UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
24 Jul, 2026, 11.48 AM IST
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
24 Jul, 2026, 07.52 AM IST
Sebi plans a wider investment play for portfolio managersThe regulator said the review has been done due the rapid expansion of the PMS industry, where AUM (assets under management) has multiplied...
24 Jul, 2026, 05.44 AM IST
RBI plans unified code for foreign investment in equity instrumentsThe Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign...
22 Jul, 2026, 05.58 AM IST
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
21 Jul, 2026, 05.40 PM IST
Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...
21 Jul, 2026, 12.51 AM IST
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
20 Jul, 2026, 07.21 PM IST
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
20 Jul, 2026, 11.22 AM IST
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...
20 Jul, 2026, 01.04 AM IST
Is RBI asking people to pay Rs 7,500 in tax to get Rs 1 lakh payment? Here’s the truthA fake Reserve Bank of India letter is misleading people about pending payments. It falsely claims a Rs 1 lakh payment is on hold due to tr...
17 Jul, 2026, 05.46 PM IST
Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globallyFresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments afte...
17 Jul, 2026, 05.16 PM IST
Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...
17 Jul, 2026, 07.41 AM IST
Beyond Nvidia: The hidden winners of the AI investment boomThe real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO a...
16 Jul, 2026, 11.19 AM IST
India's current account slips into $2 billion deficit in May as trade gap widensIndia's financial landscape shifted in May, marked by a current account deficit alongside a narrower capital account deficit. The total bal...
15 Jul, 2026, 10.11 PM IST
India posts $2 billion current account deficit in May as trade gap widensIndia experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that ...
15 Jul, 2026, 07.59 PM IST
India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
15 Jul, 2026, 03.57 PM IST
India's capital account surplus may rise to $105 billion in FY27: Motilal OswalIndia's capital account surplus is expected to reach USD 105 billion in FY27. Stronger foreign capital inflows and improved portfolio inves...
15 Jul, 2026, 12.14 PM IST