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TCS ON FOREIGN EXCHANGE
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicate...
Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
Why did market fall today? Sensex drops 500 points, Nifty closes below 23,400: 4 key factorsIndian stock markets experienced a sharp decline on Monday. The Sensex and Nifty both fell significantly. This downturn was driven by subst...
Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reportsIndian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil p...
Sensex gains 560 points, Nifty above 23,800. Key factors behind today's Dalal Street rallyIndian stock markets surged in early trading, with Sensex and Nifty extending gains for a second day. A stronger rupee, falling bond yields...
Nasscom flags continued hybrid work as IT firms brace for West Asia impactIndia's tech industry is stepping into a new era with hybrid work models becoming the norm. In response to global disruptions and energy su...
Parag Parikh Flexi Cap Fund increase stake ITC, TCS, HDFC Bank and 14 other stocks in AprilParag Parikh Flexi Cap Fund boosted its holdings in ITC, TCS, and HDFC Bank during April. The fund also increased its stake in fourteen oth...
Sensex falls 114 points, Nifty closes below 24,350; broader markets outperformIndian stock markets surged on Thursday, with Sensex and Nifty extending gains for a second day. This rise was fueled by optimism over a po...
Stock Market Crash Today: D-Street investors lose Rs 5 lakh crore. 7 reasons why Sensex and Nifty fellIndian stock markets experienced sharp losses for the third consecutive session, with Sensex and Nifty falling over 1% each. Escalating Ira...
India's IT model worked, until AI. Disruption now haunts its sub-optimal equilibriumIndia's IT sector thrived for decades by providing skilled labour at lower costs. This model is now challenged by Artificial Intelligence. ...
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 ...
Stocks in news: TCS, HDFC Bank, ITC Hotels, Hyundai India, Adani EnterprisesMarkets surged for the fourth consecutive session, buoyed by favorable geopolitical cues. Key stocks like TCS, HDFC Bank, ITC Hotels, Hyund...
300% hike in TCS from July 1, 2023: How it will impact foreign investments, international trips, credit card spends abroadGet ready to shell out more from next month as Budget 2023 has increased Tax Collection at Source (TCS) on foreign remittance through the L...
What are the new TCS rates for foreign remittances applicable from October 1, 2023Here is the rate you will be charged for foreign remittances under LRS below and above Rs.7 lakh.
Using prepaid forex cards? Still no clarity on 20% TCSAt present, foreign currency and prepaid forex cards up to Rs 7 lakh accessed through these RBI-authorised facilities for international tra...