Large private sector banks in India are blocking Indian promoters’ plans to establish investment companies abroad due to concerns of sidestepping foreign currency regulations. Offshore entities can move significantly higher amounts compared to the liberalised remittance scheme, raising concerns of misuse for personal use.
Tesla’s $584 billion wipeout: 4 forces behind the EV giant’s accelerating 45% stock car
Tesla’s lead in EV infrastructure is at risk. In March, Chinese competitor BYD launched a next-gen fast-charging station that provides 400 kilometers (around 250 miles)
April 9, 2025