November 06, 2024 05:42 (IST)
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Cairn legal dispute: Indian govt slams media reports claiming PSU banks asked to withdraw funds from foreign accounts

New Delhi/IBNS: The Centre has taken strong exception to the media reports that allegedly claimed that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the Cairn legal dispute, a Finance Ministry statement said Sunday.

Indian govt to challenge Hague tribunal's award in favour of Cairn

The Hague/IBNS: India is believed to have challenged the decision of a three-member tribunal at the Permanent Court of Arbitration at The Hague dismissing its Rs 10, 247 crore tax claim on Cairn Energy Plc, said media reports.