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WEALTHY FOREIGNERS
Hollywood to Bollywood no more: US makes a move in India's backyardThe United States has renamed its Indo-Pacific Command back to Pacific Command. This change signals a strategic shift away from broad allia...17 Jun, 2026, 09.53 PM IST- 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...15 Jun, 2026, 11.54 PM IST
- 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 ...15 Jun, 2026, 12.03 PM IST
- Russia is the test of Europe's strategic autonomyEuropean ambassadors' visit to Moscow to discuss ending the Ukraine invasion proved futile, highlighting Europe's geopolitical challenges. ...15 Jun, 2026, 09.56 AM IST
- G7 leaders meet in France after US and Iran declare agreement to end warGlobal leaders gather at a French resort for the G7 summit. Discussions will focus on a preliminary deal with Iran, the war in Ukraine, and...15 Jun, 2026, 09.41 AM IST
- Why Trump and other G7 leaders meeting without China might be a mistakeThe G7, a club of wealthy nations, faces questions about excluding China. China's economy now surpasses most G7 members. However, the G7's ...14 Jun, 2026, 10.08 AM IST
- Trump and other G7 leaders are meeting without China. Is that a mistake?The G7, a club of wealthy nations, faces questions about its relevance without China. China's economy now surpasses most G7 members. Howeve...14 Jun, 2026, 07.34 AM IST
- RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...13 Jun, 2026, 02.22 PM IST
- UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....13 Jun, 2026, 01.11 AM IST
- RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...13 Jun, 2026, 12.34 AM IST
- 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...12 Jun, 2026, 05.36 PM IST
- 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 ...12 Jun, 2026, 04.34 PM IST
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...11 Jun, 2026, 08.04 PM IST
- Suspense surrounds Swiss anti-immigration voteSwitzerland is set to vote on a controversial anti-immigration proposal aimed at capping its population below 10 million. The hard-right Sw...11 Jun, 2026, 01.39 PM IST
- Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon tiesAfter a five-year hiatus, Saudi Arabia is reopening its market to Lebanese imports, a decision that stemmed from previous drug smuggling ap...11 Jun, 2026, 09.05 AM IST
- $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...09 Jun, 2026, 06.06 PM IST
- Swiss healthcare united against immigration cap planAt a Swiss nursing home, Marcelle Mivelaz celebrated her 80th birthday surrounded by friends, as a team of mostly foreign nurses and caregi...08 Jun, 2026, 10.59 AM IST
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