Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
12 Jun, 2026, 02.16 PM IST
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
11 Jun, 2026, 09.55 AM IST
Government may lift price cap on cancer drugs making them costlier by up to 50%India's government is taking emergency steps to ensure cancer patients get vital drugs. Cisplatin and carboplatin, crucial chemotherapy age...
10 Jun, 2026, 11.47 PM IST
Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...
10 Jun, 2026, 01.38 PM IST
Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...
07 Jun, 2026, 06.27 AM IST
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
07 Jun, 2026, 06.00 AM IST
Global Market: Japan warns against excessive currency volatility as Yen nears key thresholdJapan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...
05 Jun, 2026, 09.36 AM IST
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
03 Jun, 2026, 11.14 AM IST
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
01 Jun, 2026, 06.30 AM IST
IIFCL PAT falls 13% on forex volatility in FY26India Infrastructure Finance Company Limited (IIFCL) witnessed a 13.3% decline in its profit after tax, falling to ₹1,379 crore in FY26 fro...
30 May, 2026, 07.35 AM IST
IndiGo approves $450 million plan to acquire aircraft, enginesIndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, eng...
29 May, 2026, 07.38 PM IST
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
28 May, 2026, 05.17 PM IST
RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
28 May, 2026, 03.00 PM IST
India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
26 May, 2026, 05.30 AM IST
Gold import duty hike threatens decade-low volumes for jewellery retailers in FY27, warns CrisilThe organised gold jewellery retail sector is set for a steep 13–15% volume decline to a decade low in FY27, driven by the government’s imp...
22 May, 2026, 02.06 PM IST
US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopesWall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gain...
21 May, 2026, 01.41 AM IST
Import tariff values for gold, silver raisedIndia's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity...
16 May, 2026, 12.58 AM IST