Cabinet clears ordinance to crack down on Nirav Modi, Mallya-type fugitives
The government has cleared the decks for the proposed law that seeks to crack down on the likes of Nirav Modi, Mehul Choksi and Vijay Mallya, who have fled the country after defaulting on loan repayments worth billions of rupees. Read more...
Excise duty on fuel may be cut by Rs 1-1.5 to ease retail prices of petrol
The government is considering a second slash in excise duty on petroleum products this year. The reduction in excise duty could range between Rs 1 and Rs 1.50. The recommendation to

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