Overseas travel spending by Indians falls to $1.09 billion in MarchIndians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on outward r...
24 May, 2026, 04.00 PM IST
LRS outflows up over 10% in March led by travel demandIndians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month...
23 May, 2026, 10.08 AM IST
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
15 May, 2026, 01.12 AM IST
High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
15 May, 2026, 01.04 AM IST
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
15 May, 2026, 12.53 AM IST
ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
14 May, 2026, 06.39 PM IST
RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
14 May, 2026, 05.51 PM IST
Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
14 May, 2026, 01.49 AM IST
RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
13 May, 2026, 09.06 PM IST
Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
12 May, 2026, 04.16 PM IST
Titan, Kalyan Jewellers & other gold stocks tumble up to 14% in two days after PM Modi's appeal. What lies ahead?Gold jewellery stocks including Titan, Kalyan Jewellers and Senco Gold fell up to 14% in two sessions after PM Modi urged citizens to reduc...
12 May, 2026, 12.39 PM IST
Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
12 May, 2026, 10.03 AM IST
As PM Modi appeals, govt & India Inc set to operate on a war footingIndia's government is preparing to discuss ways to manage the impact of the West Asia war. Prime Minister Narendra Modi has urged citizens ...
12 May, 2026, 07.34 AM IST
Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
24 Apr, 2026, 09.15 AM IST
NRI term insurance demand doubles in two years; younger buyers drive growthDemand for term insurance among Non-Resident Indians has doubled in two years, with a 35% month-on-month surge following West Asian tension...
09 Apr, 2026, 12.45 PM IST
How UPI can make India an architect of global financial connectivityIndia's triumph with UPI in digital payments is on the brink of revolutionizing cross-border money transfers. The goal is to enhance the sp...
07 Apr, 2026, 11.35 PM IST
LRS outflows fall sharply in October after TCS regime takes effectRemittances down 37% over September; shift to credit-card spending for international travel likely. In October, outward remittances under t...
22 Dec, 2023, 12.41 AM IST