The 2023 G20 summit was held in New Delhi, India, on September 9-10, 2023. The main venue was the Pragati Maidan, a large exhibition complex in central Delhi. The summit was also held at other venues in New Delhi, including the Hyderabad House, the Prime Minister's residence, and the India International Centre. The 2023 G20 summit was attended by the leaders of the 20 member countries of the G20, as well as the leaders of several invited countries, including Argentina, Indonesia, Senegal, South Africa, and Turkey. The summit was also attended by the heads of international organizations, such as the United Nations, the World Bank, and the International Monetary Fund. The G20 Delhi Declaration was the outcome document of the 2023 G20 summit. It was a 38-paragraph document that covered a wide range of issues, including: The global economy and finance: The declaration called for continued efforts to strengthen the global economy and financial system. It also emphasized the importance
Shares of Netflix worth $990 purchased at the original IPO price in 2002 would now be valued at $455,532 as of December 10, 2020. The return on investment is 45,913% over 18 years. There are countless success stories of foreign stocks which attract many investors from across the world. If you are intending to invest in a foreign stock, this article is for you to understand the implications under the provisions of the Foreign Exchange Management Act (FEMA) and the Income-tax Act. The FEMA prohibits the investment outside India beyond a certain limit. Under the Liberalised Remittance Scheme (LRS), resident individuals can invest abroad by way of acquisition and holding shares of both listed and unlisted overseas company and debt instruments. The limit of overseas direct investment by the resident individual shall be within the overall limit prescribed under the provisions of the Liberalised Remittance Scheme, by the RBI . Currently, Liberalised Remittance Scheme has prescribed a blanket