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FOREIGN EXCHANGE EARNINGS
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 ...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
IPO market growing, healthy participation needed: Sunder Iyer, Deloitte IndiaIndia's IPO arena is poised for dynamic growth, with a wave of businesses on the brink of launching their public shares, fueled by an incre...
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
ET Explainer: Why largecaps are gaining appeal as Nifty consolidatesWith Nifty 50 valuations at long-term averages, wealth managers suggest allocating to large-cap stocks. These companies offer stability and...
Jio BlackRock prepares ETF debut by August after building $2 billion India fund baseJio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
Bring back export earnings soonerThe Reserve Bank of India has shortened the time for exporters to bring back foreign earnings. This period is now nine months, down from fi...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
Sebi panel weighs cap on clearing house dividendsRegulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...