"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
'Female friendships are such an important part of so many women's lives, yet they remain surprisingly underexplored on screen.'
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.
Gurugram police have dismantled a cyber fraud operation run from a call centre in Ghaziabad, arresting three individuals accused of defrauding people of significant sums through deceptive insurance and government bond investment schemes.
Zero-coupon bonds suit investors with long-term goals such as retirement or education planning.
The mother of Cape Verde goalkeeper Vozinha will finally get to watch her son play at the World Cup after receiving a visa to travel to the United States, following his tearful revelation that she missed his heroics against Spain due to travel issues.
"I hope it was correct," Macron said after delivering the lines in Hindi.
The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.
Aamir Khan, 61, is set to marry Gauri Spratt next month, joining a list of celebrities who found love and tied the knot after turning 60, proving that age is no barrier to companionship and happiness.
A Delhi court has granted bail to a director of a coaching institute accused in an alleged scam linked to a Delhi government scheme, stating that his continued imprisonment would serve no purpose.
Con City has a fun premise and a handful of clever scams, but its biggest con is convincing you it's smarter than it really is.
State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
The FIFA World Cup 2026 will feature four sets of brothers playing for different countries.
Cape Verde goalkeeper Vozinha was not too keen to discuss it on Thursday but finally conceded he was very happy his mother had obtained a U.S. visa and would be able to watch him play against Uruguay in the World Cup this weekend.
A Delhi court has granted bail to six individuals accused in a scam related to the Delhi government's 'Jai Bhim Mukhyamantri Pratibha Vikas Yojana'. The court cited the principle that bail is the rule and denial is an exception.
Sometimes, what looks like overwhelming love is actually overwhelming anxiety, warns Tanvi Singh, co-founder and director, Leap of Love Foundation.
Kushinagar police busted an international fraud syndicate that allegedly lured Nepali citizens with false promises of jobs and higher education, arresting ten members and rescuing 453 Nepali nationals.
In an apparent reference to the buzz of six rebel Shiv Sena-Uddhav Balasaheb Thackeray MPs switching sides, Maharashtra deputy Chief Minister Eknath Shinde on Friday said this is just a trailer and the movie is yet to come, indicating more defections could be in offing in the rival faction.
Thanks to major companies like Kia, Mexico has seen a huge influx of South Korean population in places like Monterrey, with Korean cuisine and K-Pop becoming major influences in the country.
The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
MS Dhoni's journey from a tea stall in Kharagpur to global cricket icon is a story of humility and loyalty, as he continues to support those from his early days.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
With a dazzling hat-trick against Algeria, Lionel Messi once again defied age, expectations and logic at the World Cup, prompting coach Lionel Scaloni to call his performances "inexplicable" and admit he is simply no longer surprised by the Argentine legend's brilliance.
From Arshad Warsi's anecdotes about the father-son duo Rajkumar Hirani and Vir Hirani to Vikrant Massey's excitement over playing an unconventional villain to a lovely Shreya Ghosal performance, Pritam And Pedro's trailer launch had it all.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.
Jaspal Rana, a legendary Indian shooter and influential coach, has passed away at 49 after battling cardiac issues. He was a pioneer who brought shooting into the national spotlight with his fearless performances and later shaped the careers of many world-class athletes, including Manu Bhaker, leaving an indelible mark on Indian sports.
Catch Akshay chase off bhoots, Suriya's blockbuster, the King of Pop and more on OTT this week. Sukanya Verma lists your hot picks.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
Bollywood celebrate Father's Day with memories, pictures and sweet messages on social media.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
A riveting mother-son drama with a superb first half, Balan: The Boy loses some of its grip after an ambitious but uneven turn, notes Sreeju Sudhakaran.
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
As the rupee weakens, wealthy families are accelerating investments in global assets.
