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ED summons TMC MP Mahua Moitra, bizman Darshan Hiranandani

The Enforcement Directorate has issued fresh summons to Trinamool Congress leader Mahua Moitra and Dubai-based businessman Darshan Hiranandani for questioning in a Foreign Exchange Management Act......

ED probes land deals involving Priyanka Gandhi, Robert Vadra

Purchase of three plots of land in Haryana in 2005-06 by Congress leader Sonia Gandhi's son-in-law Robert Vadra from a real estate agent is being probed along with a land deal made by his wife......

NIA attaches 17 properties of J-K businessman in terror funding case

The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said. IMAGE: The National......

In RS govt poohpoohs concerns over lack of nuclear safety

Union minister Jitendra Singh assured the members of the Rajya Sabha on Thursday that there is better nuclear safety in India as compared to many other countries and there are enough safeguards in......

Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter

The flow of money into Non-Resident Indians (NRIs) deposits witnessed a substantial increase, touching $2.14 billion in the first quarter of this financial year (Q1FY24), compared with $349 million......

NRIs from 10 countries will soon be able to use UPI for fund transfer

The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments......

Banks increase deposit rates on tight liquidity, high credit

Even as competition to garner deposits is intensifying into a tight liquidity and high credit growth scenario, Bank of Baroda (BoB) has hiked deposit rates for the second time in the current......

In a U-turn, outstanding NRI deposits rise in October

Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose for the first time in the financial year to $134.54 billion in October 2022. The figure was......

Foreign Fund Flows Remain Weak For Banks

Based on the current momentum, the funds likely to be raised through the RBI's relaxed window would be $3.5 billion-$4 billion. Illustration: Uttam Ghosh/Rediff.com   Almost two-and-a-half......

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