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FOREIGN MONEY
Claude, New Yorker, Bandcamp: RBI rules leave international card payments in grey areaNew regulations from the Reserve Bank of India will mandate reporting of international credit card transactions starting October 1. Consume...
Horoscope Today, October 1, 2026: First Day of October Brings Money Caution for Aries, Opportunities for Taurus and Cleanup for GeminiThe Moon moves through steady Taurus today, bringing savings, executive leadership, and quiet backend organizing into focus. This transit e...
Check gate before the horse boltsIndia is facing challenges in managing foreign remittances, particularly concerning fraudulent transactions and proper certification. A pro...
FII selling worsens; foreign investors pull out Rs 26,000 crore from Indian equities in three daysForeign institutional investors sold over Rs 26,000 crore of Indian shares in three sessions, intensifying September’s market correction. H...
Sensex falls over 20% in dollar terms in 2026 as weak sentiment, rupee drag returnsThe benchmark Sensex and Nifty have both experienced significant declines in dollar terms this year. Foreign investors have been less inter...
SBI seeks clarity on bank accounts under proposed FCRA rulesState Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Official...
D-Street stocks are breaking long-held supports as selloff deepensIndian equity markets are experiencing a notable decline, evidenced by the NSE Nifty 50 Index's continuous fall over seven weeks. The colle...
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
IPO pipeline swells to nearly Rs 4 lakh crore: Liquidity squeeze for secondary markets or valuation reset? Analysts weigh inIndia's primary market is on the brink of a colossal IPO wave, with estimates nearing Rs 4 lakh crore. Analysts express concern that this i...
15-year setback on cards? Nifty heading for worst annual performance since 2011As 2023 unfolds, the Nifty index appears headed for its most disappointing year in a decade and a half. Key contributors to this downturn i...
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressuresForeign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic ...
Trump says US will ‘win’ Iran war soon, leaves door open to strikes before midtermsPresident Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution ...
Horoscope Today, September 28, 2026: Monday Brings Fresh Momentum as Cancer Impresses Bosses, Leo Finds Clarity and Virgo Guards Against OverspendingThe Moon transits in Aries while Mercury and Venus align in Libra today, bringing higher learning, deep research, and diplomatic contract n...
Trump administration rescinds Congressional spending: White House adopts 'pocket rescission' technique to bypass U.S. Congress. All about latest feud over budget before November Mid-term elections 2026White House is deploying a rarely used technique known as a "pocket rescission" that bypasses Congress. Senator Susan Collins, who chairs t...
ED searches 16 premises linked to Attica Gold in stolen gold, money laundering caseThe Enforcement Directorate conducted searches at 16 locations associated with Attica Gold Pvt Limited and its affiliates. These searches t...
A $3.2 Billion Showdown: Democrats say Trump is redirecting aid and letting millions expireDemocratic Sens. Patty Murray and Brian Schatz say the Trump administration plans to allow $725 million to reach the deadline without direc...
RBI warns banks against a loan price warIn situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...
RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...
Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...