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Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- School Assembly News Headlines June 19: Top national, international, business, sports update & thought of the daySchool assembly news headlines for June 19: Students can get updated on key national, international, and sports news for June 19. Highlight...
- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- Best balanced advantage funds or dynamic asset allocation funds to invest in June 2026Balanced advantage funds are recommended for new investors due to their dynamic portfolio management, adjusting equity exposure based on ma...
- Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...
- Best arbitrage mutual funds to invest in June 2026Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
- Best aggressive hybrid mutual funds to invest in June 2026Hybrid mutual funds, particularly aggressive hybrid schemes, offer resilience in volatile markets due to their balanced equity and debt por...
- India risks becoming "unhealthier before it becomes richer," CEA V Anantha Nageswaran warnsIndia faces a health challenge before achieving wealth. Chief Economic Advisor V Anantha Nageswaran points to rising obesity and sedentary ...
- World Cup 2026: Body found outside Mexico stadium where Iran football team has been training, police launch probeIran's national squad is using Tijuana as its base during the World Cup due to visa delays, as well as travel restrictions imposed on the t...
- Bollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trendBollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The...
- Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
- West Indies beat Sri Lanka by seven wickets in opening T20 cricket match at Kingston, JamaicaWest Indies secured a seven-wicket victory against Sri Lanka in the first Twenty20 match. Rovman Powell hit the winning six in the final ov...
- Cricketer Shreyas Iyer takes a luxurious house on rent in Worli at Rs 18.5 lakh monthly rent with 7% annual escalation; check the rental trend in MumbaiIndian cricketer Shreyas Iyer has secured a luxurious rental property in Worli, Mumbai. The apartment commands a monthly rent of Rs 18.5 la...
- FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
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