Similarly, FDI from Cyprus too increased by about three-times to $879 million in the last financial year from $296 million in 2018-19.
Priyanka Chopra gives us a unique mix on her Instagram feed, and captions it: 'Mother. Protector. Pirate. Meet Bloody Mary #TheBluff'
Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.
Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September this fiscal year, while the inflow from the US more than doubled to $6.62 billion during the first half of this fiscal, according to government data released on Monday. Foreign Direct Investment (FDI) during April-September FY24 stood at $29.79 billion.
Foreign direct investment in India dipped by 5.6 per cent year-on-year to $10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, according to the government data. FDI inflows during October-December 2023-24 stood at $11.55 billion.
Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.
'The first professional Indian boxer to ever win a world title.'
Foreign direct investment in India jumped 47.8 per cent to $16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at $10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to $5.85 billion and in June to $5.41 billion from $2.67 billion and $3.16 billion, respectively, in the year-ago period.
Olympic champion Elaine Thompson's mentor Jerry Holness joins as Indian women's 400m coach
Senior Congress leader Jairam Ramesh also asked the RBI to make public details of FDI inflows from Cayman islands since demonetisation.
Properties worth over Rs 150 crore of real estate firm Unitech Group have been attached in a money laundering case, the Enforcement Directorate (ED) said on Tuesday. The assets include a dozen of land pieces measuring a total of 48.56 acres in Gurgaon near Delhi.
Veteran industrialist and former Tata Group chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO. Tata became an investor in the company in 2016 by infusing Rs 66 lakh initially. He was allotted preference shares of the company.
Hutchison Essar is an Indian Company, the controlling interest of Hutchison Essar is held by an SPV of Cayman Island (CGP Investments Holding Ltd). CGP is owned by Hutchison Telecommunications International Ltd (HTIL), Hong Kong.
FIFA faces more embarrassment after a member of its financial watchdog was arrested on suspicion of corruption and money-laundering in the Cayman Islands.
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
Foreign direct investment (FDI) equity inflows in India declined 24 per cent to $20.48 billion in April-September 2023, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at $26.91 billion during the first six months of the last fiscal. Inflows during January-March 2023 also contracted 40.55 per cent to $9.28 billion.
Six football officials were arrested in Zurich early upon request from US authorities, suspected of receiving bribes worth millions of dollars, Swiss authorities said.
The general secretary of the world players' union FIFPro has blasted FIFA.
Jamaican world champion Yohan Blake missed the fastest 100 metres of the year by the blink of an eye on Wednesday, his 9.84 seconds a mere 0.02 behind world record holder and training partner Usain Bolt's mark.
The US replaced Mauritius as the second largest source of foreign direct investment into India during 2020-21 with inflows of $13.82 billion, according to government data. Singapore remained the top source of foreign direct investment (FDI) into the country for the third consecutive fiscal at $17.41 billion. During the last financial year, India attracted $5.64 billion in FDI from Mauritius, according to the data by the Department for Promotion of Industry and Internal Trade (DPIIT).
Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.
India signed a Tax Information Exchange Agreement with Bermuda on Thursday, the first in a series of such pacts.
The healthcare provider, currently building a hospital in the Cayman Islands, has now entered into an agreement with the Malaysian branch of the Columbia Asia Hospital to run its cardiology and cardiac care facility.
Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.
Foreign direct investment (FDI) equity inflows into India contracted by 16 per cent to $43.17 billion during the April-December 2021 period, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT). The inflows had stood at $51.47 billion during the corresponding period of the previous year. The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) aggregated at $60.34 billion during the nine month period of the current fiscal year as against $67.5 billion in the year-ago period.
the BJP is pitching for major reforms in the 'taxation regime' in its current form in India.
A member of the financial watchdog committee at soccer's ruling body FIFA has been charged with fraud, money-laundering and breach of trust by police in the Cayman Islands.
India's Dipika Pallikal squandered a one-game lead and went down to Egypt's Raneem El Weleily in the pre-quarter-finals of the women's World Open Squash Championship in the Grand Cayman Islands, in the Caribbean. Pallikal, ranked world No 10 and seeded 13th in the tournament, lost to second seed Weleily 11-7, 9-11, 6-11, 5-11 in 38 minutes at the South Sound squash club on Wednesday.
According to the Demographic Yearbook -- a statistics collection put out by the United Nations -- there are five divorces per every 1,000 marriages in the country, reports the New York Daily News.
A former employee of Swiss bank Julius Baer, Rudolf Elmer shot into limelight as a whistleblower in 2008.
About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.
The European Union's attempt to regulate hedge funds will affect other classes of alternative investment such as real estate funds and investment trusts, lawyers studying the fine print of the new rules have warned.
The writer may be dead, but his impeccable creations will remain immortalised forever in the hearts of millions of his fans. Here we ask our readers to speak about, share their memories of Dick Francis's favourite books. Please contribute your valuable thoughts in the message board below.
He breathed his last on Sunday in his home in the Cayman Islands.
Afghanistan continued their remarkable rise in international cricket when they beat the Cayman Islands by 82 runs on Saturday to reach the final stage of the 2011 World Cup qualifying competition. Uganda also went through thanks to a 99-run win over hosts Argentina on the final day of world cricket league division three, a six-team tournament which also serves as part of the complex World Cup qualifying system.
Vivek, in his complaint, had said the magazine and Ramesh had attempted to "deliberately malign and defame" him to "settle scores with his father".
The hurricane has left a swathe of destruction across the Caribbean, killing at least 60 so far.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
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