Govt rolls back surcharge on FPIs to check capital outflow

New Delhi (IANS) With an aim to check the massive outflow of foreign portfolio investment since the Budget, the government on Friday withdrew the surcharge levied on them.

As a result, the tax incidence for foreign portfolio investors (FPIs)…

Ranchi youth commits suicide in police lock-up

Ranchi (IANS) A 23-year-old youth committed suicide by hanging himself in the police station lock-up in Ranchi on Friday.

According to the police, Nesar Ansari was arrested on charges of theft. He was lodged in the police station lock-up. On…

Mansarovar Yatra halted in Uttarakhand due to rain

Dehradun (IANS) The Mansarovar Yatra has been halted in Uttrakhand after heavy rain washed away a portion of the road connecting Tanakpur-Champawat. Many of the pilgrims were forced to return, an official said.

A total of 56 pilgrims…

Chidambaram to be produced before Delhi court shortly

New Delhi (IANS) Former Finance Minister P. Chidambaram will shortly be produced before Delhi's Rouse Avenue Court after he was arrested by the CBI on Thursday in INX media case.

He is likely to be produced before Special…

Economy doesn't need fiscal stimulus to tackle slowdown: CEA

New Delhi (IANS) Chief Economic Advisor (CEA) K. Subramanian on Thursday said the Indian economy does not need a fiscal stimulus to tackle the ongoing economic slowdown.

Speaking at the Hero Mindmine Summit that brings together…

UAE will be first Middle East country to issue RuPay card

Abu Dhabi (IANS) The UAE will be the first country in the Middle East to witness the launch of the RuPay card, "an Indian indigenous equivalent of Mastercard or Visa", during the visit of Indian Prime Minister Narendra Modi this weekend.

India, US to hold 2 meetings on strengthening strategic ties

New York (IANS) Defence and diplomatic officials from India and the US are to have two meetings this week aimed at strengthening strategic cooperation and building on the shared vision for the Indo-Pacific region, according to the State Department.

CBI seeks Chidambaram's 5 days custody, court reserves order

Delhi (IANS) A special CBI court here on Thursday reserved its order after the hearing on the custodial remand of former Union Minister P. Chidambaram sought by the probe agency to question him in INX Media case.

Appearing for the CBI, Solicitor…

Chidambaram sent to 4 days CBI custody in INX media case

New Delhi (IANS) A special CBI court here on Thursday granted the probe agency four days of custody of former Union Minister P. Chidambaram for questioning in the INX Media case.

Special Judge Ajay Kumar Kuhar announced the order after reserving…

Made a safe Jharkhand, Naxals breathing their last in state: Raghubar

Ranchi: Chief Minister Raghubar Das said that Jharkhand was a land of opportunities and called upon the investors to invest in every sector in the state and create employment opportunities for the people as the state boasts of one of most attractive…