Thursday, 30 June, 2022
TopicForeign funds

Topic: foreign funds

Nirmala Sitharaman’s new steps to revive growth seen falling short

Economists, finance leaders & industry executives raise questions about the effectiveness of the measures and stress on the need for structural reforms.

Modi govt’s tax for super-rich snares unsuspecting foreign investors

Tax officials have suggested that global funds convert themselves from trusts to corporates as a way to avoid paying the higher surcharge.

CBI searches Delhi, Mumbai offices of Indira Jaising & Anand Grover’s Lawyers Collective

Noted lawyer Indira Jaising’s husband, Anand Grover, was booked by CBI for alleged violations in receiving foreign aid for Lawyers Collective.

Shunned at home, NBFCs are paying more for foreign funds

NBFCs have raised more than $2 billion of overseas bonds & loans in 2019, a record compared with the same period in previous years.

On Camera

YourTurn

Biden calls on Congress to suspend gas tax for three months

Will US craft a new oil compact with Saudi Arabia? Joe Biden may have to eat his own words

Like many, India will be anxiously watching the US-Saudi Arabia summit in Jeddah—knowing its fate is tied to the decisions King Salman and Joe Biden make.
File photo of Isha Ambani, daughter of billionaire Mukesh Ambani | Bloomberg

Mukesh Ambani’s daughter Isha Ambani to be named chair of Reliance retail

Isha Ambani, the current director of Reliance Retail Ventures Ltd., is expected to be announced as the chair as early as Wednesday.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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