ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).
The rupee recovered 14 paise to 66.40 against the dollar in early trade on Monday.
In the fourth of a six-part series Sahil Makkar finds out how badly Jalandhar's sports goods industry was hit by the note ban and the price it continues to pay.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
According to the annual HSBC 'Value of Education Learning for Life' report, India has the world's highest proportion of parents (88 per cent) who are willing to send their children abroad for higher studies, ahead of Turkey (83 per cent), Malaysia and China (82 per cent each).
.JPG)
The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
Traders said sentiment turned distinctly weak after gold prices slumped in global markets as Swiss voters rejected a plan for their central bank to accumulate bullion and oil extended its decline to five-year low, curbing demand for the precious metal.
Getting US citizenship will in no way affect your right of being able to own or hold the agricultural land in India.
No home food for Karti, medicines allowed only on prescription.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore (Rs 44.60 billion).
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
Chidambaram mocked her with a tongue-in-cheek tweet.
Firm equity market failed to restrict the rupee's fall against the dollar
Dealers attributed the fall in the rupee on Tuesday to dollar's gains against other currencies overseas, but a higher opening in the domestic equity market capped the fall.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The former finance minister's only child was arrested at Chennai airport.
The Clinton campaign and the Democratic Party have alleged that the Russian interference had contributed in Trump's electoral victory
The rupee recovered by 15 paise at 65.49 against the US dollar.
The US and European Union on Monday announced a round of sanctions against Russian officials.
The rupee had recovered from its 29-month lows by rising 39 paise to close at 67.63 on Friday.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Weakness in the greenback overseas against the backdrop of sluggish US macro data outcome helped the home currency move higher
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
In forward market today, premium for dollar declined on sustained receivings from exporters.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
Bucking a strong trend in share market, the Indian rupee on Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.
The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Economic recovery in US, euro zone help; new orders sub-index at 52.4
At lower levels, a supportive buying in dollar forced rupee to depreciate since opening trade
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain
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