MUMBAI: While direct participation by individual investors in the equity market has moderated after record inflows in 2024, Indian households have continued to channel their savings into equities through mutual funds, highlighting sustained confidence in equities as a long-term wealth creation avenue, according to a report by the National Stock Exchange (NSE).The report noted that…
The EB-5 Immigrant Investor Program is emerging as a key pathway for affluent individuals and families seeking permanent residency in the United States, offering a structured route to a green card through capital investment.Designed to stimulate the US economy by generating jobs and attracting foreign capital, the programme does not require employer sponsorship or specific…
Indian Consulate in Seattle hosts business forum ahead of visit by trade mission from Washington state SEATTLE/NEW YORK: Investment opportunities in India across sectors such as AI, ag-tech, quantum and healthcare were highlighted at a business forum in Seattle, as the largest trade mission from the state of Washington is set to visit India. The…
Dhruv Gadh, Partner- Transport, Logistics and Infrastructure PwC India lists the top expectations for maritime sector: This budget presents an opportunity to transform the maritime sector by focusing on three key areas: 1. Capital allocation for Maritime Amrit Kaal VisionAlign investments to support the long-term Maritime Amrit Kaal Vision by scaling up the Sagarmala Programme….
India is planning a major reduction in import tariffs on cars from the European Union, cutting duties to 40 per cent from levels as high as 110 per cent, in what would be the country’s biggest opening yet of its closely guarded automobile market. The move comes as New Delhi and Brussels close in on…
Budget 2026 income tax expectations By Kuldip KumarAs the Union Budget approaches, expectations of major tax giveaways appear muted. However, this Budget may assume significance not for dramatic announcements, but for how the Government balances growth, fiscal discipline, and reform amid a challenging economic environment.A Challenging Economic BackdropThe Honourable Finance Minister faces a complex macroeconomic…
The Pak-India Business Council (PIBC) on Sunday urged both countries to resume dialogue without further delay to resolve outstanding issues as it extended greetings to Indians ahead of their 77th Republic Day. PIBC is a bilateral think tank and advocacy body focused on enhancing trade and commercial relations between Pakistan and India. Wishing Indians across…
NEW DELHI: Ahead of the India-European Union free trade agreement – which is all set to be announced on Tuesday – all eyes are on several crucial sectors, where domestic industry has pitched for zero duty concessions to be able to compete more effectively with competitors, such as Bangladesh and Vietnam.Among the top asks is…
MUMBAI: A study of state finances by RBI shows that while the fiscal deficit of Indian states has widened modestly in recent years, funding patterns have become more market-driven and disciplined, with growth headroom differing sharply between younger and more mature states.The consolidated gross fiscal deficit of states peaked at 4.1% of GDP in 2020-21…
NEW DELHI: Amid outflows, foreign portfolio investors (FPIs) have sought a review of the taxes applicable on them, especially capital gains.Those familiar with the deliberations said the issue has been raised with market regulator Sebi as well as govt officials with certainty in tax policies being underlined repeatedly.Apart from high cost of trading in India…
