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NRE vs NRO accounts: One offers tax-free interest, the other can attract 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...- Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...
- Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Canada eases work permit rules for provincial nominee applicants awaiting permanent residencyCanada has implemented temporary measures allowing certain Provincial Nominee Program applicants and their spouses to obtain work permits s...
- RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...
- Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
- Airtel secures nearly 100% investor support to raise Airtel Africa stake to about 79%Bharti Airtel shareholders have overwhelmingly approved a plan to increase its stake in Airtel Africa Plc. This strategic move involves a c...
- Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle IndiaMarkets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support ...
- WB liquor retailers allege Rs 300 crore collected as unauthorised transport charges, seek probeWest Bengal liquor traders claim over Rs 300 crore was collected from them between 2022 and 2025. They allege these are unauthorized transp...
- Indian Navy recovers, disposes of unexploded missile warhead from oil tanker off Oman coastAccording to the defence spokesperson, the Marshall Islands-flagged tanker MT Olympic Life, which had no Indian nationals on board, was sai...
- Tamil Nadu DCCB housing loan up to Rs 10 lakh: Check eligibility, how to apply, documents needed and moreTN DCCB house loan: Tamil Nadu residents can now access housing loans up to Rs 10 lakh. The scheme, offered through District Central Cooper...
- Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
- Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlementAir India refutes claims of pressuring families of AI-171 crash victims. The airline states there is no deadline or pressure to accept its ...
- India's current account deficit to stand at 1.8% of GDP for FY27: ICICI Bank Global Market ReportIndia is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...
- South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
- Dead insect in biriyani: Restaurant ordered to pay Rs 10,000 compensation and serve diner 2 fresh biriyani plates every Sunday for next 5 weeksA man in Puducherry received Rs 10,000 in compensation and Rs 3,000 for legal expenses after finding a dead insect in his biriyani. The con...
- India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
- India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittancesIndia achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...
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