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NRI INVESTMENT ACCOUNT OPENING
From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investorsNanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involvi...- NRIs can now complete online KYC from the US, UK, UAE and other FATF-compliant countriesFor Indian investors residing overseas, a new development brings good news. A recent circular from Sebi allows them to open investment acco...
- Taxpayers fret over loose ends in amnesty scheme, seek CBDT clarity on foreign asset disclosure rules as deadline nearsMany taxpayers are unsure if they need to report various accounts due to ambiguous regulations. Clarification is being sought from the Cent...
- OpenAI gets $11 billion funding at $1.25 trillion valuation: ReportOpenAI completed a substantial funding round, securing $11 billion to increase its valuation to $1.25 trillion. The funding was finalized a...
- FIIs turn buyers in IT, telecom stocks in second half of October ahead of DiwaliTechnology stocks in India are seeing increased interest from foreign institutional investors as Diwali approaches. After struggling in the...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- Sebi revises currency derivatives limits for unhedged positions aligning with RBI normsSebi has revised limits for unhedged positions in currency derivatives for domestic clients and FPIs. The new combined notional value limit...
- Sensex stages biggest rally since April as FIIs turn aggressive buyersForeign institutional investors significantly increased their purchases of Indian stocks, leading to substantial market gains. The BSE Sens...
- Sebi eases accreditation norms for AIF, SIF and PMS investorsThe Securities and Exchange Board of India has introduced a new regulation allowing alternative investment fund managers to handle investor...
- Sebi relaxes cash market settlement rules for mutual fundsSecurities and Exchange Board of India has permitted mutual fund schemes to net fund obligations. This new regulation is set to come into e...
- Demat account additions hit 9-month high in October as IPO boom draws investorsIn October 2026, new demat account additions reached a nine-month high, driven by strong IPO activity. NSDL and CDSL reported adding nearly...
- Why Nithin Kamath believes NRI investing in India has become easier than everZerodha CEO Nithin Kamath welcomed Sebi's simplified NRI account-opening rules, enabling eligible overseas investors to complete digital KY...
- Stock Market Holiday 2026: When will BSE and NSE be closed for Diwali? Check list of remaining market holidays this yearBSE and NSE will remain closed on November 10 for Diwali-Balipratipada, while a special one-hour Muhurat Trading session will be held on No...
- Richville Infra to develop senior-living focused project in LudhianaRichville Infra Private Limited plans to invest around ₹500 crore to develop a 100-unit senior-living and NRI-focused residential project o...
- HDFC Bank to offer deposits under Capital Gains Accounts SchemeHDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will a...
- PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial in...
- These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
- Gulf investors eye India’s AI infrastructure and space tech even as broader interest stays subduedGulf-based investors are exploring opportunities in India's artificial intelligence and space technology sectors, despite overall subdued i...
- Axis Bank to revise savings account charges from December 1, 2026: Free transaction limit to fall; EDGE Rewards Program to end; charges to riseAxis Bank will implement a new fee structure affecting its domestic and NRI savings accounts. The free cash transaction limit will reduce f...
- PhonePe rolls out NPS account opening with Rs 250 contribution, no fresh KYCPhonePe has introduced a digital process for users to open National Pension System accounts. This new facility allows an initial contributi...
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