A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.
A group of community leaders met Dr Devyani Khobragade on Monday at the Indian consulate in New York and offered the support of the people.
Given the security dilemma prevailing between India and China, India should curb the operation of Chinese telecom companies in India, asserts Dr Rup Narayan Das.
Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.
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The Mahatma's descendants differ over Modi and the BJP victory... US-based Coalition Against Genocide vows to oppose Modi... Only Hindu US Congresswoman congratulates Modi... George Joseph/Rediff.com reports from New York.
IT minister Ravi Shankar Prasad on Wednesday slammed Twitter for deliberate defiance and failure to comply with the country's new IT rules, which has led to the United States giant losing its intermediary status in India and becoming liable for users posting any unlawful content.
'It is sad that Kerala had so many Covid patients which is primarily due to the mismanagement of the Left government.' 'The technical committee was full of CPI-M leaders who happen to have medical degrees with no experience in public health.' 'They were advising the CM and we are paying for those mistakes.'
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
'In mocking him, Modi and Shah went horribly wrong.'
'It made Gandhi determined to fight to the finish, which now has the entire Sangh Parivar rattled,' says a Congress leader, privy to the repeated RSS outreach for a rapproachment.
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.
The president and First Lady Melania Trump will travel to New Delhi and Ahmedabad during the visit.
Events in America have strengthened the hand of those leaders there who wish India well, but think of India as being a collection of Indians.
If Indians are mistreated, they will object, asserts Aakar Patel.
'It is really troublesome that someone in a position of power is misleading people and presumably, citizens of the country to give up data.' 'That is not a part of informed consent.'
Gandhi said, "Modi talked about bringing back black money from abroad and putting Rs 15 lakh in each Indian's bank account. I ask why Mallya and Lalit Modi are still abroad then."
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Earlier at the University of California, Berkeley Gandhi had said that Modi had caused "tremendous damage" to India's economy with his "reckless and dangerous" decisions like demonetisation and "hastily-applied" GST.
'If the museum in his memory inspires and instils among Brahminical British Indians an attitude of equality towards Dalits, the edifice would be worth it,' reports Ashis Ray.
It's baffling that highly trained professionals who have migrated in search of better incomes and creature comforts, and whose number includes some 200,000 millionaires, should still feel so vehemently about the landscape they have abandoned.
Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.
Banks, real-estate sectors lead gains.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s?
Union Minister Vayalar Ravi on Sunday slammed his colleague and Home Minister P Chidambaram for his remarks on the Mullaperiyar Dam, calling them as "unfortunate" and said they only showed his "political immaturity".
The four recommendations came from Civil Aviation Minister Praful Patel, Minister for Overseas Indian Affairs,Vayalar Ravi, member of US Congress Joseph Crowley and Dalis Adler, staff associate, sub-committee on the Middle East and South Asia under the House Committee on Foreign Affairs.
She also challenged him to a public debate 'without a handwritten script' over his criticism of the Modi government.
Rahul would know that fealty can be a fickle thing, and that if the Congress bucks the trend and actually wins the next national election, selfies with him would find their way from phones to walls, replacing those taken with Modi.
Chidambaram mocked her with a tongue-in-cheek tweet.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
The Prime Minister's Office has made clear Modi's wishes that the reception planned for him at New York's famed Madison Square Garden should not carry the imprimatur of any community organisation, but be under the auspices of a 'Reception Committee for the Prime Minister of India.' Aziz Haniffa/Rediff.com reports.
Stronger the pitch of various states, the better for India as a country. The two states plan to showcase their improved 'ease of doing business rankings'.
'Non Resident Indians know that India's problems are the combination of many factors over the centuries, including foreign rule, lack of resources and the ever-growing population, among other things. Yet, India has achieved many things and even looks at Mars as a neighbour.'
China will increase its defence spending by "around seven per cent" this year, as it vowed to guard against "outside meddling" in its territorial disputes.
A bill to amend the Citizenship Act, one of the six items on which government had issued ordinances, was on Monday passed by the Lok Sabha.
M S Gill, V Narayanasami, Jitin Prasada, Raghunath Jha, Jyotiraditya Scindia, Santosh Bagrodia and Rameshwar Oraon were on Sunday inducted into the Union Council of Ministers. Congress president Sonia Gandhi said that she had wanted her son and All-Indian Congress Committee general secretary to become a minister, but he refused.
The retrospective amendment will help BJP and Congress escape the fallout of a 2014 Delhi high court judgment that held both guilty of violating the FCRA.
His remark comes hours after the government disclosed before the Supreme Court eight more names, including that of Pradip Burman, one of Dabur India promoters, a bullion trader and a Goa miner against whom it has started prosecution for allegedly stashing black money in foreign banks.
Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.
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