No imminent change to foreign investment strategy in space: In-Space’s Pawan Goenka

[ad_1] Mumbai: The Centre does not intend to alter its foreign direct investment (FDI) strategy in the space sector, said Pawan Goenka, chairman of the Department of Space-affiliated regulatory body for the space industry, Indian National Space Promotion and Authorization Centre (In-Space), on Monday. Based on the Union government’s amended space FDI policy from February…

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Stop Comparing Hong Kong to Singapore

[ad_1] (Bloomberg Opinion) — Business travelers have been visiting Hong Kong in recent weeks, attending big finance conferences and mulling whether to wade back into China. Chinese and Hong Kong stocks are up by some $2 trillion in market value since the January lows. Exchanging investment ideas aside, visitors are keen to offer their views…

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India’s tax authorities should work harder to make peace with taxpayers

[ad_1] Indians have long had a confrontational relationship with the nation’s tax office, whose adversarial approach has crushed countless small businesses and international investors. This was meant to be the year the government fixed all that and repaired relations with taxpayers. A few weeks ago, India’s federal budget cut taxes for many middle-class Indians. It…

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Game-changer: Using UPI abroad is just as easy as you’d expect

[ad_1] The National Payments Corporation of India (NPCI) has been expanding UPI’s global footprint since its first international collaboration with Singapore in 2020. Countries that now accept UPI payments include Singapore, the United Arab Emirates, Sri Lanka, Mauritius, Bhutan, Nepal and France.  Arun Panicker, a 56-year-old traveler from India, recently experienced this firsthand during a…

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