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.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
During this summer, Indian travel buffs are opting for destinations that provide an escape from the ominous heat, along with coastal regions within the country and countries offering visa-free travel.
Nearly Rs 258 crore was incurred on 38 foreign visits of Prime Minister Narendra Modi between May 2022 and December 2024, according to data shared by the government.
Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their $6.9 billion in Adani group stocks, saying does the market regulator need help of investigating agencies for this? The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies. They came into focus once again in January when a US short seller alleged that Adani Group used offshore shell companies to inflate stock price.
IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.
How to discover beautiful destinations in true-blue filmi style (which simply means you look fabulous as you do so:))!
Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.
Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.
India head coach Manolo Marquez expressed his disappointment and anger following the 0-0 draw against Bangladesh in the AFC Asian Cup qualifying round match, stating that his team has taken- two or three steps back, since his first match in charge last year.
Lieutenant Commanders Dilna K and Roopa A have successfully crossed the most dangerous passage in their historic 8-month sailing expedition around the globe.
Modi said the two countries should resume their discussions on Comprehensive Economic Partnership Agreement.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday dismissed concerns regarding faecal contamination in the waters at Triveni Sangam, stating that continuous monitoring and purification processes ensure its quality.
Now, funds from Mauritius interested in India will have to weigh paying capital gains taxes that could range from zero to as much as 20 per cent
Uttar Pradesh Chief Minister Yogi Adityanath slammed the opposition Samajwadi Party over the 2013 Kumbh Mela arrangements, accusing the then chief minister Akhilesh Yadav of appointing a "non-Sanatani " as the in-charge of the religious congregation in Prayagraj. Adityanath highlighted the presence of dignitaries, including the President, Prime Minister, and heads of state from 74 countries, at the recent Maha Kumbh, contrasting it with the "chaos, corruption, and pollution " of the 2013 event. He also criticized the opposition's criticisms of the Maha Kumbh arrangements, arguing that everyone found something in accordance with their nature and character. Adityanath refuted allegations of discrimination against any community at the Maha Kumbh, emphasizing the unity and inclusivity of the event.
'...despite all his horses, elephants, tanks and swords.' 'A determination to hold fast to Sambhaji Maharaj's father, Chhatrapati Shivaji Maharaj's thoughts, ideals, and principles.'
Enforcement Directorate officials said on Friday they are probing a 'complex network' of agents and facilitators in India, Canada and the US who help Indians illegally enter the US via 'bogus' admissions in Canadian colleges.
The Union Cabinet on Wednesday approved the signing of a comprehensive economic cooperation agreement, a kind of a free trade pact, between India and Mauritius which is aimed at liberalising norms to boost two-way commerce
Condolences have poured in from across the globe, including from the United States, Canada and Sri Lanka following the demise of former Prime Minister Manmohan Singh.
Fans are speculating about their honeymoon destination but which place will Sobhita Dhulipala and Naga Chaitanya zero in on for their romantic getaway? Akkineni are tying the knot and has everyone excited.
Marquez had only two training sessions with the team before naming a 26-member squad featuring new and returning players as India adapts to life after Sunil Chhetri's retirement.
Bhumi holidays in London... Madhuri poses in Dubai... Mouni chases waterfalls...
The country was, in February, put on the list of jurisdictions that require increased monitoring. These are done to counter money-laundering, terrorist financing, and proliferation financing in a more efficient manner.
Being part of category-I implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.
The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.
The actor, who has been shooting for Shehzada in Mauritius, took some time out to get all touristy.
Two men have been arrested for trying to drive their car into the security convoy of visiting Mauritius Prime Minister Pravind Jugnauth in Mumbai in an inebriated condition, the police said on Wednesday.
The only family Meghana lived with after losing her parents and brother in the tsunami was her dog, Alex. When Alex died after 13 years, she took her ashes to where her own family lay under the ocean. "I wanted her to join the rest of my family and that is one of the best things I have done."
Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.
Uttar Pradesh Chief Minister Yogi Adityanath highlighted the successful execution of the Maha Kumbh 2025, emphasizing effective crisis management, economic benefits, and the event's role in national unity and infrastructure development. He cited the swift response to a stampede on January 29 and the extensive preparations that ensured a smooth experience for millions of pilgrims.
Tiger feels skinny... Patra goes retro... Shehnaaz's beach vibe...
Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report - a charge that the conglomerate vehemently denied. In a post on X, Hindenburg cited "newly released Swiss criminal records reported by Swiss media outlet" to state that "Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021."
The two sides signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.
From a few rain gauges in 1875 to rivalling the world's best weather agencies, the India Meteorological Department (IMD) has weathered its way to becoming a global leader in forecasting.
India had won the title in 2018 and 2023, while it was the first trophy for Syria who had finished third in 2019.
Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.
Sushmita goes pink... Neha wishes Angad...Karan celebrates his birthday...
Megahna Rajsekhar survived the tsunami and was rescued by an unknown tribal man. 14 years later she tracked him down to say thank you.
Katrina attends the Red Sea Film Fest... Raai Laxmi enjoys a race... Amyra goes cycling...
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