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The government is set to soon notify changes under the Foreign Exchange Management Act (FEMA) that will ease foreign direct investment (FDI) norms for overseas companies with up to 10 per cent Chinese shareholding, a senior official told news agency PTI on Thursday.Once notified by the Department of Economic Affairs (DEA), the revised framework will…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2062.95, up 1.1% (+22.36) since 4 p.m. ET on Wednesday. Nineteen of 20 assets are trading higher. Leaders: APT (+4.4%) and ICP (+2.4%). Laggards: AAVE (-0.2%) and BCH (+0.0%)….
Mamata Banerjee, MK Stalin, Pinarayi Vijayan and Himanta Biswa Sarma NEW DELHI: Exit poll predictions released on Thursday by Today’s Chanakya covered the upcoming assembly results in West Bengal, Tamil Nadu, Assam, and Kerala.The projections came a day after several other pollsters released their estimates for these states.Today’s Chanakya, in its poll predictions for West…
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Long ago, Indian kitchens ran on firewood, charcoal, and cow dung cakes. Today, almost every home runs on that one familiar blue flame: LPG.That familiar red gas cylinder is what keeps it all going. The steady blue flame is powered by LPG or Liquified Petroleum Gas, which has travelled a complex journey: crossing oceans, borders,…
Chief Economic Adviser V Anantha Nageswaran on Thursday said the Indian economy is well placed to withstand external disruptions and emerge stronger, asserting that the country’s macroeconomic strength built in recent years provides a cushion against global uncertainty.Speaking to ANI, Nageswaran said India had sustained growth of over 7 per cent before the recent geopolitical…
The US economy grew at an annualised pace of 2 per cent in the January-March quarter recovering from the drag caused by last year’s 43-day federal government shutdown, though the outlook has been clouded by the ongoing Iran war, AP reported.The Commerce Department said on Thursday that gross domestic product (GDP), which measures the nation’s…
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