foreign ownership

Non-Resident Indians dying without a will face complex property distribution in India. Intestate succession can lead to disputes and delays, requiring heir certificates, succession certificates, and mutation of property records. Indian succession laws, based on religion, govern inheritance for property in India, regardless of the deceased's foreign citizenship. A will is strongly advised to simplify the process.

Nepalese porters working on high-altitude treks in Uttarkashi are now required to register online as foreign nationals with passport and visa details. This new directive has stalled peak-season expeditions and created uncertainty for trekking agencies, who argue it violates the India-Nepal Treaty of Peace and Friendship, 1950.

Bench Questions Whether 1950 Treaty’s Reciprocity Works In Practice

Until 2010, outfits like Adventure Consultants and Himex (New Zealand), Alpine Ascents International and International Mountain Guides (US), and Jagged Globe (UK) dominated Everest, while Nepalis worked merely as employees for these firms.

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry, sources said. Talks around reducing taxes for overseas investors have accelerated amid efforts to slow the rupee’s decline, they added.

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

India's space regulator is offering full technology transfer for the reliable PSLV rocket to private firms, aiming to boost commercial launches. This follows a similar move for the SSLV. Despite delays in the first industry-built PSLV and SSLV, the government seeks an industry-driven launch ecosystem, signaling a major shift from ISRO's production model.

Former Tata Sons vice chairman argues an IPO can undermine the company’s special role in the group, and may not unlock much value

Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The remarkable thing about Byju’s is that it did not begin as a cynical idea. There was something authentic at its core. That is partly why the collapse feels so dramatic

Nivesh Karki, executive director and co-founder of Pioneer Adventure, the expedition agency handling the dead climbers, said, “They fell ill while descending at high altitude. We are working out how to retrieve the bodies.”

Foreign investors are significantly reducing their stake in Indian equities, with FII ownership hitting a multi-year low. Concurrently, domestic institutional investors, particularly mutual funds fueled by SIPs, are increasing their holdings, absorbing much of the foreign selling and reshaping market ownership.

Selling abates, foreign funds in no rush to buy: Goldman Sachs

India's enduring love for gold spans centuries, evolving from tradition to modern investment. Women hold vast reserves, and the market is set for significant growth. Digital gold and ETFs are gaining traction alongside traditional jewellery. Gold remains a symbol of prosperity, security, and auspiciousness for Indians across generations.

Indian Super League clubs, excluding East Bengal, have proposed a club-led model for future league operations and commercialisation. They aim to manage responsibilities, citing local market knowledge and cost-saving potential. This proposal comes ahead of a crucial meeting with the AIFF president Kalyan Chaubey on May 22.

Air India’s losses in 2025-26 at Rs 27,000 crore are the highest ever recorded in its 94-year-old history. In all, Air India has lost Rs 55,000 crore since Tatas took over the airline. Will these complicate final years of N Chandrasekaran’s tenure as Tata Sons chairman?

Malaysia's maritime agency refutes claims of ignoring sanctioned Iranian oil transfers near its waters. Iranian-linked tankers reportedly exploit "jurisdictional gaps" for ship-to-ship transfers, a practice advocacy groups say Malaysia facilitates. Authorities state operations often occur beyond radar coverage, complicating enforcement. Indonesia is also reviewing border oil transfers.