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India-New Zealand FTA: Pact allows dairy processing for re-export; Piyush Goyal rules out market opening

The concluded India–New Zealand free trade agreement includes a tightly ring-fenced investment arrangement that will allow New Zealand firms to process dairy inputs in India exclusively for re-export, while keeping India’s domestic dairy market fully protected, Commerce and Industry Minister Piyush Goyal said on Monday, PTI reported.Under the arrangement, firms from New Zealand can bring…

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Asset manager Janus Henderson gets bought by Trian, General Catalyst for $7.4 billion

Nelson Petz, Founding Partner and CEO of Trian Partners, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Asset manager Janus Henderson agreed to be acquired by investors Trian Fund Management and General Catalyst, the companies announced Monday. Trian and General Catalyst will…

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Worldwide US alert: Embassy offers pointers to H-1B, H-4 visa applicants amid social media checks; what has changed

As the US kicks off screening of social media, US embassy in India issued a worldwide alert for all H-1B and H-4 visa applicants. It called on the applicants to expect longer processing time, so to apply accordingly.“Beginning December 15, the Department of State expanded online presence reviews to ALL H-1B and H-4 applicants as…

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‘Neither free nor fair’: New Zealand’s foreign minister Winston Peters opposes FTA with India; cites tariffs on dairy

As India and New Zealand finalised a historic free trade agreement (FTA), not everyone was onboard. New Zealand’s foreign affairs minister Winston Peters voiced his opposition claiming the deal was “neither free nor fair”.“New Zealand First is regrettably opposed to the India Free Trade Agreement announced today. We consider the India-New Zealand Free Trade Agreement…

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Goa fire: Police remand of Luthra brothers extended by five days; 25 died in blaze at siblings’ nightclub | India News

Goa club fire: Court extends police remand of Luthra brothers till December 26 NEW DELHI: A Goa court on Monday extended by another five days the police remand of brothers Saurabh and Gaurav Luthra, co-owners of the “Birch by Romeo” nightclub where 25 people died in a fire on December 6.The siblings will now remain…

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Stats overhaul: New inflation and GDP base year series slated for February; IIP to follow in May

India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…

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