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63 Indians have more money than what India got in Budget 2018

India's richest 1% hold more than four-times the wealth held by 953 mn people who make up for the bottom 70%.

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Jan 20, 2020, 12.16 PM IST

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Change to state land laws may make M&As in IT parks smooth

A recent amendment to Karnataka’s land laws is expected to help developers of technology parks, industrial estates and special economic zones (SEZs) as well as investors as it opens up opportunities in mergers and acquisition (M&A) deals.

Govt will put restrictions on imports of products under 'others' category: Piyush Goyal

In trade parlance, every product is categorised under...

Tripura SEZ along Bangladesh to be multi-sector one

The Rs 1,550 crore special economic zone (SEZ), to be set up along the Bangladesh border ...

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  • Kounalakis, who is visiting India along with the Bay Area Business Council, said with a significant number of Indian technology professionals in the Bay Area, the potential for growth through investment and partnership in the tech sector between the two countries is enormous.

    The central bank has issued detailed guidelines for reporting such exposure by UCBs to the CRILC (Central Repository on Information on Large Credits) every quarter. Banks need to submit the data on large exposures within 30 days from the end of the quarter through the XBRL reporting platform of the Reserve Bank of India (RBI).

    According to Myanmar government sources, Xi is expected to visit Naypyitaw, January 17-18. During his trip, the two sides are expected to sign several agreements covering the construction of the Kyaukphyu Special Economic Zone (SEZ) and border economic cooperation zones, , road upgrade projects, promotion of trade relations among others.

    According to the indictment, between September 2014 and October 2019, the five operated an international procurement network of front companies that existed to acquire US-origin goods for the Advanced Engineering Research Organisation (AERO) and the Pakistan Atomic Energy Commission (PAEC). They exported US-made goods to the two Pakistani entities.

    The issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.

    The department has reasons to consider that nefarious elements among the customs broker community may be connected with these frauds, involving fictitious entities, existing only in virtual space through identity thefts with fake and morphed documents, according to sources.

    "As far as the security situation in the insurgency- affected states is concerned, it is rather stable and all parameters concerning violence have come down drastically," Lt General Chauhan told reporters here after a wreath-laying ceremony on Army Day at Fort William, the Eastern Command headquarter.

    "Some proposals have been sent to the Defence Ministry by Army Headquarters after due consideration which includes that the emergency Commissioned and Short Service Commission officers who took part in 1965 and 1971 war, should be given pension-like 'Swatantra SenSamman Pension Scheme'," Army chief said.

    India is among Oman’s top trading partners, with bilateral trade reaching $5 billion in 2018-19. India was the second-largest importer of crude oil from Oman in 2018. There are over 780,000 Indian citizens living in Oman, the second-largest expatriate community in the country.

    Recalling that the Russian Federation had celebrated Christmas recently as per the tradition in Russia, the Prime Minister conveyed season's greetings to President Putin and to the friendly people of Russia. President Putin warmly reciprocated the greetings and wished Prime Minister Modi and the people of India prosperity, progress, peace and happiness.

    The detailed guideline stipulate that the reporting frequency of the CRILC (Central Repository on Information on large Credits)– UCBs return is quarterly to start with.

    The crown jewel of Xi's two-day visit will be a $1.3 billion deep-sea port off Myanmar's troubled western Rakhine state. The Kyaukphyu port will serve as Beijing's gateway to the Indian Ocean. Myanmar has successfully hammered down the price from $7.2 billion to swerve fears of a Chinese debt-trap, but will still pick up 30 per cent of the bill.

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