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FOREIGN DIRECT INVESTMENT IN INSURANCE
India’s outward FDI falls 14% to $4.34 billion in September as loans, guarantees declineOutward foreign direct investment from India reached $4.34 billion in September, which is a 14% increase from last year. However, this figu...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday KotakUday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned th...
NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
ED moves SC against Delhi HC order quashing PMLA case against news portal NewsClickThe Enforcement Directorate has challenged a Delhi High Court ruling that dismissed a money laundering case against NewsClick. The high cou...
Gross FDI inflows to India fall to $11 billion in AugustGross foreign direct investment (FDI) to India decreased to $11 billion in August, from $14 billion a month ago. Net FDI to India slows $3 ...
English Court of Appeal dismisses India's appeal in dispute with UAE-based RAKIAThe English Court of Appeal has dismissed India's challenge to an arbitral tribunal's jurisdiction over a dispute brought by Ras Al Khaimah...
International investing for Indians: Mutual funds, GIFT City or direct stocks?Indian investors have several ways to access global markets, from domestic international mutual funds and GIFT City-based funds to direct o...
Insurers nearly double private credit fund investmentsOver the past two years, insurance companies have notably enhanced their engagement with private credit funds as a strategy to diversify in...
RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawalsThe Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to...
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
Germany's Merz touts defence, AI and chip investment drive in pitch to investorsGermany aims to quadruple its artificial intelligence computing capacity by 2030 as part of a broader push to strengthen technological comp...
RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressureThe Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collec...
Maharajah Bonds gain investor appeal with TDS exemptionIn a notification dated October 19, the Central Board of Direct Taxes (CBDT) said no tax would be deducted at source on interest paid to el...
Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
India sixth among major investment partners in Trump's $11.3 trillion US investment push: White HouseUnder Donald Trump's administration, the United States secured USD 11.3 trillion in investments from various countries. Among these, India ...
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...
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...