A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
The HC's direction came on Qureshi's plea in which he sought a restraint on the ED from arresting or taking any coercive action once he joins the investigation.
Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
DFS writes to departments that haven't responded to RBI's request for information.
While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
Important for Chinese President Xi Jinping will be Zhao's discussions on the issues of Tibet and the Dalai Lama and his assessment of the likely results of India's coming national elections, notes former senior RA&W officer and China expert Jayadeva Ranade.
Moily walked from his residence at 3, Tughlak Lane, to the Race Course Metro Station, where he boarded a Yellow Line train and alighted two stops later at the Central Secretariat station, a short walk from Shastri Bhawan, the seat of the Oil Ministry.
The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country
General Mattis has been the most steadfast champion in Trump's cabinet of the US-India defence relationship. If Trump chooses a more pliable successor, the Pentagon's attention could go off India.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
635 declarations of illegal wealth were made in the 3-month compliance window.
'The Modi regime is not willing to use its huge political capital for taking any economic policy measure that it fears might undermine that political strength, says A K Bhattacharya.
Did you know that India is among the top five countries in food processing?
Nike has been present in India since 1996.
Cairn Energy of UK is seeking compensation from the Government of India.
Doval will meet US Defence Secretary James Mattis on March 24, Pentagon spokesman Capt Jeff Davis told reporters, adding that they are likely to discuss a wide range of bilateral security issues and those related to the defence relationship.
Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.
India needs to take note of China's assertiveness in implementing its national security law as also its recently exhibited sensitivity to criticism of Xi Jinping by the Indian media, says former senior R&AW officer and China expert Jayadeva Ranade.
Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.
Mattis also warned Pakistan of global "diplomatic isolation" and losing its Non-NATO ally status if it failed to take action against safe havens to terrorists on its soil.
'Of all the areas that define the future for a strong US-India partnership, none is more important than our defence and security ties.'
'India has ramped up infrastructure on its side, so the Chinese military is finding Indian soldiers in locations where they are not used to seeing an Indian footprint,' points out Harsh V Pant.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.
'India appears to have stood its ground on strategic autonomy by resisting US pressure on Russia, China and Iran, but succumbed to the temptation to walk into a tighter embrace in defence cooperation, a high priority of the Trump administration,' notes Ambassador T P Sreenivasan.
Each of the defendants was associated with the Micropower Career Institute, a for-profit school with five campuses in New York and New Jersey, or the Institute for Health Education, a for-profit school located in New Jersey. Suman Guha Mozumder reports.
The US had initiated investigation against Infosys and its larger rival Tata Consultancy Services (TCS) for possible violations of H-1B visa rules in June.
The guided-missile destroyer USS Dewey conducted a patrol within 20 kilometres of Mischeef Reef, part of the Spratly Islands.
The RBI governor also said he is not 'overly' worried about any interest rate hike by the Federal Reserve, saying the country had enough foreign exchange reserves.
The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
Sheela Bhatt/Rediff.com decodes why Modi has decided to retain her in the Union Cabinet despite this controversy and their many internal differences.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.