The finance ministry is likely to release a reworked draft model bilateral investment treaty, based on comments and feedback from investors, policy and legal experts, the general public, and other stakeholders. However, the Centre is unlikely to dilute its stance on the issue of tax matters and public purpose, in this reworked BIT. The draft model BIT had proposed to make it difficult for foreign companies to seek arbitration against Indian authorities, through restrictions on ... Rediff.com, 1 month ago
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This is the seventh straight month of growth for the passenger cars segment Car sales in India rose by 18.14 per cent in April, the fastest rate of growth in 30 months, as the auto industry continued its journey on the road to recovery riding on improved consumer sentiments, new models and favourable fuel prices. According to the data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in April stood at 159,548 units compared with 135,054 in the same ...Rediff.com, 1 month ago
Arnab Gan Choudhury works on his sculpture of Zlatan Ibrahimovic He is a Zlatan Ibrahimovic fan and wanted to pay tribute to his idol. So what does this 19-year-old student of commerce do? He sculpts his hero's bust. Arnab Gan Choudhury, a ...Calcutta Telegraph, 1 month ago
Reserve Bank of India and Insurance Regulatory and Development Authority of India (IRDA) have recently come up with the idea that banks can sell products of multiple insurance companies, unlike in the past when they were selling only one life product and one non-life product from a single insurance company. This is also known as bancassurance where insurance companies sell their products through banks. Quite popular in Europe, this concept is new in India. The rationale behind the decision ...Rediff.com, 2 months ago
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