In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.
'I am ashamed that you and I were born into the same faith -- because we are nothing alike. My religion is humanity. The Islam I know teaches me to protect the innocent. Yours celebrates slaughter, you #&$#@#. 'My Islam teaches me to serve my nation. Yours tells you to tear it apart,' writes Major Dr Mohommed Ali Shah (retd).
While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
Sanjiv Puri, chairman and managing director of ITC, is looking to expand the conglomerate's play outside India by taking "strategic positions" in markets close to home in the non-cigarette fast-moving consumer goods (FMCG) and hospitality businesses. In a recent conversation with Business Standard, Puri revealed that ITC is setting sights beyond India's borders. "We already export to 100-odd countries. We want to scale that up and take some strategic positions in markets close to us," he said.
It involves India spending an estimated Rs 40,000 crores to Rs 50,000 crores and will take 10 to 15 years to develop.
The Central Bureau of Investigation (CBI) has sent a judicial request to the United States seeking information from private investigator Michael Hershman, who has claimed to possess crucial details about the Rs 64-crore Bofors bribery scandal of the 1980s. Hershman, the head of the Fairfax Group, had previously expressed his willingness to share information with Indian agencies, alleging that the investigation into the scam was derailed by the then Congress government. The CBI's request comes after previous attempts to obtain information from US authorities yielded no results. This move highlights the continued efforts to uncover the truth behind the decades-old scandal, which has had a significant impact on Indian politics.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'I've always wanted to play in a league outside India, and I believe I've chosen the best one. The quality of cricket and the support from the crowds here are amazing.'
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.
The Assam Cabinet on Sunday had decided not to register any case against the Congress MP or his British spouse, who the BJP has accused of having ISI links, but instructed the DGP to file an FIR against Pakistani national Ali Tauqeer Sheikh.
'The more number of times you reach the playoffs, the probability of winning the championship is quite near.'
Shubman Gill has gone past the 50-run mark just once in his last 11 innings, failing in three successive series -- against Bangladesh, New Zealand and Australia.
The Enforcement Directorate (ED) is investigating a complex network of agents and facilitators in India, Canada, and the US who assist Indians in illegally entering the US through fraudulent admissions to Canadian colleges. Over 8,500 financial transactions are under scrutiny by the ED in a case related to money laundering, stemming from a 2023 Gujarat Police crime branch FIR. The investigation includes international financial companies involved in remittances abroad, with the ED conducting 35 searches in the past year and seizing assets worth Rs 92 lakh. The issue has gained significant attention following the deportation of 104 Indians from the US on Wednesday. The investigation is linked to the tragic death of an Indian family in January 2022, who perished while attempting to cross the Canada-US border illegally. The ED has identified a network of agents and facilitators who manage and facilitate the stay, transportation, visa arrangements, and legal matters of illegal immigrants who gained admission to Canadian colleges through fraudulent means. The investigation has revealed that the fees paid to Canadian colleges were remitted back to individuals' accounts, with around 8,500 transactions identified between September 2021 and August 2024. The ED suspects that approximately 370 individuals have entered the US using this illegal immigration scheme. The agency has recorded statements from parents and guardians of students enrolled in Canadian colleges and continues its investigation.
'We know Dinesh Karthik will be here this year which is fantastic and it's great for the tournament.'
Prime Minister Narendra Modi on Thursday said some forces in and outside India are trying to destabilise the country and spread anarchy to create a negative image of the nation in the world.
The Enforcement Directorate (ED) is investigating the involvement of Canadian colleges and Indian entities in a money laundering case linked to the trafficking of Indians into the US from the borders of Canada. The probe stems from the death of an Indian family who died trying to illegally cross the Canada-US border in January 2022. The ED has alleged that accused individuals arranged admissions for Indians in Canadian colleges, but the students never joined the institutions after obtaining student visas. The ED has conducted searches at multiple locations in India and found that two entities were involved in facilitating admissions for Indians in foreign universities on a commission basis. The agency suspects that several Canadian colleges near the Canada-US border are involved in the trafficking racket.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
Anirudha Srikkanth heaped praise on talisman batter Virat Kohli's captaincy and said that he was the reason why India could win Tests outside home soil.
Sarfaraz Khan was spotted leaving the training session early after being hit on his elbow at the nets practice on Thursday.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
Star all-rounder Ravindra Jadeja has called for an improved performance from India's batting unit in the Boxing Day Test in Melbourne, saying the lack of runs from the top-order builds pressure on the lower-order.
rediffGURU Radheshyam Zanwar counsels students about how to pursue a career in science, medicine and technology.
The India-US nuclear deal was aimed at ending India's nuclear isolation and nuclear apartheid, recalls Rup Narayan Das.
The state is in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.
The sources claimed that one of those arrested is believed to be Arsh Dalla, who is associated with the banned Khalistan Tiger Force and ran terror modules on behalf of Hardeep Singh Nijjar, a designated terrorist who was killed in June last year.
Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her. The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.
This was the second incident of desecration at a BAPS temple in less than a month in the US amidst the growing trend of temple vandalism as part of a systematic hate crime against the Hindu community in the country.
Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
'Any earnings, regardless of location, will be subject to Indian income tax.'
Before the IPL Auction 2025, Rediff.com delves into the top 10 most expensive players in IPL history, exploring their impact on the game and the factors that have made them so valuable.
This was the second incident of desecration at a BAPS temple in less than a month in the US amidst the growing trend of temple vandalism as part of a systematic hate crime against the Hindu community in the country.
The AAP hailed a Delhi court granting bail to Satyendar Jain describing the decision as a victory of truth and the defeat of another BJP "conspiracy".
Star Bangladesh all-rounder Shakib Al Hasan on Thursday admitted that travelling to India is the toughest Test assignment and pitches don't make much difference due to the sheer quality of the hosts.
The Leader of Opposition assured the parents of raising the issue in Parliament.
'In India, dating is a very personal thing.' 'If someone wants to go out on a date, s/he would prefer not to keep their manager in the loop.'
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
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