The government has opened a limited window for taxpayers to disclose specified foreign assets and income. Two routes offer eligibility thre...

India's foreign exchange reserves saw a notable increase, rising by $14.1 billion to hit a significant $707 billion. This boost included a ...

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...

The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...

Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 cr...

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...

The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...

The government is considering sending the FCRA Amendment Bill to a joint parliamentary committee. Opposition parties, including Congress an...

Mutual fund SIP inflows rose marginally to Rs 31,961 crore in July, up 12% year-on-year, while equity fund inflows declined 15% month-on-mo...

India's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...

India's proposed Foreign Contribution Regulation Amendment Bill faces opposition and questions. Former foreign secretary Vinay Mohan Kwatra...

SBI Mutual Fund has launched the SBI Balanced Hybrid Fund, an open-ended scheme investing in equity and debt instruments. The NFO is open u...

Parag Parikh Flexi Cap Fund, the largest active flexicap fund by AUM, raised its stake in HCL Technologies, Coal India and nine other stock...

SBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...

India's market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The pro...

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...