India could lose out on hosting the 2021 Champions Trophy if the government doesn't allow tax exemption on the event.
'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.
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.
A summary of sports events and sports persons, who made news on Thursday
'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.
Rishad joined the company in June 2007.
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.
Sourav Ganguly will have his hands full during his nine-month tenure
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
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'
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.
The institute's incubation cell claims the start up mortality rate in the incubators are lowest.
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.
The pilots and other senior staff have not been getting their full salaries since December.
Not all NPAs are treated as wilful defaulters.
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 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.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
FDI inflows into India were $34 billion in 2014, up 22%.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
Brokers have only kept guarantees for which they have open positions.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
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.
Only nine of the airline's 370 daily flights were making profits.
The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors
The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.
The Delhi High Court-appointed observer Justice Mukul Mudgal has given a scathing report on the Delhi and Districts Cricket Association's functioning during this year's Indian Premier League with strong observations against a few senior DDCA office-bearers.
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.
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.
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
IFC will act as a transaction advisor for the projects to be developed in the public-private partnership mode.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Religious minorities in India have been subjected to "violent attacks, forced conversions" and 'Ghar Wapsi' campaigns by groups like the Rashtriya Swayamsevak Sangh after the Modi government assumed power in 2014, a US Congress-established panel has said.
