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REMITTANCE FACILITATION
India, Canada ready to fast-track bilateral investment treaty talksIndia and Canada will start bilateral investment treaty negotiations soon. Both nations will explore cross-border payment system collaborat...- India, Canada working on easing cross-border remittances: Nirmala SitharamanIndia and Canada are joining forces to improve remittance processes for students. With a focus on utilizing digital innovations, this initi...
- Closer India-Canada economic cooperation gains importance amid global uncertainty: SitharamanIndia and Canada are strengthening economic ties amid global uncertainty. Finance Minister Nirmala Sitharaman highlighted the need for deep...
- EPFO urges establishments to enrol eligible workers under EEC 2026Establishments can now enrol previously uncovered employees under EPF. This Employees' Enrolment Campaign 2026 offers a one-time opportunit...
- RBI holds policy rates while raising growth forecast; cuts inflation projectionsThe Reserve Bank of India maintained its benchmark repo rate at 5.25 percent. Inflationary expectations were lowered to 5 percent for fisca...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
- Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
- EPFO launches VISHWAS 2026 scheme: Six-month window offers relief in delayed PF dispute cases; check eligibilityEPFO 2026 scheme: The Employees' Provident Fund Organisation (EPFO) has introduced VISHWAS, 2026, a dispute resolution scheme. This initiat...
- ED charge sheets Punjab minister Sanjeev Arora in ₹102 cr money laundering caseThe Enforcement Directorate has filed a chargesheet against Punjab Minister Sanjeev Arora. This action stems from an alleged over ₹102 cror...
- Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
- US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassleIndians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...
- ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
- Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
- 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...
- India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
- 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 ...
- Remit funds to IFSCs for studies under LRS nowRemittances by resident individuals to International Financial Services Centres for the purpose of 'studies abroad' may be facilitated by a...
- Remittances to Nepal: RBI hikes per transaction cap to Rs 2 lakh from Rs 50,000"As hitherto, banks shall accept remittances by way of cash from walk-in customers or non-customers. The ceiling of Rs 50,000 per remittanc...
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