Will Modi govt. respond to U.S. Securities and Exchange Commission’s query on Gautam Adani, asks Congress
1 month ago

Will Modi govt. respond to U.S. Securities and Exchange Commission’s query on Gautam Adani, asks Congress

The Hindu  

The Congress on Wednesday asked whether the Narendra Modi government would respond to the U.S. Securities and Exchanges Commission’s request in the ongoing probe against the Adani group since the Prime Minister had already declared the Adani issue to be a “personal matter”. The principal Opposition party’s comment came after the SEC told a federal judge in New York that its efforts to serve its complaint on industrialist Gautam Adani and Sagar Adani in the alleged bribery scheme are “ongoing” and that it has sent a request for assistance to the Indian authorities. “The U.S. Securities and Exchanges Commission has just informed a New York district court that it has sought the assistance of the Modi government to serve complaints on the violations of U.S. laws by Mr. Gautam Adani and some of his colleagues. In a separate post on X, Mr. Ramesh claimed that the talk of reciprocal tariffs by U.S. President Donald Trump is calling into question a consumption tax like GST and wondered whether his “good friend in New Delhi” would stand up to it when national sovereignty is at stake.

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History of this topic

Trump threatening existence of GST, says Congress
1 month ago

Trump threatening existence of GST, says Congress

The Hindu  

The Congress on Wednesday claimed that the talk of reciprocal tariffs by U.S. President Donald Trump is calling into question a consumption tax like GST, and wondered whether his "good friend in New Delhi" would stand up to it when national sovereignty is at stake. Congress general secretary in-charge communications Jairam Ramesh said his party has long been calling for …

Will PM Modi’s US visit save India from reciprocal tariffs? Foreign Secretary Vikram Misri says…
1 month, 1 week ago

Will PM Modi’s US visit save India from reciprocal tariffs? Foreign Secretary Vikram Misri says…

Live Mint  

Prime Minister Narendra Modi and US President Donald Trump have agreed to begin discussions on trade and tariff-related issues, Foreign Secretary Vikram Misri said on Friday. Addressing a press briefing after a meeting between Modi and Trump in the White House, the Foreign Secretary said, “We have indicated, and the two leaders have agreed today to start discussing trade and …

Gabbar Sitharaman Tax: Congress’ fresh jab at FM, says new circulars are issued 90 months after GST rollout
2 months, 1 week ago

Gabbar Sitharaman Tax: Congress’ fresh jab at FM, says new circulars are issued 90 months after GST rollout

Live Mint  

Congress leader Pawan Khera on Thursday took a swipe at Union Finance Minister Nirmala Sitharaman over Goods and Service Tax and said that even 90 months after the implementation of GST, new circulars are being issued. Speaking to ANI in Rajasthan, Khera referred to GST as Gabbar Sitharaman Tax, and said it has affected everyone. The tax that should have …

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
Trending News
2 months, 2 weeks ago

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe

Live Mint  

A United States Congressman has warned the ongoing Joe Biden administration of risking America's critical alliance with India over its decision to investigate the activities of Indian billionaire Gautam Adani. Terming it “selective”, the US lawmaker said such actions could risk damaging critical alliances with key partners such as India. In a letter to US Attorney General Merrick B Garland, …

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe
2 months, 2 weeks ago

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe

Hindustan Times  

Republican lawmaker Lance Gooden has slammed the Joe Biden administration for investigating Indian billionaire Gautam Adani, warning it could strain key alliances. Lance Gooden, in a letter to US attorney general Merrick B Garland, questioned, “What will the US do if India refuses an extradition request?” The Congressman has sought answers on the justice department's ‘selective actions’ against foreign entities, …

Both Houses adjourned for the day amid Oppn uproar
3 months, 3 weeks ago

Both Houses adjourned for the day amid Oppn uproar

Deccan Chronicle  

Both houses of the parliament were suspended temporarily on Thursday within minutes of opening as opposition lawmakers disrupted proceedings for the third day this week seeking a discussion on allegations against the Adani Group.U.S. authorities have accused Gautam Adani, his nephew Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
3 months, 3 weeks ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

New Indian Express  

WASHINGTON: The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, a five-count criminal …

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
4 months ago

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

Associated Press  

NEW DELHI — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The …

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis
Trending News
4 months ago

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis

Hindustan Times  

Gautam Adani indicted: The White House said it is aware of the allegations against Indian billionaire Gautam Adani, chairman of Adani Group, who was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme. US prosecutors said Gautam Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in …

OPINION | Adani and Modi: Coincidence or Conspiracy?
Trending News
4 months ago

OPINION | Adani and Modi: Coincidence or Conspiracy?

