Markets regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told Lok Sabha on Monday. Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds, that have invested most of their money in Adani Group firms, were frozen in 2016 over the issuance of Global Depository Receipt (GDR) by certain listed firms. No freeze was ordered for their holding in other firms.
The guidelines released on Friday come into force from January 11 and will remain effective till further government orders.
A summary of Indian athletes' performance on Wednesday, Day 6 of the Commonwealth Games in Birmingham.
The medical equipment and other supplies were brought to Delhi in a C-5M Super Galaxy, one of the largest strategic airlift aircraft of the US Air Force.
These seven countries are South Africa, Bangladesh, Botswana, China, Mauritius, New Zealand and Zimbabwe.
The inflows came higher in March than in February of 2019-20 despite the lockdown for a week, reports Indivjal Dhasmana.
The price? If you can scrape together Rs 18 crore (Rs 180 million), you could commandeer a two-bedroom Foster + Partners-designed casa with a private pool, a quite extraordinary roof, some spectacular views, and the glamour and privacy that comes with the high life.
Paytm's Rs 18,300-crore IPO -- India's largest public issue to date -- was subscribed only 18 per cent on the first day of bidding on Monday.
The Department of International Relations and Cooperation (DIRCO) in a statement urged world leaders not to implement 'knee-jerk' policy decisions in response to the detection of the Omicron variant.
The aid to Nepal increased substantially from Rs 650 crore in 2018-19 to Rs 1,050 crore in 2019-20.
In April last year, tax authorities had questioned Deepak Kochhar over a Rs 405-crore investment by Accion Diversified Strategies Fund through its Mauritius subsidiary, DH Renewables Holding
Travellers from these 99 countries, including the United States, the United Kingdom, France, Germany, Australia, the Netherlands and Russia, which have been listed under 'Category A', have to submit a self-declaration form on the Air Suvidha portal (newdelhiairport.in) before the scheduled travel, apart from uploading a negative COVID-19 RT-PCR report, according to the revised Guidelines for International Arrivals released by the Union health ministry on November 11.
The New Delhi district authorities on Monday issued a show-cause notice to Etihad Airways for allegedly violating the Centre's guidelines for international passenger arrivals at the IGI airport here, amid concerns over the Omicron variant of coronavirus.
In a tweet, Prime Minister Narendra Modi said India is deeply honoured to be a 'long-trusted' partner in meeting the healthcare needs of the global community and that supplies of the vaccines to several countries will commence on Wednesday, and more will follow in the days ahead.
The ministry of civil aviation on Wednesday said only two per cent of the passengers coming from countries that are not in the 'at-risk' list will be subject to random sampling for coronavirus and such passengers will be permitted to leave the airport after giving the samples.
The UK on Saturday detected two cases of the new COVID-19 variant, Omicron, according to health secretary Sajid Javid as he added four more African countries to Britain's travel red list.
The Centre had on Thursday asked all states and union territories to conduct rigorous screening and testing of all international travellers coming from or transiting through South Africa, Hong Kong and Botswana, where the B.1.1.529 variant has been detected.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.
Prime Minister Narendra Modi on Thursday visited the Ganga Talao, considered to be the most sacred Hindu place in Mauritius, and offered prayers at the temple dedicated to Lord Shiva.
A significant 69% respondents indicated keen interest to travel in 2021 post ease in restrictions with 18% ready to travel immediately post unlock and 51% within 3-6 months.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
Eight new cases of the Omicron variant of coronavirus were reported in Maharashtra -- seven of them in Mumbai -- and none of the patients had a history of international travel, the state health department said on Tuesday.
India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday. The State of Tax Justice report said globally countries are losing a total of over $427 billion in taxes each year to international corporate tax abuse and private tax evasion. This is costing countries altogether the equivalent of nearly 34 million nurses' annual salaries every year -- or one nurse's annual salary every second.
They include a woman who came from Nigeria along with her two daughters to meet her brother in adjoining Pimpri Chinchwad area, the official said.
Prime Minister Anerood Jugnauth has termed the issue as an aberration in the "very special" ties with India and hoped that revision of their tax treaty won't harm its interests.
Union health secretary Rajesh Bhushan held a review meeting with states and Union Territories on Tuesday and advised them to ramp up testing for early identification and management of cases.
India invited leaders of the BIMSTEC countries as well as Kyrgyz President Jeenbekov, the current chair of the Shanghai Cooperation Organisation, and Mauritius PM Jugnauth for the Modi's swearing-in.
The actor looks breathtakingly beautiful on the magazine cover.
'Cyrus was always very different. He would think before acting.'
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The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's image as an investment destination. The company, which is now known as Capricorn Energy PLC, in a statement said it has received "net proceeds of $1.06 billion", of which nearly 70 per cent will be returned to the shareholders. The tax department had used a 2012 legislation, which gave it powers to go back 50 years and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India, to seek Rs 10,247 crore in taxes from Cairn.
The combativeness reflects her insistence not to meekly acquiesce to what has been going on in Raisina Hill for years or decades, observes Kartikeya Tanna.
'Very thankful to #IndianNavy & all who rescued me,' Tomy was quoted as saying in the Indian Navy spokesman's tweet.
Besides higher tax outgo, P-note issuers are worried about operational difficulties
The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said.
Mu -- also known by its scientific name as B.1.621 -- was first identified in Colombia in January 2021, and since then, there have been 'sporadic reports' of cases and some larger outbreaks in South America and Europe, the United Nations health agency said in its weekly bulletin on the pandemic on Tuesday.
When a person gets an infection even after being vaccinated against it, it is called a breakthrough case.
Intensifying its efforts, the Indian Navy has deployed nine warships to bring liquid oxygen and other medical supplies from several countries in Persian Gulf and south-east Asia as hospitals across India continued to reel under acute shortage of the life-saving gas following a massive surge in COVID-19 cases.
A new variant of SARS-CoV-2, the virus which cause COVID-19, has been detected in South Africa and many other countries globally which could be more transmissible and evade protection provided by vaccines, according to study.
The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
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