Strongest action will be taken against tainted trio: Shukla

As the Senate Judiciary Committee began its mark-up of the Gang of Eight’s comprehensive immigration reform legislation, the United States-India Business Council and India Inc -- led by the Confederation of Indian Industry -- expressed deep concern about what they called ‘killer provisions’ in the bill that were inimical to the growing US-India ‘knowledge partnership.’Industry sources told India Abroad they wouldn’t shed any tears if the legislation died in ...

Against the backdrop of the opposition’s demand for his removal, Joint Parliamentary Committee Chairman P C Chacko on Friday met Lok Sabha Speaker Meira Kumar to explain his position on the issues concerning the controversial draft report on 2G scam.    There were indications that the meeting of the JPC, which was cancelled on Thursday because of the death of a Lok Sabha member, could take place on May 2 or May 3 to adopt the report. The committee is expected to table its report ...

Parliament’s standing committee on finance has urged the ministry of finance for a study on the impact of the Commodities Transaction Tax (CTT) on food inflation over a period of one year and has also, again, recommended abolition of the Securities Transaction Tax (STT).The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had  favoured abolition of STT.Finance Minister P Chidambaram had announced imposition of a CTT on non-agro commodities in the 2013-14 budget, ...

The fate of the Rangarajan Committee’s recommendations is hanging in the balance after the postponement of a meeting of empowered group of ministers on natural gas.Not only does there appear to be no meeting ground on the issue of a pricing formula proposed by the committee, the petroleum ministry wants another committee headed by Vijay Kelkar to look into the other major recommendation of moving to the revenue sharing model in exploration and production.The Rangarajan committee report ...

New Delhi, Apr 13: The International Olympic Committee’s move to write a letter directly to the Sports Minister for a joint meeting has come as a surprise for suspended IOA officials, who point out that the parent body was contradicting its own ...

Disappointed by the Rangarajan committee report on gas pricing, BP Plc, Europe’s second-biggest oil company, has suggested a three-pronged alternative pricing system to the government.Group CEO Robert Dudley has, in a submission to Prime Minister Manmohan Singh, also said his company’s board of directors could meet in India next month to see for themselves “the challenges and opportunities”, before they approved additional India investment.On Monday, Dudley, along with ...

The government has decided to constitute three committees comprising of representatives of major farmer’s association and government officials to safeguards to protect farmers because of Foreign Direct Investment in multi-brand retail.

The euphoria surrounding fuel price reforms in line with Kelkar committee recommendations had subsided in January’13 itself.

Mumbai, Mar 20: The Board of control for Cricket in India’s technical committee will meet here on Friday to discuss the proposal of playing the Vijay Hazare Trophy one-day matches in divisions — on the lines of the Ranji Trophy.The proposal was ...