The Reserve Bank of India (RBI) has issued a clarification regarding the regulations surrounding Foreign Currency Non-Resident (Bank) [FCNR(B)] accounts. This update comes amid ongoing discussions about the impact of Non-Resident Indian (NRI) inflows on the Indian rupees stability. The
Major technology companies such as Apple, Microsoft, Nvidia, and Amazon are not listed on Indian stock exchanges. For Indian investors seeking to diversify their portfolios beyond the domestic market and the Indian rupee, the US stock market presents a compelling
South Koreas stock market recently saw a significant decline, with the KOSPI index dropping nearly 10% after reaching record highs earlier this year. This downturn was largely driven by a wave of selling in the semiconductor sector, with major companies
Indias energy sector is vigilant regarding developments in the Strait of Hormuz, emphasizing the nations ongoing dependence on the Middle East for essential liquefied petroleum gas (LPG) supplies. Although India has sought alternative sources, such as increased imports from the
Global markets faced a notable decline on Tuesday, as major Wall Street indices fell sharply amid a widespread sell-off in technology stocks. Investor apprehension has grown due to substantial expenditures in artificial intelligence and expectations of imminent interest rate hikes
According to data from Vortexa, supplemented by calculations from Bloomberg, approximately 68 million barrels of crude oil and condensate were reported to be stored at sea as of June 22. Notably, over 80% of this volume does not currently have
India and the United States are in advanced discussions to finalize a trade agreement, with negotiators convening in New Delhi to conclude an interim pact by July 24. These negotiations are focused on recalibrating the existing trade framework in light
A recent meeting resulted in the approval of over 80 agenda items, emphasizing a strategic focus on attracting investments across various sectors. Key areas highlighted include information technology, tourism, renewable energy, data centers, and capital city development. This initiative aims
The head of the Guarantees Panel announced that the authority has initiated a comprehensive effort to combat the misuse of various financial schemes. This crackdown aims to identify and rectify instances of improper fund allocation, with the authority actively working
As of the 2024-25 fiscal year, the total revenue arrears for the state have reached ₹12,951.77 crore, with a significant portion remaining unrealized for over five years. This amount constitutes 44.23% of the states projected own revenue, which is estimated
