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DIASPORA INDIANS
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
Neeraj Chopra, Animesh Kujur headline India's athletics squad for 2026 Commonwealth GamesIndia's athletics team for the 2026 Commonwealth Games in Glasgow is announced. The 32-member squad includes star javelin thrower Neeraj Ch...
FIFA World Cup 2026: Morocco's overseas-born starting XI creates history in draw against BrazilMorocco achieved a historic feat in the FIFA World Cup. The team fielded its first-ever starting eleven composed entirely of players born o...
PM Modi, French President Emmanuel Macron to inaugurate Bharat Innovates 2026 in Nice todayPrime Minister Narendra Modi is set to make waves in Nice as he inaugurates Bharat Innovates 2026 alongside French President Emmanuel Macro...
PM Modi arrives in France for G7 summit, receives warm welcomePrime Minister Narendra Modi arrived in Nice, France. He was welcomed by the Indian diaspora with cultural performances. Traditional Indian...
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
Indian, South Asian fashion celebrated at curated event at NYC's Madison AvenueIndian fashion's global ascent was celebrated in New York as designer Payal Singhal launched her collection at Pernia's Pop-Up Studio's new...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
A World Cup of miracles, migrations and a lesson for Indian footballThe 2026 World Cup celebrates new teams and inspiring journeys. Nations like Iraq and debutants Curacao and Cape Verde showcase grit and ro...
Thailand attracts far more tourists than India despite a higher per capita income. Shashi Tharoor explains whyShashi Tharoor advocates for significant policy reforms and infrastructure development to enhance India's tourism. He suggests greater priv...
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...
Finalising a deal for Brahmos missiles with Indonesia will top the agenda of PM Modi's Jakarta tripPrime Minister Narendra Modi is expected to focus on concluding a deal to supply BrahMos missile missiles to Indonesia during his Jakarta v...
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...