Courtesy: Realty Plus
The Golden Visa, an investment-for-residence offered by 100 countries, is a status symbol for the wealthy and their investments. Now governments are discovering it is also a safe hideout for tax evaders and money launderers, and several countries that offer it are no longer as attractive to live in. High net worth Indians who have enjoyed the status, may be better off investing at home in GIFT City.
Courtesy: Gateway House/Google
India’s new policy of allowing foreign universities to set up their operations in India offers an unprecedented opportunity for Indian cities to revitalise themselves. In Mumbai, the city and state administration can reposition the central business district of Nariman Point and turn this tip of the Arabian Sea into a vibrant international education hub. The model of Lower Manhattan is applicable.
Courtesy: ANI
Since 1947, India has had a proud record of development cooperation. It began even though it was newly independent and itself developing, but created a camaraderie with movements in other emerging countries. Now after 75 years, its time to move toward an FDI-led model, which will particularly help reduce the rising indebtedness in the developing world.
Courtesy: PM India
The reason for the two countries’ continued good relationship? They share strategic interests and universal values even if they have divergent ways of thinking
Courtesy: topnews.in
In its recent monetary policy document, the Reserve Bank of India has imposed strict maturity conditions on foreign portfolio investment in debt to get a better handle on risk. But a fiscal solution would be more elegant and effective
Courtesy: MercoPress - South Atlantic News Agency
MercoPress - South Atlantic News Agency republished Ambassador R. Viswanathan's article on the failure of Jindal’s mining and steel project in Bolivia. Ambassador opines that a foreign investment plan should always be corroborated with a proper political risk analysis to ascertain the understanding of local politics and culture.
Courtesy: wallygrom/Flickr
The move by the Maldives to renege on Bangalore-based GMR’s $500 million investment is a classic case of geopolitics trumping geoeconomics. This is an appropriate time for India to boost its diplomatic efforts by including the Ministry of Commerce in initiatives taken by the Ministry of External Affairs.