The President He said his administration will not allow any State agreements that may compromise the country's sovereignty, The Edition newspaper reported.
The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.
These slots, under the air bubble pact, will later be extended to operate regular flight services once international flight services resumes.
The passengers aboard the helicopter are reported to be five Mexican nationals, whose identities have yet to be disclosed and pilot senior captain Chet B Gurung, the Himalayan Times newspaper reported
Kumar joined KPMG in 1995 as a Finance Management Leader and from 2005 until his retirement in September 2013 he led the firm's West Coast Finance Management Consulting practice.
Its callous perspective and comical treatment of a sensitive matter makes a complete hash of things, asserts Sukanya Verma.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
The base will be used by carriers such as Alliance Air, a subsidiary of Air India, to operate 70-seater ATR aircraft to places such as Bengaluru.
The President stated that due to his government's success in expelling Indian troops from the country, people who spread false rumours, are attempting to twist the situation, a news portal Edition.mv reported.
Exports to India support 180,000 US jobs.
'You treat me like eye candy and I will leave you like you're a wrapper.'
India is currently a relatively small market for the US, in terms of total US exports.
China continues to hold the top slot.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
The Indian Space Research Organisation will launch four foreign satellites this year as it seeks to make further inroads into the international satellite-building and launch services market in 2009.
SpiceJet is the only Boeing 737 MAX operator in India, with 13 aircraft of the type in its fleet and a total of 205 planes on order.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
Withdrawals from basic savings bank deposit accounts are capped at four a month, including withdrawals via ATMs.
Canada will be pausing all in-person services at the consulates in Chandigarh, Mumbai and Bengaluru and is now directing all Canadians in India to the High Commission in New Delhi.
The adjudicating authority of the Enforcement Directorate ED has adjudicated a show cause notice issued to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of Foreign Exchange Management Act and imposed a penalty of Rs 51.72 crores and Rs 10 crores respectively on them, the probe agency announced on Friday.
The Indo-American Society invites management students and business professionals to a seminar on importing from USA.
AzaadiSAT had around 75 small payloads developed by schoolgirls of 75 rural schools.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
India's external debt rose by 8.2 per cent year-on-year to $620.7 billion as of March 2022, which according to the finance ministry is sustainable. While 53.2 per cent of it was denominated in the US dollar, Indian rupee-denominated debt, estimated at 31.2 per cent, was the second largest, as per the status report on India's external debt released by the ministry. "India's external debt continues to be sustainable and prudently managed. As of end-March 2022, it stood at $620.7 billion, growing by 8.2 per cent over the level a year ago.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.
The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
Jet Airways remains the number one airline serving foreign routes.
Exchanges have twin roles: commercial and regulatory.
Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.
Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
Indian customers will have wider travel options as airlines introduce new flights from the end of March. While Malaysian Airlines and Turkish Airlines are resuming passenger flights to India after a gap of two years, Air France-KLM and Lufthansa Group will scale up their existing service in a graded manner in the summer schedule. Emirates, the largest foreign airline operating in India, too, is looking to restore its pre-Covid-19 schedule of 172 flights per week.
The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
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