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FULL CURRENCY CONVERTIBILITY
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...19 Jun, 2026, 09.01 PM IST- Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...19 Jun, 2026, 05.44 PM IST
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...19 Jun, 2026, 03.44 PM IST
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...06 Jun, 2026, 12.32 AM IST
- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...05 Jun, 2026, 10.02 PM IST
- The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...04 Jun, 2026, 11.40 AM IST
- Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...01 Jun, 2026, 01.00 AM 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
- 'Mosques converted into dance bars in Muslim region in China': Pakistani vlogger exposes reality of ‘ironclad’ friendshipA Pakistani vlogger's trip to Kashgar, Xinjiang, has sparked debate in Pakistan and India. The video showcased restricted public religious ...20 May, 2026, 03.21 PM IST
- Is petrol cheaper in Bhutan than India? Here’s the truthA viral social media video falsely claims petrol is cheaper in Bhutan than in India. The Press Information Bureau (PIB) has debunked this, ...17 May, 2026, 09.49 AM IST
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...15 May, 2026, 08.26 AM IST
- KPIT Technologies’ Q4 net profit slips to Rs 163 croreKPIT Technologies reported a 33.4% year-on-year drop in Q4 FY26 net profit to Rs. 162.9 crore, impacted by geopolitical uncertainties, desp...07 May, 2026, 08.33 AM IST
- NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...30 Apr, 2026, 12.07 PM IST
- IT stocks could return 20-30% from here, but don't expect a structural bull run: Sandip AgarwalIndian IT sector outlook is positive. Fund manager Sandip Agarwal believes the worst is over. A 20-30% index return is possible soon. Clien...23 Apr, 2026, 09.00 AM IST
- Obituary: We now tread the road Savak Tarapore laidThe former deputy governor of RBI passed away on Tuesday after a brief illness. He bacame popular after a seminal report on Capital Account...04 Feb, 2016, 06.30 AM IST
- China readies itself for its currency's global role via full convertibilityThe country's central bank, has laid out the first concrete roadmap for moving towards capital account convertibility of the renminbi.27 Feb, 2012, 08.43 AM IST
- Gradual steps towards rupee convertibility: Pranab MukherjeeFinance minister Pranab Mukherjee said the government will take steps to make the rupee fully convertible in a calibrated manner so that me...13 Mar, 2010, 04.41 AM IST
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