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CURRENT ACCOUNT BALANCE INDIA
India records $8.1 billion deficit in April-June balance of payments, June turns surplusIndia's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...
FCNR, ECB measures to draw $90-95 bn capital inflows in FY27: ReportConcessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...
21.55 lakh inoperative EPF accounts have average balance of around Rs 40,000: Check if your EPF money is also stuck; here's what you can doEPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactiv...
EPFO withdrawal rules: Minister reveals how much EPF amount can subscribers withdraw during medical emergency, unemployment, house repairThe Employees' Provident Fund Organisation (EPFO) has made it easier for members to access their savings by modifying withdrawal regulation...
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...
SC declines relief to TMC in ED bank account freeze case, cites 'balanced order'The Supreme Court upheld the Calcutta High Court's decision on Tuesday. This decision denied interim relief to a Trinamool Congress faction...
Indian bonds slip as crude hovers near $90Indian government bonds declined on Tuesday as oil prices briefly surged past ninety dollars. Traders awaited inflation data for clues on t...
Supreme Court refuses to interfere with HC order denying interim relief to TMC against ED freezing accountsThe Supreme Court declined to intervene in a Calcutta High Court decision. This order denied interim relief to the Mamata Banerjee-led TMC ...
After a dash for hot dollars, India dives deep for sticky moneyThe government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it s...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
India's resilient economy to support markets but global risks remain elevated: SebiIndia's financial markets are poised for growth, buoyed by robust domestic economic fundamentals like strong consumer demand and proactive ...
Can NRIs open Sukanya Samriddhi Yojana account offering 8.2% interest rate?Sukanya Samriddhi Yojana provides a favorable tax regime for parents budgeting for their daughters. Only resident Indian girls aged below t...
US sanctions bill makes India-US trade deal more critical, may push up import bill: EconomistProposed US sanctions legislation makes India's trade deal with the United States more critical. Any disruption to crude supplies could rai...
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
Kotak sees India posting BoP surplus in FY27; expects 50 bps rate hike in second halfIndia anticipates a balance of payments surplus in FY27. Stronger capital inflows and higher foreign direct investment will support this po...
RBI special windows seen big enough to bring in $100BIndia's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over f...
India growth resilient amid global uncertainty, but crude risks lingerGlobal uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...