India-Nepal relations offer limitless potential, says Rajnath Singh

India-Nepal relations offer limitless potential, says Rajnath Singh


Relations between India and Nepal offer limitless potential, Defence Minister said after meeting Nepalese Foreign Minister Pradeep Kumar Gyawali here on Saturday.


Gyawali, accompanied by Nepalese Foreign Secretary Bharat Raj Paudyal, arrived here on Thursday on a three-day visit.



On Friday, he held wide-ranging talks with External Affairs Minister S Jaishankar covering the entire expanse of bilateral ties.


“Had a wonderful meeting with the Foreign Minister of Nepal, Shri @PradeepgyawaliK today. India’s relations with Nepal are not limited to governments in both the countries but it is driven by the people of the both the nations. India-Nepal relations offer limitless potential,” Singh tweeted.


Ties between India and Nepal came under severe strain after Nepal last year published a new political map that showed the three Indian territories — Limpiyadhura, Kalapani and Lipulekh — as part

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In the News: 2nd Round of PPP Loans Now Being Issued

In the News: 2nd Round of PPP Loans Now Being Issued

Small businesses across the US which continue to be harshly affected by the coronavirus pandemic or are still trying to recover got a little bit more good news this week. A second round of PPP loans are now being awarded.

The popular Paycheck Protection Program helped fund millions of small businesses in 2020, providing them with some capital to keep employees on their payroll while government-ordered virus mitigation efforts forced them to close their doors to customers.

However, those funds only lasted a limited amount of time. And now, after months of negotiations in Washington DC, the PPP loans are available once again.

Find out what’s different with this new round of PPP loans and who’s lending in our report from earlier this week:  Second Round of PPP Loans Now Available.

Also, check out the rest of this week’s big news in our weekly roundup below …



Small Business

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CBDT relaxes requirement of remunerating fund managers of offshore funds

CBDT relaxes requirement of remunerating fund managers of offshore funds


The Central Board of Direct Taxes (CBDT) has relaxed the requirement of remunerating of certain offshore funds because of the amended Rule 10V for availing the special taxation regime under Section 9A.


The Section provides for a special taxation regime in respect of certain offshore funds in the context of their being located in India.



The has stated that for financial years 2019-20 and 2020-21 in cases where the remuneration paid to the fund manager is lower than the amount of remuneration prescribed under sub-rule (12) of Rule 10V, but is at arm’s length, there is no need to take nod for that lower amount to be the amount of remuneration.


However, the board’s permission will be required from FY21-22 if fees paid to the manager are lower than the prescribed amount.

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Mining reforms: Industry gives a thumbs up, environment concerns remain

Mining reforms: Industry gives a thumbs up, environment concerns remain


The Union Cabinet approved a slew of reforms in the sector this week. While the fine print and official confirmation is yet to come, the industry is elated at the steps taken by the Centre. However, there could be concerns on the implementation at the state level and environmental impact.


“Directionally it is a good set of reforms, but since implementation of the same is with state governments, the key lies in how each state government executes it at its end. Even today for a final go or no go—in terms of approvals, it takes about 3-4 years and this scares away investors,” said Ritabrata Ghosh, assistant vice president (Corporate Ratings & Industry Research) at ICRA Ltd.


This paper reported on Wednesday that the Union Cabinet is learnt to have approved a reform package for the mineral sector which would entail amendments

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Arjun Tendulkar makes Mumbai senior team debut

Arjun Tendulkar makes Mumbai senior team debut


Budding left-arm pacer Arjun Tendulkar, who is the son of iconic former batsman Sachin Tendulkar, made his Mumbai senior team debut on Friday in an Elite E League group match of the Syed Mushtaq Ali Trophy against Haryana here.


The match is being played at the suburban BKC ground and Mumbai, after winning the toss, are batting first. The 21-year-old Arjun now qualifies for the IPL auctions, as he has made his debut for the Mumbai team.


Tendulkar junior was added to the Mumbai squad, along with another pacer Krutik Hanagavadi, by the Salil Ankola-led selection committee, after the BCCI permitted a total of 22 players to be selected.


Over the years, Arjun has been playing age-group tournaments for Mumbai and has also been a part of the team, which plays invitational tournaments.


The budding pacer has seen bowling to

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Don’t Make These Cybersecurity Mistakes in Your Business in 2021

Don’t Make These Cybersecurity Mistakes in Your Business in 2021

Data privacy and cybersecurity became buzzwords in 2020, and for good reason. Due to bad privacy practices and cybersecurity mistakes, businesses both big and small were affected by data security vulnerabilities.

Data breaches such as the Solar Winds hack, Nuclear Weapons Agency Breach, and Clearview AI’s entire client list being stolen were just a few results of software vulnerabilities. Hackers gained access to T-Mobile’s employees’ email accounts, compromising customer and employee data, and Nintendo left 160,000 users vulnerable from a massive hijacking campaign.

Even Twitter experienced a large phishing attack that resulted in penetration tools being stolen. The number of attacks were ample, proving that businesses must take cybersecurity and data privacy more seriously.

Companies Don’t Inform Customers About Tracking

To find out how businesses protect and treat data, Zoho conducted a privacy survey among more than 1,400 business leaders at companies of various sizes and industries. Surprisingly, 62% of

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