Only a fifth of foreign portfolio investors (FPIs) in breach of the market regulator-specified thresholds may need to provide enhanced disclosure on ultimate beneficiaries, thanks to exemptions being provided, according to people in the know. The ultimate beneficial ownership (UBO) disclosures, for FPIs with over 50 per cent holding in a single corporate group or over Rs 25,000 crore exposure to Indian assets, will be required from February 1. But, depending on their category, FPIs will have 10-30 working days to submit these granular details.
India on Thursday said it remains committed to take forward its development agenda with the Maldives, including implementation of various welfare projects in the island nation.
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
Who owns a recipe, and should one fight over its origins?
Dabur India has been the worst performer in the fast-moving consumer goods (FMCG) space this year (CY23), posting a 1 per cent decline even as its peer index, the Nifty FMCG, has delivered returns of over 29 per cent in this period.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.
Addressing a party rally in Rajasthan, Gandhi also flayed the BJP over the situation in ethnic strife-torn Manipur and said the ideology of the BJP has set the northeastern state on fire.
Prime Minister Narendra Modi on Wednesday said in his third tenure as PM, he will take the country among the top three economies in the world.
According to police, Javeed allegedly thrashed Samina on Monday when she was celebrating the victory of the BJP in the recently-held assembly elections, counting for which was done on December 3.
Chouhan, who stepped down as CM earlier this week, was also seen getting emotional and in tears as women encircled him and raised slogans in his praise while he was on his way to a famous Hanuman temple in Vidisha, around 55 km from Bhopal, on Thursday.
After he failed to appear before the Enforcement Directorate, Chief Minister Arvind Kejriwal has been summoned for the fourth time in less than three months by the agency for questioning on January 18 in the Delhi excise policy-linked money laundering case, official sources said on Saturday.
Hindustan Unilever's Q3FY24 performance was lacklustre, with both sales and operating profit barely moving from the year-ago period due to price cuts and higher advertising costs. Besides weak demand, the FMCG (fast-moving consumer goods) major is facing increased competitive pressures, particularly from regional players, which, coupled with a slow recovery in rural markets, could put revenues under pressure going forward. Margins are expected to remain range-bound as benefits from falling raw material costs are expected to be neutralised by rising promotional budgets.
A voter's right to know is 'far too important' in democracy than the privacy of a donor, Supreme Court judge Justice Sanjiv Khanna said on Thursday as the apex court scrapped the 2018 electoral bond scheme for funding political parties.
Even though the number of cases is rising and the JN.1 sub-variant has been detected in the country, there is no cause of immediate concern as 92 per cent of those infected are opting for home-based treatment, indicating mild illness, they said.
Challenge for Test cricket is revenue-sharing model, not scheduling: Graeme Smith
More than ever before, women voters can make or mar a political party's electoral fortunes.
Pressure from the Soren clan is only one of the challenges Champai faces as he readies himself to helm the predominantly tribal state.
The battle for Champions League qualification continues with fourth-placed Aston Villa away to Luton Town on Saturday and Tottenham Hotspur, who are five points behind with a game in hand, hosting Crystal Palace.
A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.
As of now, Gennova Biopharmaceuticals has launched a vaccine, Gemcovac-OM, which is based on the Omicron variant.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
Modi also virtually flagged off a new train between Antagarh in Kanker district and Raipur and kickstarted the distribution of cards of the Centre's Ayushman Bharat scheme to beneficiaries in the state.
After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".
Google CEO Sundar Pichai says Gemini will eventually be integrated into Google's search engine, its ad products, the Chrome browser.
Madhya Pradesh government has issued a notification for providing 35 per cent reservation in recruitment to women, barring the Forest department in the state.
'The sense of Constitutional propriety and political morality seems to be vanishing fast.' 'There are many things in today's politics of governance which Manmohan Singh would have never dreamt of saying or doing.'
'If a poor voter sees Modi's picture on ration bags, it is natural he will vote for Modi and the BJP.'
The Supreme Court on Tuesday sought data on the beneficiaries of Section 6A of the Citizenship Act in Assam, saying there was no material before it which could indicate that the effect of granting Indian citizenship to Bangladeshi immigrants between 1966 and 1971 was so great that it impacted the demographic and cultural identity of the border state.
Addressing a gathering of around 6,000 in-charges of 'Shakti Kendras,' each comprising two to three booth-level areas, at Marine Drive, the prime minister said that Kerala has the potential to influence who will be in power in Delhi.
According to CoWIN data, only 73 vaccination centres are currently active in India, of which 32 are government-run.
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
Since 1993, when the BJP came to power after a stint of President's rule, the state has alternated between the Congress and the BJP.
This case revolves around the establishment of clusters of Centers of Excellence (CoEs) in the state of Andhra Pradesh, with a total estimated project value of Rs 3,300 crores.
The EC reminded Gandhi that the Model Code of Conduct prohibits leaders from making unverified allegations against political rivals.
There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
However, finding the funds to fulfill them will be a herculean task.
After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. The Organization of the Petroleum Exporting Countries (Opec) and Opec+ agreed to a further voluntary production cut in January-March 2024 to try and support global crude prices. The best guess here is that crude prices (currently at $75/barrel, or bbl) will not likely cross significantly above $80, and gas prices are also likely to remain subdued unless there's a further escalation in the Israel-Hamas conflict.
The top court said the faith of people in the efficacy of law is the saviour and succour for the sustenance of the rule of law.
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