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US ACCOUNTING NORM
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...
SJM writes to US envoy over Indian seafarers' killing, seeks probe, compensationIn a heartfelt letter, an RSS affiliate has reached out to the US Ambassador, condemning the tragic deaths of three Indian seafarers result...
$320 billion danger: Jefferies warns 70 large EM funds are underweight IndiaDespite record FII outflows from Indian equities since September 2024, Jefferies said India remains a consensus underweight among emerging ...
Markets likely to move beyond geopolitics, focus to shift to earnings: Devina MehraDevina Mehra believes geopolitical deals like a potential Iran-US agreement won't drive Indian equities, with earnings and liquidity being ...
'Knot suitable': Digital checks save Rs 427 crore in UP's mass marriage schemeUttar Pradesh's mass marriage scheme is using technology to prevent fraud. Online applications and digital verification are identifying ine...
India's stance on killing of 3 seafarers is strongest that can be, says Foreign Affairs Expert Robinder SachdevForeign affairs expert Robinder Sachdev believes the killing of three Indian seafarers by US forces constitutes a war crime. He suggests fa...
Iran calls Trump's claims 'baseless', alleges US attacked vessels killing three Indian seafarersIn a post on X, the official account of the Embassy of the Islamic Republic of Iran in India shared, "The U.S. president's accusation again...
DLI-backed chip companies call for government procurement supportIndian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...
Quote of the day by Jean-Paul Sartre: ‘Do you think that I count the days? There is only 1 day left, always starting over. It is given to us at dawn and taken away from us at dusk’ - lessons on making every day count from French philosopherJean-Paul Sartre, a key existentialist philosopher, emphasized that individuals define themselves through their choices and actions, not pr...
Manipur: 14 Kuki hostages released almost after 27 daysManipur: Fourteen Kuki hostages were released in Manipur after 27 days. The United Naga Council facilitated their handover to authorities. ...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Root cause: India’s spice crown under threat as quality concerns trace back to farmsFarm-level traceability, quality, value addition, and branding are key to converting export scale into global trust, according to experts.
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
Indian proverb of the day by Kabir: 'Keep your critics close; they help cleanse your character without soap or water...' The mystic poet gives a centuries-old lesson about personal growthThe Indian Proverb of the Day by Kabir, “Keep your critics close; they help cleanse your character without soap or water,” highlights the i...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
Instagram emerges as platform for anti-caste Indian artDalit and Bahujan artists are reshaping the landscape of digital expression, turning social media into dynamic exhibitions of resistance. T...
“How to decide which employees AI should replace”: After 20% layoffs, Cloudflare CEO Matthew Prince explains his strategyCloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew P...
H-1B pool down 39% in FY27 on Trump revisalsH-1B visa registrations have seen a sharp decline this year. Stricter US immigration rules and increased costs are pushing companies to be ...