FOREIGNERS ACT
Matthew VanDyke mocks Indians after release? Brahma Chellaney calls it ‘shocking’, revives ‘soft state’ criticism
Brahma Chellaney has called the release of Matthew VanDyke and six Ukrainian nationals from an Indian prison shocking, alleging that their departure followed Marco Rubio's intervention. His criticism comes as VanDyke posts about his detention and says he will disclose details of the case.
Earnings recovery, FII revival: 5 factors that will shape Dalal Street's next move after Q2
Indian equities are recovering as stronger Q2 earnings, renewed FII inflows and attractive largecap valuations lift sentiment. Analysts identify five key triggers for Dalal Street’s next move, including global AI volatility, geopolitical risks and sectoral flows.
Hidden pain! Why did investors lose money in 750 smallcaps when Nifty rallied 2500 points?
The Nifty has rallied nearly 13% in a month, but the recovery has bypassed hundreds of smaller stocks. ACE Equity data shows 769 stocks declined between October 8 and November 8, with several well-known companies losing over 20%. Here’s why the market rebound remains narrow and which stocks have suffered the steepest losses.
'We work for America, not the global order': Marco Rubio asserts US' 1st stance on China and trilateral engagement
Addressing the core friction between Washington and Beijing, Secretary Rubio emphasised that major power competition is an inevitable reality driven by competing national systems, on the sidelines of the G7 Foreign Ministers Meeting held in Paris, France.
US national Van Dyke links NIA arrest to Russia-Ukraine war, vows to reveal 'shocking details'
Matthew Aaron Van Dyke was arrested in India along with six Ukrainians for allegedly entering without valid documents. They were granted permission to travel home after more than six months in custody. Van Dyke claimed their imprisonment was part of Russia's war against Ukraine and promised to reveal alarming details. The National Investigation Agency continues to investigate alleged offences linked to their activities.
MEA flags Chinese livestreamers for allegedly passing off Dhaka as Delhi
India has condemned the actions of foreign content creators misrepresenting conditions in New Delhi with footage from Dhaka. Ministry of External Affairs spokesperson Randhir Jaiswal expressed concern over the distorted portrayal of living conditions. Reports revealed Chinese livestreamers broadcasting from low-income neighborhoods while claiming they were in India's capital. Authorities have been urged to take action against those involved in these misleading activities.
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Jefferies sees largecaps benefiting from FPI revival; Reliance, HDFC Bank, Axis Bank among potential beneficiaries
Jefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio investor (FPI) flows into Indian equities. The brokerage has identified 12 potential beneficiaries, including Reliance Industries, HDFC Bank, Axis Bank and Kotak Mahindra Bank, amid improving foreign flows and relatively reasonable valuations in the segment.
Jensen Huang row gives US lawmakers fresh ammo on chip controls
Members of the US Congress have urged for for tighter congressional oversight of advanced chip exports to China and legislations mandating companies to track chips to tackle smuggling.
What we know - and what we don't - as Nvidia investigates an alleged spy plot involving its CEO
China's Foreign Ministry dismissed the spying allegations on Monday, saying they amount to a smear campaign.
NCLT approves Ashdan Properties' resolution plan for Sunblink Real Estate
The National Company Law Tribunal approved Ashdan Properties' resolution plan for Sunblink Real Estate, which involved significant creditor dues. Sunblink Real Estate's insolvency proceedings were initiated over a default related to financial obligations. The properties in question include sea-facing buildings in Mumbai's Worli area, acquired previously from entities linked to Iqbal Mirchi. The resolution plan allocates Rs 143 crore to the secured financial creditor Piramal Finance over several instalments.
Sheikh Hasina seeks fresh passport, national ID for Bangladesh return amid extradition demands
Sheikh Hasina has requested a new passport and national identity card to facilitate her return to Dhaka. Bangladesh's state minister for foreign affairs has called for her extradition instead of issuing new travel documents. Officials are currently reviewing the legitimacy of Hasina's application for these documents. The matter could impact the diplomatic relations between Bangladesh and India significantly.
India risks losing tax revenue by delaying global minimum tax rollout
India’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countries, according to the article. It cites Apple’s FY2026 tax disclosure to show how Singapore’s 15% minimum tax has helped it collect additional revenue while retaining investment incentives.
FIIs extend buying momentum on Dalal Street with Rs 7,212 crore inflows; DIIs continue equity sell-off
Foreign institutional investors recorded significant net purchases of Indian equities on November 9. Domestic institutional investors continued their trend of selling equities, resulting in a notable outflow. Both Sensex and Nifty indices finished higher despite volatile trading during the session. Analysts attributed positive market sentiment to better-than-expected corporate earnings and easing geopolitical concerns. Investors are currently awaiting key inflation data from India and the US for further insights.
Indian parents getting US residency? 6 financial implications to consider before applying
Investments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA to hold resident bank and demat accounts after moving abroad on a permanent resident status. All such accounts must be converted to non-resident, and FATCA forms disclosing the residential status abroad should be filled up.
Nvidia probes CEO Jensen Huang’s affair with alleged Chinese spy: Here’s the lowdown
Nvidia has initiated an inquiry regarding CEO Jensen Huang's alleged involvement with businesswoman Alice Huang, who is reportedly associated with potential espionage activities linked to China. She, however, refutes these claims. An independent committee will manage the investigation, focusing on any implications for national security. Huang has acknowledged his infidelity and issued an apology to both his family and the organization. U.S.
