South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...
19 Jun, 2026, 06.08 PM IST
Bandhan Bank increases FCNR(B) deposit rates to 7.1 pc after RBI forex swap moveBandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...
19 Jun, 2026, 02.40 PM IST
Why market crashed today? Sensex plunges 719 points, Nifty closes below 23,150; 7 factors behind Rs 7 lakh crore sell-offIndian equity markets experienced a significant sell-off on Monday, with the Sensex and Nifty declining around 1% each. This downturn was d...
08 Jun, 2026, 03.46 PM IST
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
05 Jun, 2026, 04.45 PM IST
India's paint industry remains optimistic on growth despite crude volatility, pricing pressures and competitionIndia's paint industry is experiencing a demand surge in both cities and villages. Leading companies anticipate strong volume growth in FY2...
31 May, 2026, 02.43 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
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
FIFA fever grips India: Fans rush to book World Cup 2026 trips despite high airfares and rupee woesIndian football fans are defying geopolitical tensions, high airfares and a weakening ₹ to attend the FIFA World Cup 2026. This year, a gro...
17 May, 2026, 08.27 PM IST
India’s gold import duty hike: A double-edged swordIndia has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...
16 May, 2026, 12.26 PM IST
Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
25 Apr, 2026, 06.30 AM IST
NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025The New Income Tax Bill, 2025 introduces a 'forex fluctuation benefit' that allows NRIs (excluding FIIs) to potentially pay lower long-term...
29 May, 2025, 02.49 PM IST
Loss in foreign exchange on external commercial borrowing can be capitalised: Tax tribunalThe tax department had argued that the forex loss is notional and cannot be capitalised. The tribunal held that such mark to market losses ...
27 Nov, 2020, 03.00 PM IST
Tata Motors ride to depend on forex swings, demand in key marketsExcluding the forex loss, however, Tata Motors' operating margin met expectations of analysts.
29 Aug, 2016, 08.56 AM IST
Prices of PCs, laptops and IT products to increase by 10% following weak rupee: MAITPrices of PCs, laptops and IT products will increase about 10 per cent due to the weakening of rupee against US dollar.
17 Jul, 2013, 07.05 PM IST
- Why buy a prepaid Forex Card instead cash for your foreign holiday
Experts are Increasingly recommending travellers to go for a prepaid forex card while buying foreign currency.
27 Apr, 2012, 06.33 PM IST
Forex losses haunt businesses as India Inc struggles to recoverCorporate India will have to either grin and bear or take refuge in accounting techniques to escape foreign exchange losses.
31 Dec, 2011, 07.34 AM IST
- Jain irrigation: Co has to strike a balance between growth and debt
The results of Jain Irrigation System (JISL) for the September 2010 quarter cheered investor sentiments on Monday as the scrip gained nearl...
09 Nov, 2010, 01.56 AM IST