FCNR(B) is now Plan A for Gulf NRIs, leaving India-focused funds behind
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.
Unidentified people attempted to set fire to former Bangladesh captain and ex-lawmaker Shakib Al Hasan's house in Magura, police said. The incident occurred a little after the former Bangladesh skipper attended a media interaction addressed by ousted Prime Minister Sheikh Hasina. The interaction was hosted by the Foreign Correspondents' Club of South Asia in New Delhi.
Iran, Oman reach understanding on coordinates of route through Hormuz, Iran Ministry says
Iran Foreign Ministry said that any such agreement between Iran and Oman would not, by itself, guarantee security in the strategic waterway
Indian-American Congressman Shri Thanedar loses Democratic primary in Michigan
Liquidity surge due to NRI deposits to be limited and temporary: RBI
China blacklists six US firms, tightens drone exports in retaliation to fresh American tariffs
China has announced a fresh round of retaliatory measures against the United States, escalating tensions between the world's two largest economies. In response to the latest US trade sanctions, Beijing has imposed sanctions on six American companies, tightened export controls on drones and launched a series of additional trade-related actions targeting Washington. The measures were unveiled on Wednesday after the United States introduced another round of tariffs on China and more than 50 other countries as part of President Donald Trump's broader trade strategy. The US administration has argued that the tariffs are aimed at correcting trade imbalances that it considers unfair to Washington.
Trump's immigration crackdown has detained more than 50 military spouses, parents
At least eight immediate family members of U.S. service members remain in federal immigration custody
Forced away from my country, but never separated from my people: Sheikh Hasina breaks down
In a virtual interaction with the media in Delhi, former Bangladesh PM Sheikh Hasina said she speaks as someone who has spent her life with the people of Bangladesh and was forced away from her...
APL 2026: Dibrugarh Warriors Overcome Early Jitters To Beat Charaideo Sunrisers By Five Wickets
Assam Cricket Association Stadium: Dibrugarh Warriors shrugged off a disastrous start to register a composed five-wicket victory over Charaideo Sunrisers in Match 8 of the Assam Premier League (APL) at the Assam Cricket Association Stadium in Guwahati on Wednesday. Chasing a target of 121, the Warriors recovered from 3/3 to seal the contest with 13 balls to spare. Opting to field first, Dibrugarh Warriors made early inroads through Doikho Das, who removed Pradyun Saikia and Kirti Azad before adding the wicket of Reshabh Dipak to leave the Sunrisers reeling. Hrishikesh Tamuli (22) and skipper Sumit Ghadigaonkar (17) attempted to rebuild, but wickets continued to fall at regular intervals. Soumya Kanti Paul provided the lone bright spark with a counter-attacking 46 off just 29 balls, striking three fours and three sixes to lift Charaideo to 120 in 19.1 overs. Doikho Das starred with 4/33, while Roshan Alam returned excellent figures of 3/16. In reply, Dibrugarh endured a nightmare start as Ronit Akhtar, Parvej Musaraf and Diwiz Pathak were dismissed with only three runs on the board. Ayush Agarwal then steadied the innings with a patient 45 off 44 balls before combining with Rituraj Biswas in a crucial 88-run partnership. Biswas matched Agarwal's contribution with a well-crafted 45 off 44 deliveries, ensuring the chase stayed on course despite the early collapse. Although the Sunrisers struck twice in the closing stages through Mayukh Hazarika and Reshabh Dipak, captain Saahil Jain finished unbeaten on a brisk 18 off eight balls, while Sidhartha Sankar Baruah's unbeaten 8 ensured Dibrugarh Warriors crossed the finish line at 121/5 in 17.5 overs to complete a hard-earned five-wicket win. Brief scores: Charaideo Sunrisers 120 all out in 19.1 overs (Soumya Kanti Paul 46, Hrishikesh Tamuli 22; Doikho Das 4/33, Roshan Alam 3/16, Jitumoni Kalita 1/15) Brief scores: Also Read: Live Cricket Score Result: Dibrugarh Warriors beat Charaideo Sunrisers by 5 wickets Article Source: IANS
SA20: Sunrisers Eastern Cape sign Mitch Marsh; Salt returns to Pretoria, Root to Royals
Durban's Super Giants and Paarl Royals have completed their 19-player squads before the mini-auction on October 7
Can NRI open PPF account in India?
