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Nov 12, 2024 RBI Sets Rules for Foreign Portfolio Investors Exceeding 10% Stake
RBI Sets Rules for Foreign Portfolio Investors Exceeding 10% Stake

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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Nov 12, 2024 Opinion Poll Predicts Win for BJP-Alliance in State Election
Opinion Poll Predicts Win for BJP-Alliance in State Election

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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Nov 11, 2024 India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers
India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers

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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News   -   Nov 11, 2024 Malaysian Importers Explore Telangana's Rice Varieties
Malaysian Importers Explore Telangana's Rice Varieties

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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Nov 11, 2024 Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks
Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks

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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Nov 11, 2024 Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report
Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report

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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Nov 11, 2024 Justice Sanjiv Khanna Sworn In as New Chief Justice of India
Justice Sanjiv Khanna Sworn In as New Chief Justice of India

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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News   -   Nov 11, 2024 Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties
Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties

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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