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[1/2] A soldier of the special forces unit KSK of Germany's army Bundeswehr holds the Heckler & Koch assault rifle G95/HK416 during a training exercise in Calw, Germany, October 24, 2022. REUTERS/Heiko Becker/File PhotoHELSINKI, Aug 8 (Reuters) - German gun maker Heckler & Koch has filed a complaint with the Finnish Market Court over Finland's direct arms purchase from a local manufacturer, bypassing competition rules, court documents seen by Reuters showed on Tuesday. Finland's defence forces said the procurement followed Finnish and EU exceptions to competition rules on the basis of national security interests. Contacted by Reuters, Heckler & Koch GmbH declined to comment on the proceeding and did not reveal if it had filed a similar complaint in Sweden. The Swedish Market Court or Stockholm's Administrative Court found no pending complaints by the German company in their registries.
Persons: Koch, Heiko Becker, Italy's Beretta, Heckler, Anne Kauranen, Christina Fincher Organizations: Bundeswehr, Heckler, REUTERS, Finnish Market Court, Reuters, EU, Sako, Finnish Defence Forces, RK, AK, Heckler & Koch, Nordic, NATO, Koch, Swedish, Thomson Locations: Calw, Germany, Sweden, Finnish, Sako, Finland, Swedish, Ukraine, Stockholm's
India Budget 2023: Here's what the experts say
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +13 min
"This budget, therefore, has rewritten the rules for financilisation of savings in India, which will induce expenditures rather incentivise savings. LAKSHMI IYER, CEO-INVESTMENT ADVISORY, KOTAK INVESTMENT ADVISORS LTD"India budget 2023 has offered a multi-dimensional view. The 3 Cs which stand out are - Capex increase - consumption boost - capital gains tax status quo. Additionally, the budget has provided significant direct tax benefits to individuals which will help increase disposable income and support spending. The budget keeps in mind the needs of future India while focusing on Artificial Intelligence and machine learning.
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