$1.4 billion Cairn arbitration award: Nirmala Sitharaman says it's her duty to appeal

Union finance minister Nirmala Sitharaman on Friday indicated the government will appeal against an arbitration panel asking India to return $1.4 billion to UK's Cairn Energy Plc. When asked about a retrospective decision on Cairn Energy, Sitharaman said it is her "duty" to appeal in cases where the nation's sovereign authority to tax is questioned.

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