India on Friday summoned Pakistan's deputy high commissioner and lodged a strong protest against the adjournment of the ongoing Mumbai terror attack case trial in Pakistan.
In a 7-page letter Choksi said, he was being threatened by the individuals with whom he has business relationship and due to the seizure of his assets, his employees, customers and creditors have started to show animosity towards him.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
World soccer's governing body, FIFA, is expected to pass wide-ranging reforms at a Congress in Zurich next Friday, when a new president will also be elected.
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic scenario during the year.
Lakhs of students appear for it every year. How are you preparing for it?
Could the Centre and the prime minister have achieved more than what they did on curbing the endemic spread through more of the Modi outreach, given his credibility and unchallenged ability to communicate with the masses, asks N Sathiya Moorthy.
Congress on Wednesday sought to demolish Sushma Swaraj's claim of helping Lalit Modi on humanitarian grounds in Lok Sabha, saying she could have done it under a legal framework and demanded response from Prime Minister Narendra Modi.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
'If somebody in your family listens more to your neighbour than you, then doesn't the fault lie with you also? This is what is happening in Kashmir.'
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
Rejecting allegations of vendetta levelled against him and the United Progressive Alliance, former Finance Minister P Chidambaram on Wednesday demanded that the government should ensure that Lalit Modi returns to India to face the probe by the Enforcement Directorate on various charges, including money laundering.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Released on Friday after his detention under the stringent Public Safety Act (PSA) was revoked, former chief minister Farooq Abdullah drove from his residence to nearby Hari Nivas where his son, also a former chief minister, has been held first under preventive custody since February 5 under the PSA. The two warmly embraced.
According to the govt, Greenpeace activist Priya Pillai cannot be allowed to travel to London as she would indulge in anti-national activities.
Companies think they are too big to bow before regulators.
Students, watch out for these mistakes!
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Officers of the rank of Joint Secretaries will also be covered under a key directive to the Central Bureau of Investigation, Central Vigilance Commission and other departments in probing corruption with the government rectifying an error 20 months after it crept into an office order.
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The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
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Birmingham-based Gurpreet Singh Chadda, who was doing business of sale and rent-back of homes through Red2Black Homes and B&L Homes, has also been banned from working in the British financial services industry, besides a fine of 945,277 pounds (nearly Rs nine crore), the FCA said.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
In a significant development, Indian Railways on Thursday joined hands with China to increase speed in its existing rail network, modernise stations and enhance mutual cooperation in the sector in the country.
Signs of a possible solution to the political crisis engulfing Pakistan emerged on Tuesday with the embattled government saying it has reached an agreement with Imran Khan's party on most of their demands, except that of Premier Nawaz Sharif's ouster which it said is non-negotiable.
The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
In his new role, Subbarao will take part in various activities at NUS Business School, the Institute of South Asian Studies and the Monetary Authority of Singapore.
The finance ministry has put out a revised draft in public domain.
India's ties with Saudi Arabia have been on an upswing over the last two decades based on burgeoning energy ties. Both sides are keen on expanding the economic ties in a range of areas besides the oil sector.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
On May 16, the leads will start trickling in from morning but the final result is likely to come only after 3.30 pm, beyond trading time for the equities segment in India.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
Central Bureau of Investigation on Wednesday registered a record number of 46 cases in a day in connection with its probe in the Rs 10,000-crore Saradha chit fund scam naming Trinamool Congress' sitting Rajya Sabha MP Kunal Ghosh as one of the accused.
