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Taxing P-Notes on back burner
This follows a renewed effort by CBDT to seek clarification on the issue.

US court denies bail to Rana; says he could flee
Pakistan-born Canadian Tahawwur Rana, accused of plotting terror attacks in India and Denmark, was today denied bail by a US court, which said if released he may flee the country to avoid a possible 30-year jail term.

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Maruti India expects double-digit growth
The country’s largest car manufacturer, Maruti Suzuki India, expects double digit growth over the next few months.
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Raj Bhavan hopes

Three states, Andhra Pradesh, Rajasthan and West Bengal, don’t have governors. ND Tiwari resigned and vacated the Raj Bhavan in Hyderabad recently. Gopal Krishna Gandhi quit the Raj Bhavan in Kolkata and Jaipur is vacant after the death of former foreign secretary SK Singh. The result is that various people in the race are making rounds of politicians they think will give them a leg-up to the post. Finance Minister Pranab Mukherjee’s residence is obviously one pilgrimage centre. Watch this space for more on this front.


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