Page 5910 - Economy & Policy News
Govt may consider waiving penalty in Vodafone-like cases
Adding a clause to allow waiver of penalty for deals which took place before April 1, 2012 is being considered
GAAR fears cost Indian markets $10 bn foreign money
While details about the new rule remains elusive, it is feared that it could lead to heavy tax burden for the foreign investors
Govt to deliberate tax measures as investors fret
Move to target tax evaders through GAAR, retroactively tax indirect transfer of assets, has spooked investors, leading to exodus of funds
US seeks Indian assurance on Iran as Clinton visits
Also to pitch for India to open its supermarket sector to foreign chains such as US giant Wal-Mart Stores
Clinton hopes India will do "even more" to cut Iran oil imports
Adequate supply from other countries fuelled hopes
Foreign flows into India drying up: Macquarie
FII taxation controversy, macro challenges key reasons for FII drying up
CEA requests Power Ministry to seek PMO help on fuel pact
Last month, a Presidential Directive was issued to CIL forcing it to sign FSAs with power companies
Prove right to reputation is fundamental: HC to Tejinder
Court's observation comes after Additional Solicitor General gave to it a note clarifying the Centre's stand
80,000 Mw powergen capacity being built: Govt
Power Minister says in 2011-12, capacity of 20,400 Mw was added, which was much higher than projection of 17,000 Mw
India, Pak quickly normalising trade ties: Gilani
Says the two countries should not be complacent as non-state actors are determined to harm the bilateral peace process
GAAR to be applicable from FY14: FM
Withdraws levy on all branded and non-branded jewellery
No move for privatisation of water resources: Govt
However, PPP model for effective utilisation of rivers, lakes will be encouraged
BJP attacks govt over defence preparedness
Antony's 'no work, no mistake and clean image' is a dangeours policy says BJP
Expert Views: India defers GAAR measures by a year
GAAR deffered by one year
US, WB to partner for investment: Mamata
Areas identified for investment were IT, software sector, manufacturing, deep sea port, tourism, health care and education
Coal at cheaper rates to meet power requirements: govt
Govt's priority is to ensure availability of electricity at cheaper rate, won't be cowed down by threats of legal action by minority shareholder TCI
Tatra deliveries as per NDA contract: Antony
No new order has been placed since GSQR change in 2008 as per the request of the army HQ
Govt slashes capital gains tax for PE investors
Will also exempt long-term capital gains on sale of unlisted securities in IPO
Regional offices to clear IPO proposals of Rs 500cr: Sebi
Regional offices will be delegated powers with respect to mutual funds, inspection
Current a/c deficit to touch 4.4%, rupee 55-58: Ambit
Widening import-export gap seen as key driver, RBI intervention to have little impact on rupee