Home Secretary RK Singh said India had gone to Pakistan to sign the visa agreement, but the deal did not go through. ...
08:59 AM, May 26, 2012
New Delhi: Talks between India and Pakistan at the Home Secretary level will begin in Islamabad on Thursday. This is the second such meeting of Home Secretaries since the 26/11 attacks in 2008 in Mumbai. A 12-member delegation, led by Home Secretary RK Singh, on Wednesday left for Pakistan on Thursday where a relaxed visa regime is expected to be inked apart from New Delhi pressing for action against perpetrators...
09:50 AM, May 24, 2012
New Delhi: The Cabinet Committee on Security on Thursday cleared a bilateral visa agreement between India and Pakistan. Under the agreement, children below 15 and senior citizens from Pakistan will be issued with Indian visas on arrival. The number of cities which they can visit in a trip has also gone up to 5 from 3. Business visitors will be allowed to visit up to 10 cities. The agreement will...
08:41 PM, Apr 26, 2012
New Delhi: The government will soon set up an Inter-Ministerial Group (IMG), headed by Finance Secretary RS Gujral, to look into Vodafone's notice threatening international arbitration in the Rs 11,000-crore tax case. "The government will form an Inter-Ministerial Group (IMG) soon to examine the notice of Vodafone," a senior finance official said. Last week, the Dutch subsidiary of UK-based telecom major Vodafone had served a notice on the Indian government...
07:56 PM, Apr 23, 2012
New Delhi: India and Bangladesh on Thursday agreed to renew the bilateral trade agreement, which expires on March 31, for three years and agreed to further liberalise two-way flow of goods and investments. "We have come to an agreement that the trade treaty which was due to expire on March 31 will be extended for a period of three years," Commerce Secretary Rahul Khullar said a joint press briefing with...
07:42 PM, Mar 29, 2012
New Delhi: Biocon and US drug major Pfizer on Tuesday called off $350 million global alliance to commercialise the Bangalore-based firm's biosimilar versions of insulin and insulin analog products. "The companies have agreed that due to the individual priorities for their respective biosimilars businesses, it is in their best interest to move forward independently," the two said in a joint statement. In October 2010, they entered into a strategic global...
12:08 PM, Mar 13, 2012
On a day when television channels stayed focused on the fallout of the ongoing tussle between the Army Chief and the Government, hundreds of people ...
03:52 PM, Feb 17, 2012
New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said that a free trade agreement (FTA) with US is a good idea. "If you can do an FTA (with US) that is a good idea, but the most important thing is to expand business relationship with special focus on technology area," Ahluwalia said. FTA is an arrangement in which goods and services are traded without restrictions between the...
05:44 AM, Feb 09, 2012
New Delhi: There has been no headway in the Indo-Mauritius talks on the double taxation avoidance agreement (DTAA) as of yet. Government sources indicate that Mauritius is unwilling to allow taxation of capital gains as it feels the move will impact the country's economy. India was keen that investment from Mauritius be subject to capital gains tax because there was a lot of round-tripping. Companies were setting up subsidiaries in...
12:18 AM, Feb 09, 2012
New Delhi: Amidst concerns over Mauritius being used as a major route for avoidance of taxes on investments by Indian companies, Prime Minister Manmohan Singh and his counterpart Navinchandra Ramgoolam on Tuesday agreed on early conclusion of an agreement aimed at tackling this menace. The two leaders reviewed the status of negotiations on the revised Double Taxation Avoidance Agreement (DTAA) during their talks here and directed officials to fast-forward talks...
11:10 PM, Feb 07, 2012
New Delhi: Taking another step towards combating black money, India has signed a multi-lateral agreement with economic powers like France and Germany to check both tax evasion and avoidance. The agreement, convention on mutual administrative assistance in tax matters, is a multilateral agreement of 31 other nations which "promotes international co-operation while respecting the rights of taxpayers." The agreement has been signed under the aegis of the Organisation for Economic...
07:15 PM, Jan 26, 2012
Israeli Finance Minister Dr Yuval Steinitz, who was in India to negotiate a free trade agreement. He says India and Israel need to take stronger action on Syria and other countries of the Arab spring. ...
05:51 PM, Dec 23, 2011
New Delhi: India on Thursday voiced surprise at Australian Foreign Minister Kevin Rudd's remarks suggesting trilateral security agreement between US, India and Australia, and made it clear it was not keen on it. "We are not aware of any such proposal," Vishnu Prakash, the external affairs ministry's spokesperson, said in response to a question. The defence ministry officials took a tougher stand, saying they were taken aback at the statement...
01:39 AM, Dec 02, 2011
New Delhi: Amid mounting concerns here over safety, France on Thursday assured India of following stringent standards at the two nuclear reactors it plans to set up in Jaitapur. The two countries also resolved to deepen their strategic ties in areas ranging from terrorism to global financial reforms. External Affairs Minister SM Krishna discussed a host of bilateral issues with his French counterpart Alain Juppe that included civil nuclear cooperation...
06:04 AM, Oct 21, 2011
New Delhi: The government on Wednesday said it has started investigations into transactions by Indians involving black money based on 9,900 pieces of information received from different parts of the world. "Over 9,900 pieces of information obtained regarding suspicious transactions by Indian citizens from several countries have been obtained which are now under different stages of processing and investigation," Finance Minister Pranab Mukherjee said at the Economic Editors conference here....
05:04 PM, Oct 19, 2011
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