The flow of deposits from non-resident Indians (NRIs) hit a four-year low in the financial year 2020-21 mainly due to contraction in foreign currency deposits, latest data released by the Reserve Bank of India (RBI) shows. Total NRI deposits during FY21 were $7.3 billion as compared to $8.6 billion in FY20 - the lowest since 2016-17, when such deposits had contracted by $12.3 billion. Indian banks have three kinds of deposit accounts where NRIs or PIOs (persons of Indian origin) can park their funds: non-resident external-rupee account (NRE); non-resident ordinary rupee account (NRO); and foreign currency non-resident bank account (FCNR [B]).
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Premier League leaders Manchester City won their derby with United 3-1, while Liverpool kept pace with a home win over Fulham.
Aston Villa and Sheffield United players and referee Michael Oliver took a knee at kickoff in support of the "Black Lives Matter" movement as the Premier League season restarted
Manchester City manager Manuel Pellegrini could face disciplinary action from the English Football Association after the Chilean criticised referee Mark Clattenburg in the wake of his side's 2-1 home loss to Tottenham Hotspur on Sunday.
Images from Saturday's action in the Premier League.
Professional sportpersons including Lewis Hamilton and Raheem Sterling have become leading voices in the anti-racism movement amid protests over the death of George Floyd, an unarmed black man in police custody in Minneapolis.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
'It has taken 7-and-a-half years for this government to understand the fundamentals of economics.' 'If the prime minister wants to leave an imprint, he has to see to it that this succeeds.'
Liverpool kept alive their hopes of Champions League football next season with a comfortable 2-0 Premier League victory on Monday against a Newcastle United side who finished with 10 men.
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City, who have dished out a string of maulings in a stellar league campaign, found the Championship side a tough nut to crack and had to wait until the 92nd minute to grab the winner when Argentine substitute Aguero darted in to head home.
Bolt said he admires the way the Portuguese has been successful in different leagues.
Five images from last week's action in Europe for you to savour.
Manchester City reached their fourth straight League Cup final as second-half goals from John Stones and Fernandinho gave Pep Guardiola's side a 2-0 win over Manchester United in Wednesday's semi-final at Old Trafford.
Manchester City face Chelsea in the Champions League final on Saturday. Here are five key tactical battles to watch out for:
Raheem Sterling scored a second-half hat-trick as leaders Manchester City beat Watford 3-1 on Saturday while Liverpool kept the gap at one point by overcoming Burnley 4-2 on Sunday.
Four months after quitting Liverpool for Manchester City, Raheem Sterling will have the first opportunity to justify the move by getting one over his former employers when the teams meet at the Etihad Stadium on Saturday.
German international Ilkay Gundogan scored twice and was at the heart of City's hugely impressive display as Pep Guardiola's side delivered the kind of football that took them to title wins in 2018 and 2019.
At least five officers were injured. One policeman was hit with a glass bottle and another by fireworks, according to St Paul police.
The Chanakya, a plush mall in central Delhi, is the city's latest magnet for luxury-lovers. Oozing with opulence, it is now also home to one of America's oldest luxury brands, one that helped make New York's Fifth Avenue an iconic thoroughfare. Tiffany and Co, the American jewellery giant that has been around since 1837, made its India debut here.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
The Supreme Court on Friday set aside NCLAT order of December 18, 2019 restoring Cyrus Mistry as executive chairman of Tata Group.
All these companies were provided loans by PNB as part of consortium lending.
Manchester City strengthened their Premier League top-four aspirations with a 5-0 thrashing of a woeful Crystal Palace side at the Etihad Stadium on Saturday.
Guardiola gave a debut to close-season signing Nathan Ake, the Dutch defender signed from Bournemouth, lining up alongside John Stones in the centre of defence.
Sonam Kapoor is likely to be admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute in Mumbai for treatment. Haresh Pandya reports from Rajkot.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ten-man Manchester City staged a dramatic comeback with late goals from Leroy Sane and Raheem Sterling securing them a 3-2 win at Schalke 04 in their Champions League Round of 16 first leg.
The difference in fortunes since Liverpool won 3-0 away to Manchester United in March was illustrated when Louis Van Gaal's team reversed that scoreline on Sunday.
Rediff reader Anjum Parwej, 52 from Indore shares his story.
IMAGES from the UEFA Champions League matches played on Tuesday
The spectator, in a letter of complaint to the ECB, also said women were subjected to sexist chants while homophobic abuse was directed at some players by the same group of people.
Pound Sterling also turned higher at Rs 81.59/61.
Four-times winners Germany enjoyed a 3-0 win over Group J rivals Iceland
Summary of World Cup qualifiers played across the world on Thursday
Manchester City emerged from a trough of despair to beat Tottenham Hotspur 3-1 and move to within three points of the Premier League title at Wembley on Saturday.
The domestic unit closed lower by 6 paise at 66.71.
Wasteful Portugal were held to a 1-1 home draw by Serbia after their captain and top scorer Cristiano Ronaldo limped off with an apparent hamstring injury in the first half of their Euro 2020 Group B qualifier on Monday.
