#PersonalFinance | NRIs and foreign investors enjoy low tax rates on investments made in the International Financial Services Centre (IFSC) in the Gujarat International Finance Tec-City (GIFT) located at Gandhinagar, Gujarat.
#PersonalFinance |Legally, the IFSC is considered a jurisdiction separate from the rest of India, that provides financial services in foreign currency.
#PersonalFinance | An AIF, which is a privately pooled investment vehicle, comes in three different categories. Category I funds invest in start-ups or early stage ventures.
#PersonalFinance | Category III funds such as hedge funds employ diverse or complex trading strategies for investment in listed or unlisted securities/derivatives.
#MintPrimer | Federal think tank NITI Aayog is holding a consultation on the upcoming electric vehicle (EV) battery swapping policy on Friday. Battery-as-a-service (BaaS) is seen as a viable charging alternative.
#MintPrimer | There are economic and operational constraints. Energy service providers offering swapping solutions have to charge 18% goods and services tax (GST) for swapping, compared to 5% GST on the purchase of an EV.
#MintPlainFacts | This week we look at the much-anticipated public offer of #LifeInsuranceCorporation of India, the voter turnouts in the ongoing state polls, and the political narratives being forged on Wikipedia’s pages
#MintPlainFacts | Project inaugurations during electoral campaigns are all about timing. Uttar Pradesh completed a record ₹53,162 crore worth of infrastructure projects in the Dec quarter, a recent Mint analysis showed.
#MintPlainFacts | After a long wait, state-owned insurer Life Insurance Corp. of India finally filed its draft papers with the stock market regulator on Sunday ahead of a public offer.
#MintLongStory | Sebi has indicted the former MD and CEO of the NSE, Chitra Ramkrishna, for corporate governance transgressions in a manner that has grabbed the world’s attention.
#MintLongStory | Ramkrishna has allegedly been guided by a yogi with whom she shared confidential information. She also appointed Anand Subramanian, an executive with little experience, as COO.
#MintPrimer | Militaries across the world have depended on satellite communications for a long time. However, many military experts, too, consider this form to be unreliable and too expensive to be made the sole communication medium.
#MintPrimer | The applications and the power of satellite internet are often exaggerated. In reality, these networks have limitations, the biggest being high latency and low bandwidths
#MintPlainFacts | With society becoming polarized and people living more of their lives online, one phenomenon that’s been growing is #Wikipedia vandalism.
#MintLongStory | Since the onset of the covid-19 pandemic and the shift to remote working, many software professionals have returned to their home towns to work in a safe, comfortable setting.
#MintLongStory | With productivity not being affected, IT companies and startups have been actively supporting these techies and are even actively recruiting freshers from non-metro centres.