A UK judge presiding over the extradition proceedings of Nirav Modi on Tuesday ruled that the evidence submitted by the Indian authorities to establish a prima facie case of fraud and money laundering against the fugitive diamantaire is broadly admissible. District Judge Samuel Goozee heard the arguments for and against the admissibility of certain witness statements provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) at Westminster Magistrates' Court in London and concluded that he considered himself "bound" by the previous UK court rulings in the extradition case of former Kingfisher Airlines chief Vijay Mallya. He then adjourned the case for a two-day hearing on January 7 and 8 next year, when he will hear the final submissions in the case before he hands down his judgment a few weeks later.
The government's plan to mop-up additional revenue from indirect tax may not materialise
Gold prices spurted to set a new closing peak at Rs 9,200 per 10 gram on the bullion market on Tuesday on aggressive buying by stockists and jewellery fabricators triggered by surging overseas trend.
'There can be no dispute over the adverse impact such a policy will surely have on India's manufacturing competitiveness,' notes A K Bhattacharya.
It's possible to curb tax evasion using high-end technology. But it requires an honest intention to make use of the treasure trove of data that is captured, points out Harsh Roongta.
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
There will be a review of employee compensation arrangement in the light of the new rules.
'The mandir-masjid issue led to a lot of blood, pain and anguish on both sides. It scarred this nation.' 'It is time to educate ourselves and move on.'
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Four Canadian ministers of Indian origin are traveling with Prime Minister Trudeau.
In the 2015 bypoll in the same RK Nagar seat, she had declared total assets of Rs 117.13 crore.
The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.
GlowRoad, a business network for homemakers, is helping women who want to earn from home.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
Sectors throw up a wishlist for the Finance Minister.
Meeting the disclosure norms isn't very easy.
Sensex closed the day 416 points higher.
What if you could have an option apart from personal loan in times of crisis?
Customs and excise duty rates have been amended mainly to promote Make in India.
Girgaum, once a thriving neighbourhood of Maharashtrians in south Mumbai, who loved their seafood and meat, has slowly been taken over by vegetarians, forcing eateries serving non-vegetarian food to shut down, says Neeta Kolhatkar
About 90% of divorce cases end as a fight about alimony.
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