Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
21 Jul, 2026, 05.59 PM IST
Trump administration opens investigation into Harvard's financial aid for international studentsThe Justice Department is investigating Harvard University's financial aid programs. Concerns exist about scholarships funded by Chinese do...
21 Jul, 2026, 12.27 PM IST
D-St set for a negative opening as GIFT Nifty signals weak startEquity markets faced pressure as Nifty declined, while broader markets showed gains. Analysts expect sideways to mixed trading due to geopo...
21 Jul, 2026, 07.32 AM IST
ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
20 Jul, 2026, 11.50 AM 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
Capricorn, Aquarius, Pisces Horoscope Today for July 20, 2026: Career Progress, Emotional Clarity and Financial StabilityYour Daily Horoscope Today highlights ancestral property matters, profitable legal agreements, and structural partnership growth. Aligning ...
19 Jul, 2026, 11.17 PM IST
Libra, Scorpio, Sagittarius Horoscope Today for July 19, 2026: Relationship Clarity, Bold Moves and Lucky BreaksYour Daily Horoscope Today highlights rewarding corporate connections, professional dedication, and the pursuit of higher learning. Alignin...
19 Jul, 2026, 12.13 AM 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
HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...
17 Jul, 2026, 05.56 AM IST
Groww Q1 profit nearly doubles to Rs 735 crore; MTF, commodities gain shareGroww said equity derivatives accounted for 52% of total income, down from 54.8% in the March quarter and 56.4% a year earlier. The contrib...
15 Jul, 2026, 06.45 PM IST
Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflowsFinance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign curr...
14 Jul, 2026, 12.53 AM IST
FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
13 Jul, 2026, 06.42 PM IST
NSE listing to "complete the trioka" and unlock value, drive governance upgrade: ReportA potential NSE listing is positioned as the final step to "complete the trioka" of India's market infrastructure, with forward-looking ben...
12 Jul, 2026, 01.35 PM IST
Same-sex couple challenges Income Tax provision that exempts gifts only between spousesThe Karnataka High Court has requested a response from the Union government concerning a petition that challenges a tax exemption clause. T...
10 Jul, 2026, 12.39 PM IST
Why Erdogan gave NATO leaders loaded revolversNATO leaders received engraved revolvers and ammunition from Turkish President Erdogan after a summit. Several leaders discovered the conte...
10 Jul, 2026, 12.05 AM IST
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUsGIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial service...
07 Jul, 2026, 02.15 PM IST