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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...
From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...
GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
Obama casts a long shadow as a hefty Iran bill lands on Trump’s deskIran seeks billions in frozen assets for a deal with the US. Trump previously criticized his predecessor, Barack Obama, for similar financi...
Nazara Technologies allots 1.82 crore warrants, gets Rs 118.5 crore in upfront paymentNazara Technologies has approved the preferential allotment of over 1.82 crore warrants to investors. These warrants are convertible into e...
Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
ThynkTech Pune India closure: Noida IT Firm shutdown leaves 500+ jobless after Rs 15,000 deposit over issuing laptops, 2 months' salary unpaidA Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
Can bonds replace rental income? The ₹40,000 monthly cash flow mathIndian investors traditionally favor rental income for passive earnings, but rising property prices and modest yields are prompting a shift...
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
Is RBI running any donation or lottery compensation scheme? Check detailsA fake email claiming to be from the Reserve Bank of India is circulating. It asks people to pay a credit fee for a 'Donation Program 2026'...
Health insurance works only when everyone contributesA small group of health insurance customers accounts for most hospitalisation costs. The remaining 95% must pay premiums to keep the system...
Hexaware to buy UK consulting company CPS in Rs 140 crore dealThe Mumbai-headquartered company said the acquisition, to be carried out through its wholly owned subsidiary Hexaware Technologies UK Ltd, ...
Sammaan in loss as impairments surge in 4th quarterSammaan Capital, formerly Indiabulls Housing Finance, reported a significant loss of ₹8,101 crore for the March quarter. Revenue from opera...