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Don't See Impact On Trade After Canada Diplomatic Row, Says Centre: Report
The escalation in the diplomatic row between India and Canada will not have an impact on the bilateral trade and investment ties between the two countries, government sources told PTI on Tuesday.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Impact Investor Omidyar Network To Leave India After A Decade Of Ops
Impact investment company Omidyar Network India will leave the country after a decade of operating in India, according to an exclusive report by YourStory.
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Foxconn to Invest Over $1.5 Billion in India; Sent Chinese Engineers to Train Workers This Year: Reports
Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...
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Tiger Global, Other Investors Ask Indian Government to Reconsider Online Gaming Tax, Cite Investment Risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28 percent gaming tax, saying the levy would adversely impact $4 billion (roughly Rs. 32,800 crore) in prospective investments, a letter showed.
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Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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A $4 Billion Fund Is Clashing With Government. How It's Impacting Decisions
When India launched its first state-backed investment fund in 2015, the project was met with great enthusiasm. Officials hoped to raise billions of dollars to improve the nation's infrastructure and attract foreign manufacturers.
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5G Should Be Priced at Premium to 4G With More Data, Overall Tariffs Expected to Rise, Vodafone Idea MD Says
Vodafone Idea MD Ravinder Takkar said on Thursday that he expects 5G to be priced at a premium with more data bundled with plans compared to 4G services at present. Takkar made the statement during an earnings call, and said the operator has spent a significant amount in acquiring spectrum in the recently-held auctions which calls for a need to cha...
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Sri Lanka Crisis To Have 'Big Impact' On Chinese Investments,Ties
While China has so far maintained a conspicuous silence on the dramatic fall of Sri Lanka's pro-Beijing Rajapaksa brothers, experts have warned that the current chaos in Colombo will have a "big impact" on the country's close ties.
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"India Role As Regional Ally Can Have Positive Impact In Afghanistan": US Official
India as a key regional player and ally of the US and its history of investments in Afghanistan could have a positive impact on the future of the country now under Taliban control, a US State Department spokesperson has said here.
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Yahoo Shuts Down News Sites in India Due to New FDI Rules That Limit Foreign Ownership of Media Houses
Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India.
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"Positive Impact On Ease Of Living": President Lists Centre's Steps On Economy
An improvement in Ease of Doing Business rankings has a positive impact on the countrymen's Ease of Living, President Ram Nath Kovind said today as he spoke of the government's steps to simplify investments in key sectors.
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New H-1B Visa Rules Mild Negative For Indian IT Services: Rating Agency ICRA
The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA has said.
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India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
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WHO Calls For Scaling Up Investments In Mental Healthcare
The vast social and economic impact of COVID-19 highlights the critical need for all countries in South-East Asia region to scale up investments for sustained and quality mental health care, the WHO said on Saturday on the occasion of World Mental Health Day.
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Don't See Impact On Trade After Canada Diplomatic Row, Says Centre: Report
The escalation in the diplomatic row between India and Canada will not have an impact on the bilateral trade and investment ties between the two countries, government sources told PTI on Tuesday.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Impact Investor Omidyar Network To Leave India After A Decade Of Ops
Impact investment company Omidyar Network India will leave the country after a decade of operating in India, according to an exclusive report by YourStory.
-
Foxconn to Invest Over $1.5 Billion in India; Sent Chinese Engineers to Train Workers This Year: Reports
Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...
-
Tiger Global, Other Investors Ask Indian Government to Reconsider Online Gaming Tax, Cite Investment Risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28 percent gaming tax, saying the levy would adversely impact $4 billion (roughly Rs. 32,800 crore) in prospective investments, a letter showed.
-
Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
-
A $4 Billion Fund Is Clashing With Government. How It's Impacting Decisions
When India launched its first state-backed investment fund in 2015, the project was met with great enthusiasm. Officials hoped to raise billions of dollars to improve the nation's infrastructure and attract foreign manufacturers.
-
5G Should Be Priced at Premium to 4G With More Data, Overall Tariffs Expected to Rise, Vodafone Idea MD Says
Vodafone Idea MD Ravinder Takkar said on Thursday that he expects 5G to be priced at a premium with more data bundled with plans compared to 4G services at present. Takkar made the statement during an earnings call, and said the operator has spent a significant amount in acquiring spectrum in the recently-held auctions which calls for a need to cha...
-
Sri Lanka Crisis To Have 'Big Impact' On Chinese Investments,Ties
While China has so far maintained a conspicuous silence on the dramatic fall of Sri Lanka's pro-Beijing Rajapaksa brothers, experts have warned that the current chaos in Colombo will have a "big impact" on the country's close ties.
-
"India Role As Regional Ally Can Have Positive Impact In Afghanistan": US Official
India as a key regional player and ally of the US and its history of investments in Afghanistan could have a positive impact on the future of the country now under Taliban control, a US State Department spokesperson has said here.
-
Yahoo Shuts Down News Sites in India Due to New FDI Rules That Limit Foreign Ownership of Media Houses
Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India.
-
"Positive Impact On Ease Of Living": President Lists Centre's Steps On Economy
An improvement in Ease of Doing Business rankings has a positive impact on the countrymen's Ease of Living, President Ram Nath Kovind said today as he spoke of the government's steps to simplify investments in key sectors.
-
New H-1B Visa Rules Mild Negative For Indian IT Services: Rating Agency ICRA
The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA has said.
-
India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
-
WHO Calls For Scaling Up Investments In Mental Healthcare
The vast social and economic impact of COVID-19 highlights the critical need for all countries in South-East Asia region to scale up investments for sustained and quality mental health care, the WHO said on Saturday on the occasion of World Mental Health Day.
