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FCRA registered NGOs down by half in last 10 years; contribution rises from Rs 17832 cr to Rs 22974 crActive FCRA registered NGOs have halved in the last decade. Foreign contributions received by these organizations have significantly increa...- India bore USD 45 million interest as Maldives clears USD 150 million facility: MEAIndia covered approximately USD 45 million in interest payments over five years. Malé fully repaid the USD 150 million Treasury bill facili...
- JPC on FCRA amendment bill meets first time to examine legislationA Joint Parliamentary Committee has begun examining the Foreign Contribution (Regulation) Amendment Bill. This bill proposes tighter govern...
- Fed hike, RBI moves hand India bonds a fifth weekly lossIndian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond mark...
- UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customersThe government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...
- Dollar bonds to lose some lustre as US yields surgeOverseas bond sales may moderate as the US Federal Reserve increases interest rates. Bank of Maharashtra priced its debut bond at a higher ...
- NSE IPO: IFCI, New India Assurance, other stocks rally up to 9% as Rs 22,569 crore IPO opens. How much exposure do they have?IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or ...
- NSE IPO attracts 150+ anchor investors, raises Rs 6,746 croreIn a successful share sale, the National Stock Exchange captured the interest of more than 150 anchor investors. Notably, overseas funds ac...
- CBI books US-based missionary group TTI for alleged FCRA violations over Rs 92.55 crore fundsThe CBI has initiated an investigation against The Timothy Initiative due to suspected violations of the FCRA. Allegations suggest that ₹92...
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...
- Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
- Trump clears $2.8 bn Israel arms package amid Iran-US war: What are large MK-84, BLU-117 bombs and I-2000 warheads that were halted in 2024 for its usage in Gaza and LebanonThe Trump administration is seeking approval for 40,000 2,000-pound bombs for Israel, including 20,000 MK-84s and 20,000 BLU-117s. The pack...
- Reliance Industries to raise Rs 12,500 crore via five-year bondsIn a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...
- RBI system liquidity surplus at record high: What it means for loans, FDs and investmentsA record Rs.10 trillion-plus surplus is lowering borrowing costs, but complicating RBI’s inflation fight.
- Three arrested in anti-BRICS Summit graffiti case in DelhiDelhi Police arrested three individuals for graffiti at Singhu Border. The accused allegedly acted on behalf of Sikhs for Justice. Police e...
- Global funds sour on India stocks as some cut allocation to zeroGlobal investors are reducing Indian equity exposure due to a lack of AI investment themes. Foreign portfolio ownership has fallen to a sev...
- Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEOBank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately ...
- From 52% to 42%: Is HDFC Bank’s 10 percentage point drop in FII shareholding a worrying sign?HDFC Bank has seen a sharp decline in foreign investor ownership since its merger with HDFC, reflecting concerns over slower growth, fundin...
- Rs 2.8 lakh crore out, Rs 47,000 crore in: Why FIIs are selling listed stocks but chasing IPOsFIIs are increasingly turning to India’s primary market even as they withdraw heavily from listed stocks. Foreign investors have pulled nea...
- NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...
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