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NBA happy with response in India

October 30, 2013

NEW DELHI: The NBA season is all set to begin on Wednesday morning (IST) when current champions Miami Heat play Chicago Bulls and fans in India can expect a treat this year as they would get to view over 300 live regular season games.

India ranks 134th in ease of doing business

October 29, 2013

Washington — India ranked a lowly 134 in the ease of doing business index, but implemented the most number of business regulatory reforms in 2012-13 reforms in the South Asian region.

A new World Bank Group released Tuesday also finds that India has made an improvement of 0.5 percentage points in what is called "the distance to frontier" measure with a range between 0 and 100, with 100 representing the best performance or the frontier.

Aamir Khan gets US honour for tackling social issues

October 29, 2013

Washington — Bollywood superstar Aamir Khan has been honoured with a prestigious US award in recognition of his successful effort to create debate on India's pressing social problems through his popular TV show "Satyamev Jayate".

US to slap fine on Indian outsourcing firm Infosys: report

October 29, 2013

The US government plans to punish Indian outsourcing giant Infosys with the largest immigration fine ever for seeking visas fraudulently for workers at big clients in America, the Wall Street Journal reported Tuesday.

Tendulkar’s half-ton keeps Mumbai hopes alive

October 29, 2013

Brief Scorecard: Mumbai 136 and 201 for 6 (Tendulkar 55*, Pawar 47, Mohit 2-65) trail Haryana 134 and 241 by 39 runs

Sachin Tendulkar after his half century during 3rd day of his last Ranji match for Mumbai against Haryana.

NRI setting up business in India? Watch out for transfer pricing

October 29, 2013

Over the past decade, India has become a big opportunity for global entrepreneurs looking to grow a successful business. The liberalization, booming middle class, and growing jobs and salaries have made India an attractive destination.

At the same time, setting up a business in India means navigating through the various tax and legal complexities. And one of the major tax laws that needs to be kept in mind is the one on transfer pricing.

US spy chiefs face Congress amid spying rift with Europe

October 29, 2013

WASHINGTON: Top US intelligence officials appeared at a congressional hearing on Tuesday amid a public uproar that has expanded from anger over the National Security Agency collecting the phone and email records of Americans to spying on European allies.

Obama admin. knew millions could not keep their health insurance

October 28, 2013

U.S. President Barack Obama walks out to deliver remarks alongside Human Services Secretary Kathleen Sebelius in the Rose Garden of the White House in Washington, October 1, 2013.

BJP begin rally even as series of low-intensity blasts occur

October 27, 2013

One person has been killed and twenty injured in four blasts that took place in and around Gandhi Maidan in Patna, the venue of the rally

Patna: The BJP has begun its rally in Patna even as a series of low-intensity blasts have occurred ahead of the rally. One person has been killed in the blasts.

Hundreds march in Washington against NSA spying

October 27, 2013

WASHINGTON: Hundreds of protesters marched on Capitol Hill in Washington on Saturday to protest the US government's online surveillance programs, whose vast scope was revealed this year by former spy agency contractor Edward Snowden.