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MUMBAI: Thanks to the war in West Asia and the ensuing oil price-led shock that the Indian economy is currently facing, top foreign brokerages and analysts have cut earnings estimates for India Inc as well as targets for Nifty by nearly 12%. They also warned that if the war continues for long and the oil…
Indian equity markets in March saw foreign investors pulling out Rs 1.14 lakh crore, making it the highest monthly outflow on record. The sharp withdrawal has been largely attributed to rising tensions in the Middle East, pressure on rupee, and growing concerns over how elevated crude oil prices could weigh on the country’s growth.With just…
FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular salaries…
A bill introduced in the Senate is proposing stricter monitoring of foreign students and staff at universities, this has sparked concern among academic groups, with critics warning that the move could increase scrutiny of international students a large contingent of whom are Indians.As per the latest Open Doors report (covering 2024-25 academic year), India with…
Ottniel Baartman (l) and PSL trophy After Zimbabwe’s Blessing Muzarabani and Sri Lanka’s Dasun Shanaka, South African fast bowler Ottniel Baartman could be the third foreign player to ditch the Pakistan Super League (PSL) and join an Indian Premier League (IPL) franchise.The 33-year-old right-arm fast bowler withdrew from the PSL last week and Pakistani news…
NEW DELHI: Leader of oppofition in Lok Sabha Rahul Gandhi said that India’s foreign policy was Prime Minister Narendra Modi’s “personal” policy and called it a “universal joke”. He further accused that the prime minister was “compromised”, adding that he was acting upon US President Donald Trump‘s directions.“Our foreign policy is PM Modi‘s personal foreign…
Auto driver tricks tourist into using abusive language JAIPUR: Tourist police station in Jaipur Monday arrested an auto-rickshaw driver for allegedly misleading a woman foreign tourist into speaking abusive and derogatory Hindi words. Police arrested the driver on charges of misconduct and harassment of tourists. According to police officers, the incident came to their notice…
NEW DELHI: Rebel groups in Pakistan have warned international cricketers to immediately withdraw from the upcoming Pakistan Super League (PSL), placing the 11th edition of the tournament in a security crisis days ahead of its start on March 26.The statement, issued by Tehrik-e-Taliban Pakistan (TTP) spokesperson Asad Mansoor, frames the T20 league as a “cruel…
The rupee breached the 94-per-dollar mark for the first time ever on Monday but recovered sharply to close flat at 93.53 against the US dollar, instead of ending at a fresh record closing low, amid geopolitical tensions in the Middle East, persistent foreign fund outflows and volatile crude oil prices.At the interbank foreign exchange market,…
The 11th edition of the Pakistan Super League (PSL), set to begin on March 26, faces uncertainty after a warning was issued by the Tehrik-e-Taliban Pakistan (TTP) to foreign players against participation in the tournament. The Jamaat-ul-Ahrar faction of the group has advised overseas players to withdraw from the tournament, citing security concerns.The development comes…
