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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...
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agendaFederal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on mo...
India, Slovakia upgrade ties to comprehensive partnership; ink 11 pactsThe two leaders also agreed to work towards the "earliest" implementation of the India-European Union free trade agreement that is expected...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOsInvestors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows te...
South America to ramp up India outreach despite geographyIn an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by...
Rs 20,000 monthly income from SCSS: How senior citizens can earn regular interest income for at least 5 yearsThe Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn...
First goes the Fed dot, then guidance - and then a hike?The Federal Reserve's interest rate forecasts, known as the dot plot, might be removed. This change could signal a shift in policy under th...
Have you downloaded the Trump Accounts app? Your child could qualify for a free $1,000— check eligibility nowTrump Accounts are moving closer to launch, with eligible families set to access a $1,000 government-funded investment bonus for qualifying...
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...
Sukanya Samriddhi Yojana calculator: Can you build Rs 50 lakh corpus in SSY by investing Rs 50,000/year?Sukanya Samriddhi Yojana (SSY) offers a compelling investment avenue for girl children, currently providing an 8.2% annual interest rate. P...
US Stock Market: Fed Vice Chair Jefferson backs current rate stance ahead of June meetingFederal Reserve Vice Chair Philip Jefferson said the current US monetary policy stance remains appropriate as policymakers assess persisten...
Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
161,000 affected in Krispy Kreme data breach settlement: Eligibility, payout details, and claim rules explainedThe Krispy Kreme Data Breach Settlement has drawn attention after reports confirmed a 2024 data breach affecting about 161,000 individuals ...
Is Donald Trump losing Iran war? Strait of Hormuz holds keyDonald Trump is now at risk of seeing the U.S. and its Gulf Arab allies emerge from the conflict worse off while Iran, though battered mili...
Kevin Warsh takes over US Fed with a policy problem already in viewAn unfolding boom in artificial intelligence technology is reshaping the economy in ways Fed officials say could be profound for workers, c...
US Stock Market: Fed split widens as policymakers debate inflation and growth risksDeepening divisions at the Federal Reserve highlight a struggle with stubborn inflation and geopolitical uncertainty. Policymakers debated ...
₹50L, ₹75L or ₹1Cr: What is the maximum corpus you can build through the Sukanya Samriddhi Scheme? The answer might surprise youSukanya Samriddhi Yojana provides a powerful way to save for a girl child's education. This government-backed scheme offers high interest r...