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NEW RESIDENCY REGULATIONS
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Kuwait launches 15-year residency programme for foreign investorsKuwait has launched a new long-term residency program, offering eligible foreign investors up to 15-year permits to attract high-value inve...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
Delhi Police mandates joint foot patrols on weekends, two weekdaysThe circular, issued by Commissioner of Police Sanjay Arora to senior officers across district and traffic units, aims to enhance public sa...
Ministry of Information and Broadcasting releases draft rules to 'consolidate' broadcasting sectorThe Ministry of Information and Broadcasting has released draft rules to bring television, radio, DTH, HITS, and IPTV services under the Te...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
Sebi weighs introducing long-term futures and options contracts: Tuhin Kanta PandeySebi is evaluating longer-term futures and options contracts, broader commodity derivatives and bond index derivatives to deepen markets. T...
GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
SpaceX IPO: Giant Elon Musk protest effigy stuns Times Square in New York, has a warning for investors. Watch videoSpaceX IPO: A giant inflatable Elon Musk appeared in New York City ahead of SpaceX's historic IPO, not as a celebration, but as a protest. ...
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...
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
UAE simplifies work permit system, expands categories to 13The UAE's Ministry of Human Resources and Emiratisation has introduced new work permit reforms. These changes aim to accelerate hiring and ...
Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...