Hand grenade explosion kills three in northwest Pakistan
According to the police, a family dispute triggered the hand grenade explosion.
Insuretech startup InRisk Labs raises $27M in Series A
InRisk Labs will use this funding round to deepen its insurance capabilities across multiple segments.
Afghanistans child deaths rising as food distributions face cuts, says UN
The World Food Program attributed supply shortages to conflict in West Asia and a nine-month border closure between Pakistan and its neighbours, disrupting nutrition product deliveries
Dubai rocked by 7 blasts in 20 minutes as US-Iran conflict rages on | VIDEO
Multiple explosions and thick smoke were reported at Dubai's Jebel Ali industrial zone and port early Wednesday, with Emirati authorities confirming at least seven blasts over a 20-minute period but not disclosing the cause amid the ongoing conflict in the Gulf .
InRisk Labs raises $27 million as subsidiary EarthRe gets reinsurer licence
The company will use the fresh capital to build better technology and hire experts to improve how it assesses and prices insurance risks. It will also help the company expand into new insurance segments, develop event-based products.
U.S. lawmaker voices concern on FCRA amendments; says could hit bilateral ties with India
U.S. Congressman Riley Moore said the amendments to FCRA would permit the Indian government to takeover churches and religious charities and would amount to clear attack against Christians
The Hundred: Sunrisers Leeds post highest-ever total
Sunrisers Leeds scripted history in The Hundred by posting the highest-ever total in the tournament's history.
A top Iranian official noted that the understanding with Oman on Hormuz is within reach if U.S. stops interference.
Another Trump assassination plot? Man held with loaded pistol near US President's golf course
A 38-year-old man carrying ammunition and a firearm in his vehicle was arrested near President Donald Trump's golf course in Southern California after allegedly monitoring security arrangements ahead of a fundraiser, authorities said on Tuesday. The...
ETMarkets NRI Talk | Alternatives can account for up to 20% of an NRI's India allocation: Shiv Gupta
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.
Palestinians hold mass funeral for 112 bodies finally recovered from a 2023 Gaza strike
Marsh, Rickelton, Brook blast Sunrisers to record total in big win
Headingley plays host to highest-scoring game in Hundred history but London Spirit fall well short
Brilliant Brook leads Sunrisers to record Hundred score
Harry Brook hits a 15-ball fifty and Ryan Rickelton makes 94 not out as Sunrisers Leeds set a new Hundred record, making 241-2 against London Spirit.
Annabel Sutherland keeps Sunrisers Leeds' slim Eliminator hopes alive
Australian allrounder comes to the fore with a wicket before toppling London Spirits' 136 for 7
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, hope, and positivity into another persons life. It highlights how individual kindness can spread and contribute to a more peaceful and caring world.
Russian and Ukrainian drone strikes kill at least 5 in each country
Since Russia's invasion more than four years ago, Ukraine has developed long-range drones that can hit targets deep inside Russia. In the past year, they have battered oil facilities, major storage depots and other key infrastructure
Bangladesh proposes death penalty for enforced disappearances
A commission set up after her overthrow recorded at least 1,569 cases of enforced disappearances during her tenure, with 251 victims still missing and presumed dead
Indian-flagged vessel sinks after attack in Red Sea off Yemen coast; MEA condemns strike
An India-flagged cargo vessel capsized and sank after being hit by a projectile near the Yemeni coast on Tuesday ( August 4), the Ministry of External Affairs (MEA) said. All 14 crew members aboard, including 13 Indian seafarers, were safely rescued by the Yemeni Coast Guard and brought to the Port of Mokha.
