Vaccine Maitri: India fulfils its promise to the world
Amid rapidly evolving global geo-political landscape, India's vaccine diplomacy will have a huge impact in promoting peace, security and prosperity worldwide.
India’s Civil Aviation sector gets a leg up in Budget 2021
India's finance minister in her budget speech proposed a tax holiday for aircraft-leasing companies and tax exemptions for airlines paying lease rentals to foreign lessors if they choose to be based in the country's upcoming international finance hub.
India’s 2021 budget brings major cheer for NRIs
Diaspora and entrepreneurs welcome scope for OPCs and simplified rules to avoid double taxation.
India’s relaxed rules on investment for insurers set to trigger interest from US, EU
According to the 2021-22 annual Indian Budget, the government will allow FDI of up to 74% in insurance entities, up from 49% currently, clearing the way for "foreign ownership and control with safeguards".
India and Qatar affirm their commitment for closer collaboration
The two countries exchanged views on issues of mutual interest at the regional and multilateral levels, including cooperation at the UN.
India Budget 2021-22 highlights – The key takeaways
The economy is projected to contract 7.7% in the current fiscal year, although the government forecasts growth of 11% for the coming fiscal year, after a massive COVID-19 vaccination drive and a rebound in consumer demand and investments.
India shares surge as budget 2021-22 focuses on growth; bond yields rise
Gains in ICICI Bank and IndusInd Bank after quarterly earnings lifted the Nifty Bank index 8.3% to an all-time closing high.
Strong Indo-Japan ties aids development in North East
Its geostrategic location and Japan’s need for new investment avenues have combined to help infrastructure development in India’s long neglected North Eastern states.
What they said about the Indian Budget 2021-22
Here are some reactions from Indian businesses, economists and analysts to Indian Finance Minister Nirmala Sitharaman’s 2021-22 Indian budget declarations.
India’s Essar bolsters UK’s low-carbon goals with new JV
Essar Oil UK, which operates the Stanlow Refinery in Britain, has struck a joint venture tie-up with UK-based Progressive Energy to help meet targets for the country’s decarbonising hydrogen production hub.