The main reasons that should help you decide about investing overseas
Do you want to invest outside India? Read this article first January 26, 2021 / 04:35 PM IST
Do you want to invest outside India? Are you planning to move abroad? Would you like to invest in another country and get a Permanent Residency or Citizenship? If yes, it is highly advisable to start planning such an investment now.
The main reasons one may want to invest overseas are:
Portfolio diversification
Portfolio diversification is key to sound investment planning. Most of you would have already diversified your investment across various assets – Equities, Bonds, Funds, Real Estate, Gold, etc. Similarly, it also makes sense to diversify your investment geographically to manage risk, especially geopolitical risks, as well domestic economic and political risks.
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As COVID-19 upended businesses worldwide in 2020, Indian startups were not spared. Investments shrank and many resorted to layoffs, furloughs and pay cuts to keep their businesses afloat.
With just over a week to go for the Union Budget, the startup ecosystem expects Finance Minister Nirmala Sitharaman will take steps to reduce taxes and ease regulations to encourage foreign investments, while giving sunshine sectors such as edtech a further boost.
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Some investors say the Budget should boost consumption that took a beating as restaurants, shopping malls and theatres, among other businesses, remained hit by COVID-19 restrictions for most of last year.
The plea, filed on January 20, also referred to a response received under the Right to Information Act and said there has been acute shortage of secretarial and other staffers in the tribunal, adversely impacting the functioning of the tribunal.
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NEW DELHI: The Union home ministry has given the Enforcement Directorate (ED) access to the search tool of Crime and Criminal Tracking Network and Systems (CCTNS) and Interoperable Criminal Justice System (ICJS).
While CCTNS is an integrated database of crime records of police stations across the country, ICJS enables seamless transfer of data and information among different pillars of criminal justice system like courts, police, prisons, forensic laboratories, from one platform. CCTNS has already been integrated with ICJS.
“Access of ICJS/CCTNS search was provided to Enforcement Directorate (ED) on their request. Administrative user has been created for ED to create further users for their field officers to access ICJS/CCTNS search,” the home ministry said in a document listing its major achievements for November 2020.
Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally
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Reliance, based on which the Bombay Stock Exchange also granted its no adverse observation report to the Rs 24,713-crore deal.
Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court. The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August.