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FOREIGN EXCHANGE MANAGEMENT FOR TRAVELERS
The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....- ‘A hill I will die on’: Foreigner woman shares honest India experience after travelling solo for a month; watch videoA solo female traveler named Paige described Indians as the "most hospitable" people she has ever met during her journey across India. She ...
- 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...
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
- 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...
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
- Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
- To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
- Volatile crude prices, forex swings and poor rains pose challenge for India: FM SitharamanIndia's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...
- Portfolio investment scheme now open to PROIsIndia has eased investment rules for foreign individuals and entities in listed stocks, allowing them to invest via the portfolio investmen...
- World's hottest stock market turns focus to MSCI momentSouth Korea's stock market is nearing a significant milestone. Investors are watching for a potential upgrade to developed-market status by...
- Govt notifies rules to lift investments by persons resident outside IndiaIn an exciting development, India has relaxed its investment rules, making it more convenient for foreign investors to dive into its dynami...
- Qatari delegation arrives in Tehran for Iran-US negotiations: Iranian mediaA Qatari delegation is in Tehran to discuss diplomatic progress between Iran and the United States. The visit focuses on a memorandum of un...
- South Korea’s world-beating stock market eyes its MSCI momentNow investors are awaiting MSCI Inc.’s annual market-classification review on June 23, when the index provider will decide whether Korea fi...
- FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
- Australia imposes record $211 million fine on collapsed broker Union Standard, representativesAustralia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Air India, Thai Airways to enter into codeshare agreement this year, expand travel options for travellersAir India and Thai Airways are set to launch a codeshare agreement. This partnership will offer more travel choices for passengers flying b...
- Thailand to launch new app allowing foreign travellers to register before arrivalThailand is introducing a new mobile application for foreign visitors. This app will allow travelers to submit their arrival details before...
- Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
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