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IMF, World Bank, U.N., OECD form new group to stop tax erosion| Reuters

Apr 20, 2016 at 01:15 | Source: FirstPost

WASHINGTON The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.The new g...

HDFC to list up to 10 percent stake in life insurance JV| Reuters

Apr 20, 2016 at 00:30 | Source: FirstPost

MUMBAI Indian mortgage lender Housing Development Finance Corp (HDFC.NS) said on Tuesday it plans to list up to 10 percent of its life insurance joint venture with Britain's Standard Life Plc (SL.L) in an initial public offering (IPO). The Indian len...

EXCLUSIVE - Iran struggles to find enough ships for oil exports| Reuters

Apr 19, 2016 at 23:45 | Source: FirstPost

LONDON Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes.Tehran is seeking to make up for lost trade to Europe fol...

HPCL plans $3.8 billion refinery investment to lift capacity by two-thirds| Reuters

Apr 19, 2016 at 23:15 | Source: FirstPost

MUMBAI Hindustan Petroleum Corp plans to invest around $3.8 billion to ramp up its refining capacity by two-thirds this decade, as the country's oil demand soars and to meet cleaner fuel standards, a company official told Reuters.Fuel demand in India...

Panama president seeks global efforts to tackle tax haven scandal

Apr 19, 2016 at 18:51 | Source: FirstPost

Tokyo: Panamanian President Juan Carlos Varela called on Tuesday for global efforts to tackle the "Panama Papers" scandal, insisting it is not a problem just for his country but the international financial system as a whole.Panama is scramb...

Be safe, not sorry: Why Alastair Cook would do well to embrace new-look helmets

Apr 19, 2016 at 17:19 | Source: FirstPost

The opening rounds of the County Championship in England have been dominated by discussionsabout batting helmets. England Test captain Alastair Cook batted against Gloucestershire in theCounty Championship in an old-style helmet that was in contraven...

DBS strikes the right balance between best of both worlds

Apr 19, 2016 at 12:31 | Source: FirstPost

In this increasingly globalized, hyper-connected world that we live in, banks and financial institutions are going through a silent yet powerful process of change. Profoundly impacted by new technologies and changing customer expectations, banking ha...

Odd-even: Delhi's air quality fluctuates between poor & moderate levels

Apr 18, 2016 at 22:38 | Source: FirstPost

New Delhi: The city's air quality continued to fluctuate on the third day of the anti-pollution measure odd-even, with the level of Ozone showing an upward swing as per Centre's System of Air Quality and Weather Forecasting and Research (SAFAR) agenc...

India talks tough with China on Azhar, objects to double standards on terror

Apr 18, 2016 at 21:57 | Source: FirstPost

Moscow: India on Monday did some plain-speaking with China over its blocking of the Indian bid to get JeM chief Masood Azhar banned by the UN and warned the global community of "serious consequences" if it continues to adopt "double st...

No double standards in dealing with terror: Sushma Swaraj warns international community

Apr 18, 2016 at 20:21 | Source: FirstPost

Moscow: Seeking strong global action against terror networks, India on Mondaywarned the international community that if it continues to adopt "double standards" in dealing with the menace there will be "serious consequences".In he...

2nd no-bail warrant for Vijay Mallya but getting him won't end banks nightmare

Apr 18, 2016 at 16:51 | Source: FirstPost

The Rs 9,000 crore Kingfisher-Vijay Mallya saga is a tough riddle to solve for 17 large banks (that lent money to the airline), the investigating agencies and the Narendra Modi-government, especially given that the return of liquor-baron to the count...

Why the Kingfisher-Vijay Mallya episode isnt the end of Indian banks nightmares

Apr 18, 2016 at 15:51 | Source: FirstPost

The Rs 9,000 crore Kingfisher-Vijay Mallya saga is a tough riddle to solve for 17 large banks (that lent money to the airline), the investigating agencies and the Narendra Modi-government, especially given that the return of liquor-baron to the count...

Violence in Mehsana: Success of Jat stir revives Patel quota agitation in Gujarat

Apr 18, 2016 at 14:50 | Source: FirstPost

Revival of the agitation by Patels for reservation was guaranteed the day Mohan Lal Khattar's Haryana government genuflected in front of the Jats.By accepting the demands of Jats for reservation, the Haryana government reinforced the old adage: Jiski...

Inspired by Haryana, Patel agitation in Gujarat gets a second wind

Apr 18, 2016 at 13:44 | Source: FirstPost

Revival of the agitation by Patels for reservation was guaranteed the day Mohan Lal Khattar's Haryana government genuflected in front of the Jats.By accepting the demands of Jats for reservation, the Haryana government reinforced the old adage: Jiski...

China launches pollution probe after hundreds of students fall sick

Apr 18, 2016 at 13:30 | Source: FirstPost

Authorities in China have launched an investigation after a report that hundreds of children attending a language school built near a polluted former industrial site developed health problems, including cancer, state news agency Xinhua reported on Mo...

China drops plan on regulating halal food

Apr 18, 2016 at 13:17 | Source: FirstPost

Beijing: China has dropped a plan to bring a national law regulating halal food following mixed reactions from public and scholars who accused the atheist government of meddling in religious affairs.The drafting of a law on halal food was not listed ...

Inspired by Haryana, fueled by BJP infighting, Patel agitation in Gujarat gets a second wind

Apr 18, 2016 at 12:56 | Source: FirstPost

Revival of the agitation by Patels for reservation was guaranteed the day Mohan Lal Khattar's Haryana government genuflected in front of the Jats.By accepting the demands of Jats for reservation, the Haryana government reinforced the old adage: Jiski...

Meet Dipa Karmakar: From a flat-footed 6-year-old to India's star female gymnast

Apr 18, 2016 at 12:20 | Source: FirstPost

Editor's Note: This article was originally published on 8 August, 2015. It is being republished in light of Dipa Karmakar's qualification for Rio 2016, making her the first Indian woman gymnast to achieve this feat.Fifteen years back when Tripura sta...

Cost overruns of unfinished rail projects are equivalent to annual salary of its 3 mn employees

Apr 18, 2016 at 11:37 | Source: FirstPost

By Devanik SahaDelays in completing rail projects resulted in cost overruns of Rs 1.07 lakh crore ($16.4 billion)equivalent to the yearly salary bill of its three million employeesaccording to anIndiaSpend analysis of a December 2015 audit report.As ...

Handwara killings: There is a schism in the Kashmir Valley and the truth may just slip through it

Apr 18, 2016 at 11:16 | Source: FirstPost

Years ago, a friends daughter switched to a premier school in Delhi in Class X. On her first day at the school, the Class X teacher asked the students to write their impressions, in a few paragraphs, of the morning assembly which they had attended.Th...

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