No meeting or interaction has been requested or scheduled with Pakistani Prime Minister Shahid Khaqan Abbasi so far.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
News of all that's transpired on and off the football field
With the year sprinting to a close, we bring you, in pictures, some of the best action from the sports world.
'The Congress party hated him because he had not gone to jail, he was not lathi charged, he had not gone on hunger strike.' 'They felt he had lived in London all his life and then he came to India and became an MP and a minister.'
Canadian football fans may be enjoying the ride but for the players, the grind of the Women's World Cup is no fun.
India's top cueist Pankaj Advani fought off a stiff resistance from Keen Hoo Moh of Malaysia to notch up a 4-2 win in his opening match in the Seaways IBSF World Snooker Championship in Bangalore.
Cristiano Ronaldo scored twice in his 150th European appearance to give Real Madrid a 3-1 victory at Borussia Dortmund, their first against them in Germany, and make it two wins out of two matches in their Champions League Group H.
Officials said Prime Minister Modi will not have a bilateral meeting with his Pakistani counterpart Nawaz Sharif during his current five-day trip to the US.
France produced a scintillating show as they put memories of one of the most painful moments in their soccer history to one side by crushing Bulgaria 4-1 in a World Cup Group A qualifier on Friday.
Germany scored five times in 27 minutes in the first half to crush Estonia 8-0 and make it three wins in three Euro 2020 Group C qualifiers.
In a major development in the fight against black money, multilateral grouping OECD today unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
A round-up of Friday's Euro 2020 qualifying matches.
Reliance Industries leads the pack of 56 Indian companies.
Foreign Direct Investment inflows from Mauritius have almost halved during April-January period of last fiscal to $4.11 billion on fears of impact of GAAR and possible re-negotiation of the tax avoidance treaty.
Indian football saw a big jump in the FIFA rankings on Thursday, rising 24 places to go up to 147 spot.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
A round-up of Thursday night's matches from the Euro 2020 qualifiers.
Prime Minister Narendra Modi, who arrived in New York on Thursday on his second visit to the United States, has a "packed schedule" ahead of him, during which he will address world leaders at a landmark United Nations sustainable development summit and interact with top CEOs and the Indian Diaspora in the Silicon Valley.
Flavia Pennetta, Italy's newly-crowned US Open women's singles champion, will represent Mumbai Masters in this year's Champions Tennis League along with 1996 Wimbledon men's champion Richard Krajicek of the Netherlands following the players' draft, in Mumbai, on Wednesday. The second edition of the Champions Tennis League, the brainchild of former India Davis Cup captain Vijay Amritraj, will be played from November 23 to December 6, an increase of four days from last year's ten-day duration, announced Amritraj at a media conference after the players' draft.
News of all that's transpired on and off the football field
Naomi Osaka continued her stunning run of form with a 6-3, 6-2 victory over 23-times Grand Slam champion Serena Williams in the first round of the Miami Open on Wednesday, the latest big win for the 20-year-old Japanese player.
With a little bit of chaos and a last-minute sprint on preparations, Rio de Janeiro was ready on Friday to revel in a moment seven years in the making: the opening of the Olympic Games.
Serge Gnabry continued his impressive scoring run for Germany, netting in second-half stoppage time for his ninth goal in his 10th international, completing Germany's eighth consecutive win over Northern Ireland.
Bantamweight boxer Shiva Thapa put up an impressive show against Chinese Taipei's Li Lin Yen to book his place in the quarter-finals of the Asian Championships in Amman, Jordan on Friday.
The bilateral talks took place as the formal heads of government meeting got underway in London on Thursday, following a formal launch by Queen Elizabeth II at Buckingham Palace.
'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.
Rohan Bopanna and Daniel Nestor went through several anxious moments before making it to the second round, even as Mahesh Bhupathi and Jurgen Melzer failed to, in the men's doubles at the Australian Open, in Melbourne, on Thursday.
As results prove every week, nothing can be taken for granted in soccer and despite long odds, FIFA could next year have its first French president since Jules Rimet with Jerome Champagne planning to succeed Sepp Blatter.
