To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
15 Jun, 2026, 12.03 PM IST
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
15 Jun, 2026, 07.43 AM IST
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
12 Jun, 2026, 04.34 PM IST
Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step inIndia faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Str...
03 Jun, 2026, 11.33 PM IST
India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
31 May, 2026, 05.01 PM IST
Trump’s trap: The price Asim Munir must pay for American flatteryTrump’s push to expand the Abraham Accords has placed Pakistan in a sharp diplomatic bind, according to the report. After recent US engagem...
25 May, 2026, 11.39 PM IST
RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay MalhotraThe Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be und...
25 May, 2026, 08.36 AM IST
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...
18 May, 2026, 12.55 AM IST
India's exports hit record USD 863 bn despite global turmoil; on track for USD 2 trillion target by 2030: Piyush GoyalIndia's exports touched a record USD 863 billion in FY26 despite global geopolitical tensions and disruptions in international trade, Comme...
15 May, 2026, 07.48 PM IST
Two pacts to boost India’s LPG supplies & strategic reserves during PM Modi's visit to UAEIndia and the UAE are likely to sign two MoUs on Friday focused on LPG supplies and strategic petroleum reserves during Prime Minister Nare...
14 May, 2026, 08.41 AM IST
Pakistan faces fresh trouble as UAE expels thousands of workers amid rising tensions with Abu DhabiThousands of Pakistani Shia workers are reportedly being expelled from the UAE, straining already troubled relations. This follows a demand...
09 May, 2026, 02.26 PM IST
Foreign remittances to Kerala stay resilient despite West Asia crisisMoney from non-resident Indians to Kerala remains strong. Banks like Federal Bank and South Indian Bank show growth in deposits. This inflo...
08 May, 2026, 10.06 AM IST
Why Gulf NRIs are turning to Indian equities as real estate sees an exitGCC-based NRIs are increasingly favouring Indian equities over real estate, with 73% boosting exposure and many deploying fresh capital. Th...
06 May, 2026, 07.08 PM IST
Gulf NRIs are dumping real estate, and betting big on India’s stock marketGCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...
06 May, 2026, 04.45 PM IST
India’s $138 billion money bank outside the border is getting harder to shakeThe resilience of India's remittance system has reached new heights, with money sent home now more equipped to withstand external shocks. A...
30 Apr, 2026, 05.24 PM IST
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 ...
24 Apr, 2026, 06.39 AM IST
India receives $ 6.2 billion in remittances from UAEThe UAE's expatriate employees remitted 11 per cent more dirhams in 2010 that they did in 2009, official data has revealed.
12 May, 2011, 03.05 AM IST