Penalty for unapproved policy changes allegedly reduced from Rs 17,500 crore to Rs 20 lakh
Music composer-singer Bappi Lahiri offers a sneak peek into what to expect in his US concerts this month.
Fifty years ago, India and Pakistan fought a short but bloody war. The author finds out how Sainik Samachar, the defence ministry's journal, reported it.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
'Modi's investment in the relationship with Washington is the biggest deliverable of this visit. He means business and that's fantastic!'
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.