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Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...- Thangamayil share selloff continues: Stock drops 5% despite Rs 344 crore sales in first 3 days of AugustThangamayil Jewellery shares fell significantly despite robust August sales figures. The company reported strong sales during the auspiciou...
- India's next billion dollars from abroad may depend on easier visasIndia's record remittance boom faces a new long-term challenge as tighter immigration policies in developed economies threaten the pipeline...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- Thangamayil Jewellery shares crash 32% in a week. What should investors do?Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sale...
- The modern odyssey of studying abroad: Why parents need a CFO's mindsetIndian parents now manage multi-year budgets for overseas education expenses. They meticulously track currency exchange rates and various a...
- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- Finance ministry calls for faster policy action to sustain growth amid global uncertaintyIndia's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...
- Thangamayil Jewellery shares crash 19% in 2 days on weak Q2 outlook. What did the company say?Thangamayil Jewellery shares hit the lower circuit, extending losses to 19% in two sessions after the company warned of a weak Q2 FY27. The...
- Bengaluru hotels threaten Swiggy boycott from August 15Bengaluru hotels will suspend business with Swiggy from August 15. They demand transparency in payment statements and opt-out options. Unau...
- IFSCA working with govt on outbound tax issues: OfficialOutbound investments from GIFT IFSC face tax-related constraints, according to an IFSCA official. The International Financial Services Cent...
- Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
- Thangamayil Jewellery Q1 Results: Net profit spikes 86% YoY to Rs 85 crore; stock tanks 10% on weak guidanceThangamayil Jewellery shares tumbled despite strong Q1 FY27 results. The company reported an 86% YoY rise in net profit to ₹85 crore, while...
- Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
- Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check detailsAU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for sp...
- Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 recordIndia has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhot...
- No international mutual fund open for subscription now after Baroda BNP Paribas Aqua FoF halts fresh investments. What should investors do?Indian investors now have no options for new international mutual fund SIPs. The Baroda BNP Paribas Aqua Fund of Fund suspended new investm...
- Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
- Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reasonTo purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange...
- EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
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