After years, government looks to revamp investment treaty

The model treaty provisions require foreign investors to exhaust domestic legal remedies for five years before seeking international arbitration to resolve disputes. NEW DELHI: After years of discussion, government has finally got down to reviewing the model bilateral investment treaty (BIT), often cited as a roadblock to attracting investments.“The BIT is under review, and we…

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In 1802, a French explorer released pigs on Kangaroo Island; 224 years later, Australia has finally removed them

Kangaroo Island free from feral pigs after successful eradication program In 1802, a French explorer released pigs on Kangaroo Island as a food supply for passing sailors; 224 years later, Australia has officially removed the last of them.Kangaroo Island has been declared completely free of feral pigs, making it the largest island anywhere in the…

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‘Get Harshit Rana and Rinku Singh’: Ashwin names Mumbai Indians’ ideal Hardik Pandya trade | Cricket News

Hardik Pandya (PTI Photo) Speculation over Hardik Pandya’s future with the Mumbai Indians continues to grow, and former India spinner Ravichandran Ashwin has weighed in with his own assessment of how a potential blockbuster IPL trade could unfold.Pandya’s future has been the subject of intense discussion following another disappointing campaign for Mumbai Indians. Under his…

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Indian national Nikhil Gupta’s sentencing in Gurpatwant Pannun murder plot case delayed to November 20

Gurpatwant Pannun murder plot case delayed to November 20. A US federal court has delayed the sentencing of Nikhil Gupta, who pleaded guilty to plotting to assassinate Sikh separatist Gurpatwant Singh Pannun to November 20, according to court filings.Gupta’s sentencing was originally scheduled for September 25 before the US District Court for the Southern District…

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Safety, profitability top priorities: Air India CEO designate

NEW DELHI: “Safety, reliability, profitability and pursuing disciplined and sustainable growth.” Air India‘s CEO and MD (proposed) Tewolde Gebremariam on Monday set these priorities out for the struggling airline group in his first Town Hall with employees. Apart from widening losses, AI’s safety practices and alleged lack of discipline among crew are under the scanner…

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He put Rs 2.61 crore in online rummy and poker but lost Rs 28 lakh; taxman sought tax on Rs 2.33 crore, why ITAT Bangalore rejected demand

The Income Tax Department had focused on the gross winnings figure without taking into account the corresponding buy-ins. (Image for representative purpose only) You play online games – you win some money and you lose some money. How does the taxation on your wins and losses work? The Income Tax Appellate Tribunal (ITAT) Bangalore has…

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