Mahanagar Telephone Nigam Ltd has bagged three licences for offering fixed, GSM-based mobile and international long distance services in Mauritius.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
The Mauritian sports ministry confirmed on Wednesday that chef de mission Kaysee Teeroovengadum had stepped down from his role at the April 4-15 Games after it was alleged he had sexually assaulted women's javelin thrower Jessika Selma Rosun.
The amendment would help check round-tripping of funds and boost the domestic consumption, Jaitley added
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
Mauritius has rejected compensation of Rs 500 crore to plug loopholes in double taxation avoidance treaty. Mauritius accounts for nearly half of all foreign direct investment (FDI) inflows to India. With the tightening of tax laws, India attempted to amend the treaty. Due to the treaty, India was suffering over Rs 4,000 crore loss annually for some years in terms of revenue foregone on account of the capital gains exemption for investors routing their funds through Mauritius.
'China is India's primary strategic challenge, which will not go away.
A multi-layer security arrangement involving five companies of paramilitary personnel, NSG commandoes and snipers have already been deployed around the Rashtrapati Bhawan. Drone cameras have also been put into service.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
The government has set up two income tax overseas units at its missions in Singapore and Mauritius and will create such units in eight more countries to facilitate exchange of information on tax-related issues, Parliament was informed on Tuesday.
Mauritius on Friday said it has exchanged information related to over 170 cases with India over three years, and the two countries have made big progress on the double taxation avoidance treaty since 2006.
A summary of sports events and persons who made news on Sunday
Top officials of the Central Bureau of Investigation are in Mauritius as part of the investigation into the multi-crore Satyam scam, which its founder B Ramalinga Raju confessed to in January.
Treaty shopping by investors to be over if island nation budges on capital gains tax.
Mauritius to hand over 32 Indian prisoners
During his stay, the PM will hold wide-ranging talks on bilateral, regional and international issues with Mauritian Prime Minister Paul Raymond Berenger.
President Pranab Mukherjee was on Wednesday conferred the honorary degree of Doctor of Civil Law by the University of Mauritius. In a ceremony attended by President Rajkeswur Purryag and Prime Minister Dr Navinchandra Ramgoolam, Mukherjee was conferred the honour by Sir Ramesh Jewoolall, chancellor of the university.
The agreements and the memoranda of understanding were signed in the presence of Prime Minister Manmohan Singh, who is in Mauritius on a four-day visit, and his Mauritian counterpart Paul Reymond Berenger.
Mauritius is back in the news, and as usual not for the right reasons.
In addition to participating in the swearing-in ceremony, the leaders will attend a banquet hosted by President Droupadi Murmu at Rashtrapati Bhavan, it said.
An India-built naval patrol vessel for Mauritius that will help in better policing its vast exclusive economic zone was commissioned today by Prime Minister Narendra Modi who said it will make the Indian Ocean "more safer and secure".
The much-awaited talks between India and Mauritius over renegotiation of their tax treaty may begin soon, with India pushing for changes in the clause on the treatment of the capital gains tax.
Net foreign direct investment (FDI) in India, inflows minus outflows, declined 38.4 per cent year-on-year to $15.41 billion in the first 10 months of this financial year due to an increase in the repatriation of capital. According to the Reserve Bank of India's data in the March 2024 bulletin, FDI in India was $25.53 billion and outflows were $10.11 billion in April 2023-January 2024. In the same period last year, FDI inflows stood at $36.75 billion and outflows at $11.75 billion.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
Market regulators of India and Mauritius inked a crucial agreement, on Thursday, for sharing of information on securities dealings, which would assist Sebi to dig deep into the securities scam of 2000-01 and prevent similar incidents in future.\n\n\n\n
India on Monday promised Mauritius that it will remain a steadfast partner as the two nations advocated a rule-based architecture of global governance that will be a bulwark against challenges such as terrorism.
Pakistan football team's arrival in Bengaluru for the SAFF Football Championship has been delayed due to a visa issue.
Net inflows were $18.4 billion for the rolling 12-month period ended January 2024 compared to $32.7 billion for the rolling 12-month period ended January 2023.
Kareena says hi... Tisca has fun in sarson ka khet... Preity wears a happy smile...
Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets.
Having made no headway to amend a 26-year-old double taxation avoidance agreement with Mauritius, the finance ministry has hardened its stance against broadening India's economic engagement with the island nation.
Company analysts and tax experts say neither the foreign direct investment nor the portfolio investment by large institutions will be affected.
Air India will launch its direct flights from India to Mauritius from September 12, its chairman and managing director V Tulasidas said.
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