In more trouble for Finnish mobile firm Nokia, whose immovable assets were attached in an alleged tax evasion case recently, the Income Tax department is set to issue fresh demand notices for payment of taxes to the tune of Rs 1,000 crore (Rs 10 billion).
A travel insurance plan can help protect your dream holiday from turning into a nightmare.
Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
In yet another step to attract foreign money, the Reserve Bank of India (RBI) has allowed non-resident investors to acquire shares of listed Indian companies through stock exchanges under the foreign direct investment (FDI) scheme.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
What was the fraud? Why did Sebi drag its feet on the order? What options does RIL have now? Samie Modak explains these and more.
In a rare public admission of Pakistani links to militancy in China's Muslim-majority Xinjiang province, the official media in Beijing said the co-founder of the Al Qaeda linked East Turkestan Islamic Movement was indoctrinated in a madarasa in that country.
2013 foreign currency non-resident deposits to mature in Sep-Nov
'That the commandments to officialdom were issued by a BJP functionary and not a minister is a reflection of the Yogi government's work style.'
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Tamil Nadu Chief Minister Jayalalithaa on Sunday requested Prime Minister Manmohan Singh to facilitate a dialogue between fishermen associations in the state and Sri Lanka in Chennai in December following frequent attacks and arrests of fishermen by naval personnel of the island nation.
Protectionism and a rollback of regulation. Defusion of tensions with Russia and a lowering of geo-political risks. Looser fiscal policy and tighter monetary policy. At least Donald Trump can't be faulted for not trying something different where existing policies have disappointed, says T T Ram Mohan.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
The new executive order, which will come into force on March 16, covers people from Sudan, Syria, Iran, Libya, Somalia, and Yemen.
Bert Trautmann, a former German Prisoner of War who became a footballer in England and famously broke his neck playing in goal for Manchester City in the 1956 FA Cup final, died on Friday at the age of 89.
Modi is likely to seek support of Switzerland and Mexico for India's membership of the 48-member Nuclear Suppliers Group as both these countries are key members of the elite group. The issue is likely to figure during Modi's meeting with Obama in Washington.
'We rarely choose to fight when the threat is still a nascent threat. When we do fight, we fight when the invaders reach Panipat and are preparing to knock on the gates of Delhi.'
Though it would be wonderful for Indians to have the Kohinoor and Peacock Throne displayed in all its glory at the Red Fort, it seems unlikely that the British will part with the Kohinoor in a hurry.
Gujarat was among the earliest civilisations in the sub-continent, dating back four millennia.
The Income Tax department has informed the Delhi High Court that Nokia India and Nokia Corporation owe it Rs 21,153 crore (Rs 211.53 billion) as total tax liability (existing and anticipated), including penalty during a seven-year period from 2006-2013.
Three Indian Air Force officers captured as Prisoners of War by Pakistan during the '71 War made a daring escape from a Rawalpindi jail. M P Anil Kumar recounts that heroic story.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
'Cultural property crimes have been linked, by the United Nations and others, to terrorism.' 'These links show the perpetrators to be associated with major criminal and terrorist networks like ISIS.
Congress charged the entire BJP and the government with "aiding and abetting" Lalit Modi, a fugitive.
Launches of new homes reduced drastically this year.
The developments in Af-Pak region, particularly the fall out of Pak political paralysis, would make President Xi Jinping's task a little more complicated, says Colonel R Hariharan.
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
'India should stop claiming that a united Pakistan is in India's interests.' 'Pakistan's break-up is a necessity for peace and progress in the region,' says Major General Mrinal Suman (retd).
The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.
Govt keen to revive business sentiment in india.
In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels.
Around 40% of India Inc feels that Modi govt's biggest weakness in the last 6 months has been its slow pace of economic reforms.
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
'The boy has remained so simple. Still wearing that sweater and light pants. He doesn't even have a decent pair of shoes! So much like one of us! How can we not give him another chance?' 'And what is Modi Sir doing? He changes clothes three times a day and wears designer clothes. He isn't the son of a simple chaiwallah we voted for.'
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Amidst outrage expressed by members in Parliament, India on Wednesday asserted that it will intervene "effectively and specifically" to ensure the return and restoration of dignity of its Deputy Consul General in New York who has been arrested on charges of visa rules violation.
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
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