NEW DELHI: Nearly six years after India tightened scrutiny of foreign direct investment from countries sharing land borders, the government has initiated a recalibration of the framework governing such investments, allowing minority ownership structures routed through overseas entities to access the automatic route while retaining approval requirements for direct investments from neighbouring jurisdictions.The Union Cabinet…

Russian President Vladimir Putin. (AP photo) Russia’s energy revenues are surging as the Iran war rattles global oil markets, with Vladimir Putin estimated to be earning at least $760 million a day from oil and gas exports.According to the Kyiv School of Economics (KSE) Institute, monthly revenues could nearly double from about $12 billion to…

US President Donald Trump on Sunday threatened China with “staggering” new tariffs if Beijing provides military assistance to Iran in the ongoing Middle East conflict.During an interview on Fox News’ Sunday Morning Futures, host Maria Bartiromo asked Trump whether his warning of a 50% tariff on countries aiding Iran was aimed at China.“Yes, China and…

The labour codes aim to simplify and consolidate India’s complex labour law framework. India’s new labour codes have introduced a structured distinction between the terms “employee” and “worker”. While all workers are employees, not all employees are workers. This distinction is more than just terminology – it determines the applicability of several statutory benefits and…

Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching implications beyond the immediate rise in global oil and gas prices. The Middle East conflict has led to hits on key energy infrastructure in Gulf…