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Tax benefit for loss due to foreign exchange fluctuation - 
The Supreme Court held last week that the loss claimed by a company on account of fluctuation in the rate of foreign exchange as on the date of the balance sheet is allowable as expenditure under Section 37 of the Income Tax Act. The court stated so in the appeal case, ONGC vs Commissioner, where the argument of ONGC was accepted and the view of the authorities was rejected. The judgement also ...
- Found 25 minutes ago

Jamaat shift Says we uphold Constitution - 
The Jamaat-e-Islami Hind, which advocates political Islam and was twice banned, seems to be ditching old beliefs.
- Found 31 minutes ago

Bomb Found Aboard Indian Passenger Plane - 
A crude explosive wrapped in a newspaper was discovered Sunday in the cargo hold of a passenger airliner after its arrival in India, authorities said.
- Found: 1 hour ago

Police discover explosives on flight - 
POLICE in India's tourist resort state of Kerala say they found explosives on airliner.
- Found: 1 hour ago

Explosive on Kingfisher plane causes scare, flyers safe - 
Thiruvananthapuram/Bangalore/New Delhi, March 21 : Twenty-seven passengers had a close shave Sunday when an explosive, a cocktail of sulphur, potassium chlorate and aluminum powder, was found in the cargo section of a Kingfisher flight after it landed in Thiruvananthapuram from Bangalore.
- Found: 1 hour ago

Explosive on Kingfisher causes a scare, passengers safe - 
Thiruvananthapuram, March 21 : Twenty-seven passengers had a narrow escape Sunday when an explosive, a cocktail of sulphur, potassium chlorate and aluminum powder, was found in the cargo section of a Kingfisher flight after it landed here from Bangalore.
- Found: 2 hours ago

Explosive on Kingfisher plane causes scare, flyers safe - 
Twenty-seven passengers had a close shave Sunday when an explosive, a cocktail of sulphur, potassium chlorate and aluminum powder, was found in the cargo section of a Kingfisher flight after it landed in Thiruvananthapuram from Bangalore.
- Found: 2 hours ago

Three from Westpac in the BAG for NAB - 
National Australia Bank raids rival Westpac's Business Acquisition Group (BAG), the team that handles small and medium-sized businesses with between $10 million and $100 million of finance.
- Found: 2 hours ago

World News Quick Take - 
Former Philippine president Joseph Estrada yesterday ignored a fatwa by Muslim elders branding him an enemy of Islam and warned separatist rebels of an “all out war” if he wins re-election to the post.
- Found: 2 hours ago

I have no venture in Kochi bid: Tharoor - 
Kochi, Mar 21 : Minister of State for External Affairs Shashi Tharoor on Sunday denied his involvement in bidding for Kochi based Indian Premier League (IPL) team, but accepted that he did facilitate and encourage the undertaking.
- Found: 2 hours ago