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NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...- KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...
- RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
- RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
- US buyers keen to stitch deals with Indian apparel exportersIndian apparel exporters face pressure as US buyers demand discounts of up to 10%. This comes as India's readymade garment exports have dec...
- Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify fasterGlobal economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...
- TMC leader Udayan Guha arrested in Kolkata's PhoolbaganFormer TMC MLA Udayan Guha was arrested in Kolkata, escalating political tensions. Meanwhile, Lok Sabha Speaker Om Birla summoned TMC leade...
- Lok Sabha Speaker Om Birla calls TMC MP Abhishek Banerjee on June 19 to discuss rebel MPs rowLok Sabha Speaker Om Birla has called upon the Trinamool Congress national general secretary Abhishek Banerjee for a discussion on June 19 ...
- Areion seeks RBI approval for Rs 936 crore Aviom takeoverAreion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, ...
- SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
- Govt likely to clear Dixon-Vivo JV deal this monthThe government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture...
- From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
- Air India Express Kannur-Jeddah flight turns back due to technical issueAn Air India Express flight from Kannur to Jeddah, carrying over 180 passengers, returned to its origin airport within two hours of departu...
- HDFC Bank to hit dollar bond market under new subsidised scheme: SourcesHDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five...
- Red Hat sees an opening as Indian enterprises turn to AI sovereigntyIndian businesses are increasingly opting for Red Hat's open-source solutions to gain control over their AI and cloud infrastructure, said ...
- Bio-energy emerging as key pillar of green growth strategy: TPCIIndia's really getting into bio-energy as a key player in its green growth and energy shift. The Trade Promotion Council of India (TPCI) is...
- Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
- Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
- Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: ReportIndia's textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new ho...
- Air India crash report delay expected due to unfinished engine analysis, source saysThe final report on the Air India Boeing 787 crash will be delayed. Investigators need more time to analyze the aircraft's engines. The cra...
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