Banks & legal eagles quietly revive foreign family officeSome large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regula...
24 Aug, 2026, 12.09 AM IST
RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
20 Aug, 2026, 08.50 AM IST
RBI cuts FX swap window short after NRI deposits cross $50 billionThe Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from...
17 Aug, 2026, 01.12 PM IST
Banks may rush to tap short loans abroadBankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...
17 Aug, 2026, 01.12 AM IST
RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...
17 Aug, 2026, 12.06 AM IST
RBI to close FCNR(B) swaps a month earlier due to gushThe Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....
15 Aug, 2026, 09.26 AM IST
RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
15 Aug, 2026, 12.19 AM IST
Leap India raises Rs 743.6 crore from 32 anchor investors ahead of IPO launchThe anchor allocation witnessed participation from some of the world’s most prominent institutional investors, including the Monetary Autho...
07 Aug, 2026, 07.46 AM IST
No case for early closure or extension of swap window: RBIThe Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...
06 Aug, 2026, 12.56 AM IST
Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
05 Aug, 2026, 12.43 PM IST
Energy shock vs AI boom: RBI should act as and when external shocks push domestic data in a direction, not until thenGlobal growth faces pressure from an energy shock and a tech boom. The energy shock stems from conflict, impacting oil prices and shipping ...
20 Jul, 2026, 11.50 PM IST
Global Market: ECB weighs inflation risks, digital Euro progress at July meetingAccording to Reuters, policymakers are widely expected to keep the ECB's key interest rate unchanged at 2.25%, following June's surprise ra...
17 Jul, 2026, 01.49 PM IST
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
06 Jul, 2026, 08.39 AM IST
The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...
03 Jul, 2026, 12.17 PM IST
Lodha secures rights for 4.3-acre SOBO Malabar Hill plot with six bungalowsRealty major Lodha Developers has secured development rights for a significant 4.3-acre land parcel in Mumbai's upscale Malabar Hill. The d...
25 Feb, 2026, 06.30 PM IST
Key takeaways from newly notified anti-abuse rules for tax valuation of slump saleThough seemingly well intentioned, the FMV Rules for slump sale had the potential to create enormous uncertainty for taxpayers if they were...
27 May, 2021, 03.18 PM IST
Money gifts to NRIs are taxable from July 5, 2019, property gift tax rules unchangedWith the passing of Finance Bill 2019, NRIs will have to disclose such gifts received and pay tax on it as per the tax rules applicable.
01 Aug, 2019, 11.01 AM IST