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INVESTING RULES
Amazon, Microsoft cloud computing services should fall under EU tech rules: regulatorsEU antitrust regulators have preliminarily identified Amazon Web Services and Microsoft Azure as 'gatekeepers' under the Digital Markets Ac...
Saudi Arabia introduces online portal for foreign property ownershipSaudi Arabia has unveiled a new digital platform, "Saudi Properties," simplifying foreign property ownership. This initiative, aligned with...
What should Dubai residents know about new ‘flexi rent’ plan that will allow tenants to pay monthlyDubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in monthly, quarterly, or semi-annua...
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
India rewrites telecom rulebook, replacing licence contracts with statutory authorisationsNew government rules replace the telecom industry's contractual licensing with a unilateral statutory model. Operators will now receive aut...
NFO Update: Tata AIA Life Insurance launches Multifactor Index FundTata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participa...
Assam Cabinet approves land law amendments to boost investmentAssam's Cabinet greenlit a bill to boost industrial investment by easing land reclassification for sectors like MSMEs and solar energy. Fai...
Sebi proposes common advertising code for brokers, mutual funds, may allow celebrity endorsementsSebi has proposed a common advertising code for brokers, mutual funds, investment advisers and other regulated entities, aiming to simplify...
Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
Oman eases residency rules for foreign investors, expands family sponsorship eligibilityOman is boosting its appeal to foreign investors and property buyers with significant reforms to its residency laws. New "Owner Visas" simp...
West Bengal plans new law to curb ‘syndicate charges’ and improve ease of doing businessWest Bengal's new government has unveiled a budget prioritizing North Bengal, tourism, and industry, with a significant move to combat 'syn...
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
Eastern India remained backward during Congress rule, now emerging as gateway to development: PMPrime Minister Narendra Modi declared eastern India, once neglected under Congress, is now a hub of progress. Addressing a Rairangpur gathe...
New RBI rules for NRIs and OCIs: Key changes in investments, NPS and money transfers
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Govt notifies rules to lift investments by persons resident outside IndiaIn an exciting development, India has relaxed its investment rules, making it more convenient for foreign investors to dive into its dynami...