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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...
What should international students know about Germany's blocked account requirement?Germany requires international students and job seekers to open a blocked account, known as a Sperrkonto, to prove financial self-sufficien...
Harsh Goenka is impressed by young boy’s speed, precision and timing in catching a floating coconut. Billionaire calls him a ‘mathematical genius’.Industrialist Harsh Goenka lauded a young boy as a 'mathematical genius' for his exceptional skill in calculating a floating coconut's traj...
These 7 private and public banking stocks have an upside of up to 26% in one year, according to analystsWhen it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
Travelling to Germany for work meetings? Here's the visa processGermany is a key European hub for international business, requiring a short-stay Schengen visa for non-visa-exempt nationals visiting for u...
From reducing stock, MF holdings to evaluating your assets: Use this 8-point checklist to simplify finances after retirementYou may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund ...
Tech denial’s come home: The Anthropic shock is India’s wake-up callThe US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust f...
FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and moreHighest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Smal...
Quote of the day by J.P. Morgan: 'People without homes will not quarrel with their leaders. This is well known among our...' - thought-provoking economic lessons on power, capitalism, public influence, leadership and social division by founder of JPMorgan Chase & CoQuote of the day by J.P. Morgan (John Pierpont Morgan): Financier J.P. Morgan's words highlight how economic insecurity can make people vul...
World's first gig economy treaty adopted at the United Nation's ILOA historic international agreement has been adopted at the UN's International Labour Organization. This landmark convention aims to extend ...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
RBI MPC highlights: Top decisions announced by Governor Sanjay Malhotra & CoRBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra announced the Monetary Policy Committee's (MPC) decision, wit...
Fine of up to Rs 1 crore for hill cutting to be imposed by Goa Town and Country Planning BoardGoa's Town and Country Planning (TCP) Board will now impose hefty fines for hill cutting. Violators face penalties starting at Rs 50 lakh, ...