The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...

Australia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...

Banks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...

AI company Anthropic is launching a new program called Claude Corps. This initiative will place 1,000 fellows with non-profit organizations...

An Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...

Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...

Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...

India's equity markets are poised for a busy period with over $6.3 billion in offerings expected in two months. This surge follows a subdue...

On Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...

An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...

A government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

The Iran Football Federation accuses the United States of "vindictive behavior" after 14 managerial and administrative members were denied ...

The Reserve Bank of India is proposing new rules for bank deposit interest rates. Banks will need to publish their rates daily. They can al...

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...