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Panama to now comply with OECD standards for exchanging tax information

New membership to be effective from 2018; move comes after Panama Papers data leak

Syndicate Bank reports Q4 loss of Rs 2,158 crore

This is because of a write-off of Rs 883 crore for a major fraud at three of its branches

Set up SIT to probe wife-swapping charge in Navy: SC to Kerala police

The apex court also ruled out a CBI investigation into the case

Retail inflation jumps to 5.39% in April

SC raps 'ostrich-like' attitude of states in drought handling

Directs Centre to constitute a national disaster response force within the next six months

Canada fire 'out of control,' doubles in size

Winds were pushing the flames east of the epicentre; nearly 25,000 trapped finally left town

Uttarakhand crisis: Setback for BJP as HC bars 9 disqualified Cong MLAs from floor test

The court's decision means that the Congress could scrape together a slim majority with support from outside MLAs; SC to hear MLAs' plea at 2 PM today

PM to meet CMs of three drought-hit states

It has already been officially stated that at least 330 million people have been impacted by drought

Telecom companies play debt card to escape call drop penalty

These companies have largest subscriber base in India but have the lowest revenue

Uttarakhand forest fires brought down; rain relief expected

Number of active fires drop sharply to 40 in the hill state; Centre claims the situation is "under control"

Uttarakhand forest fire: Choppers fly in to douse flames

Nearly 6,000 personnel have been deployed to douse the fire

House joint committee clears bankruptcy code

FM Arun Jaitley also said that various measures had been taken to deal with the issue of NPAs in banking sector

Uttarakhand crisis: SC says President's Rule to continue, has 7 questions for Centre

Next hearing on May 3; apex court rules out April 29 floor test in state Assembly

SC shares Mallya asset details with banks

Mallya owes 17 banks about Rs 9,400 crore in dues

Rajan calls for basic safety nets to encourage entrepreneurship

Basic healthcare, unemployment insurance and old age benefits should be part of the system so that entrepreneurs get the impetus to start afresh

Modi's taking oath followed by disasters in country: Lalu

Stating that no one takes notice of the PM, Prasad wondered what happened to Adarsh Gram Yojana

Salman Khan named India's Olympic ambassador

The Indian Olympic Association also said Edelweiss Group will be its principal partner for the Rio Olympics 2016

EU threatens to put sanctions on Panama, other tax havens

Head of financial affairs of EU says nations like Panama must cooperate on taxation or be ready to face sanctions

Panama Papers: UK PM Cameron admits he benefitted from father's offshore fund

British PM says he held a 30,000-pound stake in Bahamas-based trust, but sold it in 2010, months before taking office

SpaceX to launch first cargo since 2015 accident

Dragon capsule, carrying gear for 6 astronauts living at the research outpost, will blast off from Florida