India poised to ban private crypto ownership with stringent bill Crypto crackdown India’s government said late last night that it would reintroduce a bill which could ban most crypto ownership and establish a CBDC.
Indian social media ShareChat teeters on $3bn valuation after funding rally Indian social media ShareChat teeters on $3bn valuation after funding rally Indian social media platform ShareChat is teetering on a valuation of $3bn after its latest funding round pulled in $145m. It comes not even three months after the Bangalore-based startup bagged $502m in backing, which hoisted its valuation to $2.1bn. With a climbing value, ShareChat has managed to secure a cool $911m in funding over [...]
Cairn Energy wins freeze on India-owned assets worth €20m in Paris UK-listed Cairn Energy won a freeze on €20m Indian assets in Paris UK-listed Cairn Energy wins a freeze on some of India’s state-owned assets in Paris, worth over €20m (£17m), as the company dials up the pressure on the government of India to pay an arbitration award that it won last year. Cairn said the freeze was ordered by a French tribunal on around 20 centrally located [...]
Where is Kashmir? Twitter faces police probe in India over controversial map June 29, 2021 A Hindu hardline group has filed a complaint with police against Twitter’s country head after politically-sensitive regions were depicted outside a map of India on its website, kickstarting an investigation in a fresh headache for the US tech firm. Watch the full report.
India’s latest wave worsens, accounting for nearly half of global Covid cases May 5, 2021 India accounted for one in four global Covid-19 deaths last week, the World Health Organisation (WHO) said today, as the UK pledged to send 1,000 ventilators in aid on Sunday. The WHO said in its weekly epidemiological report that India accounted for 46 per cent of global cases and 25 per cent of global deaths [...]
India to take back illegal migrants in return for more UK visas May 4, 2021 The UK and India today reached an agreement on migration and mobility between the two countries as they looked to deepen economic ties following Brexit. The pact will provide more employment opportunities for 3,000 young Indian professionals annually, in return for the country agreeing to take back its citizens who are living illegally in the [...]
Forging closer ties with India is crucial, but let’s not lose sight of our neighbours February 3, 2020 Now that the UK has formally left the EU, our trading ties with partners across the world will be more in focus than ever before. This includes our relationship with India, a country I visited last week to promote ties in financial and professional services. The UK-India partnership is now worth some £20bn, with nearly [...]
India and the ESG challenge November 19, 2019 The year 2019 is setting records and not the kind our planet would have liked. Not only will 2019 be among the hottest years recorded, but July was the hottest month in the 140 years that temperature records have been kept. Climate change is for real, and in India, our challenge is grave. Current and [...]
India’s economic reform needs a little more authoritarianism May 14, 2019 With the world’s largest General Election now fully underway, more and more people are expressing concern of a national impasse in India: a crossroads in terms of social, economic, and perhaps even constitutional identity. Since Prime Minister Narendra Modi came to power in 2014, questions around India’s economic potential have become inextricably linked to issues [...]
UK is investing more in India than any other G20 country September 2, 2015 BRITAIN is investing more in India than any other country in the G20, according to a new report out today from the Confederation of British Industry (CBI). The CBI, with PwC and the UK India Business Council, found that in the past five years, the UK had invested $22.2bn (£14.5bn) in India, making up nine per cent [...]