India TV News  

The indictment of billionaire Gautam Adani by US prosecutors in a New York court has become a hot political issue in India. Taking a cue, Leader of Opposition in Lok Sabha Rahul Gandhi launched an attack on Prime Minister Narendra Modi and demanded Adani's arrest and interrogation. US Department of Justice charged Gautam Adani, his nephew Sagar Adani and a …

Stickiness of shame in the US and India
4 months ago

Stickiness of shame in the US and India

New Indian Express  

Waves of joy-and-gloating or fear-and-loathing are sweeping America every day—depending upon one’s political allegiance—as president-elect Donald Trump announces bizarre appointments for his government. But this week brought exotic news to Americans when law officers in New York indicted the Adani Group for alleged wire and securities fraud, $250 million in bribes to secure contracts for Adani Green Energy in India, …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
Trending News
4 months ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. Gautam Adani and Jagan Mohan Reddy SECI is a public sector entity and arm of the Indian government responsible for implementing Centre schemes related to renewable energy, including funding large solar projects. According to …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
4 months ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. Gautam Adani and Jagan Mohan Reddy SECI is a public sector entity and arm of the Indian government responsible for implementing Centre schemes related to renewable energy, including funding large solar projects. According to …

Vindicates demand for JPC probe: Congress on US indicting Adani over alleged bribery, fraud
4 months ago

Vindicates demand for JPC probe: Congress on US indicting Adani over alleged bribery, fraud

New Indian Express  

NEW DELHI: With billionaire Gautam Adani charged in the US with alleged bribery and fraud, the Congress on Thursday said it "vindicates" its demand for a Joint Parliamentary Committee investigation into the various "scams" involving his conglomerate. Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay over USD 250 million bribe to …

Bribery charges against Adani: BJP slams Congress, questions timing of development
4 months ago

Bribery charges against Adani: BJP slams Congress, questions timing of development

New Indian Express  

NEW DELHI: The BJP on Thursday targeted the Congress over its attack on the central government after US prosecutors charged industrialist Gautam Advani with bribery and fraud, saying all the states mentioned in the indictment were at that time ruled by opposition parties. "That the Congress is willing to be a prop in the hands of George Soros and his …

U.S. charges Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
4 months ago

U.S. charges Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

The Hindu  

Indian businessman Gautam Adani who is one of the world’s richest people has been indicted in the U.S. on charges he duped investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Mr. Adani and his co-defendants sought to “obtain and finance massive state energy supply contracts through corruption …

US lawmakers urge Donald Trump administration to restore India's trade privileges
5 years, 6 months ago

US lawmakers urge Donald Trump administration to restore India's trade privileges

India Today  

Forty-four members of the US Congress have urged President Donald Trump's trade representative to restore trade concessions to India, saying the withdrawal of the privilege had led to retaliatory tariffs from New Delhi which were hurting U.S. industry. In the letter addressed to United State Trade Representative Robert Lighthizer and dated Sept. 17, the members of Congress said: "Just as …

Prakash Javadekar says Gujarat has rejected Rahul, Congress' politics of hypocrisy
7 years, 4 months ago

Prakash Javadekar says Gujarat has rejected Rahul, Congress' politics of hypocrisy

Firstpost  

With Congress vice-president Rahul Gandhi pushing for rationalisation of Goods and Services Tax rates, Union HRD Minister Prakash Javadekar on Sunday said Congress leaders are “hypocrites” as they support the indirect tax at GST Council meets but speak against it in public. Ahmedabad: With Congress vice-president Rahul Gandhi pushing for rationalisation of Goods and Services Tax rates, Union HRD Minister …

Delhi Congress to launch anti-GST campaign to raise awareness on adverse effects of tax scheme
7 years, 7 months ago

Delhi Congress to launch anti-GST campaign to raise awareness on adverse effects of tax scheme

Firstpost  

The Delhi Congress will launch a week-long anti-GST campaign on 30 July at all the major markets of the city, intensifying its agitation against the “wrong implementation” of the new tax regime, it said on Monday New Delhi: The Delhi Congress will launch a week-long anti-GST campaign on 30 July at all the major markets of the city, intensifying its …

Will GST be demonetisation 2.0? Ready or not, businesses brace for biggest-ever tax reform
7 years, 8 months ago

Will GST be demonetisation 2.0? Ready or not, businesses brace for biggest-ever tax reform

