Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
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...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
Telangana government assures full support to families of Jagtial men killed in Dubai accidentTelangana Minister Ponnam Prabhakar expressed grief over the deaths of three Jagtial district residents in a fatal road accident in Dubai. ...
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
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RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
RBI announces major rule change for NRI and OCI investors; here's what it means for your investments
KCR will return to power in 2028, BRS alone has vision for Telangana: KTRBRS Working President KT Rama Rao expressed confidence in his party's return to power in Telangana in 2028, with K Chandrashekar Rao set to...
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
Rupee is falling: As an NRI, should you prepay your India home loan or keep the cash abroad?
Karnataka to set up NRI, public grievance departments; eyes overseas investmentsKarnataka is establishing new departments for Non-Resident Indians and public grievances. Chief Minister DK Shivakumar aims to boost NRI in...
‘NRI dream is a trap’: Woman says clean roads and fresh air come at the cost of isolation, endless chores and toxicityA social media post highlights a troubling experience of a woman who married an NRI and moved abroad. She reportedly faced extreme isolatio...