India presents a compelling investment proposition for German firms, FICCI saysIndian industry is poised for growth as German companies are encouraged to invest in manufacturing capacities. The upcoming India-European ...
India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the clubVietnam recently signed a free trade agreement with the European Free Trade Association, expanding its trade network. This agreement comes ...
IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoYIDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying pro...
Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...
India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expertIndia needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be...
India's agriculture sector can benefit from Canadian fertilisers, Fairfax keen to expand investments: Canada Trade MinisterIndia could gain significant agricultural advantages from Canadian fertilisers and potash to enhance crop yields. Recent agreements between...
India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI BankIndia's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices an...
India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
Barclays India appoints Bank of America's Sonali Sharma as legal headSonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...
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...
'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...
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
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...
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...
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...
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...