Gross direct tax collections surged 15.7% to Rs. 6.75 lakh crore for April-November, the finance ministry said in a statement on Monday. Refunds worth Rs. 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8% higher than refunds issued in the same period …

Urjit Patel, who quit as the RBI Governor on Monday, had spoken strongly about the need for the central bank’s autonomy when he deposed in front of the Parliamentary Panel on Finance two weeks ago. The former Governor had also pointed out that non-performing assets had been reducing since their …

The government had appointed Urjit Patel as Reserve Bank of India (RBI) Governor after his predecessor Raghuram Rajan’s tenure ended. With Dr. Patel’s appointment in September 2016, it was believed that the ties between the Centre and the RBI would improve. However, the relationship showed signs of stress just after …

Kremlin rejects accusations as ‘nothing but slander’ France is looking into claims that Russia-linked social media accounts are trying to stir up trouble by spreading misinformation designed to amplify the ‘yellow vest’ protests. A source close to the inquiry said that the Prime Minister’s Security and Defence Directorate was coordinating …

For Chandrani Mendis, the political crisis gripping Sri Lanka since October 26 has had a specific cost — her pension for November. “After my husband died, I had been receiving 250 rupees (roughly Rs. 100) a month as an allowance, but they stopped it last month,” said the 60-year-old, seated …

A meaningful vote on the British government’s Brexit withdrawal deal is set to be postponed till as late as January as, faced with certain defeat, British Prime Minister Theresa May said on Monday that she will be returning to emergency negotiations with Brussels in an attempt to wrestle new concessions. …

An official of the Indian High Commission in Pakistan staged a walkout during a SAARC meeting in Islamabad over the presence of a Minister from Pakistan-occupied Kashmir (PoK) at the event, according to sources here. Diplomat Shubham Singh left the meeting to register India’s protest over the presence of PoK …

The Bombay High Court on Monday questioned the Maharashtra government on the advertisements issued by the State to fill jobs under reservation granted to the Maratha community A Division Bench of Chief Justice Naresh Patil and Justice MS Karnik was hearing a bunch of public interest litigations and petitions opposing …

The Tamil Nadu government on Monday turned down Karnataka government’s offer of talks over the contentious proposal for a dam project across the Cauvery at Mekedatu, citing the proceedings in the Supreme Court over the issue and contending that it was sub judice. Affecting proceedings Referring to a letter of …

The Supreme Court on Monday decided to examine a plea challenging the legality of amendments brought in by Tamil Nadu and four other States, which allow authorities to bypass the need to take farmers’ consent before their land is acquired for large infrastructure projects. A Bench of Justices Madan B. …