Bumper returns is the call! How can investors make money in Samvat 2083 after a year of stagnation?
After a rough year marked by heavy FPI outflows, geopolitical tensions and soaring crude prices, Indian equities staged a sharp pre-Diwali recovery. Easing oil prices, renewed foreign buying and improving corporate earnings have revived hopes for Samvat 2083. However, concerns over midcap and smallcap valuations, global uncertainty and uneven earnings growth could make the recovery challenging.
Taxpayers fret over loose ends in amnesty scheme, seek CBDT clarity on foreign asset disclosure rules as deadline nears
Many taxpayers are unsure if they need to report various accounts due to ambiguous regulations. Clarification is being sought from the Central Board of Direct Taxes regarding ownership versus authority, among other things.
Sensex, Nifty end Muhurat Trading session in red for first time in 9 years. Are the bulls losing steam?
Sensex and Nifty erased all early gains and closed in the red following the Muhurat Trading session on Sunday, marking the first time the benchmark indices ended with losses during the special Diwali session in 9 years.
Iran executes three men linked to anti-government protests
Iranian authorities executed three men on Sunday after convicting them of carrying out operations on behalf of Israel and the United States during anti-government protests in January, the judiciary said. It said they were found guilty of "participating in operational activities on behalf of the Israeli Zionist regime, the United States and hostile groups" during the protests.
FIIs pump Rs 45,960 crore into Indian stocks in a week; is the tide finally turning for Dalal Street?
Foreign institutional investors poured a net Rs 45,960 crore into Indian equities in one week, reversing October’s outflows and fuelling a sharp market rally. Improving earnings, attractive valuations and global AI stock corrections are driving renewed interest. However, sustainability of inflows, crude prices and geopolitical risks remain key concerns.
FIIs step up India buying, pour Rs 13,750 crore on Friday; total buying hits Rs 53,154 crore in 14 days
Foreign institutional investors bought Rs 13,750 crore worth of Indian equities on November 6, extending their buying streak to 14 sessions. Cumulative inflows reached Rs 53,154 crore, lifting benchmark indices despite continued domestic institutional selling.
Nvidia CEO Jensen Huang called by key Republicans over Chinese spy Alice Huang allegations
Top Republican lawmakers have requested Nvidia CEO Jensen Huang to provide a briefing on his connections to Alice Huang. This request follows allegations related to national security concerns involving advanced AI chips. Lawmakers emphasized the need to address the extent of risk posed to U.S. national security. Huang's discussions with numerous executives include ordinary business information, according to Nvidia's claims.
Key Republicans seek briefing from Nvidia CEO over Chinese spy allegations
The New York Times reported last month that US authorities were investigating Alice Huang, a former executive of Singpore-based company Megaspeed, which buys AI chips from Nvidia. US authorities have scrutinized Megaspeed over suspicionsit helped Beijing gain access to advanced AI chips that are barred from shipment to China.
FIIs pour Rs 15,000 crore into Indian stocks in biggest single day buying over a year
Foreign institutional investors invested Rs 14,975 crore in Indian equities on Thursday, marking their biggest single-day purchase in over a year. The buying spree boosted market sentiment, sending the Nifty up 2.4% amid easing crude prices and improving global cues.
"End deep hatred against BJP, RSS": Rijiju's 7-point advice to Rahul Gandhi to win more MPs
Union Parliamentary Affairs Minister Kiren Rijiju listed seven suggestions for Congress leader Rahul Gandhi to improve performance. He encouraged Gandhi to spend more time in India and foster respect among senior leaders. Rijiju also recommended against promoting any anti-India agenda and emphasized treating the BJP as a political opponent instead of an enemy. Meanwhile, Rahul Gandhi challenged Prime Minister Modi to a public debate on various allegations.
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appeals
FICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlighted concerns regarding the withdrawal of foreign portfolio investments and the impact of capital gains tax. Additionally, it requested the government to implement lighter TDS rules and resolve backlog issues in tax appeals. FICCI emphasized the need for measures to provide certainty to investors over the long term.
Faith-based groups get only 6 pc of foreign contributions received in India: FCRA JPC chief
The Joint Parliamentary Committee is currently reviewing the implications of the Foreign Contribution Regulation Act Amendment Bill. Notably, churches only receive a mere six percent of total foreign donations, while NGOs dominate the majority. Opposition groups express concerns over the bill's potential adverse effects on minority organizations and social initiatives.
Rahul Gandhi being used by foreign powers to destabilise India: Nitin Nabin
Nitin Nabin criticized opposition parties during a rally in Bhagalpur as part of the BJP's campaign. He accused Rahul Gandhi of being manipulated by foreign powers to incite anarchy in India. Nabin stated that opposition parties struggled to present complaints during the electoral process due to insufficient grassroots support. He pointed out that past elections demonstrated voters rejecting the Congress-led UPA due to various issues.
Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must know
The Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals will benefit from tax exemptions on foreign-source income for five tax years. Disability pensions are only exempted if individuals are invalided out due to service-related disabilities. Compulsory land acquisition income will also be tax-exempt, clarifying previous ambiguities in the law.
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