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FBAR 2026: Have more than $10,000 in foreign accounts? This overlooked U.S. filing rule could cost you thousands if you miss Form 114A foreign bank account can create a major U.S. tax filing duty. The FBAR, or FinCEN Form 114, applies when qualifying foreign accounts exce...
US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
Iran says support for new sanctions would be 'act of war'A strong message came from Iran's security chief, cautioning nations that support the freshly imposed US economic measures. President Pezes...
Iran vows 'devastating' response as US threatens toughest ever economic hitIran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...
US proposes new tax credit rules restricting refunds for some non-citizensThe US Treasury and IRS have proposed new rules restricting the refundable portion of four federal tax credits to US citizens, nationals an...
Donald Trump expands Cuba crackdown as island’s economy plunges deeper into crisisThe Trump administration is increasing economic penalties on Cuban industries. New sanctions target mining, metal, and construction compani...
US to impose ‘toughest sanctions in history’ on Iran, Scott Bessent saysUnited States Treasury chief Scott Bessent announced unprecedented sanctions against Iran. These stringent measures aim to avoid significan...
Indian equity markets rally nearly 1% as dollar retreats and US bond yields coolThe Indian stock market rebounded on Thursday, marking the end of a downward trend. Major indices Nifty and Sensex enjoyed notable gains, s...
Building an emergency fund? Here's when a sweep-in FD beats a liquid fund & when it doesn'tSweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed...
What Bessent’s economic isolation of Iran could look likeThe US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...
A $67 bn tariff trail leads the US to India over China trade. Where's the proof?The White House has placed India among countries at highest risk of being used to circumvent US tariffs on Chinese goods, citing an estimat...
Former Syrian President Bashar Assad sentenced to death in absentia for war crimesA Syrian court sentenced ousted President Bashar Assad and two relatives to death. Atef Najib, convicted of overseeing a crackdown, receive...
Heated debate, Opposition walkout dominate Rajya Sabha as anti-paper leak Bill clears final hurdleThe Rajya Sabha passed the Public Examinations Amendment Bill after extensive debate. Opposition members alleged inhumane treatment of stud...
'Why are PM Modi and Amit Shah silent?': Kharge attacks Centre over paper leak crisis as Rajya Sabha debates anti-paper leak BillThe Rajya Sabha debated the Public Examinations Amendment Bill, 2026, after its Lok Sabha passage. Opposition leader Mallikarjun Kharge cri...
FCNR(B) surge: Inflows through special window to ease banks’ liquidity pressureIn the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...
"Public Examinations Amendment Bill must have no flaws": Opposition seeks scrutiny; BJP backs stringent penalties for paper leaksA new bill to prevent unfair means in public examinations will be introduced. Opposition MPs seek thorough scrutiny of the proposed legisla...
Inside the legal campaign that freed Gautam Adani from US prosecutionUS prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of...
Can US President Trump 'cut off all trade' with Spain?President Trump has ordered a trade embargo against Spain, which includes cutting off all trade. This action stems from ongoing tensions re...
SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.