Modi is likely to hold separate bilateral meetings with the foreign leaders.
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In order to tap the hospitality industry in Mauritius, major Indian hotel chains are aggressively setting up hotels in the country.
Nepalese Prime Minister Pushpa Kamal Dahal 'Prachanda', Bhutanese Prime Minister Tshering Tobgay and Prime Minister of Mauritius Pravind Jugnauth are set to be invited to Modi's swearing-in ceremony.
Sharif was the only prime minister from India's neighbourhood who wasn't invited to the swearing-in ceremony in New Delhi.
Here's looking at how film folk spent their weekend.
Modi said the two countries should resume their discussions on Comprehensive Economic Partnership Agreement.
Lieutenant Commanders Dilna K and Roopa A will remain at sea for 8 months. They will rely on wind power, do the repairs on the boat themselves and navigate some the world's most treacherous waters.
The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.
Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.
After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said.
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Mauritius is also promising a host of other benefits to Indian companies routing their investments to African nations.
Maldives President Mohamed Muizzu has accepted the invitation to attend Prime Minister Narendra Modi's swearing-in ceremony in New Delhi over the weekend, according to a media report on Friday.
Mauritius is biggest route for investment into India.
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.
An article on 'State of the Economy' in the monthly Bulletin also said the improvement in the outlook for agriculture and the revival of rural spending have turned out to be the bright spots in the evolution of demand conditions. Consumer price inflation ticked up in June 2024 after three consecutive months of moderation as a broad flare-up in vegetable prices halted the overall disinflation that had been underway, it said.
Prime Minister of Mauritius Navinchandra Ramgoolam arrived in Patna on Monday on a three-day tour to Bihar.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
Mauritius on Monday said it would soon adopt the open sky policy and allow private airlines from India to use its air space.
Amid tax treaty uncertainties, India's share of the number of investments made by global companies through Mauritius has almost halved in the past two years even as Africa's share has surged significantly.
Amruta Khanvilkar takes a break in Mauritius and explores the exotic island with her sister, Aditi Khanvilkar Bakshi.
The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of $550 per tonne, amid ongoing Lok Sabha elections in the country. Last night, the government imposed a 40 per cent duty on export of onions. In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
A major earthquake of 6.3 magnitude hit Mauritius early on Monday morning. There have been no reports on the casualties and losses yet.
'China is India's primary strategic challenge, which will not go away.
With Mauritius slated to become a duty-free market within the next one year, the island-nation could be one of the most preferred business destinations for Indian entrepreneurs.
Talks not to resume till the island nation expedites revision of double-taxation avoidance agreement.
A multi-layer security arrangement involving five companies of paramilitary personnel, NSG commandoes and snipers have already been deployed around the Rashtrapati Bhawan. Drone cameras have also been put into service.
State-run Mahanagar Telephone Nigam, which had acquired the licence to offer telecom services in Mauritius in 2004, has started operations with international long distance services to begin with.
Overseas Indian Affairs Minister Vayalar Ravi stated that the focus areas of the PBD in Mauritius would be to deliberate ways and means of further strengthening economic engagement, role of youth in maintaining the vital PIO links and cultural heritage as well as look at mutual areas of exploration where Mauritius could serve as a gateway for doing business with Africa.
Mauritius has decided to do away with the visa system for Indian tourists in the island country from October 2004 to give a fillip to tourism.
Mauritius promises India full-cooperation on tax treaty issues.
There is a growing concern that many entities are routing their investments into the country through Mauritius to reap undue tax benefits.
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