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INDIAN DIASPORA
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...09 Jun, 2026, 07.10 AM IST- Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...09 Jun, 2026, 12.58 AM IST
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...08 Jun, 2026, 06.13 PM IST
- Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...08 Jun, 2026, 12.46 PM IST
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...08 Jun, 2026, 11.38 AM IST
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...06 Jun, 2026, 12.32 AM IST
- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...05 Jun, 2026, 10.02 PM IST
- Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...05 Jun, 2026, 12.45 PM IST
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...05 Jun, 2026, 11.00 AM IST
- India's Shanghai envoy, Chinese official discuss plans to boost culture, tourism tiesIndia's Consul General in Shanghai, Pratik Mathur, met with a Chinese cultural official to boost cultural exchanges and tourism. This aims ...02 Jun, 2026, 02.04 PM IST
- Amazon Music widens India play beyond Prime amid audio streaming shakeoutIn an exciting development, Amazon Music is set to unveil a new strategic initiative in India, offering a trio of subscription options: fre...02 Jun, 2026, 09.45 AM IST
- 'Best mangoes I've had': Inside the San Francisco party serving Alphonso and Kesar mangoes, now a viral sensation in USSF Mango Party: An Indian-origin organizer in San Francisco hosted the fourth annual SF Mango Party, distributing hundreds of Indian Alphon...01 Jun, 2026, 11.47 AM IST
- Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...01 Jun, 2026, 01.00 AM IST
- Piyush Goyal wraps up Canada visit focusing on India-Canada CEPA talks, $50 billion trade goalUnion Minister Piyush Goyal concluded a three-day visit to Canada. The trip focused on boosting trade and investment between India and Cana...28 May, 2026, 11.55 AM IST
- Parliamentary panel to hear views of Shipping Ministry on impact of West Asia crisis on India's maritime tradeA parliamentary committee will meet to discuss the West Asia crisis. The impact on India's maritime trade, shipping infrastructure, and sea...25 May, 2026, 08.51 AM IST
- Indian diaspora withdraws $2 bn from banks amid West Asia turmoilIndian diaspora withdrew nearly two billion dollars from local banks in March. This withdrawal was driven by geopolitical conflicts in West...22 May, 2026, 08.44 PM IST
- "More than a rockstar": Indian diaspora in Oslo eagerly awaits PM Modi's arrivalPrime Minister Narendra Modi's visit to Norway generates significant enthusiasm among the Indian diaspora. This marks a historic occasion a...18 May, 2026, 01.21 PM IST
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