Argentina’s new citizenship-by-investment programme offers foreign applicants two routes, requiring either a non-refundable $350,000 payment, around Rs 3.37 crore, or an $800,000 government bond worth nearly Rs 7.71 crore.
Economy
Argentina Offers Citizenship For Investment: Rs 3.37 Crore Payment Vs Rs 7.71 Crore Bond
Viksit Bharat By 2047 Is Within Reach, Says Shaktikanta Das; Names 5 Key PrioritiesIndia can sustain its growth momentum towards the Viksit Bharat 2047 goal by focusing on AI, a deeper financial ecosystem, strategic self-reliance, sustainable development and human capital, Shaktikanta Das said.
OPEC+ Set To Keep Quotas Steady in November, Delegates SayA sub-group of seven countries led by Saudi Arabia and Russia is set to keep targets steady in November, in line with an existing road map, delegates said.
GST Council May Allow Input Tax Credit On Group Insurance, Vehicles Taken On LeaseThe proposal, if approved, could allow employers to claim ITC on GST paid on group insurance premiums.
India Is Easy To Enter, Harder To Attract | The Week In WhysThe question is no longer just whether India can attract companies and capital. It is how much value they create here, how deeply they invest, and whether India remains relatively attractive when they have plenty of other options.
RBI Repo Rate May Climb To 6% In FY27 As G-Sec Yields Face Upward Pressure: ReportThe Union Bank expects a 25 basis point rate increase in October, followed by one or two additional hikes during the rest of FY27. The repo rate could consequently reach 5.75-6 percent accompanied by a hawkish policy stance signalling continued vigilance over inflation.
Wartime Energy Shock: Why G7 Cracked Open 100 Million Barrels Of Emergency Fuel ReserveThey added in a joint statement that the nations — France, Canada, Germany, Italy, Japan, the United Kingdom and the United States — will convene againin the context of the IEA in the coming days to discuss the possibility of additional diesel releases if necessary.
Bessent Downplays Worries On Rising Yields, AI Bubble ConcernsBessent said the recent rise in US Treasury yields was in line with global trends and didn't warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to their highest in more than two decades.
Piyush Goyal Pushes India Investment Pitch In Meetings With US CompaniesGoyal's US meetings with Target, Mondelez, Aon, Cognition, ADM and Nike covered India's manufacturing ecosystem, consumer market, AI capabilities and investment opportunities.
Week That Was: HDFC Bank's New CEO, Smit Machchhar's Heroics, Yield Spike, US-Iran Conflict & MoreHere are key developments from the last week of September that kept the week buzzing for the global and domestic market.
RBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: GuvMalhotra also flagged a new generation of systemic risks that are increasingly exogenous, cross-border and interconnected.
India's Gulf Oil Imports Jump In September As Suppliers Find Way Around Hormuz RiskIraq, Saudi Arabia and Kuwait sharply increased oil shipments to India in September as ship-to-ship transfers helped navigate Strait of Hormuz risks.