Officials can deny benefits on Mauritius-routed investments if tax relief found sole motiveIndia has implemented a Principal Purpose Test in the India-Mauritius Double Taxation Avoidance Agreement. This test allows tax authorities...
15 Oct, 2026, 09.55 AM IST
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
15 Oct, 2026, 05.30 AM IST
'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
14 Oct, 2026, 10.31 PM IST
Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
14 Oct, 2026, 08.56 PM IST
Government mulls further tightening of FDI norms in tobacco sector: SourcesThe Indian government is evaluating a proposal to restrict foreign direct investment in the tobacco sector. This initiative aims to tighten...
14 Oct, 2026, 05.24 PM IST
Behind big billions, the China hedge begins to take shape in IndiaHyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufa...
14 Oct, 2026, 02.51 PM IST
Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stakeIn a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of...
14 Oct, 2026, 01.57 PM IST
Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...
14 Oct, 2026, 12.54 AM IST
India draws $351 billion in greenfield FDI, outpaces ChinaSpeaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors am...
13 Oct, 2026, 07.37 AM IST
DBS Chief sees overseas confidence in India despite capital outflow concernsDBS Bank CEO Tan Su Shan emphasized the strong demand for FCNR(B) deposits as investor confidence in India. She highlighted India's potenti...
12 Oct, 2026, 12.01 AM IST
DBS CEO cites FCNR(B) success as proof of global faith in India, calls for more FDIDBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She empha...
11 Oct, 2026, 03.16 PM IST
FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperationFinance Minister Nirmala Sitharaman visited Singapore from October 9 to 11 for official discussions. She met President Tharman Shanmugaratn...
09 Oct, 2026, 08.09 PM IST
Sharjah eyes $3 billion Indian investment as ports shift amid Hormuz disruptionSharjah is anticipating significant investment from India, targeting $3 billion between 2026 and 2027. The expansion of Khorfakkan port is ...
08 Oct, 2026, 07.08 PM IST
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
06 Oct, 2026, 04.23 PM IST
Global bond yields put emerging markets on edge, but India’s FDI pull stays strong: DEA Secretary Anuradha ThakurRising global bond yields and surging capital demand from the AI investment cycle could increase funding pressures for emerging markets, Ec...
04 Oct, 2026, 10.29 PM IST
India's net claims of non-residents rise to USD 220.3 billion in June 2026: RBINet claims of non-residents on India increased significantly in the first quarter of FY26-27. The rise was driven by an increase in externa...
30 Sep, 2026, 07.29 PM IST
India’s FDI equity inflows rise 6% to $19.8 billion in Q1FY27; Japan tops, US plunges 76%India’s FDI equity inflows rose 6% to $19.81 billion in April-June FY27, led by Japan at $5.7 billion, while US inflows fell 76% to $1.34 b...
26 Sep, 2026, 06.28 AM IST