The Economic Times
Elections 2026NRIs / The Economic Times
US employers are changing hiring and retention strategies for foreign professionals. This shift occurs as H-1B program changes make it more expensive and unpredictable. Companies now focus on long-term immigration plans starting with student visas. They are also accelerating green card sponsorships due to processing delays. This approach aims to provide more predictable work authorization for employees.
SA20 Season 5 will feature star players like Mitchell Marsh and Sam Curran. Joe Root and Phil Salt are also returning to their respective franchises. Several big names were released before the upcoming player auction on October 7. Defending champions Sunrisers Eastern Cape will face Pretoria Capitals in the opener. The tournament begins January 17 and concludes February 21.
Hazra also shares his views on sector opportunities, the role of alternatives, and why financial assets are increasingly becoming a preferred avenue over direct real estate for long-term wealth creation.
Investment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guaranteed dollar returns, fund managers are adjusting their tactics and reducing targets for offshore fundraising. This trend has prompted several clients to withdraw existing investments in favor of these attractive deposit schemes, signaling an anticipated capital reallocation after the September 30 cut-off.
From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential to enhance risk-adjusted returns, albeit with higher risk and lower liquidity.
Quote of the Day by Enrique Iglesias: Enrique Iglesiass quote, One person cannot change the world. But you can become the world for someone. A warm, bright, and peaceful world. If everyone can be such a world to one person, one will become ten people, and then a hundred. The world will be full of happy people then, explores the importance of kindness, compassion, and human connection. The quote suggests that even small acts of care and support can create meaningful change by bringing happiness,
In 1982, Japan introduced a technique called 'forest bathing' which involved visit to a forest to relax, take long walks and to breathe. Now, in a research, scientists have found that just a three-day forest trip boost your body's immune cells for more than 30 days and that too without any intense workout, supplements or technique.
He also shares why India deserves a place in every diversified global portfolio, the structural themes that could drive wealth creation over the next decade, and the role alternative investments can play in strengthening NRI portfolios.
A moderation in valuations, coupled with the cooling of the global AI-driven rally, has made India a more compelling investment destination, according to Mitesh Shah, Chief Executive Officer, Equirus Family Office.
Selling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax reduction opportunities through reinvestment and documentation. Agricultural land taxation depends on its location, with rural land generally exempt from tax. Listed shares and mutual funds have specific tax treatments and exemptions for long-term gains. Careful planning and seeking expert advice are crucial before selling any Indian asset.
Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks amounted to Rs 489 crore as of June 2026. Near-universal banking coverage has been achieved, serving most inhabited villages with banking outlets. Over 58.77 crore PMJDY accounts hold substantial balances, supporting financial inclusion efforts.
Milind Soman has often spoken about his deep connection with nature, from growing organic vegetables in his greenhouse, Sabzee ka Ghar, to planting trees at his Lonavala property. He also loves the Japanese practice of shinrin-yoku, or forest bathing. In an Instagram post, Soman called trees his favourite beings and said he enjoys the practice, which involves immersing oneself in nature through its sights, sounds and scents. Forest bathing is associated with relaxation, reduced stress and overal
GIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investment products. Investors can avoid rupee conversion and navigate repatriation rules easily. Various investment options like mutual funds and fixed deposits are available. Read the article to look at the investment options, tax benefits, and the process to get started.
The Medical Counselling Committee has updated its online counselling procedures for medical admissions. Candidates seeking upgrades will no longer need to physically report to colleges. Seat resignations can now be completed entirely through the online MCC portal. NRI quota applicants can submit their required documents digitally for easier processing. Authorities are now required to provide clear seat and fee details to all aspirants.
Japanese Mindset: Shinrin-yoku, a Japanese practice, involves immersing oneself in forest atmospheres. This mindful approach uses all five senses to reconnect with nature. Introduced in the 1980s, it combats urban stress and burnout. Scientific studies now support its mental and physical health benefits. This simple practice encourages slowing down and being present in nature.
