The Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...

FCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...

Foreign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...

FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...

Indian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...

Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...

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...

India is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

The Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...

Indian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...

India achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...

The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...

A weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...