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The proposed revision in the rules aims to ensure foreign investors cannot bypass the intent of India's FDI policy, the report added.

India plans stricter rules for companies with foreign ownership: Report

by Reuters |May 19, 2025

New Delhi plans to create a new category of "foreign-owned and controlled entities" (FOCE), which will also include Indian firms with "indirect foreign investment", according to the report.

Amid growing public anger in India against Turkey's stance on Pakistan in the India-Pakistan conflict, Indians have been cancelling holidays.

Air India lobbies government to axe IndiGo lease with Turkish carrier: Report

by Reuters |May 16, 2025

Since 2023, IndiGo has had a leasing arrangement with state-backed Turkish Airlines, which has provided two planes with pilots and some crew to IndiGo to operate on New Delhi- and Mumbai-to-Istanbul r...

South Korea's information privacy watchdog plans to ask DeepSeek about how the personal information of users is managed.

South Korean ministries block China’s DeepSeek over security concerns; govt advises caution

by Reuters |Feb 6, 2025

At least three South Korean ministries have temporarily blocked employee access to Chinese artificial intelligence startup DeepSeek due to security concerns.

The Fed's rate decision on Wednesday was widely anticipated following its rate cuts in 2024, which reduced the benchmark rate by a full percentage point.

US Federal Reserve leaves rates unchanged, sees no hurry to cut again

by Reuters |Jan 30, 2025

Trump returned to power last week with promises of import tariffs, an immigration crackdown, tax cuts and looser regulation.

"It's not appropriate" to comment on what the president says, Powell said Wednesday when asked.

US Federal Reserve guided by economic goals and the law, not politics, says Jerome Powell

by Reuters |Jan 30, 2025

The Fed guards its monetary policy independence carefully, arguing that political influence over central bank interest-rate setting undermines its ability to control inflation.

South Korea plane crash

South Korean transport minister plans to resign over country's worst air crash

by Reuters |Jan 7, 2025

Joo Jong-wan, the deputy transport minister for civil aviation, acknowledged that safety measures were not sufficient when building the embankment, but said they were done in line with regulations in ...

Liam Payne fell from third-floor hotel room balcony

One Direction singer Liam Payne dead after falling from Buenos Aires hotel balcony

by Reuters |Oct 17, 2024

Emergency workers confirmed the death of the British singer, who was reportedly found in the hotel's interior patio.

israel hamas war

Hamas will rise 'like a phoenix' from the ashes, leader-in-exile says

by Reuters |Oct 8, 2024

"Palestinian history is made of cycles," Meshaal, 68, a senior Hamas figure under overall leader Yahya Sinwar, told Reuters in an interview.

Large fireballs lit the darkened skyline and booms reverberated across Beirut.

Israel bombs Lebanon, Gaza ahead of one-year anniversary of Oct. 7 attacks

by Reuters |Oct 7, 2024

Hezbollah rockets launched late on Sunday got past Israeli air defence systems and landed in Haifa, Israel's third-largest city, causing damage to buildings, police said.

oil tanks

Oil prices tick up as crude, gasoline inventories ease

by Reuters |Jul 11, 2024

A view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022.