administration.
The Pakistan Cricket Board was paid around $58-60m as its share of the International Cricket Council (ICC) events held in the present cycle of eight years, which ends in 2014.
Narayanaswami Srinivasan might have been barred from becoming the president of the Board of Control for Cricket in India but he is set to represent the Indian Board in the International Cricket Council meeting.
BSE is world's largest exchange in terms of listed companies and figures among top 10 globally on various other parameters.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
The Federation of International Cricketers' Associations (FICA) urged Test playing nations on Wednesday to reject the controversial proposals that would effectively place Australia, England and India in charge of the world game.
The Pakistan Cricket Board has been told by its governing board to strongly oppose the changes proposed by India, Australia and England cricket boards in the governance and distribution of finances in the ICC.
Pervez Musharraf is contemplating a political front with jihadi groups to contest Pakistan's next election. Should the jihadi groups win a few seats, terrorist outfits will gain legitimacy in Pakistan, warns Brigadier S K Chatterji (retd).
Indian banks have the potential to go global, says ICICI Bank chief Chanda Kochhar.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
