The India delegation flagged concerns over the possible implication of the Taliban's capture of power for the security situation in Jammu and Kashmir as there are apprehensions about spill-over of terrorist activities from Afghanistan to the union territory, the sources said.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.
Two issues dog the sale of the national carrier. One is the $2 billion bank guarantee the winning bidder will need to furnish. The other is the nearly 5000 lawsuits filed against Air India, many of them overseas. Anjuli Bhargava reports.
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'
Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."
The finance ministry has put out an advertisement seeking applications from eligible candidates for the post and gave just two weeks against the usual practice of three months. Further, the tenure of the watchdog is again being extended to five years.
After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.
'In a gang, the person who controls the finances is the most important key person.' 'Cut the finances of a gang and it will vanish.'
"We keep hearing that Pakistan is a 'victim of terrorism'. This is the country which is an arsonist disguising itself as a fire-fighter. Pakistan nurtures terrorists in their backyard in the hope that they will only harm their neighbours," India's first secretary Sneha Dubey said in the UN General Assembly on Friday.
To write a criticism of the finance minister's performance without having included the PM's role is deliberate. It is not difficult to see why Jaitley interpreted it as being Sinha's way of sucking up to Modi.
Jaitley will be cremated on Sunday afternoon at the Nigambodh Ghat, BJP leader Sudhanshu Mittal said.
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
'Raut saheb has mentally wired himself to spend some time in ED custody.' 'He knows the risk is huge, but rewards will be bigger if he comes out unscathed.'
The minister, while replying to the debate on Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, was responding to various issues raised by the Congress and other Opposition parties about the PM CARES Fund.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
How will the RBI announcement on loan moratorium work for those with home loans, auto loans, personal loans, consumer durables loan? Here's what experts have to say.
As a member of his Cabinet, the former finance minister would give valuable inputs because of his knowledge of parliamentary and government history, Modi said, adding that he will always miss his presence and called him an "encyclopedia".
Political temperatures were soaring in several states that could see close contests, with parties trying to keep their flock together and trading accusations of poaching of MLAs.
National Security Advisor Ajit Doval has pitched for an 'action plan' against Pakistan-based terror groups Lashkar-e-Tayiba and Jaish-e-Mohammed under the framework of eight-nation grouping Shanghai Cooperation Organisation (SCO) and called for expeditiously bringing the perpetrators of terror attacks to justice.
Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.
If you are scouting for a property, finalise the deal within the next seven months and benefit from this measure, suggests Bindisha Sarang.
It is just a question of providing an additional facility to the taxpayer that if he is not quoting PAN and only has Aadhaar, his filing and processes do not get affected, said CBDT chief.
The government said that the panel has recommended that family income is a "feasible criterion" for defining EWS and in the current situation, a threshold of Rs 8 lakh of annual family income seems reasonable for determining EWS.
The net collections for Corporate Income Tax (CIT) showed a growth of 19.2 per cent and Personal Income Tax (PIT) at 18.6 per cent.
The Union law ministry will file a consolidated reply on the issue in the apex court by the end of this month.
Only a few thousand chargers dot the Indian landscape, some in working condition, others not, with some held hostage to the power supply vagaries of local utilities, reports S Dinakar.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
'What happened was that over a period of time, the data analytics showed that many were claiming it and that it was being misused'
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods sold exceeds Rs 50 lakh in a financial year.
Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
Eshwarappa, a senior Bharatiya Janata Party leader from Shivamogga and who had been a long time associate of Yediyurappa, met Governor Vajubhai Vala and submitted a five-page letter on "serious lapses and authoritarian way of running the administration" by the chief minister.
A bench headed by Chief Justice Ranjan Gogoi asked the parties to furnish 'forthwith' the details of electoral bonds received by a political party till date.
