Finance minister tries to put house in order before reforms are unveiled in February.
A well-functioning GST will enhance tax compliance and boost growth: IMF
'Modi came out with this huge announcement that he has given a historic price rise to farmers.' 'It was actually a fake price. He did not give the price mentioned in the BJP's election manifesto.' 'So, Modi gave an incomplete price rise and publicised it as if he has completed his job.' ''This government has surely proved that it does not care about farmers in any way.'
'Above 2,000 metres the gradient of the Himalayas is very steep and if you build any infrastructure (roads, dams, hydro power projects) in these regions, it will not be able to sustain these events (the onslaught of debris that comes down with great speeds).'
Amid long-pending dispute between the UK-based telecom giant Vodafone and the tax authorities in India, Finance Minister's advisor Parthasarathi Shome on Wednesday said the government should not use retrospective amendment of tax laws to raise revenues.
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Raging wildfires have killed 74 people including small children in Greece, devouring homes and forests, in what officials are calling the worst fires the country has seen in a decade. Around 500 firefighters, aircraft and helicopters have been mobilised to tackle the fires, while a state of emergency was declared in western and eastern Attica. Take a look at the devastation the fires have brought on in Greece.
FTIL prepares to challenge the order in the Bombay high court
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
Acting according to the process directed by the Forward Markets Commission, the exchange realised Rs 7.77 crore (Rs 77.7 million) by auctioning underlying commodities in members' warehouses.
The tripartite agreement was signed by Assam Chief Minister Sarbananda Sonowal, top leadership of the four factions of the NDFB, ABSU, Joint Secretary in the Home Ministry Satyendra Garg and Assam Chief Secretary Kumar Sanjay Krishna in presence of Union Home Minister Amit Shah.
The proposed merger would likely harm future competition
'The meeting marks the first tentative step in the effort to understand whether the two largest Asian nations can co-exist peacefully while realising their aspirations.' 'Caution and watchful wariness will dominate the effort of both sides,' says Jayadeva Ranade, former RA&W officer and China expert.
According our source in New Delhi, it took Tamil Nadu Chief Minister and All India Dravida Munetra Kazhagam chief J Jayalalithaa's early-hour phone call to Prime Minister Narendra Modi eased the tension about the unanimous resolution on the Judicial Appointments Commission Bill in the Rajya Sabha.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
The military will now demand further pay and promotion parity with civilians
Ranbaxy was asked to sell all products containing Leuprorelin which are marketed and supplied under brand name Eligard.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Bangladesh hopes to procure a submarine to boost the capabilities of its navy, Prime Minister Sheikh Hasina said at an event marking the induction of two patrol aircraft and three warships.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
An international convention of people of Indian-origin in the US has demanded voting rights for Indian citizens living outside India and Rajya Sabha seats for Non-Resident Indians.
Firm terms lenders' move to appoint monitoring agency 'unwarranted'.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
In a stern warning to Pakistan, India on Sunday said there cannot be a dialogue with Islamabad if ceasefire violations are repeated.
Fearing disturbances from across the Indo-Pak border, Jammu and Kashmir government will relocate 125 polling stations along the borderline in Jammu district to safer places to ensure border dwellers vote freely.
The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
'Our biggest advantage is that the troops are much better trained and motivated than the Chinese and can improvise and manage with a part of the resources.'
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
To plug claims mismanagement, the Insurance Regulatory and Development Authority of India (Irdai) is bringing reforms in the mediclaim segment.
The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
'All these people want is a secure home where they can live and earn in peace.'
Sri Lanka's Minister for Economic Development, Basil Rajapakse's visit to New Delhi on Thursday for what is described as "regular high level consultations" comes shortly before a scheduled meeting of a Parliamentary Select Committee for Constitutional Amendments on July 9.
The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore (Rs 56 billion) payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of investigation or apprehension of offenders".
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