Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...

A few other individuals, including directors of CMRL, have been summoned for questioning at its Kochi office on June 12. Statements of Veen...

Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...

An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...

Poonam Dhillon has backed actor Ranveer Singh in the Don 3 controversy. She praised his professional conduct and his right to creative choi...

India achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...

The Enforcement Directorate will intensify its money laundering probe against Cochin Minerals and Rutile Limited. The agency will soon summ...

The National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...

Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...

The Kerala High Court has ruled that the Enforcement Directorate can initiate civil action under the PMLA even without a registered FIR or ...

The RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...

The rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging ⁠FX ⁠exposure, pl...

Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...

The Supreme Court questioned the legal foundation for Waqf institutions to be exempt from paying court fees. This came up during a hearing ...

Homeowners in possession must pay maintenance charges even without an Occupation Certificate or independent water and sewerage facilities. ...