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National

Govt spells out measures in SC to retrieve black money

The Government has spelt out in the Supreme Court host of measures to retrieve black money. The Centre told the apex court that the Black money parked in tax havens abroad will be taxable income under the Direct Taxes Code Bill. It informed the court that it has completed negotiations for the Tax Information’s Exchange […]

National

Govt decides to continue ban on export of onions

The government has decided to continue with the ban on export of the onion, but opened a small window by allowing transhipment of a southern variety which is consumed in limited quantity. After a meeting of Empowered Group of Ministers (EGoM) on Food, Commerce and Industry minister Anand Sharma told reporters that the Ban on […]

National

PM to inaugurate Kochi international container terminal on Friday

India’s first International Container Trans-shipment Terminal (ICTT) in the Special Economic Zone at nearby Vallarpadam Island is all set to be dedicated to the nation by Prime Minister Manmohan Singh on Friday. The total cost of the first and second phase of the terminal is pegged at around Rs 6,250 crore. When completed, the terminal […]

National

ICE removes radio tags from two Tri Valley Indian students

US immigration authorities have removed radio tags from the ankles of two Indian students from California-based Tri Valley University (TVU), which has been shut down on charges of massive visa fraud. “Immigration attorney, Kalpana Peddibhotla had taken two of the students to Immigration and Customs Enforcement (ICE) and she has been able to obtain the […]

National

SC awards one yr RI to former Kerala minister in graft case

The Supreme Court awarded one year rigorous imprisonment to former Kerala Power minister and Congress leader R Balakrishnan Pillai and two others in the Idamalayar dam corruption case. A bench of justices P Sathasivam and B S Chauhan convicted the former minister while reversing the acquittal order passed by the Kerala High Court. The apex […]

National

Farm credit likely to reach Rs 4 lakh crore this fiscal

Farm credit is likely to reach 4 lakh crore rupees this fiscal against the government’s target of 3.75 lakh crore rupees. Speaking to reporters in New Delhi, Agriculture Minister Sharad Pawar today said the credit disbursement in 2009-10 fiscal was nearly 3.84 lakh crore rupees against the target of 3.25 lakh crore rupees.Mr Pawar said […]

National

TRAI revises norms for 2G spectrum pricing

The telecom regulator TRAI has revised the norms for 2G spectrum pricing. It has recommended fixing the price for 6.2 megahertz of pan-India start-up 2G spectrum at 10,972.45 crore rupees. It is more than six times the present cost of 1,658 crore rupees. TRAI Chairman J S Sarma confirmed that in its recommendations to the […]

National

CBI Director asked to appear before PAC

CBI Director A P Singh has been asked to appear before Parliament’s Public Accounts Committee, PAC, next week to give evidence in connection with the controversial allocation of 2G spectrum. The central agency has been investigating the 2G spectrum allocation since October, 2009 and the probe has picked up steam for the past few months, […]

National

Govt spells out measures in SC to retrieve black money

Government today spelt out in the Supreme Court host of measures to retrieve black money. The Centre told the apex court that the Black money parked in tax havens abroad will be taxable income under the Direct Taxes Code Bill. It informed the court that it has completed negotiations for Tax Informations Exchange Agreement (TIEA) […]

National

ULFA leaders meet Gogoi, seek help for peace talks

Top ULFA leaders led by chairman Arabinda Rajkhowa met Assam CM Tarun Gogoi on Wednesday and sought his cooperation to take forward the peace process with the Centre. Rajkhowa and seven other leaders met the Chief Minister at his official residence in Guwahati on the eve of talks with a central team led by Union […]