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CENTRAL GOVERNMENT REGULATIONS
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...
New labour code: 3 employee-friendly changes that could make working life easierNew labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. Th...
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
Govt said to accept tweaks to Securities Markets Code draftThe government has accepted significant changes to the proposed Securities Markets Code. Investigation timelines will be extended to one ye...
Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
Tata's Apple iPhone factory in Tamil Nadu faces shutdown threat over farmland water contamination; pollution body seeks explanationAn Indian pollution regulator has accused Tata Electronics, a key supplier for Apple's iPhones, of contaminating groundwater near its Hosur...
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
India attracted $843 billion in FDI between 2014-15 and 2025-26: OfficialIndia has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government init...
RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
Kazakhstan enacts measures to usher in political reformsKazakhstan's President Tokayev has enacted constitutional reforms, introducing a Vice President and establishing the Kurultai as the suprem...