Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
Serena announced the news on social media alongside a video of herself limping.
Bollywood actor Jacqueline Fernandez has withdrawn her plea from the Supreme Court, challenging a Delhi court's order to frame charges against her in a Rs 200 crore money laundering case.
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
At the end of October, Sri Lanka President Maithripala Sirisena handed over the deeds for the transfer of 116 hectares in Colombo Port City to China Harbour Engineering Company on a 99-year lease to build a financial centre.
Bangkok is a fast, 24-hour megapolis, full of joie de vivre and buoyance that you will be instantly smitten, like I was.
As per the Budget proposals, migration of a fund to a fund in IFSC will not be regarded as transfer if done on or before March 31, 2023. Transfer of units will be tax neutral. Grandfathered investments of the fund to continue to enjoy capital gains exemption on future sale by the IFSC fund. There is no impact on carry forward of losses for the investee company.
Jude Bellingham delivered an authoritative and relentless performance, scoring two crucial goals to lead England to a 2-1 extra-time victory over Norway in their World Cup quarter-final, securing their place in the semi-finals.
Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.
Manchester City defeated Arsenal in a crucial Premier League match, while Liverpool secured a late win against Everton. Nottingham Forest also claimed a significant victory against Burnley.
Supreme Court Justice Prashant Kumar Mishra has recused himself from hearing Bollywood actor Jacqueline Fernandez's plea against a Delhi court order framing charges in a Rs 200-crore money laundering case, citing a conflict of interest.
As the rupee weakens, wealthy families are accelerating investments in global assets.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
The Supreme Court's verdict directing Tiger Global to pay capital gains tax on its 2018 sale of Flipkart shares is unlikely to accelerate the selloff by foreign portfolio investors (FPIs). However, legal and tax experts say the ruling sharpens scrutiny around treaty benefits and could influence how offshore investors structure future India bets.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.
Royal Challengers Bengaluru fans celebrated their team's IPL victory peacefully in Bengaluru, with police ensuring celebrations remained under control.
India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
Work on projects worth Rs 1,000 cr in full swing: Gift City
New exchange will provide an electronic platform for trading.
Spiders, spies and sleuths on OTT this week, Sukanya Verma lists your top picks.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Each of these photographs tells a powerful story through the universal language of food!
Bollywood celebrate Father's Day with memories, pictures and sweet messages on social media.
Liverpool secured a dominant win over West Ham, while other Premier League matches saw Brentford edge Burnley in a seven-goal thriller and Everton secure a late victory against Newcastle.
'I can feel people around me thinking that this guy was about to die, and now he's back.'
Finance Minister Arun Jaitley on Monday said state governments should emulate the concept of 'Gujarat International Finance Tec-City'
The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.
The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.
A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and others in connection with a Rs 200-crore money laundering case. The court also ordered charges against Chandrashekhar and others for offences including those under MCOCA in a separate case.
King Charles III reaffirmed the enduring strength of the US-UK alliance, underscored NATO's centrality to global security, and shared light-hearted moments with President Donald Trump during a White House state dinner.
The Budget will focus on Gujarat's GIFT City.
Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.
Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.
Nervy Arsenal go back to top of Premier League as Eze seals viNervy Arsenal go back to top of Premier League as Eze seals vital win over Newcastletal win over Newcastle
Arsenal cleared arguably the most dangerous remaining obstacle in their path to the Premier League title by the skin of their teeth as Leandro Trossard's late goal secured a dramatic 1-0 win at West Ham United to restore their five-point lead on Sunday.
