A good tax system should be uniform for all similar businesses. India has made a step in that direction by fixing a huge gap in the Minimum Alternate Tax (MAT) …
UAE
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Three tankers carrying Indian crew members have reportedly come under attack in the Gulf of Oman in recent days, resulting in the deaths of three Indian sailors. Reports indicate that …
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India Removes a Barrier to Global Electronics Manufacturing
by Rajat Mohanby Rajat Mohan 3 minutes readA long-standing tax ambiguity around foreign-owned equipment has now been addressed. This change could significantly influence how companies structure their operations in India, making the country a more predictable and …
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Abu Dhabi Food Hub Creates New Trade Corridor for Indian Food Exporters
by R. Suryamurthy 3 minutes readThe launch of the Indo-Food Park by the Trade Promotion Council of India (TPCI) and Abu Dhabi Food Hub is expected to open a new gateway for Indian food suppliers …
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G7 Finance Ministers Warn on Debt and Bond Market Turmoil Amid Iran Conflict
by UNIby UNI 2 minutes readFinance ministers and central bank chiefs from the G7 nations have gathered in France on Monday for the two-day deliberations over rising public debt, volatile bond markets and the global …
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Modi, Al Nahyan Push for Strategic Economic Corridor
by R. Suryamurthy 6 minutes readPrime Minister Narendra Modi’s visit to the United Arab Emirates on May 15 unfolded less as a ceremonial diplomatic engagement and more as a calibrated attempt by both countries to …
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India’s sharp rise in gold imports since the signing of the India-UAE trade agreement has come under renewed scrutiny, with trade think tank Global Trade Research Initiative (GTRI) backing Prime …
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South Asia Notes: Stock Taking of Challenges and Opportunities for Indian Diplomacy
by Elizabeth Roche 2 minutes readThe West Asia/Middle East crisis, India’s neighborhood, the China challenge, the state of multilateralism and multipolarity were some of the themes discussed at this year’s Heads of Missions meeting in …
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The UAE, in a startling announcement, said that it will withdraw from OPEC and the wider OPEC alliance, effectively ending nearly six decades of cooperation, in a move carrying potentially …
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India’s gem and jewelry exports stood at $27.72 billion (₹2.45 lakh crore) in the financial year 2025–26, marking a modest 0.93% rise in rupee terms but a 3.32% decline in …