Bangladesh cautions that continued political activities by Bangladeshs deposed Prime Minister Sheikh Hasina on Indian territory can harm bilateral ties
Enrich, Fighton and Red Rose please
How NRIs Can Use An NRI Account To Separate Indian Income From Overseas Income
The right NRI account structure can help separate Indian and overseas income, making tax filing much simpler.
US To Deneutralise 25, Including Indian-Origin Man, Over Criminal Charges
The complaints against 25 people involve allegations including attempted murder, child sexual abuse, domestic violence, marriage fraud, identity fraud, passport fraud, bank and credit card fraud, and practising medicine without a license, among other offences.
Losing a war, refusing it to see it
As Colombia prepares for presidential inauguration, outgoing leader doubles down on fraud claims
Colombian President Gustavo Petro has reiterated claims of fraud in the nations June election, which his party lost narrowly to conservative leader Abelardo de la Espriella
US forces advised to hit Iran in 'creative' ways as Trump fires decapitation warning | Updates
US President Donald Trump on Monday said negotiations with Iran were continuing despite Tehran denying any ongoing talks, describing the current diplomatic effort as the Islamic Republic's last chance to reach an agreement.
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.
25 US states sue Trump over latest global tariffs on 59 countries; what it means for India
A coalition of twenty-five Democratic-led US states filed a lawsuit against the Donald Trump administration over latest global tariffs on 60 countries, including India. The US President last month imposed double-digit tariffs on 59 countries...
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.
New talks 'last chance' for Iran to forge deal, avoid escalation of U.S. strikes: Trump
Mr. Trump, speaking at the Oval Office, said he expects negotiations that will reopen the Strait of Hormuz and create a pathway for Iran to address the United States' concerns about its nuclear programme will begin in the next day or two
Man rejects Rs 2 crore offer in India and chooses $160K in the US because...
Sudan army drone attack on Darfur court kills 35
The court session was being held under a tree with the participation of local community leaders, a witness from the area told on condition of anonymity for safety reasons
Over 30 members killed by 'unknown gunmen' in past 3-4 years: Lashkar terrorist's big admission
A Lashkar-e-Taiba (LeT) operatives has admitted that the terror group's over 30 members were killed by unknown gunmen, a term widely used for operatives of Research & Analysis Wing (R&AW), in Pakistan in the past three to four years. Most of the killings were reported in Rawalakot, Rawalpindi, Karachi, and other areas.
Sheikh Hasinas media event can hurt ties with India: Bangladesh
Dhaka expects India to ensure that no one used Indian territory to make political statements or conduct any activities aimed at creating instability within Bangladesh, a report from Bangladeshs official news agency said
Telangana mulling over special mechanism for NRI grievances: Deputy Chief Minister Bhatti
Telangana mulling over special mechanism for NRI grievances: Deputy Chief Minister Bhatti
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facility
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.
NRIs pick their favourite Indian banks to put dollars
Why is Pakistan-occupied Kashmir rocked by protests? | Explained
What is the political relationship between Islamabad and PoK? What has India said about the Rawalakot protests?
UNSW Sydney Opens Bengaluru Campus, Becomes Sixth Foreign University In India
UNSW Sydney launched its Bengaluru campus, offering Indian students international degrees without going abroad.
HDFC, ICICI raise dollar deposit rates to attract NRI funds
In a bid to draw more dollars amid rising global rates, HDFC Bank and ICICI Bank have revised their Foreign Currency Non-Resident (FCNR) deposit rates.
