India's trade with the Gulf-Arab region stands at $180 billion. India needs the Gulf region more in terms of trade, investments and employment than the other way round. When it comes to faith, the Gulf-Arab nations have not been found wanting at any point in time, points out N Sathiya Moorthy.
Unfazed by the Supreme Court upholding winding up of the company, shareholders of Devas Multimedia will continue to seek seizure of Indian government assets abroad to collect $1.2 billion the firm has been awarded by arbitration tribunals for cancellation of a satellite deal but are open for talks to settle the issue, their counsel said. "The decision by the Supreme Court does not change anything. The Modi government and the Indian courts cannot rewrite the facts. "Their flimsy allegations of fraud will never stand up in courts outside of India," said Matthew D McGill, partner at Gibson, Dunn & Crutcher, and lead counsel for several Devas' shareholders.
The prime suspect in the Mumbai double murder case of well-known painter Hema Upadhaya and her lawyer was today detained by Uttar Pradesh Special Task Force in Varanasi.
Holding placards, the protesters raised slogans against the new government's proposal to shift the Metro-3 car shed project back to Mumbai's Aarey forest, an 1,800-acre area that is often termed as the megalopolis's 'green lung'.
A 5-judge Constitution Bench headed by Chief Justice Ranjan Gogoi, in its historic verdict delivered on a court holiday, held that the lawsuit of the deity was "within the period of limitation" and granted the title decree in its favour.
Janata Dal-United president Rajiv Ranjan Singh alias Lalan on Saturday alleged that political strategist-turned-politician Prashant Kishor was 'working for' the Bharatiya Janata Party, as part of its 'conspiracies' to find a firm foothold in Bihar.
The National Commission ruled that a person must opt for a policy and submit the proposal form after acquainting himself with the terms and scope of coverage to determine where it would be suitable and adequate.
Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. As part of the settlement reached with the government to the seven-year old dispute over levy of back taxes, the company - which is now known as Capricorn Energy PLC - has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award which had overturned levy of Rs 10,247 crore retrospective taxes and ordered India to refund the money already collected. Two sources with direct knowledge of the matter said Cairn on November 26 withdrew the lawsuit it had brought in Mauritius for recognition of the arbitration award and took similar measures in courts in Singapore, the UK and Canada.
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
Sanjay Mishra is the saving grace of Subhash Ghai's forgettable comedy-thriller, 36 Farmhouse, observes Namrata Thakker.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
A Delhi court will commence trial from March 28 against 21 accused, including sacked Uttarakhand minorities panel chief Sukhdev Singh Namdhari, in the shootoutcase involving liquor baron Ponty Chadha and his younger brother Hardeep at a farmhouse in 2012.
The government on Friday extended he deadlines for various income tax compliances and said the amount paid by an employer to employees for Covid-19 treatment would be tax exempt.
Shivling claim is an attempt to create communal disharmony, The All-India Muslim Personal Law Board said.
The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets, suggests Harsh Roongta.
In January last year, the US signed the first phase of the trade deal with China, which former President Donald Trump described as historic, concluding more than a year of tough negotiations including several months of suspension of talks between the two largest economies of the world.
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed. And so it is refusing to shell out to Cairn; and, as a consequence, has brought on the Paris humiliation, notes Mihir S Sharma.
'The burden of proof is on Muslim parties to show that this finding, that the mosque was built on land held sacred by Hindus, is wrong'
Nothing would please our adversaries if the court verdict sees triumphalism on the part of the majority and sullen anger of the minority, says Colonel Anil A Athale (retd).
The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-owned Devas Multimedia a fraud, to counter seizure of its properties, Finance Minister Nirmala Sitharaman said on Tuesday as she launched a blistering attack on the Congress for handing over airwaves used by the defence to the private firm for pittance. "It is a fraud of Congress, by Congress (and) for Congress," the minister told reporters as she read out paragraphs from the Supreme Court's January 17 decision allowing winding up of Devas Multimedia because of the fraud.
The Supreme Court on Wednesday refused to entertain the bail plea of sacked Uttarakhand minorities panel chief Sukhdev Singh Namdhari, accused in a 2012 shootout in New Delhi that killed liquor baron Ponty Chadha and his brother Hardeep, saying charges against him were "grave".
District Judge AK Vishvesha turned down the Hindu petitioners' plea seeking scientific investigation and carbon dating of the 'shivling', citing Supreme Court directives for its safe keeping so that no tampering can be done.
The auction of the flat at the posh Goriaghat locality, acquired by the department for illegal undervaluation in 1992, was sold for Rs 1.43 crore (Rs 14.3 million), sources said.
If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of "putting the clock back" and "unscrambling a scrambled egg".
In a fresh plea on Tuesday, the Centre said it had acquired 67 acres of land including the 2.77 acre disputed Ram Janambhoomi-Babri Masjid site and sought permission of the top court to return the excess land to its original owners.
Atique Ahmed is one of the most feared dons of Uttar Pradesh today. There was another don who preceded Atique and had he survived, Atique wouldn't have been around today, recalls Sudhir Bisht.
China has been an aggressor against India along the Himalayan border, a top American diplomat nominated by President Joe Biden as his next envoy to Beijing has told lawmakers, stating that the US must hold the Chinese government accountable for failing to play by the rules.
The plea, filed by advocates Shishir Chaturvedi and Karunesh Kumar Shukla, said that apart from private individuals and members of state Sunni Board, the presence of central and state government representatives was essential to ensure proper management of the funds.
The submission was vehemently opposed by senior advocate C S Vaidyanathan, representing deity 'Ram Lalla', who said: "This is totally unwarranted".
Despite Sharad Pawar's categorical stand, the Maharashtra government has done nothing to ease the suffering of the Bhima Koregaon 16, who have been denied their basic rights to health and to communication with their families while in jail.
His appeal came when certain organisations of the neighbouring Barak Valley region of Assam observed a 12-hour bandh on Wednesday and have been staging an economic blockade on the National Highway-306 that connects Mizoram with the rest of the country since July 26, disrupting transportation of goods to the state.
'The decision by this Hon'ble Court, whichever way it goes, will impact future generations.'
In a fresh twist in the fight to gain supremacy in the Indian retail market, billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously. In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. Last month, Reliance Retail had taken over store spaces for which the Future Group couldn't pay lease rent. These were then sub-let to the Future Group for operation.
India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.
A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute. The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.
The latest incident took place on Saturday night near a hostel where she resides.
A five-judge Constitution Bench headed by Chief Justice Ranjan Gogoi said that even if one per cent chance of mediation exists in the politically sensitive land dispute matter, it should be done.
Ranaut's lawyer Rizwan Siddiqui claimed that the BMC had damaged the property, leading to water and electricity connections getting disrupted.
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