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| India ignored warnings on foreign investor tax row - sources |
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 By Himank Sharma and Rafael Nam MUMBAI (Reuters) - The Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign investors if it had acted on regular warning letters that officials had been sending since as long ago as September. The warnings went unheeded, according to senior sources in the tax department and finance ministry, until the dispute with overseas investors over the imposition of the minimum alternate tax (MAT), which had not previously been applied to them, hammered the country's stock and bond markets and dented the business-friendly image of Prime Minister Narendra Modi. Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion.
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| U.S. fears Shi'ite militias could worsen Iraqi sectarian fires |
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| By Mark Hosenball, Arshad Mohammed and Phil Stewart WASHINGTON (Reuters) - The use of Shi'ite militias to try to take back the Iraqi city of Ramadi from Islamic State risks unleashing more sectarian bloodletting, current and former U.S. officials said, but Washington and Baghdad appear to have few other options. The prospect of Iranian-backed militias leading efforts to retake Ramadi underlines Washington's dwindling options to defeat Islamic State in Iraq, with Prime Minister Haider al-Abadi's grip on power weak, a national army still in its infancy and Tehran increasingly assertive. |
| Former Thai PM banned from travelling abroad at start of trial |
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 By Aukkarapon Niyomyat BANGKOK (Reuters) - Former Thai Prime Minister Yingluck Shinawatra was banned from travelling overseas on Tuesday at the start of her trial on negligence charges, the latest in a slew of cases her supporters say are part of an attempt to tighten the junta's grip on power. Yingluck was forced from office a year ago after Thailand's Constitutional Court found her guilty of abuse of power. Around 200 supporters showed up outside the court on Tuesday.
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| Ousted Thai PM Thaksin says no plans to mobilise supporters |
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| By James Pearson and Sohee Kim SEOUL (Reuters) - Thailand's fugitive former prime minister, Thaksin Shinawatra, said on Tuesday he had no plans to mobilise his "Red Shirt" supporters but called the first year of the junta government which came to power in a coup "not so impressive". Thaksin, who lives abroad to avoid a jail sentence handed down for graft in 2008, has rarely spoken about Thai politics since the military toppled the remnants of the government of his sister, Yingluck Shinawatra, a year ago. Thaksin, who was in the South Korean capital to speak at a conference, told Reuters there was no plan for his son, Oak, to take over leadership of the Puea Thai Party. |
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