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November 19, 2011

Govt to share black money details, but no names

New Delhi : Under pressure from parliamentarians, top finance ministry officials have told a parliamentary panel that it will share the status of prosecution and amount recovered from around 700 secret overseas bank accounts.The government, however, made it clear that the names of the accounts holders cannot be revealed as there are binding agreements. The ministry officials pointed out that under tax treaties, names can only be disclosed at the time of filing of prosecution proceedings.The Income Tax department recently got…

Congress rally irks Mamata

The rift between West Bengal chief minister Mamata Banerjee and the Congress escalated to a new level in the state with Mamata saying that the ally in the state needs to decide whether it would like to remain in the alliance.During the day, state Youth Congress president Mausam Noor took out a silent procession against Trinamool in south Kolkata. Raiganj MP Deepa Dasmunshi, known as a strong critic of Mamata, also took part in the procession."They need to decide whether they would be with us. If they can take out a rally so…

Assertive India firm on its South China Sea stand

India told China that it would continue its oil and gas explorations in the South China Sea, an issue that has triggered strong words between the two countries in the past few months. India asserted that the oil and gas work that ONGC Videsh Limited was carrying out in the South China Sea was purely commercial. This was communicated by Prime Minister Manmohan Singh who met Chinese premier Wen Jiabao on the sidelines of the ASEAN summit in Bali on Friday. China had sent a demarche-a petition of protest or communication…

Shekhar Kapur: Failures secret to his success

Jinal Shah/SATimes: He said no to a career as chartered accountant in his mid 20s. Trading off number crunching in the UK for acting in Bollywood and on small screen in India also didn't do him any good. It was only when he 'crossed the line' to behind the camera that he found his calling in films. His journey to find the 'nebulous' and walking hand in hand with 'failure' was his secret to success. Today more than two dozen films to his credit, Shekhar Kapur is the most established director and producer both in Bollywood…

Dr. Eboo Patel awarded Hofstra’s Guru Nanak Interfaith Prize for 2012

Hempstead, NY: Dr. Eboo Patel, the president and founder of a global grassroots, interfaith network of college students that has reached more than 200 campuses and worked on five continents, has been awarded Hofstra's 2012 Guru Nanak Interfaith Prize, President Stuart Rabinowitz announced today. Patel, a Rhodes Scholar who was named one of "America's Best Leaders" by U.S. News and World Report, received four separate nominations for the Guru Nanak Prize out of the multiple nominations made for the 2012 award. The…
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