NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...

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

Banking and PSU debt funds offer a relatively safe investment avenue for investors looking for a few years. These schemes primarily invest ...

The Securities and Exchange Board of India (Sebi) has proposed significant changes to its margin trading facility (MTF) framework. These in...

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...

The National Stock Exchange of India has filed draft papers for its initial public offering. This move positions NSE for one of the country...

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 rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer c...

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

India's drug price regulator has increased the ceiling prices of cancer drugs cisplatin and carboplatin by 50% to tackle shortages caused b...

New measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...

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...

Sebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of e...

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific ...