Closer India-Canada economic cooperation gains importance amid global uncertainty: SitharamanIndia and Canada are strengthening economic ties amid global uncertainty. Finance Minister Nirmala Sitharaman highlighted the need for deep...
27 Aug, 2026, 10.40 PM IST
UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
25 Aug, 2026, 04.17 PM IST
Banks & legal eagles quietly revive foreign family officeSome large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regula...
24 Aug, 2026, 12.09 AM IST
I-T unearths Rs 1.29 lakh cr foreign remittancesThe tax probe has found that a substantial portion of the money moved to a handful of overseas destinations. Singapore, the UAE, Hong Kong,...
20 Aug, 2026, 09.27 AM IST
Income tax dept has identified suspicious entities that sent money abroad, launches verification drive; Know what to doBased on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad...
19 Aug, 2026, 11.24 AM IST
Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...
17 Aug, 2026, 05.08 PM IST
Zaggle Prepaid Ocean Services crashes 20%, hits lower circuit after Q1 PAT declines 33% YoYZaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despit...
17 Aug, 2026, 12.49 PM IST
How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
17 Aug, 2026, 10.49 AM IST
Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
15 Aug, 2026, 06.19 PM IST
The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
14 Aug, 2026, 04.05 PM IST
Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
10 Aug, 2026, 06.54 PM IST
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
03 Aug, 2026, 06.45 PM IST
Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reasonTo purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange...
24 Jul, 2026, 12.46 PM IST
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
24 Jul, 2026, 07.52 AM IST
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
21 Jul, 2026, 05.40 PM IST
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
20 Jul, 2026, 07.21 PM IST
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
20 Jul, 2026, 11.22 AM IST