India, China May Resume Military Exercises From 2013

India and China are likely to take a decision over military exercises during the five-day visit of China's Defense Minister General Liang Guanglie, who will arrive on Sunday to discuss more Confidence Building Measures (CBMs) to be adopted between the two nations. Sep 2, 2012

Expert Panel Proposes Deferment of GAAR till 2016

An advisory panel on General Anti Avoidance Rules (GAAR) set up Prime Minister Manmohan Singh recommended the postponement of the controversial prevention of tax evasion rule to be put off until 2016-17, in a move that will ease foreign investor worries about investing in India. Sep 2, 2012

BJP Scales Down PM Resignation Demands; Seeks Cancellation of Coal Allotments

With the Parliament impasse showing no signs of a closure, Leader of the Opposition in the Lok Sabha Sushma Swaraj on Saturday night indicated that the Opposition has softened its stand on the resignation of Prime Minister Manmohan Singh, and is now demanding for cancellation of allotted licenses and an independent judicial probe in the alleged Coalgate scam. Sep 2, 2012