At least 43 soldiers have been killed, and 9 others wounded in a coordinated attack claimed by the Taliban on a military base in the Kandahar province of Afghanistan on Thursday.
According to Afghanistan Defence Ministry spokesperson Muhammad Radmanish, a suicide bomber detonated explosives in a vehicle at the Maiwand district military base, which was followed by armed clashes between the attackers and the troops stationed at the camp.
At the time of the attack, there were a total of 60 soldiers...
Bollywood Sultan Salman Khan’s sister Arpita Khan, recently threw a pre-Diwali party, where King Khan of Bollywood Shah Rukh Khan made his appearence as well. While Salman and Shah Rukh are reportedly good friends, Shah Rukh treats Arpita like his own little sister.
According to reports, Shah Rukh made a promise to Arpita that he would try and attend one of the events to promote her husband Aayush Sharma who will soon be making his Bollywood debut backed by Salman Khan.
Salman Khan is famous...
Realising the wide adoption of open security platform, global cybersecurity firm McAfee and networking and security major Cisco on Thursday collaborated to provide comprehensive visibility and real-time security orchestration.In industry's largest threat protection integration, New Data Exchange Layer (DXL) and Cisco Platform Exchange Grid (pxGrid) now interoperate -- marking a collaboration to share security incident and contextual information in real time -- to detect and stop threats faster and...
RBI Governor Urjit Patel had recommended keeping the central bank's key interest rate unchanged at 6 per cent citing risks to inflation and uncertainties on the external and fiscal fronts, the minutes of October's monetary policy committee (MPC) meeting released on Wednesday showed."We have to be vigilant on account of uncertainties on the external and fiscal fronts; this calls for a cautious approach," he said.Belying industry expectations, RBI maintained its hawkish stance at its fourth bi-monthly...
Anglo-Dutch consumer goods multinational Unilever on Thursday said emerging markets sales drove the company's growth in the third quarter of 2017, while it sees signs of improvement in India with higher demand-led growth helped by price cuts resulting from GST."While conditions in our developed markets remain challenging, we are starting to see signs of improvement in some of our biggest emerging markets including India and China," Unilever Chief Executive Paul Polman said in a statement in London...
Cricketer and cancer-survivor Yuvraj Singh was recently dragged into controversy when his sister-in-law, former Bigg Boss contestant Akanksha Sharma named him in a domestic violence suit agaist her husband Zoravar Singh (Yuvraj's brother) and their mother Shabnam Singh.
Akanksha directly did not speak to media, but her lawyer Swati Singh Malik confirmed the filing of the case, as well as the alleged role played by Yuvraj.
“Domestic violence does not mean just physical violence. It also means...
Panama Papers: PM Modi Orders Multi-Agency Probe Into Indians' Offshore Holdings
NEWS WORLD INDIA | 0
April 5 , 2016 , 08:19 IST
Prime Minister Narendra Modi on Monday ordered a thorough probe over the alleged offshore holdings of about 500 Indians named by the International Consortium of Investigative Journalists (ICIJ).
Govt has set up a multi agency team to investigation in 43 cases of offshore accounts, including those from the HSBC list and from an earlier ICIJ expose, Finance Minister Arun Jaitley said on Monday.
Giving details of the action taken by the government following such exposes on earlier occasions, Jaitley said ED has initiated probe in 23 cases of HSBC and 20 cases of the ICIJ expose.
ALSO READ | Panama Papers: I Welcome Such Investigations And Expose, Says FM Arun Jaitley
Based on information about 700 Indians provided by ICIJ in 2013, the revenue department identified 434 persons, of which 184 admitted to their dealings with off-shore entities.
"The government authorities have detected credit in the undisclosed foreign accounts of such Indian persons in excess of Rs 2,000 crore. Fifty-two prosecution complaints under the provision of the I-T Act have been filed against offenders so far," Jaitley said.
With regard to HSBC accounts, the government in 2011 had received information from the French government about 628 Indians holding bank accounts in Switzerland.
"Out of 628 cases, 214 were found not actionable on account of no balance or being non-residents or being non-traceable. Out of the remaining cases, assessments have been completed in 390 cases in which undisclosed income of Rs 5,018 crore and tax demand of Rs 4,584 crore has been raised," Jaitley said.
Also, the concealment penalty of Rs 1,213 crore has been levied in 157 cases. Besides, 154 prosecution complaints have been filed in HSBC cases, he said.
The government, Jaitley said, is committed to detecting and preventing generation of black money.
"India is also concerned that there are countries in the world which are being used as tax havens because of which all other countries of the world suffer loss of tax," he added.
The minister said the recent initiative of Base Erosion and Profit Shifting (BEPS) will help India and other countries in checking this practice of tax avoidance through such tax havens.
(With Agency Inputs)