Mauritius welcomes prospect of Trump examining Chagos deal

Mauritius welcomes prospect of Trump examining Chagos deal

Mauritian Prime Minister Navin Chandra Ramgoolam has questioned the deal agreed by his predecessor and it is yet to be ratified. File | Photo Credit: AFP Mauritius welcomes the prospect of U.S. President Donald Trump examining a deal reached by Britain and Mauritius over the sovereignty of the Chagos Islands, which house a U.S.-British military … Read more

CBDT ready to address queries on Mauritius DTAA update

CBDT ready to address queries on Mauritius DTAA update

New Delhi: India’s apex direct taxes body Friday said it will address all “queries” related to the amended Double Taxation Avoidance Agreement with Mauritius while terming concerns around it “premature” as the protocol is yet to be notified. “Some concerns have been raised on the India Mauritius DTAA amended recently. In this context, it is … Read more

Mobile wallet usage in India to grow at 18.3%, touch $6.4 trillion in 2028

Mobile wallet usage in India to grow at 18.3%, touch .4 trillion in 2028

Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more

Fadnavis unveils Chhatrapati Shivaji Maharaj’s statue in Mauritius

Fadnavis unveils Chhatrapati Shivaji Maharaj’s statue in Mauritius

Maharashtra Deputy CM at the premises of Maharashtra Bhavan in Mauritius. | Photo Credit: Special arrangement A 12-feet statue of Maratha warrior-king Chhatrapati Shivaji Maharaj was unveiled in Mauritius’s Maharashtra Bhavan on Friday to mark the strong bond between the two nations. Mauritian Prime Minister Pravind Kumar Jugnauth was joined by Maharashtra Deputy Chief Minister … Read more

Foreign direct investment rises 140% in Q2, Mauritius top source

Foreign direct investment rises 140% in Q2, Mauritius top source

NEW DELHI: Foreign direct investment (FDI) into India in the July-September quarter rose a massive 140% on year at $23.4 billion from $9.7 billion a year ago. Total FDI inflows including equity inflows, re-invested earnings and other capital was $28.1 billion in the second quarter compared to $14.06 billion in the September quarter of FY20. … Read more