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India Weekly Update from Tom Thomas

Volume1/Issue 32 - August 20th 2021

· News from Scotland and Beyond
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COP26 PRESIDENT ALOK SHARMA’S INDIA VISITCONCLUDES ON A CONCRETE NOTE: The recent visit of COP26 President Alok Sharma to India concludes on a concrete note.

India asks US Court to reject Cairn Energy lawsuit: India asks US Court to reject Cairn Energy lawsuit considering changes made in retrospective tax laws recently.

India UK trade deal talks - close to an early harvest: India looks to close the UK trade talks that are on with an early harvest if possible says Commerce Minister Piyush Goyal.

Indian Fintech sector rakes in Billion Dollar plusinvestments in first half of FY ‘21’ KPMG: Indian Fintech sector rakes in healthy investment in the first half of FY 21 according to KPMG.

"Over the next 12 months, we expect leadingfintech unicorns trying to tap into the strong capital market by looking at an IPO" Sanjay Doshi, Partner KPMG India

OFF-BEAT: SHIFT TOWARDS DIGITAL GOLD ON THE RISEIN INDIA: Gold is one of the favoured investment clasess in India. The recent pandemic has caused a shift in many aspects , including a trend of investing in Digital Gold in India.


“I have had a set of veryconstructive discussions withministers here and I am incredibly encouraged by the visionary speech Prime Minister Modi made on Independence Day, in particular the reference to renewables and green hydrogen... I am looking forward to working closely with India and other partners to achieve success at COP26." Alok Sharma, COP26 President

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