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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...- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
- 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...
- Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
- India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Philippines earthquake triggers tsunami warning in 6 countries, U.S. tsunami alert system issues latest updatesEarthquake alert: Japanese authorities issued a tsunami advisory on Monday along swathes of its Pacific coast after a major earthquake off ...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
- India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
- 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...
- A wind farm in Poland became so loud that local birds started singing louder to compete with the noiseWind farms are impacting bird populations. Birds are altering their songs to be heard over turbine noise, a costly adaptation. Some species...
- Coinbase, Kalshi bring regulated perpetual crypto futures to US investorsPerpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely...
- Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
- Lenders urge RBI for hedging support framework to revive overseas borrowingIndian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes...
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