The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a […]
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The United States Department of State issued a statement announcing plans to impose visa restrictions on the travel agents aiding “illegal immigration” into the US. In a major announcement, the US State Department on Monday said that it is initiating action to impose visa restrictions on owners and senior officials of Indian travel agencies for […]
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