It is believed that ministry of external affairs in its earlier letter to the finance ministry had raised the issue of apparent contradictions in this regard. At present, a foreign individual cannot become an FII, and as such a Pakistani individual citizen also cannot become an FII, the communication said.
Nitish Reddy fails with bat as Vidarbha take first-innings lead against Andhra
Habib Bank along with state-run National Bank of Pakistan had applied to RBI, India's banking regulator, for starting operations in India, while SBI, PNB and Bank of India had sought appoval for going to Pakistan.
'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
Three Pakistani banks, including Habib Bank, National Bank of Pakistan and United Bank, have expressed interest in opening branches in India.
The Reserve Bank of India has recommended the names of State Bank of India and Bank of India to its Pakistani counterpart for allowing them to open of branches in that country.
Pakistan hosted its maiden first class match under lights with a coloured ball on Thursday in a bid to attract crowds and raise the profile of its domestic cricket.
With a packed four-month long cricketing schedule awaiting Pakistan, captain Younis Khan and his deputy Shahid Afridi have cleared their misunderstanding in a meeting in Karachi, sources said on Friday.
Former Pakistan head coach Waqar Younis believes that tainted left-handed batsman Salman Butt, who served a five-year ban for his involvement in 2010 spot-fixing scandal, should be recalled to the national team on the basis of his current form. Waqar, who was Pakistan's coach during the infamous Lord's Test in 2010, when Butt was found guilty of orchestrating the delivery of no-balls from fast bowlers Mohammad Amir and Mohammad Asif, said he was he was in favour of Butt returning based on his recent domestic form.
Khan in his maiden speech at the 74th UNGA session suggested that nuclear-armed Pakistan may not have much of a choice if a conventional war were to break out between Pakistan and India which he described as a country seven-times its size.
Pakistan pacer Umar Gul failed to impress the national selectors in his comeback bid.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Rajneesh Gupta gives us a list of noteworthy statistics from first-class and Ranji Trophy
Pakistan's late military ruler Zia-ul-Haq's son has served a legal notice on a banker, who is at the centre of a scandal over the funding of politicians by the Inter-Services Intelligence in 1990, for claiming that he gave millions of rupees to his family.
Singh said that children who study in missionary schools lack "sanskaar".
The Nizam's descendants, Prince Mukarram Jah -- the titular eighth Nizam of Hyderabad -- and his younger brother Muffakham Jah, joined hands with the Indian government in the legal battle against Pakistan for possession of over around 35 million pounds lying with NatWest Bank plc in London.
'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'
This Haryana village believes it has 'found' the Saraswati river of the Vedas.
'Will Muhammad Habib Zahir -- who was part of the team that arrested Kulbhushan Jadhav and went missing in Nepal -- figure in a Jadhav-for-Zahir deal?' asks Aditi Phadnis.
'Ladakh is a tiny salami-slice issue.' 'The big one for China is Arunachal Pradesh, more than 83,000 sq km.' 'Do they imagine they can grab any of this by force?' 'In the 21st century, nursing those thoughts only means you need to get your heads examined.' 'It isn't going to happen,' declares Shekhar Gupta.
The writers, artistes, thinkers and academics had gathered for a "resistance" meet (Pratirodh) against what they described as "attack on reason, democracy and composite culture".
Fraudsters were luring gullible investors of daily returns up to Rs 75,000.
Bikash Mohapatra presents a kaleidoscope of views from Jammu and Kashmir, where the five-phase polling for its six seats ended last week.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.
