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I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy

Mar 15, 2016 at 17:47 | Source: FirstPost

New Delhi: The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated interest.It is the second firm to have received retrospective tax notice this year after Vo...

U.S., India discuss intellectual property concerns| Reuters

Jun 21, 2015 at 09:15 | Source: FirstPost

WASHINGTON Finance Minister Arun Jaitley said on Saturday that senior Obama administration officials had raised U.S. concerns with him about Indias handling of intellectual property rights during his U.S. visit this week.Jaitley held talks with Treas...

India's response to Nepal earthquake shows its growing leadership: US

Jun 03, 2015 at 07:41 | Source: FirstPost

Washington: India's quick response to the Nepal earthquake shows its growing leadership, a top American official said on Tuesday, adding that the Indo-US relationship has blossomed under Prime Minister Narendra Modi's government."The tragedy in ...

India-America relations going through momentous phase, says Indian envoy to the US

May 07, 2015 at 10:33 | Source: FirstPost

Washington: With two back-to-back heads of the State visit in less than a year after the formation of the new government, it is a "very momentous" phase of India-US relationship, top Indian envoy to the United States has said."We are i...

Resurging India under Modi's leadership driving energy across South Asia: US

Mar 25, 2015 at 07:50 | Source: FirstPost

Washington: The US has said India's resurgence under the new leadership was driving energy and optimism across South Asia and the two countries were now "indispensable partners" in promoting peace and stability in the Indo-Pacific region.&q...

China puts draft counter-terrorism law on hold - U.S. official

Mar 14, 2015 at 00:31 | Source: FirstPost

WASHINGTON (Reuters) - China has effectively put a hold on a draft counter-terrorism law that would require technology firms to hand over sensitive information to government officials, a senior U.S. official said.Tensions over cybersecurity and techn...

Vodafone says it paid Rs 22,300 cr to public finances in India in FY14

Jan 30, 2015 at 21:15 | Source: FirstPost

New Delhi: British telecom major Vodafone today said its Indian arm has contributed over 2.2 billion (about Rs 22,300 crore) to public finances, including taxes, for financial year ended 31 March 2014. "In 2013-14 our direct and indirect contrib...

From IPR and piracy to taxation: Key issues discussed at India-US CEO forum

Jan 27, 2015 at 10:48 | Source: FirstPost

Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.Talking to reporters after...

India-US ties cements further on Obama-Modi bonhomie, say experts

Jan 24, 2015 at 14:55 | Source: FirstPost

New York: US President Barack Obama's visit to India is a powerful symbol of the new energy that he and Prime Minister Narendra Modi have brought to India-US relations and the American leader will see a new India that feels much more confident about ...

India-US ties: Obama's Republic day visit to bring Make In India tidings

Jan 21, 2015 at 08:33 | Source: FirstPost

Happening like a quick follow-up to Prime Minister Narendra Modi's November US visit that secured its corporate commitments of $41 billion in India, President Barack Obama's visit later this week is expected to result in major announcements on the Ma...

Modi visit fuels WTO solution hope

Sep 29, 2014 at 07:57 | Source: Calcutta Telegraph News

New Delhi, Sept. 28: The meeting between US President Barack Obama and Indian Prime Minister Narendra Modi this week will be keenly watched to see whether the two countries are able to break the ice on the food security issue, paving the way for the ...

America Inc. wants to engage with India; top US policy makers seek partnership with India�s transformation

Sep 26, 2014 at 16:17 | Source: Assocham

US policy-makers, think tanks, Congressional leaders across the bi-partisan line and most significantly CEOs of the top Fortune 500 companies believe that Prime Minister Mr Narendra Modi and his NDA Government can deliver and transform India into a ...

US lawmakers hopeful of better Indo-US ties under PM Modi

Jul 25, 2014 at 09:56 | Source: FirstPost

Washington: Eagerly awaiting to welcome Prime Minister Narendra Modi when he visits the US in September, top American lawmakers have hoped that an assertive foreign policy of the new Indian government would bring the two countries closer than ever.In...

India to play big role in US' 'rebalance to Asia' strategy: Biswal

Jul 25, 2014 at 08:34 | Source: FirstPost

Washington: Ahead of an important India visit of US Secretary of State John Kerry, a top Obama Administration official today said that the Asian nation has an increasingly vital role to play at the global stage.As the US moves towards implementing it...

Budget 2014: Retrospective tax amendment stays, Vodafone to go ahead with arbitration

Jul 11, 2014 at 08:45 | Source: FirstPost

Mumbai: Telecom major Vodafone will continue the international arbitration process in the Rs 20,000-crore tax dispute with Indian authorities as the government today decided not to drop retrospective amendment in tax laws."We note the FM's annou...

China, U.S. say committed to managing differences

Jul 10, 2014 at 02:45 | Source: FirstPost

BEIJING (Reuters) - China and the United States need to manage their differences, the leaders of both countries said on Wednesday at the start of annual talks expected to focus on cyber-security, maritime disputes, the Chinese currency and an investm...

Currency, maritime disputes at stake in U.S.-China talks

Jul 08, 2014 at 23:45 | Source: FirstPost

BEIJING (Reuters) - The United States pressed China to implement structural reforms in its exchange rate and to modify its "aggressive behaviour" in disputed waters during a preliminary round of bilateral talks on Tuesday, senior U.S. offic...

Voda sees Rs 27000cr dues

Jun 09, 2014 at 21:33 | Source: Calcutta Telegraph News

New Delhi, June 8 (PTI): UK-based telecom major Vodafone is facing tax claims and interest totalling more than Rs 27,000 crore in India, which includes Rs 14,200 crore for acquiring Hutchison’s stake in 2007, the company said in its annual rep...

US senator proposes first 100 days action plan for India-US ties

May 30, 2014 at 08:18 | Source: FirstPost

Washington: A powerful American Senator has proposed "100 days action plan" for the Modi government and the Obama Administration to "refresh" the Indo-US relations.Senator Mark Warner, who is the Democratic Co-Chair of the Senate ...

An open letter to Sushma Swaraj: Don't let political diffidence constrain MEA

May 28, 2014 at 05:52 | Source: Economic Times

By Ashley J Tellis Dear Madame Minister, Congratulations — you've got the job, now the work begins! Only recently, India was seen abroad as a wild success. Now it looks like just a flash in the pan. Obviously, the economic downturn has produced th...

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