The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.
A cortisol belly is a common health problem resulting from elevated cortisol levels due to chronic stress, poor diet, lack of physical activity, inadequate sleep and overtraining, says clinical nutrition consultant Neha Sahaya.
Participants of a mega rally, including prominent film personalities and rights activists, held a night-long sit-in in Kolkata till 4 am on Monday, demanding justice for a doctor who was allegedly raped and murdered at a hospital last month.
Let's explore five transformative yoga asanas designed to fortify your back, neck and shoulders, ensuring you stand tall and strong, just like a tree rooted firmly in the ground.
A dream come true, a nice feeling. The maiden Chess Olympiad gold meant different things for the members of the five-strong Indian men's team, spearheaded stupendously by the youngest ever challenger to the world title -- D Gukesh.
Markets regulator Securities and Exchange Board of India (Sebi) is stepping up efforts to ease the onboarding of foreign portfolio investors (FPIs) and has constituted a cell for consultations with offshore investors and custodians, said whole-time member Ananth Narayan. Sebi is also working to make regulations more "light-touch" for FPIs that invest exclusively in government securities or are sovereign funds. The regulator is trying to make the registration process easier for such FPIs, the Sebi official said at the CII Financing 3.0 Summit in Mumbai.
'In the end, officials in India will be thrown to the wolves, quietly released a couple of years down the road and we'll never hear about them again.'
A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.
The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.
Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.
Aahana Kumra's cool style makes her the cynosure of all eyes.
Seeking to address international concerns, foreign ministry spokesman Zhao Lijian said China has been adjusting the zero-COVID policy based on the changing circumstances.
World Championship challenger D Gukesh on Sunday said he didn't think about his personal achievements and was prepared to do "whatever it takes" to secure India's maiden gold medal at the Chess Olympiad following near-misses in previous editions.
Regulator Sebi on Friday approved a slew of measures to further improve the ease of doing business for market participants, including providing relaxations to Foreign Portfolio Investors (FPIs) and entities looking to raise funds through initial share sale. The proposals were cleared by the Sebi board during its meeting on Friday.
Manika Batra became the first Indian table tennis player to reach the round of 16 in the Olympics singles competition after thrashing higher-ranked Prithika Pavade of France in Paris on Monday.
Dr Hansaji Yogendra highlights the benefits of practising yoga during the summer.
Kiara turns up the heat... Adah gets ready to dance... Shama's weekend pose...
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
Virat Kohli is all praise for skipper Rohit Sharma for the kind of 'communication' he has had with him which has helped him stay relaxed and get back among the runs.
Thomas Bach on Friday said he has a "certain understanding" for Vinesh Phogat but also wondered where would one draw the line after allowing small concessions in certain situations.
'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'
Vinesh will be replaced by the Cuban wrestler, Yuznelys Guzman, whom she beat on Tuesday.
In the picture, Darshan, currently lodged in Parappana Agrahara Central jail, is seen in a relaxed mood, sitting on a chair, holding a cigarette and a coffee cup, in an open space.
The Asia Cup defeats had not dampened the squad's spirits, said Rohit.
Harshal Patel took a great catch and decided to celebrate by mimicking Yuzvendra Chahal's pose in a playful way.
The recently-crowned T20 world champion Indian cricket team has been invited to celebrate its triumph in Maldives by
Medal layenge, medal layenge yeh baat tum dimaag se nikal do (a medal will never come if you chase after a medal, just focus on the processes)
After the Citizenship (Amendment) Bill was cleared by Parliament, violent protests broke out in Guwahati.
The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that share land borders with India. The latest amendments also seek to simplify cross-border share swaps and streamline key definitions, such as "control". The updated regulations have aligned the treatment of downstream investments made by overseas citizen of India (OCI)-owned entities with those owned by non-resident Indians (NRIs) on a non-repatriation basis.
A phone call with his therapist after a worrying semi-final helped propel Noah Lyles to the top of the Olympic podium on Sunday.
Violators will have to pay a Rs 2,000 fine for the first offence and Rs 5,000 if they defy this order for the second time, Ujjain Mayor Mukesh Tatwal said on Saturday.
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
Captain Sharan and Flight Engineer Anil Jaggia both confirm that the hijackers seemed to know a lot about flying an aircraft. Without help from the ISI or the Pakistan army, it was impossible, points out Utkarsh Mishra.
During the 17th over, with a mischievous grin, he mimicked throwing a water bottle at the camera seemingly expressing annoyance at the extended focus.
The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to the rights issue framework to enhance its attractiveness, aiming to make it the preferred route for additional fundraising by listed companies. Among the changes proposed by the market regulator are reducing the timeline to first 20 days and then to just three days, allowing shareholders to renounce their rights entitlement to investors of their choice, and eliminating the requirement to appoint an investment banker or file a draft letter of offer.
It's important to take breaks, spend time with loved ones and engage in activities like yoga or meditation to help relax and relieve stress.
The honour of captaining Australia sits lightly on Mitchell Marsh's shoulders as he prepares to lead the team in search of an unprecedented treble of major global titles at the T20 World Cup in June.
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