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More banks may join overseas bond runICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...
India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...
Explained: Sebi proposes MF-PMS framework model with entry fee at Rs 25 lakh. Who stands to benefit?SEBI has proposed a major revamp of the Portfolio Management Services (PMS) framework, including the launch of a new mutual fund-only PMS (...
White House report says US relies too heavily on foreign STEM talent, calls for stronger domestic pipelineA recent US report advocates for minimizing dependence on international STEM graduates for national security purposes. It highlights how Am...
Who is funding America's widening debt with the rest of the world?Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external d...
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
Delhi High Court to hear PIL seeking NIA probe into July 20 'Sansad Chalo' protest tomorrowThe Delhi High Court will hear a PIL seeking an NIA probe into the July 20 protest. This plea requests the transfer of all Delhi Police FIR...
Tighter regime proposed: FCRA Bill seeks custodian for NGO assetsA new bill proposes safeguarding foreign-funded assets when NGO registrations lapse or cease. Revised rules link registration to specific p...
Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
Foreign banks show strongest rate transmission in current RBI easing cycle: BulletinForeign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...
How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
RBI plans unified code for foreign investment in equity instrumentsThe Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign...
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
ESOPs, Crypto and two other disclosures you must make in Schedule FA of the ITR for AY 2026-2027Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...
Trump administration opens investigation into Harvard's financial aid for international studentsThe Justice Department is investigating Harvard University's financial aid programs. Concerns exist about scholarships funded by Chinese do...
Global Market: Indonesia stocks attract bargain hunters as AI rally loses steamGlobal investors are shifting funds into Indonesia's stock market, which has seen significant declines. This rotation occurs as the rally i...
India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...
ED opens PMLA probe into foreign funds to NaxalsThe Enforcement Directorate has registered a money laundering case concerning foreign funds. Nearly ninety-five crore rupees in illegal for...
Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...