Cuban foreign minister

The government has made it mandatory for e-commerce companies like Amazon and Flipkart to submit FDI policy compliance report by statutory auditor by September 30 every year, a move aimed at ensuring that they follow all the norms properly. As per the government notification issued on Thursday, e-commerce companies have to obtain statutory auditor report by September-end for the preceding financial year. Section 15 of the Foreign Exchange Management Act (FEMA) deals with e-commerce entities. "Against Sl. No. 15.2.3, for entry (p), the following entry shall be substituted, namely-(p) e-commerce marketplace entity with FDI shall have to obtain and maintain a report of statutory auditor by 30th of September every year for the preceding financial year confirming compliance of the e-commerce guidelines," the gazatte notification said According to government sources, this decision will help in ensuring compliance of FDI policy in the e-commerce sector. The move will raise compliance … [Read more...] about Govt asks e-commerce firms to file FDI compliance report annually

Video PlayerClose SEOUL, Dec. 6 (Xinhua) -- The Democratic People's Republic of Korea (DPRK) and the United States seemed to still have differences in negotiations for the denuclearization of the Korean Peninsula, South Korea's unification ministry said Friday. Kim Eun-han, a deputy spokesperson of the unification ministry, told a press briefing that it seemed that the DPRK and the United States still had differences in positions for denuclearization negotiations, considering the statements recently announced by the DPRK. Kim said South Korea anticipated an advance in the DPRK-U.S. denuclearization talks for the settlement of lasting peace on the peninsula, noting that the country will make its best diplomatic efforts to achieve it. The comment came after Choe Son Hui, first vice foreign minister of the DPRK, expressed displeasure on Thursday over U.S. President Donald Trump's recent remarks on the possible use of force against Pyongyang. Trump said during a North Atlantic Treaty … [Read more...] about DPRK, U.S. seem to still have differences in denuke talks: S.Korea

NEW DELHI: Finance Minister Nirmala Sitharaman made a stellar Budget debut as she presented the vision of the second term of the Narendra Modi government. With the Indian economy expected to reach $3 trillion this year, the 59-year-old FM began her speech with the call for "reform, perform and transform", saying that the Government had proved that the three aspects can together lead to success. Invoking Swami Vivekananda an hour into her speech, she reiterated that India's tradition is steeped in "Nari tu Narayani" (Oh, woman, you are a goddess). She recalled Swamiji's words to his mentor and guru, Sree Ramkrishna Deb, that "there is no chance of welfare in the world unless the condition of women in India is improved." Sitharaman stressed on how women can play a crucial role in improving the financial status of rural India, and how their contribution has been significant in every segment. To empower women financially, Sitharaman announced an overdraft facility of Rs 5,000 for all … [Read more...] about Budget debut: Nirmala Sitharaman bats for women-led initiatives, empowerment; wants AI, VR, big data-driven economy

Video PlayerClose ASUNCION, July 29 (Xinhua) -- Paraguay's Foreign Minister Luis Alberto Castiglioni, and its ambassador to Brazil Hugo Saguier Caballero resigned on Monday in the wake of the fallout from a secret energy deal with Brazil. Paraguay's President Mario Abdo Benitez accepted their resignation amid public outcries over the bilateral agreement that was reached in May but only made public recently, after parts of the deal were leaked last week. The energy purchase agreement centered on the Itaipu hydroelectric plant which straddles the two countries, and had been criticized as harmful and costly for Paraguay. Two other officials -- the Paraguayan Director of Itaipu Binacional Jose Alberto Alderete and President of the National Electricity Administration (ANDE) Alcides Jimenez -- have also resigned. Jimenez was just recently appointed to the job. ANDE's former President Pedro Ferreira had quit in protest of the agreement. The bilateral accord, which established Paraguay's … [Read more...] about Paraguayan FM, ambassador resign over secret deal with Brazil

Video PlayerClose ​HELSINKI, Dec. 2 (Xinhua) -- Finland's second International Gender Equality Prize has been awarded to Equality Now, a global non-governmental organization, in recognition of its prominent work in combating gender inequality and changing discriminatory laws across the globe, the Finnish government said on Monday. ​Yasmeen Hassan, global executive director of Equality Now, received the prize on behalf of her organization at the award ceremony held in Tampere, western Finland, on Monday afternoon. ​"Equality for women and girls is the solution to some of the biggest challenges the world is facing today," said Hassan, adding that it is the smartest investment for humanity. ​ Foreign Minister Pekka Haavisto, who chaired the jury, said that the main obstacles for progress in global gender equality were negative attitudes and structures. Discriminatory laws and practices still exist in all countries of the world, he said. ​"The effectiveness … [Read more...] about NGO Equality Now receives Finland’s International Gender Equality Prize