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Asian shares rallied in early trade on Friday after investors reacted positively to easing geopolitical fears and a modest recovery in global risk sentiment following developments in Middle East peace efforts.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. Japan’s Nikkei 225 added 1.5%, while South Korea’s Kospi climbed 1.9%, leading regional advances. S&P…
The government’s move to relax foreign direct investment rules for China and other nations sharing land borders with India has drawn support from experts, who say the step attempts to strike a balance between attracting capital and protecting strategic interests. They also noted that the proposal for a 60-day fast-track approval window for investments in…
Johnny Depp stepped up profoundly for his friend Eric Dane during the final months of Eric Dane’s brave fight against ALS. The ‘Pirates of the Caribbean’ star quietly offered Eric Dane one of his Los Angeles homes to live in, essentially rent-free, easing a heavy burden as the disease progressed. This heartfelt gesture came to…
MUMBAI: RBI has released a draft circular revising its framework for lending to related parties, a move expected to significantly improve ease of doing business in the financial sector. By introducing scale-based materiality thresholds, the draft ensures that only sizeable loans to related parties require board or committee approval, replacing earlier blanket restrictions that often…
The Indian Embassy in Nepal on Friday advised Indian citizens to exercise caution while visiting the country. The embassy noted that the situation in Nepal had “improved considerably” in the past week but urged travellers to remain alert and follow future advisories and updates. “Indians travelling to Nepal are advised to exercise due caution and…