Firstpost  

GST will push up costs for small businesses, but they are not sure about income Meerut: Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust. Jain is one of millions of small …

GST Bill debate LIVE: Lok Sabha passes all four Bills
7 years, 11 months ago

GST Bill debate LIVE: Lok Sabha passes all four Bills

Business Standard  

GST Bill debate: Congress' Veerappa Moily says Rajya Sabha undermined by government, all members should resign Congress on GST Bill: As we already told you, one nation, one tax has remained a myth 7 hours allotted for landmark tax reform as Modi govt eyes July 1 launch Would like Finance Minister to clarify how tax compliance will be simplified: Veerappa …

GST imbroglio: CEA Arvind Subramanian offers an economic solution to Modi’s political problem
9 years, 3 months ago

GST imbroglio: CEA Arvind Subramanian offers an economic solution to Modi’s political problem

Firstpost  

The Subramanian panel has brightened the chances of a consensus on the GST issue in the Winter Session and it is up to Modi to use this opportunity Chief Economic Advisor Arvind Subramanian’s recommendations on the Goods and Services Tax Bill offer the much-needed, more-feasible economic solutions to resolve the long-standing political deadlock between the BJP and the Congress on …

Fate of GST Bill depends on ‘intolerance’ debate
9 years, 3 months ago

Fate of GST Bill depends on ‘intolerance’ debate

The Hindu  

The Congress has decided not to engage with the ruling BJP on the contentious Goods and Services Tax Bill until the issue of “intolerance” is debated in Parliament from Monday. The decision to loosen up its demands or resist the Bill will depend on whether the Congress will come out looking good from the “intolerance” debate, a senior leader told …

PM Modi reaches out to Sonia, Manmohan to break GST deadlock
9 years, 3 months ago

PM Modi reaches out to Sonia, Manmohan to break GST deadlock

India TV News  

New Delhi: In a bid to end the logjam and the passage of crucial GST bill and other key bills that is pending in Parliament, PM Narendra Modi met with top Congress leaders at his residence. Sonia Gandhi and Manmohan Singh were invited by PM Modi at his Race Course Road residence yesterday over tea around 7 PM. Jaitley, who …

GST Bill is 'in interests of the nation', says PM Modi, appeals to Opposition leaders to help pass it
9 years, 3 months ago

GST Bill is 'in interests of the nation', says PM Modi, appeals to Opposition leaders to help pass it

Firstpost  

Appealing to the Opposition for cooperation on the eve of the Winter Session of Parliament, Prime Minister Narendra Modi on Wednesday made a strong pitch for early passage of the Goods and Services Tax, saying it will be in the interests of the nation. New Delhi: Appealing to the Opposition for cooperation on the eve of the Winter Session of …

Willing to reach out to Congress on GST: Jaitley
9 years, 3 months ago

Willing to reach out to Congress on GST: Jaitley

The Hindu  

Union Finance Minister Arun Jaitley said on Tuesday that he was willing to reach out to the Congress on the Goods and Services Tax Bill, but added the party that ruled India for almost half-a-century must not pursue a model that would create a defective tax regime. “It would be unfair to the country to impose, in the name of …

Narendra Modi government needs to take steps on economic reforms, GST: Nisha Desai Biswal
9 years, 6 months ago

Narendra Modi government needs to take steps on economic reforms, GST: Nisha Desai Biswal

India TV News  

Washington: The Modi government has kindled huge interest in the US private sector on India but needs to take steps on economic reforms, including the key GST bill, as creating a more transparent and predictable tax structure is critical, a top Obama Administration official has said. " Modi has taken a big stand on the global stage on essentially talking …

'PM Modi is greatest brand ambassador for India in attracting economic interest'
9 years, 6 months ago

'PM Modi is greatest brand ambassador for India in attracting economic interest'

India TV News  

Washington: The Modi government has kindled huge interest in the US private sector on India but needs to take steps on economic reforms, including the key GST bill, as creating a more transparent and predictable tax structure is critical, a top Obama Administration official has said. " Modi has taken a big stand on the global stage on essentially talking …

Modi govt needs to take steps on economic reforms, GST: Biswal
9 years, 6 months ago

Modi govt needs to take steps on economic reforms, GST: Biswal

India TV News  

Washington: The Modi government has kindled huge interest in the US private sector on India but needs to take steps on economic reforms, including the key GST bill, as creating a more transparent and predictable tax structure is critical, a top Obama Administration official has said. " Modi has taken a big stand on the global stage on essentially talking …

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