SBI, ICICI, and Major Banks Roll Out High-Yield FCNR(B) Deposit Schemes for NRIs Earning Up to 7.10%
At least 14 dead as Ukraine, Russia exchange strikes
The exchange of strikes comes amid signs both Moscow and Kyiv are increasing the scale and intensity of attacks on each other, nearly four-and-a-half years into their grinding war
FPIs pulled out a record ~$18 billion (1.7 lakh crore) that year. 2026 has been worse, rupee returns are down 10% from the year's high, and FPIs have now taken out close to $28 billion (2.6 lakh crore).
Trump confirms peace talks with Iran expected to commence today: 'Not looking to kill people'
In a most significant development, US President Donald Trump stated that negotiations with Iran, expected to commence on Monday. While addressing the reporters on board Air Force One, Trump confirmed that discussion channels were active. He stated that he is talking to them [the Iranians] in the form of a negotiation; it begins on Monday afternoon, and we'll see how it goes. He added that he is not looking to kill people, because a lot of people die; he doesnt want that.
Moscow Mayor calls deadly bomb attack on a restaurant a 'terrorist act'
Footage released by Russian state media showed heavily armed law-enforcement officers, several ambulances and other emergency vehicles at the site
Bhatti calls upon Telugu NRIs to invest in Tgana
Bangladesh court grants bail to jailed Hindu rights leader; release from prison unlikely
Mr. Das is a Hindu monk whose arrest in November 2024 on sedition charges for allegedly disrespecting the national flag sparked protests and communal tensions in Bangladesh
NRIs Urged to Partner in Promoting Telangana Tourism
He called upon Non-Resident Indians (NRIs) to partner in promoting tourism by introducing the states destinations to their friends and colleagues abroad.
Seven killed in suicide bombing during peace rally in Pakistan's Khyber Pakhtunkhwa
Seven killed in suicide bombing during peace rally in Pakistan's Khyber Pakhtunkhwa More to follow...
Telangana Congress seeks NRI support at ATA Convention for Rahul Gandhi as PM and Telanganas growth
Telangana committed to addressing NRIs concerns: Jupally
Dunkley, Sciver-Brunt fly as Rockets eclipse Sunrisers
England duo the difference as Sunrisers Leeds handed third defeat in four
Ex-Bangladesh PM Sheikh Hasina to make first public appearance since ouster on August 5
Ex-Bangladesh PM Sheikh Hasina to make first public appearance since ouster on August 5
Rockets survive late fightback to beat Sunrisers
Trent Rockets hold off a late assault from Annabel Sutherland and Lauren Winfield-Hill to beat defending champions Sunrisers Leeds by five runs and extend their winning streak to three matches
Israeli strikes kill nine in Gaza, Israeli Minister says no deal to halt attacks
The Israeli military said that the strikes in Deir al-Balah aimed at two Hamas Nukhba commanders, while strikes in Gaza City and Jabalia targeted military operatives, with the situation still under review
Mountaineer Nirmal Purja's body among five recovered in horror Broad Peak avalanche tragedy
The body of renowned Nirmal Purja was found on Sunday, three days after he and his team were swept away in a horror avalanche on Broad Peak, the mountain located in Pakistan-occupied Kashmir's Gilgit-Baltistan. Purja's...
Planning To Study Abroad In 2026-27? Check Eligibility Requirements For Indian Students
Indian students planning to study abroad in 2026-27 should know the eligibility criteria, required documents, language tests, and visa requirements before applying.
Gajanana Sankashti Chaturthi 2026: Significance, Puja Vidhi, Vrat Rules And Moonrise Time
Gajanana Sankashti Chaturthi is one of the most significant monthly observances dedicated to Lord Ganesha, the remover of obstacles and the harbinger of wisdom and prosperity. Observed on the Krishna Paksha Chaturthi (fourth day of the waning moon), the festival sees
'Iran has never faced a President like Trump': Marco Rubio praises US leader's decisive approach
US Secretary of State Marco Rubio praised President Donald Trump's approach towards Iran, saying the Iranian regime has never encountered an American president who acts with such decisiveness. Speaking in an interview with Fox News, Rubio said the Trump administration had adopted a markedly different strategy towards the Islamic Republic, arguing that Tehran could no longer rely on its traditional tactics to avoid consequences.
