The Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...

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

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...

Following RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.

When it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...

FCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...

The Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...

Coca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due ...

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...

In a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...

Foreign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...

India achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...

India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...

India has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign c...

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...