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RBI DIVIDEND PAYMENT
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...
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...
Dhan launches US stocks, ETFs investing via GIFT City routeThe offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...
RBI greenlights record surplus transfer of Rs 2.86 lakh croreThe Reserve Bank of India's central board approved a record Rs 2.86 lakh crore surplus transfer to the government for FY26. This significan...
Indian bonds end volatile session lower as rate hike bets riseIndian bonds experienced a downturn as reports surfaced of the Reserve Bank of India considering interest rate hikes to bolster the rupee. ...
India considering several measures to stop CAD from widening further, says Piyush GoyalIndia CAD: India is watching the fluctuations in the global economy as policymakers deliberate on strategies to address the growing current...
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
Shriram Finance shares tumble 4% despite strong Q4 results: Why Nomura, other brokerages maintain 'Buy' callShares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit surge and healthy AUM growth. Glo...
Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few days, as an investor you need to make a clear distinction on one front: Buying happening in a sector at a lower level, an...
RBI is setting aside more money for rainy day, payout dropsWhile income for 2021-22 increased by 20%, expenditure rose by 280%, which resulted in the overall surplus transferred to the government de...
RBI lays down dividend payment criteria for NBFCsThese guidelines follow draft norms issued by the central bank in December 2020.
Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: Ind-RaAccording to the draft circular, non-deposit and systemically-important NBFCs with capital-to-risk weighted assets ratio below 15 per cent ...
Banks told not to pay dividend, conserve capitalDecision taken to help lenders support the economy and absorb losses, says Guv.
RBI governor says he is not bothered how government uses the dividendThe meeting of the RBI's central board, which will take a call on interim dividend, has been deferred to February 18.
RBI pays government Rs 66,000 crore in dividendThis payment can help ease the government's finances, help meet its fiscal deficit targets, provide liquidity to the system so that rate of...