R Dinesh, president of the Confederation of Indian Industry, is optimistic about growth momentum. In an interview to TOI, he says significant private sector investment is happening across sectors. Excerpts:What is your assessment of the overall macroeconomic situation?Obviously, good indicator of the pack is that the platform or base is very very strong. Second is … Read more
Please indulge me in some taxi-driver reporting (or, in this case, ride-share driver reporting): A few months ago, travelling in a city cheaper than New York, my driver told me that he and his wife had a weekly date night. It was nothing fancy – a sit-down restaurant for a burger and a beer – … Read more
Mumbai: Foreign portfolio investors (FPIs) have to reveal the ultimate identities of every holder of overseas derivative instruments (ODIs) once such funds breach the exposure levels specified by the regulator. The Indian capital market regulator has spelt this out in a communique this week to the custodians of FPIs, a person aware of the matter … Read more
MUMBAI: Marc Miller, Canada’s immigration minister, recently released a report: ‘An Immigration System for Canada’s future’. Pursuant to this, the Immigration Refugees and Citizenship Canada (IRCC), the country’s immigration unit, will work towards better aligning the needs of the labour market with the immigration system, modernize the immigration system to enable tracking of applications and … Read more