FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
10 Jun, 2026, 05.21 PM IST
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
10 Jun, 2026, 01.26 PM IST
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
09 Jun, 2026, 05.20 PM IST
Solar module cos flag cell shortage; makers say demand can be met this yearSolar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and...
09 Jun, 2026, 10.22 AM IST
Indian diaspora groups welcome court ruling striking down $100,000 H-1B visa feeIndian diaspora groups in the US have lauded a federal court's decision to strike down the $100,000 H-1B visa fee, deeming it a fair move f...
09 Jun, 2026, 09.59 AM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
09 Jun, 2026, 12.58 AM IST
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
08 Jun, 2026, 09.47 PM IST
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
08 Jun, 2026, 01.12 AM IST
Hebrew proverb of the day: ‘A prisoner cannot free himself’ – a lesson on compassion and helping othersAn ancient Hebrew proverb, "A prisoner cannot free himself," highlights that individuals facing personal crises often need external support...
07 Jun, 2026, 11.30 AM IST
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
06 Jun, 2026, 12.32 AM IST
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
05 Jun, 2026, 10.02 PM IST
Avammune’s big bet: Why the future of cancer treatment may come in a pillAs global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherap...
03 Jun, 2026, 02.36 PM IST
The supplement your doctor hasn't mentioned yet could be quietly fighting type 2 diabetes - here's everything you need to knowFish oil benefits for type 2 diabetes: Fish oil supplementation reduced insulin resistance and improved glucose tolerance in non-obese diab...
01 Jun, 2026, 08.50 PM IST
Aureate Tradde IPO opens for subscription today. Check GMP, price band and other detailsAureate Tradde's initial public offering begins on Friday, May 29. The company is seeking to raise approximately Rs 27.29 crore through a f...
29 May, 2026, 07.56 AM IST
Vitamin B12 and Cancer: Why scientists are taking a closer look at high levelsNew research explores vitamin B12's complex link with cancer. While essential for health, high B12 levels are being investigated. Studies s...
28 May, 2026, 12.24 AM IST
Venus Remedies gets Saudi FDA approval for speciality oncology therapyVenus Remedies Limited has secured its first global marketing authorization for its specialty oncology therapy, Plerixafor, from the Saudi ...
23 May, 2026, 11.36 AM IST