June 8, 2025
Operating Assets

India scraps short-term investment, concentration limits for foreign investors in corporate debt

BENGALURU (Reuters) -India’s central bank said on Thursday it has decided to withdraw short-term investment and concentration limits for foreign portfolio investors (FPIs) in corporate debt securities, in a move aimed at boosting foreign inflows. Previously, short-term investment cap required FPI’s investments in corporate debt with maturity of up to one year to not exceed

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Operating Assets

Florida’s sales tax would more than double if state ditches property taxes

A new report shows that a push to end property taxes in the Sunshine State wouldn’t come without some pain for consumers. Florida’s taxpayers will be whacked with the highest sales taxes in the nation if the state follows through with Gov. Ron DeSantis’ proposal to ditch property taxes, a think tank’s analysis reported Monday.

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