NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...

The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...

The Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...

India's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...

Vedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. T...

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...

Gujarat is set to launch its Industrial Policy 2026 on June 15, aiming to accelerate growth, attract investments, and foster innovation. Th...

Indian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...

CNG vehicle registrations and industrial gas utilization are poised for remarkable growth. With CNG vehicles presenting significant cost be...

This decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...

Coal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...

Bharat Coking Coal Ltd, a unit of Coal India, has approved interim measures. These steps aim to ease financial strain on contractors. The s...

Bharat Coking Coal Limited has started commercial operations at its new 2 million tonne per annum Bhojudih coking coal washery in West Beng...