Quote of the Day by Enrique Iglesias: Enrique Iglesias quote, If they would have told me when I was just 18 that I was going to have a career that would last so long, Id have said it was impossible, that it was crazy that that could happen in my life, so Im happy to be here. To be able to go out on stage every day, explores the importance of perseverance, gratitude, and believing in the power of dreams. The quote suggests that success often comes through years of dedication, passion, and consist
You were in charge when DOJ dropped Epstein victims photos: Heinrich rips into Trumps DNI pick
Quote of the day by Francis of Assisi expresses a timeless truth about generosity and human fulfillment. Giving enriches both the receiver and the giver by building stronger relationships, encouraging gratitude, developing character, and creating meaningful purpose. Whether through kindness, knowledge, forgiveness, encouragement, or service, every act of generosity contributes to a better world. Francis of Assisi reminds us that the greatest rewards in life are often invisible but deeply meaning
NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can prevent over-withholding on sale consideration. Understanding capital gains tax and available exemptions is crucial for maximizing returns. Recent changes have altered capital gains taxation for equities and debt funds. Proper documentation and timely filing are essential for claiming refunds and repatriating funds.
The Ayodhya temple trust will soon clarify the roles and obligations associated with the new Chief Executive Officer. This individual will be key in preserving the faith of the devotees and effectively managing the temples financial aspects. A committee consisting of three members is responsible for selecting the prospective CEO. Visitors to the Ram temple have reported encouraging experiences, strengthening their belief.
The Ram temple construction is expected to finish by August 15. The combined cost for the temple and museum will be 1800 crore rupees. A Ram Katha museum, featuring immersive technology, will open in six to eight months. Discussions covered visitor amenities and the potential for an entry ticket system. Financial audits and asset registers are being finalised for the temple complex.
Ram Mandir donation row: Nripendra Mishra opens up on digital donations, Temple Trust appointments
Ayodhya Ram Temple construction committee chairman Nripendra Mishra called the alleged donation theft a disgrace. He expressed confidence in improving temple management systems to prevent future incidents. A high-level committee is now working to suggest a suitable candidate for CEO. Construction work on the old temple memorial is nearing completion. The main temple structure is expected to finish by the end of July.
The main Ram Temple structure will finish construction by July 30. Peripheral projects like the boundary wall and museum are progressing well. The four-kilometer boundary wall is expected to be completed by September 30. Work on the auditorium will continue until November or December. The Ram Katha Sangrahalay's storyline has been finalised for its galleries.
A UK-based Indian techie's viral post highlights a growing trend among NRIs: returning to India for faster, cheaper healthcare. Facing a three-week wait for a root canal in the UK, he flew home, got the procedure done in two days, and found the entire trip, including flights, was still more affordable than UK treatment.
Despite recent volatility, wealth managers believe NRIs should remain invested in India, citing strong structural growth, resilient domestic capital markets, improving corporate fundamentals and long-term earnings potential. They argue temporary market and currency fluctuations should not overshadow India's long-term wealth creation opportunity.
An Indian-origin man has highlighted stark differences in workplace culture between India and the US. He observed that leaving work on time in India often drew attention, whereas in the US, it's considered normal. The man also shared an experience where his manager compensated him for after-hours work, emphasizing the US's structured approach to overtime and boundaries, a model he believes India could adopt.
The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE accounts. The changes aim to attract more foreign funds until September 2026. This move could boost foreign exchange inflows. It will help strengthen the banking system and manage global market volatility.
Iran insisted on Friday on its right to enrich uranium and maintain control over the Strait of Hormuz under any deal with the United States, after President Donald Trump said a draft accord was ready. Beyond this, according to IRNA, Iran would insist on managing traffic though the Strait of Hormuz, the key maritime trade route carrying oil and gas from the Gulf.
President Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understanding would also limit Iran's nuclear and missile programs. Iranian officials, however, have not confirmed a final agreement. The US president previously threatened military action but later called it off due to diplomatic progress.
US President Donald Trump declared Washington can acquire enriched uranium from Iran without a deal. He indicated the US could obtain it immediately. Trump also stated he would not meet Iran's Supreme Leader Mojtaba Khamenei. However, he suggested a meeting could occur if a deal between the two nations is finalized.
A viral video has sparked a debate on why affluent Non-Resident Indians (NRIs) opt to stay abroad. While financial security is achieved, factors like superior quality of life, predictable career paths, and dependable public services abroad are cited. Conversely, others highlight India's improving opportunities, affordable healthcare, and strong family ties as compelling reasons to return.
Proverb of the Day: German proverbs are renowned for their practicality, sharp observations and understated humor. Many of them highlight human flaws with striking honesty, delivering lessons that linger long after the initial smile or laugh has passed.
PayPal layoffs strategy under new CEO explained: Paypal is set for a major internal change. The company plans to reduce its workforce by approximately 20 percent over the next two to three years. This move is part of a larger effort to cut costs and save at least 1.5 billion dollars. New CEO Enrique Lores is leading these structural adjustments to simplify operations and boost growth.
Venture capitalist Hemant Mohapatra clarified Sridhar Vembu's call for Indian-Americans to return, emphasizing it's a mission for nation-building, not a guarantee of ease. He stated the appeal is for individuals willing to embrace hardship and contribute to India's growth in emerging tech sectors, acknowledging potential struggles and the need for sacrifice.
Telugu Bigg Boss fame Ashu Reddy has been booked on allegations of Rs 9.5 crore fraud on a false marriage promise from an NRI techie and then backing out. The complainant alleged that she took crores for a US education loan, car, gold and her family also took money from him. The Tollywood actress has denied the allegations.
SRH vs DC IPL 2026 match: Sunrisers Hyderabad (SRH) host Delhi Capitals (DC) in Match 31 of IPL 2026 at the Rajiv Gandhi International Stadium on April 21. While the surface is traditionally a batting paradise, a yellow watch for lightning and thunderstorms has been issued for the afternoon. With temperatures peaking at 40C and humidity expected to rise, the toss will play a critical role as captains weigh the dew factor against the potential for rain-induced DLS calculations.
SRH vs DC Playing 11: Sunrisers Hyderabad, on a two-match winning streak, host Delhi Capitals aiming for a third consecutive victory. SRH, currently fourth, are confident after a strong defense against CSK. Fifth-placed DC bounced back with a chase against RCB, thanks to key performances. The encounter promises an exciting contest between these in-form teams.
Iran's Deputy Foreign Minister Saeed Khatibzadeh dismissed US President Trump's claims about uranium and expressed caution regarding future talks. He stated Iran is not ready for face-to-face negotiations as the US maintains a maximalist position. This comes after Trump's remarks about retrieving enriched uranium from damaged nuclear sites.
Iran's foreign ministry denied claims that its enriched uranium stockpile would be transferred, stating it would not be moved anywhere. Spokesman Esmaeil Baqaei emphasized that recent talks focused on ending the war, not uranium recovery, and warned of an appropriate response to any naval blockade.
A new trailer for Sunrise on the Reaping reveals Haymitch Abernathy's fight in the Second Quarter Quell. He is selected as a tribute for the deadly games. President Snow issues a warning. The games feature double the tributes. Familiar faces like Effie Trinket and Caesar Flickerman appear. A plan to stop the Capitol is hinted at.
IPL 2026 SRH vs RR head to head Record: Rajiv Gandhi International Stadium hosts the 21st match of IPL 2026 tonight as the table-topping Rajasthan Royals take on Sunrisers Hyderabad. Rajasthan enters the contest with a perfect record of four wins from four games, propelled by 15-year-old sensation Vaibhav Sooryavanshi, who holds a Powerplay strike rate of 275.86.

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