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WEALTHY INDIANS TRANSFERRING MONEY ABROAD
ET Alpha Wealth Summit | Go for global allocation in a deliberate manner; not as a knee-jerk reaction to short-term underperformance: Rahul JainIndia's wealthy investors are now considering global markets. Wealth managers at the ET Alpha Wealth Summit confirmed this shift. However, ...- Awful Indian tourist? Why better travel etiquette matters more than everRecent incidents have seen Indian holidaymakers criticized for their noisiness and rowdiness in foreign lands, a scenario not unfamiliar in...
- India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
- 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 ...
- India warns citizens in Canada against fraud callers claiming to be consulate officialsIndian citizens in Canada are receiving scam calls. Fraudsters are pretending to be consulate officials. They are asking for personal infor...
- Dhan launches US stocks, ETFs investing via GIFT City routeThe offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under...
- CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Samosa, pani puri in Tokyo: Patna's 'Jaggu Dhaba' brings Bihari desi flavours to Japan. Watch videoA taste of home is now available in Tokyo! 'Jaggu Dhaba', a restaurant founded by a man from Patna, is delighting patrons with authentic No...
- India warns citizens in Canada against fraudsters posing as consulate officialsIndian nationals in Canada are warned by the Consulate General of India in Toronto about fraudulent calls. Scammers are impersonating consu...
- India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...
- Harsh Goenka shares 'lovely exception' amid debate over Indian tourists abroad, video shows people dancing to a Bengali song at Van Gogh MuseumIndians dancing abroad: A video from the Van Gogh Museum showcasing international visitors dancing to a Bengali folk song offers a positive...
- $50,000 gold watch on Monaco yacht: The 'Iranian rich kid' gifts girlfriend Audemars Piguet as millions back home survive on $3 a dayIranian diplomat's son Sasha Sobhani gifted his girlfriend a luxury Audemars Piguet watch on a yacht in Monaco. The extravagant display spa...
- 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....
- 'Indian diplomacy works 24/7 for nation': EAM Jaishankar shares foreign policy transformations in last 12 yearsExternal Affairs Minister S Jaishankar on Tuesday shared key transformations in India's foreign policy and the Ministry of External Affairs...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- From tarmac Garba to towel theft: As Indian tourists go viral for all wrong reasons, here are 9 travel rules to avoid becoming the next internet horror storyIndian travelers are facing major criticism for disruptive behaviour abroad, from public dancing to hotel theft and disrespect. This guide ...
- German car, designer bag, luxury watch? CA says none of these prove you're actually rich. Here's what really mattersCA Nitin Kaushik challenges the notion that luxury goods signify wealth. He argues that visible status symbols like premium cars or designe...
- Punjab to launch ‘Mawan Dheeyan Satkar Yojna’ from July 1, offering monthly financial aid to women, check registration detailsPunjab is launching a new scheme to provide monthly financial aid to women. Eligible women will receive ₹1,000, and those from Scheduled Ca...
- Why NRIs don’t return to India even after saving ₹5-6 Crore? A young Indian abroad explainsA viral video has sparked a debate on why affluent Non-Resident Indians (NRIs) opt to stay abroad. While financial security is achieved, fa...
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