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INDIAN GOVERNMENT REPATRIATION
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...- School assembly news headlines for June 18: Top national, international, business, sports update and thought of the dayStudents will be updated on significant national, international, and sports news, including the Indian Air Force's extensive delivery of NE...
- Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfoliosIndian economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presen...
- 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...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- Indian envoy to Oman meets 20 rescued MT Jalveer crew ahead of repatriationThe Indian Embassy in Oman successfully coordinated the rescue and repatriation of 20 Indian crew members from MT Jalveer, alongside 14 sai...
- Rahul Gandhi calls for bringing back mortal remains of Indian national currently aboard MT CelestialRahul Gandhi criticizes the government's handling of Nishanth Uirthanathan's death. He alleges the government acts as an obedient servant t...
- C’mon SEBI, step out & save: The market regulator should fix flawed IPO rules to stem inflated valuations, and capital flightCoca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due ...
- 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 ...
- Indian govt on "highest alert", orders agencies to stay vigilant after strikes on ships in the GulfUS-Iran war: India has directed its agencies to be on high alert. This is in response to recent attacks on Indian-crewed tankers. The gover...
- Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...
- 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...
- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
- 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...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- Myanmar assures India against allowing its territory against India’s security interestsPrime Minister Narendra Modi and Myanmar President Min Aung Hlaing held talks in New Delhi focused on security cooperation, border manageme...
- Over 2,400 Indians repatriated from Myanmar cyber scam compounds, 150 still trapped: MEAIndia has successfully brought back over 2,400 citizens from Myanmar's cyber scam compounds. These individuals were trapped in fraudulent o...
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