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Income tax payer in for shock as govt wants to know more in new tax form

In pursuit of black money, the government is hauling up ordinary tax payers and seeking additional details in the new income tax return (ITR) form for assessment year 2015-16. This will be applicable to financial year 2014-15, for which returns ha

Replug: Stories you might have missed from the week gone by

Here are five special stories you must read this weekend:   What is Net Neutrality Debate ab

India agrees to phase-out HFC gases used in refrigeration in 15 years

With a rider of 15-year grace period, India has finally agreed to phasing down of climate-damaging refrigerant hydrofluorocarbon (HFC) used in air-conditioners, refrigerators and insulating foam. This surprise decision under United Nations

J&K: High on hypersensitivity, lagging in growth rate

India cannot make up its mind: it grows fast sometimes, and slows down from time to time. Its growth rate has varied from 5 per cent a year in 1984-94 to 6.7 per cent a year in 1994-2000, 5.7 per cent in 2000-06 and 7.5 per cent in 2006-14. But wh

Terrorist Hafiz Saeed says Pak army helps Kashmiri separatists

India’s most wanted terrorist Hafiz Saeed has said that his organization (JuD) and Pakistani establishment help separatist wage a war in Kashmir.  He told media channels that “we help Kashmiris with Pakistan government and Pakista

Govt dues making Air India poor

The cash-strapped Maharaja has been wobbling for sometimes one of the reasons is government itself. The cash-crunched Air India is craving for funds with a debt burden of Rs 40,000 crore, the government itself owes Rs 600 crore to the national car

TCS faces civil rights case in US

Tata Consultancy Services Ltd is giving bonus to its staff on 10th anniversary of its initial public offer (IPO) and is facing a law suit by a white American worker. He has accused India`s largest software services exporter of overwhelming favorit

Centre puts pressure on Mufti, Masarat Alam arrested

Under pressure from the Centre, Jammu and Kashmir separatist leader Masarat Alam was arrested, despite his denial of having allegedly waved Pakistani flag to greet Hurriyat hardliner Syed Ali Shah Geelani during a rally in Srinagar some days back.

Obama writes note on PM Modi in TIME magazine

Prime minister Narendra Modi features in the TIME magazine’s 100 most influential people list and the short note that describes his works and achievement was

Beyond the return of the prodigal

Rahul Gandhi’s disappearance and reappearance have led to much discussion and debate. That is surprising, because he is a leader far outshined by his mother, in a party far outshined by Modi’s strident BJP. In other words, the leader N

Tree cover: With 7.94%, Delhi is still in better position as compared to other states

The national capital has only 7.94 % of its total geographical area covered by trees. This has came down from 8.07 % in 2011. Out of the total geographical area of 1,483 sq km, only 120 sq km area was covered with trees in 2011, thi

Fighting for freedom of speech

On November 17, 2012 Shiv Sena founder and chief Bal Thackeray died. Owing to all possible attributes of the ‘Godfather’ attached to his name, what followed was expected. To mourn the death of the leader, the city which ‘never sl

Apex court split over Jaya`s plea

The supreme court on Wednesday gave a split verdict on a petition challenging the appointment of G Bhawani Singh as special public prosecutor in former Tamil Nadu chief minister Jayalalithaa’s disproportionate asset case. Jus

Banks to offer differential rate for term deposits

The differential interest rates based on whether the term deposits are with or without the premature withdrawal facility come to India. The Reserve Bank of India (RBI) has given green signal to banks to offer differential interest r

Rahul Gandhi back from sabbatical, trends on Twitter

Congress vice president Rahul Gandhi on Thursday returned from his 56-day ‘sabbatical’. He was on an unexplained leave amid speculations about his possible elevation as party president. His mysterious absence led to a lo

Alam flags controversy, to haunt Mufti Sayeed

The co-incidence cannot be lost or forgotten in a hurry. Kashmir’s separatist leader Syed Ali Shah Geelani had his last rally in 2010 and another separatist leader Masarat Alam had led violent street protest in 2010. Now, both of them have t

India’s nuclear deal to help Canadian company and create jobs

A good deal makes economics and financial sense. The $280 million deal to supply uranium fuel to India formally ends nuclear-untouchable status of India and makes stocks of Canadian producer Cameco Corp very attractive. The Saskatch

Why NPAs persist

Finance minister Arun Jaitley, speaking at the bankers retreat at the beginning of the year, said that both he and the prime minister would like to be acquainted about the challenges faced by the public sector banks (PSBs). Jaitley, among other th

Corporate Social Responsibility: Tough competition among PSUs

After a year of two percent mandatory Corporate Social Responsibility (CSR) provisions, there have been a lot of speculations regarding non compliance issues. The Indian Institute of Corporate Affairs (IICA), think tank under minis

Justice Dave will not be hearing judicial bills case

The hearing by a constitution bench on the constitutional validity of the National Judicial Appointment Commission Act and the constitutional amendment did not begin on Wednesday as Justice Anil R Dave recused himself from the bench following obje

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