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India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...- I-T likely to send notices over undisclosed foreign propertyThe Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through ...
- Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
- China blue-chip index confirms bear market as AI stocks slumpThe CSI300 Index dropped 1.8% to close at 4,036.30, its lowest level since July 2025. It is now 20.2% below its most recent closing peak on...
- China blue-chip index confirms bear market as AI stocks slumpChina's CSI300 Index fell by 1.8% to reach a 15-month low, confirming a bear market status. The Shanghai Composite Index similarly decrease...
- Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
- GreatWhite brothers settle dispute as Mehul Shah’s family buys Hemang’s 50% stakeThe ownership dispute at GreatWhite Global Pvt. Ltd. has concluded with a stake acquisition by Mehul Shah's family. Hemang Shah's family re...
- In 2026, Kofi Asante-led Bluecore Energy raised $50 million to put small nuclear reactors on floating bargesA nuclear power plant that floats on water and sends electricity to shore may sound unusual, but one startup wants to make it a reality. Bl...
- Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
- Dollar firmer, euro weakens as French protests turn violentIn Asia, the dollar saw a minor uptick as unrest in France put pressure on the euro, causing a small decline. Emerging market currencies, n...
- Florida sinks abandoned 227-foot ship to create artificial reef off Atlantic coast; How the Borocho ship helps rebuild marine lifeThe Borocho, a retired cargo ship, has been purposefully sunk off the Florida coast to establish an artificial reef, a project concluded in...
- Know Your Fund Manager | Aman Chowhan – Senior Fund Manager – Research & Investment at Abakkus Investment ManagersHailing from Raipur and having spent formative years in Mumbai, this finance enthusiast embarked on a journey in equity markets after earni...
- A $3.5 million Jeff Bezos Earth Fund grant targeted LA’s Concrete Wash in 2023; 3 years later, it became a greenwayPacoima Beautiful, a local nonprofit, funded the work using a $3.5 million grant from the Bezos Earth Fund awarded in 2023. That funding di...
- No meddling as 'middlemen' in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exportersThe Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees witho...
- China's central bank to boost support for global investors in financial marketsChina's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross-border financ...
- NFO Insight: Carnelian Small Cap Fund opens for subscription with Rs 5,000 crore size cap. Can it deliver alpha?Carnelian Mutual Fund has launched its new Carnelian Small Cap Fund, now available for investors. Targeting a size cap of Rs 5,000 crore, t...
- US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
- Global Market: Bank of China (Hong Kong) plans $3.3 billion onshore yuan debt issuanceBank of China (Hong Kong) plans to issue up to 22.2 billion yuan in onshore negotiable certificates of deposit in 2026, strengthening fundi...
- 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...
- Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
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