External Affairs Minister S. Jaishankar, after meeting Russian Foreign Minister Sergey Lavrov, reaffirmed India and Russia’s commitment to expanding bilateral trade. He stressed the need for a more balanced relationship by boosting Indian exports in sectors like agriculture, pharma, and…
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Rajya Sabha has passed ‘The Promotion and Regulation of Online Gaming Bill’ amidst opposition protests. Union Minister Ashwini Vaishnaw highlighted the bill’s focus on promoting e-sports and online social games while addressing concerns about online money games becoming a public…
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Facing EU sanctions due to Rosneft’s stake, India’s Nayara Energy is reportedly utilizing a ‘shadow fleet’ to import oil and export refined fuels. This fleet, estimated at a fifth of global tankers, helps circumvent Western sanctions by obscuring vessel identities…
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Nazara Technologies anticipates a potential write-off of its ₹800 crore PokerBaazi investment if the proposed online gaming bill restricts real money gaming. Despite this risk, the company’s overall financial performance remains unaffected, with no current revenue contribution from real money…
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The Group of Ministers on GST rate rationalisation concluded with states agreeing to restructure the indirect tax system. The current four-rate structure will be replaced with two rates. A higher levy will remain on sin goods. The move aims to…
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Nomura’s analysis of EM holdings shows that in July, investors cut their relative exposure to India, while boosting allocations to Hong Kong/China and Korea.
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