Investments
Introduction Of Gaar (General Anti Avoidance Rules)
Erstwhile finance minster Pranab Mukherjee introduced the highly controversial law against tax avoidance through foreign investments in his Union Budget speech. GAAR, or the General Anti Avoidance Rules, entails rules and laws that targets entities […]
Pak Strategy in Afghanistan Time for hard decisions
On December 6, Asadullah Khalid, Head of Afghanistan‘s intelligence set-up, the National Directorate of Security, was seriously injured in a bomb attack by a Taliban suicide bomber posing as a peace envoy. President Karzai announced […]
DMK on Board, Govt Ready for Vote on FDI
NEW DELHI (TIP): With the DMK stating it would vote with the ruling combine on its policy allowing 51 per cent FDI in multi-brand retail, a confident UPA government maintained it is prepared for a […]
Belarus seeks more investments from India
NEW DELHI (TIP): Prime Minister of Belarus Mikhail Myasnikovich has invited Indian industry to invest in his country. Addressing a joint business meeting here on Wednesday, the visiting dignitary said there were several sectors, including […]
Cabinet reshuffle: UPA ministry gets 17 new faces, core team stays
New Delhi (TIP): Prime Minister Manmohan Singh’s imprint on the October 28 reshuffle in the Council of Ministers is evident with several leaders who are in favor of more economic reforms now a part of […]
Krishna Pokhrel elected to New York Life Chairman’s Council
NEW YORK, NY (TIP): Krishna Pokhrel, LUTCF has been elected a member of the 2012 Chairman’s Council of New York Life Insurance Company today, says a Press Release issued by New York Life on October […]
IOC ties up with Korea Gas for LNG venture
NEW DELHI (TIP): Flagship refiner IndianOil Corporation on Wednesday signed an MoU with Korea Gas Corporation (Kogas) to jointly explore opportunities in oil and gas, including liquid gas transported in ships or LNG. “IOC and […]
Cabinet approves FDI in insurance, pension
New Delhi (TIP): The government on October 4 unleashed a second wave of reforms deciding to open the pension sector to foreign investment and raising the FDI cap in insurance to 49 percent, undeterred by […]
As i see it: Dollar Billionaires in Poor Countries India’s Philanthrocapitalism
In this time of global financial crisis, when so many are suffering financial hardship, most countries have witnessed increases in their number of dollar millionaires. These ‘High Net-Worth Individuals’ (HNWI), according to a report by […]
Govt likely to hike FDI in insurance at Cabinet meeting next week
New Delhi (TIP): Despite facing the heat over the hike in diesel prices and reforms in foreign direct investment (FDI) in retail, the government has decided to go ahead with some more reforms. According to […]
SENSEX, RUPEE SURGE ON DIESEL PRICE HIKE
MUMBAI (TIP): The Sensex rose more than 2 percent to new seven-month highs on Sept 14 after the government announced a hike in diesel prices and after the Federal Reserve announced a new asset purchase […]
Tech Mahindra sets up three 4G labs
MUMBAI (TIP): Tech Mahindra has set up three laboratories for Long Term Evolution technology, one in Delhi and one each in Pune and Bangalore. The software services provider, in which vehicle manufacturer Mahindra & Mahindra […]
AS I SEE IT – China thrives in soft corner with two-track U.S. strategy
The U.S. strategy long has been geared against the rise of any hegemonic power in Asia and for a stable balance of power. Yet, as its 2006 national security strategy report acknowledges, the United States […]