Trump said that his proposal should be supported by both parties (Republican and Democratic) as a fair compromise -- one where nobody gets everything they want, but where the country gets the critical reforms it needs.
'I am indirectly related to VG Siddhartha. Excellent human and brilliant entrepreneur. I am devastated with the contents of his letter,' Mallya said on Twitter.
The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on June 4.
ED has submitted a chart of total $60.54 million received by the firms directly or indirectly owned by Talwar between April 23, 2008 to February 6, 2009.
'If anything, he is a fiscal hawk.' 'He has avoided fiscal profligacy completely for the past four years.' 'The fiscal deficits since 2014 are clear proof of this.' 'The point is not that it is not 3 per cent yet; it is that it is not 6, 7 or 8 per cent, which it could easily have been.' 'For this he needs to be congratulated.' 'He has recognised it no longer pays to spend other people's money to win elections,' points out T C A Srinivasa-Raghavan.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Sahara group confirmed the development but expressed ignorance as to why this action was being taken against it.
Nirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating the PNB, the country's second largest lender, to the tune of more than $2 billion.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
The corporate sector on Thursday was unanimous in asking the government to go back to the drawing board regarding the fringe benefit tax on the grounds that the present tax, if enforced, would increase bureaucratic interference, paper work, rent seek
This is for the first time that Vadra's associates have been linked to alleged commissions received in defence deals by the ED.
The Bill could be referred to the Parliamentary Committee for scrutiny
Rajya Sabha MP and Lalu Prasad Yadav's daughter, along with her husband Shailesh Kumar, are alleged to have entered into benami deals for purchase of a farm house in Delhi.
Officials said the three were arrested on Monday under provisions of the Prevention of Money Laundering Act after they were called for questioning by the ED in Chennai.
Raj Kundra's stake in the franchise is legally questionable. The Income Tax department and Enforcement Directorate the two agencies investigating the Indian Premier League franchisees -- have come across a web of transactions that violated FIPB and RBI guidelines.
Official sources said on Wednesday, that the "source probe" commenced after a controversy broke out this week over the share holding patterns of the a consortium led by Rendezvous which bagged IPL's Kochi franchise. The probe is only to determine the source of funds though there is no specific input that fuelled suspicions, the sources said.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.
Stud farm owner Hasan Ali Khan, accused of massive money laundering and tax evasion, was late on Monday night arrested by the Enforcement Directorate which carried out multi-city searches at his Pune home and his associates' premises, cracking the whip to meet Tuesday's Supreme Court deadline.
The Enforcement Directorate has issued a 'Look Out Circular' against Pune-based stud farm owner Hasan Ali Khan, accused of stashing black money abroad, to prevent his escape from the country.
The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, they said.
The SIT was created by Supreme Court and notified by the government last year to curb black money.
... if high oil prices persist or stock prices correct sharply.
Winning against Covid means thinking ahead, at least six months, putting in place the likely scenarios of what might happen, and then planning. Planning is the role of the government. Having planned, it should communicate what and why. Then, get out of the way, recommends Naushad Forbes.
Prime Minister Narendra Modi hailed as "historic" the jump.
'Tell me, one BJP policy that Mamata has opposed and is fighting tooth and nail?' Be it Article 370, instant triple talaq, be it CAA/NRC/NPR, be it notebandi, FDI, she has aligned with the BJP.'
The country's ranking had jumped from 142nd spot last year.
Explore the map to see and compare different countries' Doing Business Index in 2015.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
The prime minister is aware that whatever be its consequences, a new taxation regime cannot be launched closer to the general elections in 2019. Thus, any date after April 2017 for the launch of GST is risky, says A K Bhattacharya.
Even as the Income Tax department is probing the financial dealings of the money-spinning Indian Premier League, the Enforcement Directorate (ED) will look into the alleged murky international deals of the Twenty20 tournament. Official sources said the Mumbai wing of the ED had conducted a discreet inquiry into the finances of Rajasthan Royals in 2008 and had prepared a report of alleged Foreign Exchange Management Act (FEMA) violations.
Lalu also said that Bihar Chief Minister Nitish Kumar has committed political suicide by joining hands with the BJP.
The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.
Rashtriya Janata Dal chief Lalu Prasad on Monday declined to comment on the ongoing probe into the alleged hawala transactions and investments involving former Jharkhand chief minister Madhu Koda. "I will not comment as the topmost investigating agencies, the Enforcement Directorate and the Income Tax Department, are conducting their probe. The media should not be a police officer nor is it competent (to reach conclusions)," Prasad told reporters.
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.
Former Jharkhand Chief Minister Madhu Koda, against whom the Enforcement Directorate and the Income Tax Department are investigating money laundering charges, will not be discharged from hospital on Saturday, as he has an upset stomach. Koda got himself admitted to the hospital on complaints of stomach pain on November 3, after the launch of Income Tax raids on his residence in connection with alleged hawala transactions and illegal investments, amounting to Rs 2000 crore.
