Indian residents with offshore credit cards are facing renewed restrictions as the Reserve Bank of India’s 180-day remittance rule complicates maintaining overseas banking relationships, impacting high-net-worth individuals and families alike. Offshore banks in financial centres including Zurich, Singapore and London…
Market specialists emphasise the importance of XIRR over CAGR in understanding real returns for National Pension System investors, reflecting the impact of irregular contributions and withdrawals. For National Pension System subscribers, the return figure that matters most is not always…
The Indian government is deliberating a significant increase in the wage cap for mandatory provident fund coverage, potentially extending social security to more salaried workers and impacting employer contributions, marking the first revision since 2014. India is weighing a substantial…
India’s markets regulator has unveiled a new fixed-price framework for the voluntary delisting of certain state-run companies, aimed at streamlining exits for the government and protecting minority investors amid changes to the price-discovery process. India’s markets regulator has set out…
Despite improvements in teacher numbers and enrolment rates, India continues to face significant hurdles in keeping children in school, prompting calls for increased investment in human capital to realise its 2047 development ambitions. India’s ambition to become a developed nation…
India’s telecom manufacturing sector is gaining momentum under the government’s PLI scheme, with investments surpassing Rs 5,200 crore and sales reaching Rs 1.1 lakh crore, signalling a significant shift towards self-reliance and export capability. India’s telecom manufacturing push is gathering…
Capital Small Finance Bank expects minimal impact from the Reserve Bank of India’s new fixed deposit pricing rules, emphasising its retail-focused model and commitment to transparency amid regulatory changes. Capital Small Finance Bank is expecting limited disruption from the Reserve…
The Indian rupee is poised to weaken further as soaring oil prices increase dollar demand, prompting the Reserve Bank of India to once again intervene to defend the currency amidst geopolitical tensions and market uncertainty. The Indian rupee is expected…
A busy earning day on August 11 will see Indian listed companies report first-quarter results, with insights into demand trends, input costs, and profit margins amid a backdrop of rising commodity expenses and mixed operational performance. A busy earnings day…
Gold has surged close to $4,390 an ounce amid renewed international buying and evolving US economic signals, sparking retail interest in India and raising expectations of a potential policy easing by the Federal Reserve. Gold has staged a sharp recovery…