Prime Minister Narendra Modi and Bangladesh's Sheikh Hasina had a 'very good meeting'
With the distraction of two individual scoring records safely out of the way, Barcelona forward Lionel Messi can turn his full focus on helping the club win the major silverware that eluded them last season.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
Jayshree P Upadhyay ' Mumbai September 9, 2014 Last Updated at 22:50 IST Top Stocks to Buy in 2014 8-10 Best Stocks for 2014 per month Highly Accurate Calls, Free Trial stockaxis.com/Stocks-to-buy-in-2014 Ads by Google 3 Add to My Page RELATED NEWS Foreign investor cap in bourses may be raised Sebi sets foreign portfolio investor limit of 10% per firm Sebi move on FPI regime grounded No clarity yet on FPI regime Jaimini Bhagwati: Correcting tax and disclosure anomalies Karbonn Titanium S5 Plus Be 1st to own latest Android phone with Dual SIM, 8 MP Camera & more!www.karbonnmobiles.com/S5_Plus 1Cr Life Cover @ Rs 543* Compare Premium of 46 Insurers Buy Online and save upto 55%www.policybazaar.com/TermInsur_Rate Ads by Google In a move that could increase the stake of foreign investors in Indian stock exchanges, the government is considering a threefold increase in the single-investor investment ceiling. Currently,a foreign portfolio investor (FPI) investment in an exchange is capped at five per cent. The finance ministry has written to the regulatory authorities to increase the ceiling to 15 per cent, said sources. The proposal is said to have in-principle approval from the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI). The move would bring the FPI investment limit in line with those for financial institutions such as insurance companies and banks. NEW POLICY IN THE WORKS Single foreign investor limit in exchanges to be revised from 5% to 15% Sebi and RBI have given in-principle approval to the proposal Government to amend foreign investment policy BSE has 8 foreign shareholders holding 31% stake NSE has close to 20 foreign shareholders holding 36% stake The government allowed the foreign investors to invest in stock exchanges in 2006, with an overall cap of 49 per cent. This latter cap is likely to be unchanged. BSE and the National Stock Exchange (NSE), the two large nationwide bourses, are likely to benefit from the increase in limits. BSE has eight foreign investors, which cumulatively own about 31 per cent in it. The shareholding of Deutsche Boerse Group and Singapore Exchange Ltd are a little below the five per cent ceiling. NSE has about 20 foreign shareholders, holding around 36 per cent. Cyprus' Gagil and Goldman Sachs own five per cent each; Citi Group has around two per cent. "The finance ministry has received representations stating that the present limit of five per cent is a deterrent in attracting long-term anchor and strategic foreign investors in stock exchanges. Following which, the ministry has sought comments from both Sebi and RBI," said a person privy to the matter. A higher foreign investor limit will not only encourage more investment in Indian bourses but help in exchange of technology and products, said exchange officials. "A five per cent limit on the shareholding of any single investor or investor group is too small to encourage them to take sufficient interest in growth of the exchange," said an official associated with one, asking not to be named. The regulator and the government are also mulling a change in the shareholding of clearing corporations, which could also see individual foreign investors' cap being increased to 15 per cent. Some sections of the market believe that allowing a single FPI to own 15 per cent in a exchange could be detrimental to having a diversified shareholding. The Bimal Jalan committee, in the previous review of ownership and governance of stock exchanges in 2010, had debated whether there was a need to revise the cap. It was in favour of having an anchor investor, such as a bank or financial institution, which would own up to 24 per cent. Read more on: Fpi ' Sebi ' Rbi ' Nse ' Foreign Investor ' Singapore Exchange ' Finance Ministry Read More Investors vie for shares of stock exchanges Pick-up in sentiment, volumes boost bourses' unlisted shares HDFC Life Click2Protect+ Get Lump Sum + Monthly Income Benefit* @ Affordable Rate. Buy Now hdfclife.com/Click2ProtectPlus Retirement Calculator Plan Your Retirement Online in 2Min Calculate & Compare Premium Here! policybazaar.com/Retirement Ads by Google Advertisements Get a freedom to choose your own plan. Click here to know more... Data transforming the match-making business. click here Open a free Trading & Demat A/c with Sharekhan Leadership and Corporate Accountability-India. Click here Great fares to Europe from INR 54,000* Amsterdam. Click here Start Investing with the best Broker in india Important Facts about Infant Hearing Screening Gifting Solutions. Make easy & perfect! Find out what converged solutions can do for you. Smart Cloud Virtualized Server Recovery. Learn more. The perfect drive the perfect style. Book a test drive 3 Add to My Page Back to Top Quick Links Go LATEST NEWSAll NewsIn this section Ebola threatening Liberia's existence, minister warns IS threatens to assassinate Twitter employees Motherson Sumi, Eicher Motors, TVS Motor gain inclusion in F&O segment ABG, Bharati Shipyard rallies on hopes of government sops Pre-market: Five stocks to watch out for in trade today US manufacturing industry pushes India for free trade Dollar gains on Fed outlook, hurts shares Wall St ends lower as Apple shares fall post launch Ukraine ceasefire 'mostly holding': US Flipkart launches third private label Citron News you can use Rss icon Errors to avoid when filing returns What is Gratuity? What are NEFT and RTGS? Check your Income Tax Credit credit status form-26AS online Saving capital gain tax on sale of property Calculate tax on your house property income How to Check your EPF Balance & status online Featured Videos iPhone killers? The biggest threats to Apple's dominance video Jaguar takes the battle to BMW video The 5 biggest IPOs in U.S. history video Here is the next-gen spy plane... a blimp video MOST POPULARReadSharedCommented Supreme Court reserves order on coal block allocations Apple launches Watch, two iPhones & Apple Pay Guj rains: Hundreds evacuated in Vadodara, Army on stand-by Neel Mukherjee's book in Man Booker shortlist Mumbai airport keeps airlines guessing on Airbus A380 parking bay Market News A fourth of mutual fund equity assets concentrated in 10 stocks ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets Den Networks: Investing in new growth avenues Its tie-up with Snapdeal to launch a shopping TV channel looks like a win-win deal Sensex, Nifty retreat from record highs on profit taking The BSE Sensex and Nifty fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent ... High agri imports under govt lens Dept of commerce seeks ideas to curb import dependence for supply of commodities, writes to sector bodies MCX hopes FTIL stake sale will conclude by month-end The exchange's clarification came in the wake of FMC rejecting its demand to allow approvals for contracts for the March quarter of 2015.
he also talked about India's tradition of respecting the nature through festivals like 'Chhat' and referred to the ongoing cleanliness campaign.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
List of Australian Open men's singles champions since the event began in 1905 (Australian unless stated):
Summary of sports events and persons who made news on Thursday
Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.
Northern Ireland set a record of 10 games unbeaten with a 1-0 win over Slovenia after a goal by Conor Washington in a friendly on Monday in the build-up to their first European Championship.
Marcos Baghdatis subdued world number 16 Kevin Anderson in the crucial men's singles as Pune Marathas lifted the inaugural Champions Tennis League (CTL) trophy with a 27-23 victory over Delhi Dreams in the final on Wednesday.