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GST: Tax evasion up to Rs 2 cr a bailable offence

NEW DELHI: To make GST regime less onerous, the Centre and states have decided to water down the penal provisions to ensure a trader gets immediate bail if the alleged… Read more »


UK puts export ban on Clive of India’s huqqa set, flask

LONDON: The UK government has put a temporary export ban on an extremely rare jeweled flask worth over 6 million pounds given to former commander-in-chief of India Robert Clive after… Read more »

Assistant Secretary of State for South and Central Asia Nisha Desai Biswas displaying her Pravasi Bharatiya Sammam award which she received 
from the President in Bengaluru

Indo-US ‘strategic convergence’ at highest point: Obama admn

WASHINGTON: The Obama Administration has asserted that the Indo-US “strategic convergence” is at its highest point, as it hoped that the incoming Trump government would continue to prioritize the bilateral… Read more »


Demonetization shows Modi’s boldness: France

NEW DELHI: France has appreciated demonetization in India, terming it as a “bold” decision which “shows how determined” Prime Minister Narendra Modi is to combat tax evasion, corruption and black… Read more »


PIOs, NRIs feel heat of demonetization; wait in RBI queues

NEW DELHI: After residents, NRIs and People of India Origin (PIO) are now braving long queues to exchange the old Rs 500/1000 notes at 5 designated RBI branches across the… Read more »


‘Insolvency & bankruptcy code not to address corporate fraud’

KOLKATA: Insolvency and Bankruptcy Board of India today said the new code is not meant to address any fraud on the part of company promoters but allows creditors and other… Read more »


‘Despite demonetization, India to grow faster than China’

SINGAPORE: Indian economy will grow faster than China despite the temporary slowdown created by demonetization, an Indian-origin academic and former Singapore diplomat said at a conference of leading world universities… Read more »


Budget date decided much in advance: Jaitley

AMRITSAR: Finance Minister Arun Jaitley has said the date for presenting the Union Budget on February 1 was decided much in advance of the EC’s announcement of Punjab polls, dismissing… Read more »


Trump Organization cancels business talks in India

NEW YORK: The Trump Organization has canceled talks over possible projects in Brazil, Argentina and India as the president-elect pulls back from deal-making less than three weeks before taking office…. Read more »


PM offers sops post demonetization, warns dishonest of action

NEW DELHI: In a bid to soften the blow of demonetization effects, Prime Minister Narendra Modi has announced a host of sops for rural and urban poor, middle class, women… Read more »


Rs 3,285cr withdrawn from Jan Dhan a/cs

NEW DELHI: Jan Dhan accounts witnessed net withdrawal of Rs 3,285 crore in the last fortnight after a huge surge in deposits post demonetization in November. Total deposits increased to… Read more »


Jaitley says demonetization a success

NEW DELHI: Saying that the “critical part” of demonetization is now behind us, Union Finance Minister Arun Jaitley Thursday said it will be “much better” going forward. “Demonetization has substantially… Read more »


China hopes for better ties with India in 2017

BEIJING: China hopes for better ties with India in 2017 by resolving differences over India’s admission into elite Nuclear Suppliers Group and listing of JeM chief Masood Azhar as terrorist… Read more »


Dubai’s gold market bears the brunt of India’s demonetization

DUBAI: Dubai’s famous Gold Souq, a prime market for yellow metal, has been witnessing almost a complete absence of visitors from India due to demonetization, according to a media report…. Read more »


Law against ‘benami’ properties to be operationalised soon: PM

NEW DELHI: Vowing to carry forward the war against corruption and black money post-demonetization, Prime Minister Narendra Modi has said the government will soon operationalise a strong law to effectively… Read more »


Nine Nobel laureates to attend Vibrant Gujarat Global Summit

AHMEDABAD: Nine Nobel Prize winners, including Indian-born scientist Venkatraman Ramakrishnan, have confirmed their participation in the upcoming Vibrant Gujarat Global Summit, where they will interact with students and industry leaders…. Read more »

Prime Minister Narendra Modi laying the foundation stone of the two metro corridors and other projects, at Bandra Kurla Complex, in Mumbai on December 24. Governor of Maharashtra, C. Vidyasagar Rao, Union Minister for Railways Suresh Prabhakar Prabhu, Union Minister for Urban Development, Housing & Urban Poverty Alleviation and Information & Broadcasting, M. Venkaiah Naidu, Union Minister for Road Transport & Highways and Shipping, Nitin Gadkari, Chief Minister of Maharashtra, Devendra Fadnavis and other dignitaries are also seen

Trillion worth infra projects for Mumbai

MUMBAI: Prime Minister Narendra Modi laid foundation stones of many key infrastructure projects, including the country’s longest sea bridge and two metro lines in the city, entailing investment of over… Read more »


I-T Dept cautions taxpayers against sharing user ID, password

NEW DELHI: The Income Tax Department has warned taxpayers against sharing their user ID and password with any unauthorized person, saying they too will be liable to face consequences for… Read more »


RBI governor to brief parliamentary panel on Jan 19

NEW DELHI: RBI Governor Urjit Patel will brief a parliamentary panel on January 19 on issues concerning demonetization and its implications on the economy, sources said. The Standing Committee on… Read more »


RBI rolls back norms for deposit of old notes by KYC customers

MUMBAI: Under all-round attack, the Reserve Bank on Wednesday did a U-turn on customers depositing demonetized notes over Rs 5,000 till December 30 by making it clear that there will… Read more »