FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...

Opposition MPs protested in Parliament over alleged Ram temple donation theft. They also demanded a statement regarding police actions agai...

Digital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...

Investment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guara...

A Public Provident Fund (PPF) is a long-term, small savings scheme offered by the government of India. The PPF offers an attractive interes...

From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential...

Sweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed...

A zari worker discovered nearly one hundred crore rupees credited to her bank account. Her account was subsequently frozen, preventing dail...

HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates by twenty-five basis points. This increase applies to select US dollar FCNR(B) d...

Gifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...

Besides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...

Select banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...

Investors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased...

Rajasthan footwear artisan Jitendra Kumar Jingar, who earns Rs 10,000 to 15,000 a month making traditional leather shoes in Balotra distric...

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basi...

Banks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...