NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
UPDATE 1-UK bond yields fall to two-month low on US-Iran preliminary dealBritish government bond yields dropped to a two-month low on Monday. This followed a preliminary peace deal between the United States and I...
From Warsh's Fed debut to US-Iran peace deal: What investors need to watch this weekGlobal markets brace for a pivotal week featuring key central bank decisions from the US, Japan, UK, Indonesia, and Brazil, alongside the G...
Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
Bulls return to banks on RBI's FCNR(B) initiativeTraders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing measures boost l...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
Indian staffing cos step up global reach to diversify revenuesIndian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors li...
Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...
European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...