On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.
Says action taken following Supreme Court order, not because of government decision
Acting on a Central Bureau of Investigation's plea, a special CBI court has issued judicial requests to four countries seeking details of the money trail in the Aircel-Maxis deal, in which former telecom minister Dayanidhi Maran is an accused. The Letters Rogatory to the United Kingdom, Bermuda, Malaysia and Mauritius were issued by a Patiala House court last week in the case. The CBI has alleged that Maran had received Rs 547 crore as kickbacks.
Confusion over India's new tax rules, slow rate cuts, and a weakening rupee could create a stock-picking environment.
'People should stop judging other people on the basis of their weight or how they look because I don't think being a certain body type is as bad as being evil or cunning. We have bigger issues in life to look after and correct.' Zareen Khan and Gautam Rode get intimate in Aksar 2.
'I'd rather do a great role in any language than do mediocre stuff in Hindi.'
As China tries to gain a foothold in the Indian Ocean region, Prime Minister Narendra Modi on Thursday said India recognised that there are other nations around the world, with strong interests and stakes in the region.
India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.
The rupee slid as low as 53.84 per dollar, the weakest since December 15, lifting the cost of imported oil, fueling inflation and reduce scope to cut interest rates.
In a filing to the BSE, Maruti Suzuki India said HSBC Global Investments Fund Mauritius Ltd had sold 1,99,198 shares in the open market on June 29.
Short trips can be made to interesting places at 15-20 per cent lower prices.
The five-day exercise will see the participation of Seychelles and Mauritius for the first time in the event where nine countries, including India, will field their warships, Navy officials said in New Delhi.
Acquisition is expected to be completed by mid-December.
The top posts on social media from your favourite Bollywood celebrities.
Agneepath, Hum and Khuda Gawah are a testament to the Bachchan-Mukul Anand actor-director chemistry. Of the three, Hum is a natural crowd-pleaser, says Sukanya Verma.
There is much more that the government can do to track money hidden abroad.
She said during Question Hour in Rajya Sabha that Bharatiya Janata Party got a massive mandate on the basis of its election manifesto which opposes FDI in multi-brand retail.
UK-based travel services provider Thomas Cook Group plc will sell for Rs 817.4 crore (Rs 8.17 billion) its entire 77 per cent holding in the Indian arm to Fairbridge Capital (Mauritius) Ltd, a subsidiary of Fairfax Financial Holdings.
The Central Bureau of Investigation had called Karti for questioning on Thursday in connection with the foreign investment clearance given in the Aircel-Maxis deal in 2006 when his father Chidambaram was the finance minister.
Karti, through his lawyer, has refused to appear before the agency saying a special court had discharged all the accused in the matter.
Day 1 witnessed a lot of action across events at Gold Coast. Here are some highlights -- in pictures -- from the opening day's events...
The noose around the neck of mining baron and former Karnataka minister Gali Janardhan Reddy appears to be getting tighter with the Central Bureau of Investigation now deciding to probe the foreign funds that he has reportedly parked in tax havens abroad.
MAT has damaged investor confidence
Leverdez, the world number 31, scored only his second win over Lee in nine matches and said playing without fear helped him in the 75-minute contest at the Emirates Arena.
The Foreign Investment Promotion Board (FIPB) has rejected a proposal by Mauritius-based Axiata Investments 2 India Ltd, part of Asian telecom giant Axiata Group, to increase its stake in Idea Cellular by acquiring shares from the stock exchange.
The investment to the country from India, which has been at the top of the 2009-10 list of the destinations to which Indian investment is flowing, was $3798.5 million.
Australia's skipper Meg Lanning bagged the 'Leadership Legend' award. She led her side successfully in all formats of the game.
Golfer Siddikur Rahman has become Bangladesh's first athlete to qualify for Olympics after finishing 56th in the final eligibility rankings for the Rio Games.
"Opposition parties hoping that I would quit would be disappointed," Yeddyurappa told media persons at the Bangalore Airport, on arrival from Mauritius, where he was on a six-day holiday with his family
Owing to the soon-to-be released Lokayukta report, political tensions are at an all time high in Karnataka. Leaked portions from the report have suggested that Karnataka Chief Minister B S Yeddyurappa has a mention in that report, which has given the opposition the required ammunition to start firing at him once again.
The Central Bureau of Investigation will soon send a formal request to Switzerland to help the agency in tracking down the alleged money trail of Swan Telecom, a company chargesheeted in the allocation of 2G spectrum.
The debris, found on Pemba Island off the Tanzanian coast, is the latest piece of wreckage to be linked to the Malaysia Airlines jet, whose disappearance remains a mystery.
They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
The Indian Cricket Board has incorporated strict guidelines in their 19-page 'Request For Proposals' (RFP) from interested companies.
The Enforcement Directorate moved a special court in Mumbai on Monday seeking issuance of a non-bailable warrant (NBW) against former Indian Premier League chief Lalit Modi in alleged money laundering case registered against him.
An embattled Karnataka Chief Minister B S Yeddyurappa is expected to return to Bengaluru on Monday from a week-long Mauritius holiday with family amid debate in the party on his future in the wake of Lokayukta's damning indictment on the mining scam.
Just an hour or so from the ones we commonly throng to, they promise a lot more for a lot less.
It's finally out -- here's a first look at India's most exclusive bikini calendar!
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.