Supreme Court rules that Mauritius entities were 'conduits' in US firm Tiger Global's Flipkart exit in 2018; decision could force foreign investors to re-examine their holdings.
At inauguration of flagship event SemiconIndia2023 in Gandhinagar, the PM detailed reforms and tax exemptions the government has undertaken to bring in more investment in the sector.
PM Narendra Modi calls on long-term global investors to invest in infrastructure in India, and says the country will have a multiplier effect on development and growth across the world.
Startups are vital to India’s economic growth. To ensure they are not subject to onerous influence from foreign investors, we need to build up a venture capital industry.
Against warnings of long-term economic risks, Finance Minister Nirmala Sitharaman reaffirmed the government’s 2019 Budget plan to issue overseas sovereign bonds.
A higher surcharge on wealthy Indians in the Budget has alarmed overseas investors since it also applies to trusts – a choice for several foreign funds that invest in India.
India has silently acknowledged that the US is helpful in some ways, but also a roadblock in others. Both China and the US have an unspoken interest in slowing down India’s rise.
Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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