Alternative

Foreign investors welcome India's retreat in MAT row | Reuters

MUMBAI Foreign portfolio investors on Wednesday welcomed India's decision to scrap efforts to make foreign funds pay tax on past profits, but they remained wary of the country's unpredictable tax regime. A high-profile row with foreign investors had erupted late last year following the retrospective imposition of the minimum alternative tax (MAT) on funds, including Aberdeen Asset Management ( ADN.L ).

Insight - German eurosceptic party at crossroads before key election

HAMBURG, Germany (Reuters) - Sounding more like the economics professor he once was than the dangerous far-right firebrand some say he has become, Bernd Lucke spoke at length about the perils of the euro zone and unfettered immigration at a campaign rally last week. Some 400 conservative, grey-haired men had gathered in a basement of a Hamburg skyscraper on a stormy night to hear the Alternative for Germany (AfD) party founder, a 52-year-old father of five. Lucke ended his economics lecture and switched into crusading mode: "We won't be blackmailed by a dinky little country with just 2 percent of the euro zone's gross domestic product," he shouted, referring to Greece