State Bank of India Managing Director Rama Mohan Rao Amara welcomes the government’s move to exempt foreign investors from capital gains tax on Indian government securities. This decision aims to attract foreign capital when emerging markets face global pressure. Amara…
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Rajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering a probe into the company’s financial reporting. This follows a Securities and Exchange Board of India order flagging significant overstatement of revenues.…
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RBI Governor Sanjay Malhotra on Friday in his June MPC statement said net FPI outflows stood at nearly USD 14 billion in FY27 so far, primarily from equities, even as gross FDI remained robust. To attract foreign capital and strengthen…
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Blackstone-backed data centre specialist AirTrunk plans to invest more than USD 30 billion (over Rs 3,000 billion) to develop over 5 gigawatts (GW) of digital infrastructure capacity in India by 2030.
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India’s progress in areas such as artificial intelligence, semiconductors and global trade partnerships reflects its growing role in the international economy, said Minister of State for Commerce and Industry Jitin Prasada inaugurating the Global Business Research Conference 2026 at the…
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The Indian rupee strengthened today, moving against weaker Asian markets. This rise occurred before a key Reserve Bank of India policy announcement. Markets are watching closely for any interest rate changes. Economists generally do not expect a hike. The central…
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