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RBI REMITTANCE RULES
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...
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...
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
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...
Four myths about the falling rupee and what India must actually doIndia's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy indepe...
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...
No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26Regulators are examining overseas investments by Indian companies. The Reserve Bank of India is seeking details on the purpose and structur...
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...
Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
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...
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...
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...