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FEMA OPERATIONS DURING SHUTDOWN
Ladakh groups call for shutdown, citing 'mistrust' with Centre over May 22 meeting minutesLadakh's apex bodies have called for a region-wide shutdown on June 23, accusing the Centre of omitting key decisions from official minutes...- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- Delhi HC upholds Telegram ban in India till June 22 amid NEET re-exam paper leak concernsThe Delhi High Court has upheld the government's decision to suspend Telegram services until June 22, citing its role in facilitating fraud...
- Power Ministry to monitor hydropower outputThe ministry, through the Grid Controller of India, will continue to assess rainfall projections, including the weather office's forecast n...
- ED case against five Bengaluru-based entities for 'unauthorised' cross-border crypto transactionsThe Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...
- Early users of Anthropic's Mythos still have access after US order: ReportSelect companies continue to access Anthropic's Mythos AI preview. This access remains despite a US government directive that halted other ...
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- BEST bus strike in Mumbai today: Check timing, affected services and areasBEST Srike in Mumbai Today Update: Mumbai commuters face potential public transport disruption as BEST employees start an indefinite strike...
- ED to file money laundering case over ₹95 crore foreign funds routed to Maoist areasThe Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds allegedly sent into Left-Wing Extr...
- FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
- Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...
- Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
- RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
- US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outageThe Biden administration opened a probe into Delta following the CrowdStrike computer software outage, after other major carriers were ab...
- 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...
- US-based Christian missionary organisation, others booked under UAPABengaluru Police have filed an FIR against US-based NGO The Timothy Initiative (TTI) and six others after the Enforcement Directorate alleg...
- Maintenance of Srinagar International airport runway necessary: AAISrinagar International Airport will undergo runway maintenance. Flights will be affected on Mondays and Tuesdays starting July. A complete ...
- 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...
- Violence grips Manipur again: 2 shot dead and houses burntFresh violence has erupted in Manipur's Kamjong district. Six houses were set ablaze in a Kuki village, and two people were killed. This fo...
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