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The Reserve Bank of India (RBI), in consultation with the Government of India and the Securities and Exchange Board of India (SEBI), has issued rules for Foreign Portfolio Investors (FPIs) whose stakes in Indian companies surpass 10%. Under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, FPIs breaching this threshold
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Highlights include the prediction by opinion polls, India-Russia ties, the new Chief Justice of India and views from columnists on the legacy of the former Chief Justice.
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India’s share of US apparel imports rose from 4% in 2013 to 5.8% in 2023, supported by political stability and vertical integration in its textile industry, according to a report by the US International Trade Commission (USITC). India exported $4.6 billion in apparel to the US in
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Malaysian importers have expressed interest in sourcing rice from Telangana after the Malaysia Business Meeting. Discussions included the State’s agricultural achievements, quality of rice and grain varieties cultivated using advanced methods.
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External Affairs Minister S. Jaishankar, at the India-Russia Business Forum in Mumbai, highlighted the importance of bilateral trade in national currencies, citing Special Rupee Vostro Accounts as an effective mechanism. Current bilateral trade stands at $66 billion, with a target of $100 billion by 2030. Connectivity projects, including the International
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A report by the State Bank of India (SBI) suggests that another term for Donald Trump could shift foreign direct investment (FDI) patterns in India, as the former Trump administration’s regulatory policies encouraged capital back to the United States, impacting global FDI inflows. Should similar policies return in Trump’
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Justice Sanjiv Khanna took the oath as Chief Justice of the Supreme Court of India, administered by President Droupadi Murmu. He succeeds Justice Dhananjaya Y Chandrachud. Justice Khanna, with over four decades of legal experience in fields such as constitutional and commercial law, will serve a brief term until May
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Russia's First Deputy Prime Minister Denis Manturov will attend the Russian-Indian Business Forum in Mumbai, focusing on industrial cooperation, transport, finance, digital technologies, and interregional ties. Organised by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the event
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