RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
09 Jun, 2026, 07.49 PM IST
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
09 Jun, 2026, 05.20 PM IST
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
09 Jun, 2026, 04.57 PM IST
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
09 Jun, 2026, 10.45 AM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
09 Jun, 2026, 12.31 AM IST
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
08 Jun, 2026, 09.47 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
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
05 Jun, 2026, 09.21 PM IST
RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
05 Jun, 2026, 07.33 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
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
04 Jun, 2026, 12.34 AM IST
These 7 private and public banking stocks have an upside of up to 23% in one year, according to analystsGiven how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. Th...
03 Jun, 2026, 05.50 AM IST
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
01 Jun, 2026, 06.30 AM IST
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
27 May, 2026, 01.37 PM IST
NRIs pull out $2 billion from bank depositsOverseas Indians withdrew nearly two billion dollars from Indian bank accounts in March. This outflow occurred during the Iran war. Reserve...
23 May, 2026, 10.03 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