Edition:
India

Abhirup Roy

Explainer: Will India's tax on the rich hit foreign investment inflows?

15 Jul 2019

NEW DELHI/MUMBAI The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million rupees has rattled many foreign portfolio investors(FPIs).

Foreign investors' lobby group asks India to reconsider high taxes

12 Jul 2019

MUMBAI/NEW DELHI Foreign investors are urging India to reconsider its decision to increase taxes on certain groups of wealthy portfolio investors, arguing the move will hit the competitiveness of Indian capital markets.

Foreign investors' lobby group asks India to reconsider high taxes

12 Jul 2019

MUMBAI/NEW DELHI, July 12 Foreign investors are urging India to reconsider its decision to increase taxes on the super-rich, including a higher levy on certain groups of portfolio investors, arguing the move will hit the competitiveness of Indian capital markets.

Row between founders hits shares in IndiGo parent

10 Jul 2019

BENGALURU/MUMBAI An escalating dispute between IndiGo's co-founders sparked falls in its parent firm's shares on Wednesday as investors fretted about the potential impact on India's largest airline.

RPT-India's PNB slides after reporting suspected fraud at Bhushan

09 Jul 2019

MUMBAI, July 8 Shares in Punjab National Bank slid after the lender said it had reported a suspected 38 billion rupee ($554.63 million) fraud in Bhushan Power & Steel Ltd's account, potentially delaying a sale of the firm's assets and consequent repayments to creditors.

India's PNB slides after reporting suspected fraud at Bhushan

08 Jul 2019

MUMBAI Shares in Punjab National Bank slid after the lender said it had reported a suspected 38 billion rupee ($554.63 million) fraud in Bhushan Power & Steel Ltd's account, potentially delaying a sale of the firm's assets and consequent repayments to creditors.

India proposes higher minimum public shareholding in listed companies

05 Jul 2019

MUMBAI India proposed raising the minimum public shareholding required in listed companies to 35% from 25%, in a surprise move on Friday that triggered concerns there will be a lot of enforced share sales.

India proposes higher minimum public shareholding in listed companies

05 Jul 2019

MUMBAI India proposed raising the minimum public shareholding required in listed companies to 35% from 25%, in a surprise move on Friday that triggered concerns there will be a lot of enforced share sales.

India's tighter FY20 fiscal deficit target challenging to achieve - Moody's analyst

05 Jul 2019

MUMBAI India's decision to slightly lower its fiscal deficit target for 2019/20 is a step in the right direction but will be challenging to achieve, a Moody's analyst said on Friday after the government announced its budget.

India proposes higher minimum public shareholding in listed companies

05 Jul 2019

MUMBAI, July 5 India proposed raising the minimum public shareholding required in listed companies to 35% from 25%, in a surprise move that triggered concerns there will be a lot of enforced share sales.

World News

Iran denies its missile programme is up for negotiation

Iran denied on Tuesday that it was willing to negotiate over its ballistic missile programme, contradicting the chief U.S. diplomat and appearing to undercut President Donald Trump's statement that Washington had made progress on its disputes with Tehran.