The CBI is probing whether the former IRDA chief J Hari Narayan had misused his discretionary powers to favour Reliance General Insurance Company, which has admitted that the extra amount collected by it way of premium was not Rs 1.07 crore, as originally believed, but 20 times as much, report Paranjoy Guha Thakurta and Pranati B Mehra.
'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and prosperity.' A revealing excerpt from Rup Narayan Das's Hong Kong Conundrum: Pangs of Transition.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
TheWhat led to Pakistan not taking advantage of India's difficulty is the hold that the US has over the Pakistani ruling elite, observes Colonel Anil A Athale (retd).
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
As China begins rejuvenation of its military power, there is an urgent need for transformation of the Indian military, says Lieutenant General Anil Chait (retd).
The 21-year-old left-hander has gained 21 slots and reached 17th place, the joint-highest by a specialist India wicketkeeper along with Farokh Engineer, who did so in January 1973.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
Priya Nair finds out how investors of mutual funds, shares, unclaimed bank deposits, insurance policies can redeem long-forgotten investments.
Here's how NRIs can protect their overseas earnings from exchange rate risk.
In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.
A united Opposition in the Lok Sabha on Thursday pitched for referring the triple talaq bill to a 'joint select committee' of Parliament, claiming its provisions were unconstitutional.
A summary of sports events and persons who made news on Thursday.
'Investigation directorates have intensified actions in detecting serious irregularities.' 'They are seriously handicapped because of non-availability of manpower.'
Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabad besides the national capital.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
Keep at least one family member in the know of all your investments
The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
The government can seek details from sellers such as sources of funds while buying.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
Real estate sector cheers reforms in the Budget.
The government chose moral persuasion to make people give up subsidies, notes Rahul Khullar.
'When the forensics have collapsed, approver is clearly proved to be a liar from the beginning to the end... Does the prosecution genuinely believe that we ought to remain in judicial custody despite showing that their own story is not being corroborated by evidence, for another 192 witnesses?'
News of all that's transpired on and off the football field
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
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While there are no definitive statistics available, the Tirupati Trust Foundation has well over 1,000 tonnes of gold.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
The Supreme Court needs to step in and order an independent inquiry into the whole IPL scandal, conflicts of interest between office-holders of the BCCI, team-owners of the IPL and even members and captain of the Indian team, says KC Singh
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.
'In the first meeting of this new year, we took a joint new year resolution that we will complete it this year. At the time things were not very clear, but the mood was clear that yes, we must resolve it.' 'Yes, details have to come out, but there are some sensitivities, there are some stake-holders not yet on board, especially other Naga undergrounds etc, we would like them to come on board... So at a proper time it has to be revealed to the country, and to the legislature. Perhaps, we may have to wait for some more time.' 'With better understanding of the Indian system, many of them have learnt, realised, appreciated that Naga nationalist aspirations can be accommodated in the Indian system. The Indian system is pretty comprehensive and flexible.' 'A Naga has as much stake, claim over India as any other Indian. There is no distinction. This, Nagas have realised, that yes, Naga nationalist aspirations and Indian nationalism are not mutually exclusive.' Ravindra Narayan Ravi, the Government of India's Special Interlocutor for the Naga talks, explains how the Naga Peace Accord was reached in an exclusive interview to Saisuresh Sivaswamy/Rediff.com
'Kejriwal has taken a leaf out of Modi's campaign of 2014 and improved upon it.' 'That suit will haunt Modi till he exits politics.' 'Of all the factors that favoured Kejriwal, the biggest was the arrogance and over-confidence of the Modi-Shah led BJP.' 'What the Congress could not do in the last two decades in Gujarat, Kejriwal did it in no time in Delhi.' 'The BJP has behaved exactly like the Congress in decoding Kejriwal's politics.'
An Olympic campaign saved by the fortitude of three women, a cricket team that rediscovered itself under a bold and zealous Virat Kohli -- Indian sports in 2016 was a dramatic mix of highs and lows wherein athletes mostly raised the bar but administrators found new ways to embarrass the country.
