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2 mins read

Foreign investors are back: Capital flows turn positive for the first time in 10 months

Foreign institutional investors (FII) have been pulling out of the Indian market for quite some tim…

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1 min read

Oligarch Roman Abramovich transferred the ownership of his $400 million luxury jets to his children the same month Russia invaded Ukraine, FBI alleges

Oligarch Roman Abramovich restructured the ownership of his assets the same month Russia invaded Uk…

Hannah Towey   


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2 mins read

China mulls 'end to foreign ownership limits' on financial firms, signals bold effort to remove barriers in reform plan

China mulls 'end to foreign ownership limits' on financial firms, signals bold effort to remove bar…

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3 mins read

'There is no emergency,' say crypto firms as US plans new ownership disclosure rules

Coinbase, Kraken, and other crypto exchanges are pushing back against a US Treasury proposal to req…

Kevin Shalvey   


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3 mins read

Indian government asks a US court to dismiss Cairn Energy's plea on $1.2 billion award, cites 'sovereign immunity'

Cairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitrati…

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UK Foreign Secretary apologises after wrongly accusing Labour MP of supporting 'cumbersome amendments' to faster and harder sanctions

UK Foreign Secretary Liz Truss apologised for wrongly accusing that Foreign Affairs Committee MP Ch…

Henry Dyer   


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Parler offered Trump's company 40% ownership of the app to make it his go-to social media platform

Trump representatives discussed a deal with Parler where the president would post there four hours …

Tyler Sonnemaker   


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India passes bill to increase foreign investment limit in insurance companies

"The laws of the land are fairly mature. They can control every operation which happens in this…

PTI   


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4 mins read

'Amazon and Flipkart are destroying India's retail sector,' says CAIT, asks government to revise FDI policy in e-commerce

CAIT in a communication sent to Goyal said that FDI in e-commerce section of Press Note No.2 of …

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2 mins read

Congress is investigating reports that Trump representatives held discussions with Parler about him taking a 40% ownership stake in the app

A House committee has asked Parler to send information about the company's Russian ties, stakeholde…

Grace Dean   


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1 min read

Aster DM Healthcare gets UAE govt's nod for full ownership of Dubai business

"Dubai is a significant market for us as it contributes almost 80 per cent to our GCC (Gulf Cooper…

PTI   


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3 mins read

India and fellow QUAD countries agree to step up coordination in Indo-Pacific amid China's growing assertiveness in South China Sea

The four major Indo-Pacific democracies, collectively known as the Quad, vowed to coordinate i…

PTI   


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Life insurers bat for 100 pc foreign investment in sector via automatic route

New Delhi, Dec 18 () Life insurers have sought 100 per cent foreign direct investment (FDI) limit i…

PTI   


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1 min read

Govt’s decision, banker’s delight! Removal of sub-limits on foreign ownership in Banks makes the Bank Index & markets rally

Shares of Axis Bank and Yes Bank surged in trade after the government re-interpreted the percentage…

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Chinese citizens moved $50 billion of cryptocurrency out of the country in the past year to skirt foreign currency rules, a report says

A report by Chainalysis said Chinese people likely breached rules as the government only allows ind…

Saloni Sardana   


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A quick explanation of third-party ownership and why Sam Allardyce could be in big trouble

Allardyce, who has managed the national team in just one game since being appointed in late July, a…

Adam Payne,Adam Payne   


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3 mins read

Trump son-in-law Jared Kushner is stepping down as publisher of the Observer, and will have 'no ownership' stake

Dear Team: As you've certainly been reading, our publisher Jared Kushner, has taken an official …

Nathan McAlone   


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1 min read

India becomes Number 1 retail investment destination, beats China

A study by AT Kearney's Global Retail Development Index (GRDI) ranked top 30 developing markets…

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3 mins read

Luxury real estate ownership in America has never been more secretive

The report took 13 people an entire year to put together, which they did by "searching business and…

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4 mins read

FDI Reforms: a Tale of too much Caution

Let us try to understand why foreign investors have been weary of investing in India. India offers …