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    Delhi Court Includes Chief Justice Office Under Information Act

    Jan. 12 – The Delhi High Court will uphold its bench order that includes the office of the Chief Justice of India within the scope of the Right to Information (RTI) Act and requires judges to declare their assets. The bench made up of Chief Justice A.P. Shah and Justices S. Muralidhar and Vikramjeet Sen[…..]

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    Andhra Pradesh Government Assembly Adjourned, MP Arrested

    Dec. 14 – The Andhra Pradesh assembly in Hyderabad was adjourned indefinitely or sine die following pandemonium after it began for the day’s proceedings this morning amidst chaos and slogan shouting by local MP’s favoring a unified Andhra Pradesh. Congress MP for Vijayawada, L. Rajagopal was arrested at the Hyderabad airport after he landed to[…..]

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    Reserve Bank of India Modifies Commercial Borrowing Policy

    Dec. 14 – The Reserve Bank of India has modified its external commercial borrowing (ECB) policy; the changes will take effect from January 1, 2010. Loan agreements signed on or after this date will attract an all-in-cost ceiling as shown in the chart. Eligible borrowers using ECB after December 21, 2009, where the loan agreement[…..]

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    Confusion Over Formation of Telangana State

    Dec. 14 – The Indian government’s decision to form a new state of Telangana is causing confusion in Andhra Pradesh as the proclamation is seen as an agreement to divide a new area from the state. Home Minister P. Chidambaram issued a statement last week confirming that the mechanism for forming the new state was[…..]

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    Foreign-Owned Indian Assets May Be Excluded from Capital Gains Tax

    Dec. 9 – The Federation of Indian Chambers of Commerce and Industry has suggested that transactions in respect of Indian assets of foreign companies are to be excluded from capital gains tax. In submissions to Revenue Secretary P.V. Bhide on Tuesday, the FICCI president, Harsh Pati Singhania, suggested that certain transactions of foreign companies in[…..]

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    India to Drop Re1, Rs2 Notes from Circulation

    Dec. 9 – India will soon drop Rs1 and Rs2 notes from circulation to be replaced with coins citing high printing costs and short lifespan of the latter. “The Reserve Bank has informed that in view of the short life span of the lower denominations notes of Re1, Rs2, and Rs5 and the high cost[…..]

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    India Open to FTA with United States

    Nov. 25 – Prime Minister Manmohan Singh said that India is willing to consider a free trade pact with the United States similar to the one it already has with Association of Southeast Asian Nations (ASEAN). “I don’t mind exploring the possibility for a free trade agreement with the United States,” Mr. Singh said during[…..]

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    Stapled Chinese Visas Not Valid for Travel

    Nov. 13 – India’s Foreign Ministry has announced that stapled Chinese visas for Indian travelers will not be allowed to exit the country and advises applicants to verify how their visas will be attached. Some Chinese embassies and consulates have continued to issue stapled visas for Indians coming from Arunachal Pradesh, Jammu and Kashmir despite[…..]

Showing 8 of 620 articles