Owning overseas real estate, whether in Dubai, London or Singapore, has become an increasingly popular aspiration among Indian investors. But recent enforcement action has highlighted that foreign property purchases can invite regulatory scrutiny if Foreign Exchange Management Act (FEMA) rules are not followed carefully.Earlier this month, the Directorate of Enforcement conducted searches under FEMA, 1999…
Foreign direct investment (FDI) into India increased 18 per cent year-on-year to $47.87 billion during April-December 2025-26, with inflows from the United States nearly doubling in the first nine months of the fiscal, government data released on Friday showed.FDI during April-December FY24 had stood at $40.67 billion, PTI reported.In the October-December quarter of 2025-26, FDI…
Deepinder Goyal (File photo) Zomato founder Deepinder Goyal on Friday announced that his new health tech venture, Temple, has secured $54 million in its first funding round from friends and family, and valued at approximately $190 million.“Temple has raised its first round. Friends and family. $54m. Post-money valuation of ~$190m,” said Goyal on X.Temple, which…