Among the Sensex firms, Bajaj Finserv, Tata Motors, Tata Steel, Titan, UltraTech Cement, Larsen & Toubro, Bajaj Finance, Axis Bank and HDFC were the major gainers. State Bank of India, HCL Technologies, ITC and Reliance Industries were the major laggards.
Oxfam India allegedly routed funds to the Centre for Policy Research (CPR) through its associates and employees in the form of a commission.
Over 600 child care institutions, run by NGOs and housing 28,000 children, received up to Rs 6 lakh per child in foreign funds in 2018-19, far more than the estimated average expenditure, the apex child rights body NCPCR said as it expressed apprehensions of possible financial irregularities.
The development comes three days after the ECP decided to hear the five-year-old foreign funding case against Imran Khan's party on a daily basis.
India has become a highly competitive investment destination post corporate tax reduction as the rates are now lower than that in China and most Southeast Asian countries, Finance Minister Nirmala Sitharaman said on Sunday.
The rupee had appreciated 49 paise to 69.74 in the previous session and inched up 6 paise to 69.80 against US dollar in the second session
The domestic currency failed to sustain the momentum after Brent crude breached the USD 84 per-barrel-mark again and the US dollar strengthened overseas.
Registration of 18,864 Foreign Contribution Regulation Act registered associations and institutions have been cancelled from 2011 till now and they have been barred from receiving foreign funds, the House was informed.
New Delhi/Mumbai: In the biggest-ever tax demand slapped on them, nearly 100 foreign funds have been asked to cough up an estimated USD 5-6 billion for ‘untaxed gains' made by them in the Indian markets
Top News
Latest News
