A SFIO probe into Saradha scam and 'chit fund' operations of 62 other entities has found serious financial mismanagement and siphoning off the funds by their promoters, who took advantage of regulatory gaps.
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
It makes it mandatory for companies to spend on social welfare and seeks to bring in greater transparency.
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
'The decision of August will have to be taken back. This is our resolve. When it will happen, how it will happen, the judge of our case are the people of this country.'
'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
Most sold property or plunged their families deeply into debt to pay labour recruiters' fees
Hitting back at Arvind Kejriwal over the DDCA row, Finance Minister Arun Jaitley on Thursday accused him of spreading "false propaganda", saying he seems to believe in untruth and defamation and delivers a language that borders on hysteria.
"If there are people who don't like the organisation or don't like me, they will realise they have been wrong... they will realise that."
Congress leadership would take a call on who would be its deputy chief minister on Tuesday.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Moniz, who is expected to meet Indian officials on March 10 and 11, had put off the trip last month in view of the strained relations between the two countries over the arrest of senior Indian diplomat Devyani Khobragade in New York.
A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar.
The only Indian-American in Congress won the election in 2012 and re-election in 2014 by wafer-thin margins. His race this year is officially a 'close contest'.
Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, on Monday resigned from Rajya Sabha.
'This is a political case and police is being used here right from the day one.'
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Explaining the modus operandi, Assistant Commissioner of Police (Crime) Mukund Hatote told a Thane court that "best performing" staffers were given reward of up to Rs 1 lakh by the operators of the racket for making US nationals cough up money.
"All opposition parties should work together. It should be a one-to-one fight against the BJP. All opposition parties should help the strongest one in the state against the BJP," Banerjee said.
The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.
Darryl D' Monte, the distinguished enviromental journalist, discusses how the media covers floods in Mumbai or Texas, but ignores Assam or Bangladesh.
The vigilance department of the Insurance Regulatory and Development Authority is looking into such complaints in Rajiv Gandhi Shilpi Swasthya Bima Yojana, Weather Insurance Scheme, Shetkari Apghati Durghatana Bima Yojana and Panjikrut Kishan Durghatana Bima Yojana, according to a letter written by IRDA to Finance Ministry on its ongoing probe.
The US has hailed a power-sharing deal between rival Afghan presidential candidates as a "moment of extraordinary statesmanship" that ended a prolonged dispute threatening to plunge the war-torn nation into further political turmoil and complicate the NATO troops withdrawal.
We lost the gains of Rio and Kyoto in Copenhagen and Paris, but it would have been worse, if any mandatory restraints were imposed on our green house gas emissions, says Ambassador T P Sreenivasan.
Liquor baron Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, is all set to be expelled from the Rajya Sabha as Chairman Hamid Ansari on Tuesday turned down his resignation on procedural grounds.
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
"The truth is out. The report does not name Jaitley. There is no allegation against him, there is no indication (of wrong doing). The Delhi chief minister, we believe, should apologise to Jaitley for his allegations... he should publicly apologise," said MJ Akbar.
Former Honduran President Rafael Callejas pleaded guilty on Monday to U.S. charges that he participated in bribery schemes that are under investigation at soccer's world governing body FIFA.
K Pandiarajan has filed a petition in the apex court in which he has sought a direction for quashing Speaker P Dhanapal's decision rejecting the demand for a secret ballot to determine the outcome of the floor test.
Notification, FAQs likely after FM Jaitley returns from the US
If you are confused about the US presidential elections, here's a simple guide by Smita Prakash to explain how it works.
Australia has backed a World Anti-Doping Agency (WADA) recommendation that Russia be banned from international athletics, including the 2016 Olympics, after a report alleged systemic state-backed cheating.
A common factor that binds all these men is greed.
From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.
Millions voted in the United Kingdom on Thursday in the country's closest polls in decades as Prime Minister David Cameron's Conservative Party and opposition Labour were locked in a dead heat electoral battle with migrant voters, including the Indian diaspora, expected to be the deciding factor.
'We realised that the government and police were shielding the Dera chief.' 'From 2002 to now, irrespective of which political party, the Dera has always been protected.'
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Suitors came with all-cash offers but were rebuffed
