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Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...
Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
Modi, Japan PM Sanae Takaichi may hold talks in Guwahati: HimantaGuwahati may host summit-level talks between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi. Assam is seeking Japa...
FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
Trump administration to revoke citizenship of 17 people, including an Indian-origin businessmanThe US Department of Justice is seeking to revoke the citizenship of 17 naturalized Americans, including an Indian-origin businessman accus...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
Singapore blocks social media posts attacking Indian communitySingapore has ordered social media platforms to block 14 posts, likely from China, that targeted the Indian community and undermined the na...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
R Gandhi calls RBI policy 'on expected lines', sees no immediate rate hike risksThe Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its foreca...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visitIndia and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...
Modi government in panic mode on current economic situation: CongressThe Congress party alleges the Modi government is in panic over the economy. They point to a reported plan to remove capital gains tax on f...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
Iran says Kuwait, Bahrain to blame for US attacksUS-Iran war: Iran has accused Kuwait and Bahrain of allowing the United States to use their territory for attacks. The strikes targeted an ...
ED investigates Vedanta Group for FEMA violationsA Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are...
Govt amends immigration rules: 180-day registration window relaxed, online appeals introducedNew rules for foreigners in India are now in effect. Those on visas for 180 days or less must register before their visa expires to stay lo...
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...