'If the US intention was to use the FATF platform to isolate Pakistan and impose sanctions against it, that is not going to work when influential countries such as Turkey, Iran, Saudi Arabia, China and Russia will not lend support to the US campaign,' says Ambassador M K Bhadrakumar.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
Managing expectations is a challenge for policymakers.
We sought Rs 2,000 crore from government to revamp security infrastructure at bases and installations. But it is yet to give a single rupee: Armed forces. The armed forces will have to spend money on revamping security infrastructure from funds allocated in defence budget: Defence ministry.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
Interestingly, India had objected to the establishment of a UNHCHR when it was proposed by the US at the Vienna Conference on Human Rights in July 1993 and the whole proposal was remitted to the General Assembly in New York because India and others said that the whole issue should be examined in detail, says Ambassador T P Sreenivasan, who had led the Indian delegation for negotiating the terms of the HCHR.
In its final order, the environment ministry had concluded that the upfront payment of Rs 200 crore as Environment Restoration Fund for violations and damage done was not permitted under the Environment Protection Act. Consequent to this order, the penalty that could be imposed on any confirmation of violation in the future is a maximum of Rs 1 lakh.
There is a case for analysing the fiscal deficit, separately for expenditure and investment.
As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob.
Sourav Ganguly will have his hands full during his nine-month tenure
Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
The venture is seen as a rival to the World Bank.
India could lose out on hosting the 2021 Champions Trophy if the government doesn't allow tax exemption on the event.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
A summary of sports events and sports persons, who made news on Thursday
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
The pilots and other senior staff have not been getting their full salaries since December.
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Amul will now export dairy products to Russia.
India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics.
Olympic Association is yet to get an official confirmation about shooting being scrapped from the programme of 2022 Commonwealth Games but said it will ask the organisers to reconsider its decision.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
The institute's incubation cell claims the start up mortality rate in the incubators are lowest.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
A comparative analysis of the two companies' rankings on three parameters reveals why ONGC slipped in ranking
11th-hour debt restructuring programme offered no concessions to creditors
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Rishad joined the company in June 2007.
Not all NPAs are treated as wilful defaulters.
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
FDI inflows into India were $34 billion in 2014, up 22%.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
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