Lee was questioned for 22 straight hours last week as investigators probe a scandal that has reached the highest levels of power in South Korea.The arrest warrant must be approved by a court, an official at Seoul central district court said.
Sterling slid to three-month lows in Asia on Monday with investors again spooked by concerns over Britain's exit from the European Union, while US policy uncertainty lingered ahead of President-elect Donald Trump's inauguration.Regional share markets were hesitant with MSCI's broadest index of Asia-Pacific shares outside Japan up just 0.
Finance Minister Arun Jaitley will today look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.The all-powerful GST Council, headed by Jaitley, will meet for the ninth time on Monday with the issue of who gets to administer the Goods and Services Tax (GST) being the single biggest issue on agenda.
On "Saturday Night Live" this weekend, the former cast member predicted that Donald Trump would bash NBC's longtime sketch comedy show.@NBCNews is bad but Saturday Night Live is the worst of NBC," Trump tweeted.
The release of the group's annual inequality report coincides with the World Economic Forum in Davos.The Oxfam report said that the richest 1% has owned more wealth than the rest of the planet since 2015.
BuzzFeed's decision sparked an intense debate within the journalism community about journalistic ethics and responsibility.A number of outlets, including CNN, had obtained the memos in recent weeks, but they had not published the memos or any specific details from them because the accuracy of the memos' information could not be verified.
But there is a prevailing sense of uncertainty -- "how will Trump treat the press?The White House Correspondents' Association had no immediate comment.
Jaitley in his second Budget speech in February 2015 had announced phasing out of tax incentives with effect from April 1, 2017 and reducing the corporate tax rate from 30 per cent to 25 per cent.Corporate tax accounted for a little less than a fifth (19 per cent) of the government's receipts last fiscal whereas income tax receipts accounted for just 14 per cent of total receipts.
The Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week based on the request of various lenders which have been impacted by demonetisation amid rising bad loans.Saddled with rising bad loans, banks have already made a case for higher capital infusion and it is reflected in their demand sent to the ministry, sources added.
Time for Davos: Business and political leaders from around the world will convene in Davos, Switzerland on Tuesday to kick off the World Economic Forum.Wilbur Ross confirmation: The Senate will decide whether to confirm billionaire investor Wilbur Ross for Commerce secretary on Wednesday.
Under his leadership, China has adopted a more muscular foreign policy, and sought to expand its influence through trade initiatives.One of the few officials who went, financial regulator Fang Xinghai, spent much of his time defending Beijing's botched response to a stock market crash.
Senior journalist Barkha Dutt on Sunday tweeted about her resignation as Consulting Editor of NDTV.Dutt had earlier resigned from her position as Group Editor in NDTV in February 2015.
France has appreciated demonetisation in India, terming it as a "bold" decision which "shows how determined" Prime Minister Narendra Modi is to combat tax evasion, corruption and black money.It shows how determined Prime Minister Modi is to combat tax evasion, corruption and black money.
in will create well over 7,500 temporary jobs for its upcoming sale, and these positions will mostly be in logistics to ensure smooth deliveries.in will host its 'Great Indian Sale' between January 20-22, 2017.
Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.The all-powerful GST Council, headed by Jaitley, will meet for the ninth time tomorrow with the issue of who gets to administer the Goods and Services Tax (GST) being the single biggest issue on agenda.
Mumbai saw 50 per cent decline in fourth quarter sales, Bengaluru 45 per cent, Ahmedabad 43 per cent, Hyderabad 40 per cent, Pune 35 per cent, Chennai 31 per cent and Kolkata 20 per cent.Besides, traction for some marque properties, there were hardly any transactions," he said.
The industry is expecting that there will be exemption of service tax on foreign exchange earned by tour operators for inbound tours," Cox & Kings Ltd CFO Anil Khandelwal told PTI.Keeping this in mind, we are hopeful that the upcoming Union Budget will provide a vital and much needed boost to the sector," Menon said.
Refuting allegations of interference by an RBI union, the finance ministry today said the government fully respects independence and autonomy of the Reserve Bank of India.Consultations mandated by law or as evolved by practice should not be taken as infringement of autonomy of RBI," the ministry said in a statement.
The promotion of Tata veteran Natarajan Chandrasekaran - the well-regarded, high-performing boss of TCS under whom shares have quadrupled - should be no surprise.But the departure of Chandrasekaran, known as Chandra, from the Tata group's most profitable arm still rattled investors.
Indian mutual funds will be allowed to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), the market regulator said on Saturday, a move aimed at boosting investor interest in such alternative investments.The Securities and Exchange Board of India (SEBI) had been working on easing regulations on REITs and InvITs to woo more investors to India's capital-starved property sector.