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RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- 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...
- GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
- US markets plunge: Dow Jones, S&P 500 and Nasdaq crash as Trump’s Iran threat sparks a risk-off market selloff, pushing the U.S. dollar higher and oil prices sharply upwardDow Jones, S&P 500 and Nasdaq crashed as Trump’s Iran threat reignited fears of a wider Middle East conflict. Investors rushed into the U.S...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
- Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themesMarcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. T...
- Termite-damaged cash worth over Rs 1 lakh found in Kolkata college union room; probe under wayAt Kolkata's Surendranath College, during a cleaning drive, workers found two suitcases filled with currency notes. The money, estimated to...
- RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
- Fake Rs 500 notes surge 20% as counterfeits rise across banking systemFake currency detection in India increased in 2025-26. The Rs 500 note became the primary target for counterfeiters, showing a significant ...
- View: Rupee crossing 100 may not be catastrophic, but can India convince the world about its growth story?As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by surging oil import prices and substan...
- Reliance secures record Japan financing after S&P upgrade to A-Reliance Industries Limited achieved a major milestone by securing the largest Samurai loan ever for an Indian company. It also completed t...
- First-time investors should start with balanced funds and short-duration debt in first year: Anand Radhakrishnan, Sundaram MFAmid global uncertainty, Sundaram Mutual Fund's Anand Radhakrishnan advises investors to stay disciplined. First-time investors should begi...
- EXIM Bank eyes 10% jump in loan book in FY27 despite West Asia tensionsExport-Import Bank of India expects its loan book to grow 10% in FY27 despite geopolitical tensions in West Asia, according to Managing Dir...
- RBI may have to bear forex risk to boost foreign money inflowsIndia may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and o...
- RBI mulls new move using foreign bonds to prop up rupeeReserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the ru...
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