New Delhi, Oct 10: The income tax department today conducted searches on multiple premises linked to Delhi transport minister Kailash Gahlot in connection with a tax evasion case, officials said. They said at least 16 locations in the national capital and neighbouring Gurgaon are being raided by a team of over 60 tax department officials and the police. The search teams are raiding locations in
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Oct 10: At least seven people were killed and nine others seriously injured as eight coaches and the engine of the New Farakka Express (14003) derailed near Rae Bareli in Uttar PradeshWednesday, Additional Director General (ADG), Law and order, Anand Kumar said. The accident took place in Harchandpur area of Rae Bareli district at 6.10 am and around 30-35 people are injured, he said. The injured
Mumbai, Oct 9: The rupee fell 33 paise Tuesday to finish at a fresh lifetime low of 74.39 against the US dollar on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. At the Interbank Foreign Exchange (Forex), the rupee made a cautious recovery of 18 paise to 73.88 against the US dollar in early trade on fresh selling of the American currency by banks and
Hong Kong, Oct 9: Pakistan's latest announcement about Saudi Arabia's investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. A Zerohedge article claims that Pakistan's move comes from a "desperate" need for funding to ward off a financial crisis stoked by growing debt to China. The column, written by James Dorsey on Mid East Soccer blog
Dubai, Oct 9: Dubai South has announced that it has signed a Memorandum of Collaboration with Emirates Flight Catering. Under the agreement, Emirates Flight Catering will expand its operations in the aviation district to build the world's largest vertical farm in a joint venture with Crop One Holdings. A release from the Emirates News Agency stated that the facility, which will cover 130,000
Ankara, Oct 9: After Jamal Khashoggi went missing in Saudi consulate, Turkish President Recep Tayyip Erdogan on Monday challenged Saudi Arabia to proof that a missing journalist has left its consulate in Istanbul. "Consulate officials cannot save themselves by saying that he left the building," Mr Erdogan told a news conference on Monday. "If he left, you have to prove it with footage", he added
New Delhi, Oct 9: A screen grab of the video showing Union Minister for Road Transport and Highways Nitin Gadkari talking to Bollywood actor Nana Patekar “We were very confident that we can never come to the power. So our people suggested us just to make tall promises. Now people remind us of our promises...Now we just laugh and move on” In a rather candid confession, Union Minister for Road
Nagpur/Lucknow, Oct 9: An engineer with the BrahMos Aerospace unit near here was arrested Monday for allegedly leaking "technical information" to Pakistan, an official said. Nishant Agrawal was nabbed in a joint operation by the Uttar Pradesh and Maharashtra Anti-Terrorism Squads (ATS) at BrahMos' Wardha Road facility, an ATS official said in Nagpur. ATS sources in Uttar Pradesh's Lucknow said a
New Delhi, Oct 8: The government today extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for financial year 2017-18. This is the second extension within a fortnight of the Central Board of Direct Taxes (CBDT), earlier extending the deadline for tax payers whose accounts have to be audited from September 30 to October 15. "Upon consideration of
Mumbai, Oct 8: The rupee slumped by 30 paise to finish at a fresh lifetime low of 74.06 against the US dollar on Monday amid strengthening of the greenback and steady capital outflows. The rupee had opened lower by 14 paisa against Friday's close of 73.76 in early trade as the US dollar strength against major global currencies weighed on the rupee sentiment. At the Interbank Foreign Exchange