In a major development in the fight against black money, multilateral grouping OECD today unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
'We had decided that if the audience liked Stree, then after two or three years we would plan a sequel.' 'Because of the kind of reaction we received for the film we have already started work on it.'
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
Ace investor Rakesh Jhunjhunwala on Thursday picked up one crore shares of Edelweiss Financial Services for an estimated Rs 55 crore through the open market route.
Ace investor Rakesh Jhunjhunwala on Thursday picked up one crore shares of Edelweiss Financial Services for an estimated Rs 55 crore through the open market route.
Overall foreign inflows into the country grew by 8 per cent to $ 24.29 in the last fiscal as against $ 22.42 billion in 2012-13.
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
The S&P BSE Sensex ended 190 points up at 23,382.
President Pranab Mukherjee on Monday night hosted a dinner for visiting South Asian Association for Regional Cooperation leaders and Prime Minister Narendra Modi where the guests were treated to a variety of dishes drawn from various parts of the country.
Gujarati popular dish kela methi nu shaak, mouth-watering chicken chettinad from Tamil Nadu, Punjab's dal makhani and Bengali dish Potol Dorma will be served at a private dinner hosted by President Pranab Mukherjee for visiting foreign dignitaries on Monday.
India is 'patiently' awaiting Pakistan Prime Minister Nawaz Sharif's response to the invitation for swearing in of Narendra Modi as 'short duration bilateral meetings' are being set up with all the other South Asian Association for Regional Cooperation leaders, who have decided to attend the ceremony on May 26.
Even domestic income can be subjected to scrutiny by the taxman.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
The NASSCOM president is accompanied by 25 young entrepreneurs who want to collaborate, connect and co-create a healthy business environment.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
'If all goes well, Modi will visit the Maldives later this year. But two Indian concerns remain unaddressed: President Yameen's intentions about Mohammad Nasheed and China,' says Rajeev Sharma.
The national carrier has started approaching Indian banks and public sector undertakings for disposal of these properties including floorspace in prime locations.
The highest FDI came in services ($2.18 billion), followed by automobiles ($1.28 billion), pharmaceuticals ($1.27 billion) and construction development ($1.05 billion) in the 11 months of 2013-14.
'GST had to come close on the heels of demonetisation as part of the same package.'
The Central Bureau of Investigation on Thursday questioned advocate Gautam Khaitan, former board member of Aeromatrix, in connection with the bribery allegations in the Rs 3600-crore VVIP helicopter deal.
Spanish bank denies credit line to bail Sahara boss.
The Supreme Court on Monday gave conglomerate Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy, who has been held in a New Delhi jail for more than a year. Sahara has made several failed attempts to raise $1.6 billion in bail money. Roy was jailed after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal. The Supreme Court last week gave Sahara, a sprawling conglomerate that ranges from property to Formula One motor racing, a final chance to raise funds in order to bail out Roy. On Monday, the country's top court allowed Sahara to sell part of its Aamby Valley township outside Mumbai, which has luxury villas and a golf course, to raise funds.
The top court last week gave Sahara a final chance to raise funds.
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Enforcement agencies will be empowered to confiscate assets
Prime Minister Narendra Modi's ambitions abroad may run the risk of foundering on constraints at home.
Even as Sebi probed, OFCD money moved across the globe, Aamby Valley (Mauritius) at centre of global transactions; All transactions legal, no Sebi bar on doing business: Sahara
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
India has got cracking into setting up its eyes and ears in the Indian Ocean
Prime Minister Narendra Modi on Tuesday said India attaches "paramount importance" to strengthening relations with countries in the Indian Ocean region, which is vital for its security and progress.
Last June, the group had delisted Essar Energy from the London Stock Exchange as well.
The Securities and Exchange Board of India, on Wednesday, directed Jignesh Shah-led FTIL to sell shares in MCX-SX and other entities within 90 days on the ground that it was not 'fit and proper' to own stakes in any exchange.
During the 10-months of this financial year, the highest FDI came in services ($1.80 billion), followed by pharmaceuticals ($1.26 billion), automobiles ($1 billion) and construction development ($966 million).
Jaitley sets condition of 50% assets for applicability of capital gain tax.
'His assignment as the Ambassador to the UAE was particularly appreciated by the Emiratis and Indians alike. He retires in a trail of glory,' says Ambassadpr T P Sreenivasan.
Brushing aside opposition from the Dravida Munetra Kazhagam and other parties in Tamil Nadu, Prime Minister Manmohan Singh on Tuesday met Sri Lankan President Mahinda Rajapaksa but did not give him any assurance on which way India will vote on a the United Nations Human Rights Council resolution for an independent international probe into rights abuses during the war with the Liberation Tigers of Tamil Eelam.
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