India

New Delhi, Jun 21: India-born Softbank President and COO Nikesh Arora has resigned from the company with effect from June 22 but will stay in advisory role for a year. "SoftBank Group Corp (SBG) announces the resignation of Nikesh Arora, Representative Director, President & COO, from the position of Representative Director and Director of SBG with the expiration of the term of office at the

New Delhi, Jun 21: Officials have been directed not to shy away from the rare provisions of arrest, detention and auctioning of attached assets of wilful income tax defaulters. The Central Board of Direct Taxes, in a strategy paper for the current fiscal, has directed officials in the tax department to use the rarely-used in this regard. For wilful evasion of taxes, Section 276 C (2) of the IT Act

New Delhi, Jun 21: In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to "block" Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans. A number of such measures have been mooted by the tax department, to be undertaken this financial year, in order to

Chandigarh, Jun 21: As thousands of people across the country marked the second International Yoga Day on Tuesday, Prime Minister Narendra Modi led the celebrations with 30,000 yoga enthusiasts at Capitol Complex here. While kicking off the celebrations, the Prime Minister urged the people to embrace yoga for better physical and mental health. Addressing the huge gathering, PM Modi thanked the

New Delhi, Jun 20: Major differences over CPI(M)'s alliance with Congress in West Bengal cropped up at the Left party's Central Committee meeting here, with the party today expelling a senior member and the 101-member decision-making body saying that the move was not in accordance with its political line. The first Central Committee (CC) meeting, held after the Left's rout in West Bengal, is

Jaipur, Jun 20: Rajasthan Home Minister Gulab Chand Kataria kicked up a storm when he hurled an abusive word at former prime minister Manmohan Singh while comparing him to his successor Narendra Modi. Kataria, a senior BJP leader, was caught on camera abusing Singh with a Hindi swear word while addressing party workers in Churu district yesterday, sparking condemnation by the Congress today which

New Delhi, Jun 20: Government today relaxed Foreign Direct Investment (FDI) norms in a host of sectors including civil aviation, single-brand retail, defence and pharma by permitting more investments under automatic route. Other sectors in which FDI norms have been relaxed include e-commerce in food products, broadcasting carriage services, private security agencies and animal husbandry. "Now most

New Delhi, Jun 20: The government will announce the successor of outgoing RBI Governor Raghuram Rajan well in advance and there won't be any search panel to look for the new chief of the central bank, an official source said. "It (announcement of new Governor) will happen reasonably in advance. We don't want unnecessary speculation," said a top government source, adding that "the process of

Patna, Jun 20: Ex-chairman of Bihar School Examination Board (BSEB) Lalkeshwar Prasad Singh, the alleged mastermind of the toppers scam in the Bihar intermediate examination, and his former JD(U) MLA wife Usha Sinha were today arrested from Varanasi, a senior police officer said here. "Lalkeshwar Singh and his wife Usha Sinha have been arrested from Varanasi", Senior Superintendent of Police of

New Delhi, Jun 19: Delhi Chief Minister Arvind Kejriwal today said media reports claiming Delhi University has blocked an RTI query seeking details of Prime Minister Narendra Modi's BA degree "deepen the mystery" surrounding his educational qualifications. He contended DU "cannot reject" information sought under the Right To Information Act by a city-based lawyer and the university should write to