According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc
UP is targetting to increase merchandise exports to almost Rs 3 trillion in the next three years
Most investors are more cautious in deploying capital towards growth businesses, especially in late-stage startup investments, which are key drivers in a funding cycle
"When the people of India will get modern hospitals and facilities for treatment, then they will get well sooner, and their energy will be channelled in the right direction," he added.
Nagaland has many natural resources, which are yet to be explored and lying underground, state minister Neiba Kronu said, inviting corporates to invest in the state. Addressing the closing session of the Corporate Social Responsibility (CSR) and Investment Conclave on Tuesday night, Kronu said Nagaland has fertile soil and can grow everything. "There is huge scope as all the resources in the state, including mineral resources, petroleum and gold, are unexplored. All these resources are unexplored and lying underground," he said. "Nagaland has a fertile soil and everything can grow here, while the produce has a different taste from other parts of the country," he added. Kronu, the minister for Planning and Coordination, Land Revenue and Parliamentary Affairs, also thanked the corporates for coming forward for the development of the state. "We will expect your visit again. As you go back, share the good things about the state to others, and leave the bad here and forget it," he ...
Holding less than 10% in an overseas entity not considered 'control'
Warren Buffett's company received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it's not immediately clear how many more shares Berkshire Hathaway plans to buy or whether it will consider buying the entire company. Shares of the of the oil producer soared nearly 12% Friday after the Federal Energy Regulatory Commission revealed that it had approved Berkshire's request to buy up to 50% of the Houston company. Shares slid 4% to around $69 amid a broader sell-off Monday and as speculation cooled over the potential for Berkshire to buy the entire company. Berkshire doesn't typically comment on its stock investments beyond what it is required to disclose, and Buffett didn't respond to questions about Occidental on Monday. But Buffett told shareholders at the company's annual meeting in April that he started buying Occidental shares in late February because what the CEO was telling investors then made nothing but sense to him. Berkshire's Occidental ...
New rules will be effective from Monday
Billionaire investor Ryan Cohen's investment vehicle RC Ventures intends to sell 9.45 million shares, a filing late on Wednesday showed
Stride Ventures, announced the close of its second India fund at $200 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.
The crucial issue is what should be the interest rate to attract overseas investors, mainly Indians to take part in it
It was a mixed session for the stocks owned by ace investor Rakesh Jhunjhunwala, who passed away on Sunday. With his insights no longer guiding investors, is it time for you to exit these stocks?
Prime Minister Narendra Modi led the nation in paying tribute to ace investor Rakesh Jhunjhunwala - who died on Sunday. Our next report offers a peek into the ace investor's journey
As inflationary pressures unbind, corporate earnings growth will draw level, says Vinit Sambre, head-equities, DSP Investment Managers
Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones
The fund is the venture arm of SPVH group, a global investment and holding company having different verticals and business interests
Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones
Dezerv was founded in 2021 by Sandeep Jethwani, Vaibhav Porwal and Sahil Contractor and so far seen more than Rs 800 crore invested through the platform