'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
'It is not that the H1B visa employees are coming in to displace jobs.'
The government has asked jewellers to provide information on purchases of gold bars or jewellery worth more than Rs 500,000 by the end of this month, a move seen keeping a check on big transactions amid rising smuggling.
'The challenge before the two countries is to turn the peak into a plateau and enter an irreversible phase of cooperation,' notes Ambassador T P Sreenivasan.
Prime Minister Narendra Modi's desire to showcase India as a destination for manufacturing is well understood.
Enforcement Directorate is jointly probing the case.
Companies think they are too big to bow before regulators.
Metal stocks lose ground with Hindalco, Tata Steel, Sesa Sterlite down 4-10%.
'These people are not concerned about Hindu, Muslim, Sikh or Christian -- they are only concerned about being in power,' Akhilesh Yadav tells Rediff.com's Archana Masih in his first interview after the election results.
The government has retained 10% duty on import of the yellow metal.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
The amounts were transferred from HDFC Bank to BoB.
Non-Resident Indians and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs officials at the airport and get a declaration form stamped.
Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand.
The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
A series of bypoll losses has pushed the Modi government into panic mode. Uncharacteristically, it's letting events dictate its actions, says Shekhar Gupta.
US election results may not reverse Indian markets' bearish trend, says Devangshu Datta
In the looking glass world of India's governance, banning something is a good way to promote it
'As long as the government owns the banks, bankers will follow signals from politicians as to how to lend.' 'State-owned banks will remain State-owned banks as long as the current dispensation is in power -- and certainly there will be no change if the other chaps get in,' says Mihir S Sharma.
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.
The Sheikh Hasina-Narendra Modi summit put India-Bangladesh ties on a firmer pitch. Brigadier S K Chatterji (retd) takes stock.
He said it was due to the degradation of moral values that social evils such as rapes, cow slaughter and other evils are happening in the society.
Caution prevailed across the bourses ahead of the Union Budget.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Gold demand in India is expected to be robust in 2014, likely leading to a further jump in smuggling if curbs on bullion imports remain, the World Gold Council (WGC) said.
Trump said that his proposal should be supported by both parties (Republican and Democratic) as a fair compromise -- one where nobody gets everything they want, but where the country gets the critical reforms it needs.
Rahul Gandhi on Thursday joined his sister Priyanka Gandhi in attacking Narendra Modi over snoopgate controversy, saying the Gujarat government has no regard for women as it gets their phones tapped.
Non-resident Indians are bringing gold into the country by taking advantage of rules that allow each individual to carry 1 kg of the metal, helping traders cope with restrictions on imports during the peak wedding season.
US President Barack Obama said there is natural convergence between India and the United States.
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.
'Investors hate uncertainty and the demonetisation move certainly creates that.'
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
The illegal trade in red sanders wood, which sells for up to Rs 80 lakh a tonne in some Asian countries, involves a complex nexus of smugglers and impoverished woodcutters.
'The idea behind the new rules is that slaughter markets must buy directly from the farms as is the case in the bloody world.' 'The cattle markets have become centres for the organised beef mafia.'
Describing Bangladesh as an 'exceptional neighbour', India on Friday said Modi's 'historic' visit there from Saturday will help the two countries.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
