Long accused of being a route for avoiding taxes for foreign investments into India, Mauritius says it has put additional safeguards in place to thwart such wrong perceptions and to boost its image as a preferred global financial centre.
A divided party -- not the quashing of the Adarsh report -- will spell doom for the Congress in Maharashtra, argues Neeta Kolhatkar.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
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Eminent free market economist Arvind Panagariya has been appointed to run Indian Prime Minister Narendra Modi's new Policy Commission, set up to modernise economic strategy after decades of Soviet-style central planning.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
After allowing FDI by foreign carriers in their Indian counterparts, the government has put in place provisions to prevent Indian airlines from being controlled and managed by the foreign investor.
The scandal revolves around accusations that money was demanded from top athletes to 'bury' medical tests showing drug use
India's antitrust regulator has approved Sun-Ranbaxy deal, subject to the companies divesting seven products.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.
This Budget signals a shift from a hand-out to a hand-up economy.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Telecom Regulatory Authority of India has recommended up 62 per cent reduction in base price of premium 2G spectrum and up to 37 per cent in case of radiowaves freed from the cancellation of 122 licences, compared to the amount fixed for previous auction.
Mumbai is observing the sixth anniversary of the dastardly attacks that shook the city
The president of a top Honduras football club and two family members were charged by US authorities on Wednesday with engineering a decade-long scheme to launder drug trafficking and foreign bribery proceeds through US accounts.
Predatory pricing petitions against Ola, Uber were filed from across cities.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
Likely to be merged with Union Budget from FY18
App-based taxi aggregator Ola is in talks to raise fresh funding of up to $400 million.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Finance Minister Arun Jaitley had came out with a host of proposals last month.
The Economic Survey called for improving business environment.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
What is required from government is intellectual framework.
'None other but the invincible chariot led by Modi and Shah could have taken up the challenge and won,' says Tarun Vijay.
KCR will continue as caretaker chief minister until the new government is formed.
'We need to take steps towards ease of doing business.'
China will prioritise the development of a floating nuclear power platform in the coming five years.
'We cannot ignore the role of public institutions in driving development... I don't see much focus on institutional renewal.'
'Providing funds and autonomy to a few institutions that may not have the intent to excel must not become a case of trying to feed those who are not hungry and starving those who are famished,' says Jitendra Kumar Das, Director, FORE School of Management, New Delhi.
Several changes have been carried out in the existing rules or Civil Aviation Requirements, including one which clearly states that a passenger airline 'shall not enter into an agreement with a foreign investing institution or a foreign airline, which may give such foreign investing institution or foreign airlines or others on behalf of them, the right to control the management of the domestic operator.'
The abolition of wealth tax is again a welcome step.
She, however, preferred not to use the word 'Rohingya' and said 'we have urged that the situation be handled with restraint, keeping in mind the welfare of the population'.
Centre meets target of 18,000 villages but household metering remains a challenge
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
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