Sunday, October 28, 2012

FDI into India from low-tax regimes such as Mauritius, Singapore and Cyprus has accounted for 52.6 % of the total in flows into the country

NEWSPAPERS HEADLINES

Most newspapers highlight the major Cabinet revamp, scheduled for this morning. "At least a dozen new faces, promotion for Ministers of State, and changes in portfolios of senior ministers likely today", reports the Indian Express. The Times of India writes "Upgrade for Salman Khursid and Rahul's boys likely".

" Mulayam, Bardhan eye 'Third alternative",  writes the Sunday Tribune, adding - with the political temperature set to rise in the coming days, leaders of the Samajwadi party, Telugu desam and the Left parties came together yesterday - to search for an 'alternative' political platform.

Hindustan Times writes- Homes that have more than one  subsidized LPG connection need to watch out as the Petroleum Ministry and Oil marketing firms have identified 26 million such connections, that run the risk of being disconnected over the next 3 months.

Myanmar's icon of freedom Aung San Suu Kyi  is all set to visit India mid November for her first trip in 40 years. The Nobel Prize winner is keen to visit the worlds largest democracy, where she is scheduled to deliver the Jawaharlal Nehru Memorial lecture.

Business Line of the Hindu informs us that FDI into India from low-tax regimes such as Mauritius, Singapore and Cyprus has accounted for 52.6 % of the total in flows into the Country - in the first four months of the current fiscal.

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