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 overall wellbeing.
3 people killed in shooting at Idaho fast food restaurant, gunman among dead
A shooting at an In-N-Out Burger restaurant in Twin Falls, Idaho, on Saturday afternoon left 3 people dead and several others injured, police said. Authorities confirmed that the suspected gunman was also among the dead,...
Trump puts new Iran strikes on hold, claims peace deal framework could end five-month conflict
US President Donald Trump on Saturday claimed that a framework for ending the ongoing conflict with Iran was taking shape and said he would hold off ordering fresh US strikes for now, citing efforts to...
Iran warns US against 'adventurous action', vows decisive response in talks with Pakistan and Turkey
Iran on Saturday warned the United States against any adventurous action, saying that it would respond decisively should American forces launch fresh strikes on Iranian targets, thereby heightening tensions across the Middle East. The warning came...
U.S. Justice Department subpoenas New York Times journalist in North Korea leak probe
Freelancer Matthew Cole was subpoenaed in February by Virginia prosecutors seeking more than two years worth of his notes as well as his testimony, according to the newspaper.
Russia: Bomb-carrying woman among three dead as blast rocks Moscow restaurant, 21 injured
At least three people, including an unidentified woman who was carrying an explosive device, were killed after a bomb detonated at a restaurant in central Moscow, Russian state media reported on Saturday, citing local officials. The explosion occurred at a restaurant on Kudrinskaya Square, injuring at least 21 others, according to Russia's National Anti-Terrorism Committee, as quoted by state news agency RIA Novosti.
In an apparent indication that the ongoing conflict with Iran could go deadlier, US embassies in the Middle East have urged American nationals to leave the region and avoid visiting American military bases, while directing...
HC orders NRI to appear with minor children in contempt filed by wife
NRI Seeks Help As Parents Demand Rs 20 Lakh For Brother's Flat: 'Gave Rs 19 Lakh For His Wedding'
NRI faces family pressure to pay Rs 20 lakh apartment down payment for brother, having already spent Rs 19 lakh on wedding.
Legendary mountaineer Nirmal 'Nimsdai' Purja was killed in an avalanche on Broad Peak, the world's 12th-highest mountain, his adventure company and others confirmed in a post on Instagram on Saturday. Purja and five other climbers had...
Will US, Israel bombard Iran's energy-related targets this week? Here's what report says
The United States and Israel are planning to bombard power plants and energy infrastructures in Iran. As per reports, the operation is expected to be concluded by Monday due to concern of its impact in...
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.
A Reddit post has gone viral after a man working abroad revealed that his parents want him to contribute another Rs 15-20 lakh towards buying an apartment for his elder brother, despite already giving Rs 19 lakh for his brother's wedding and supporting the family financially for years. The post sparked a debate online, with many Reddit users urging him to set financial boundaries and prioritise his own future.
Australia opens Consulate-General in Bengaluru; UNSW launches campus in city
Australia opened its Consulate-General office in Bengaluru on Friday. The new office aims to deepen engagement with Karnataka in key sectors. On the same day, the University of New South Wales Sydney inaugurated its Bengaluru campus. This campus will offer international education and postgraduate programs to students. Karnataka's strong research and industrial base attracts global universities and companies.
Pakistani gangster Uzair Baloch's brother Zubair Baloch shot in Karachi's Lyari; critically injured
Zubair Baloch, the brother of jailed Pakistani gangster Uzair Baloch, was left critically injured after being shot at outside his residence in the Lyari area of Karachi . The incident also left two bystanders injured, who were provided medical assistance.
Why are Moroccans fleeing to Spain? Supreme Court ruling explained amid migrant surge
At least 9 peoplel died as thousands of migrants are crossing into Spain from Morocco in fresh border crisis. In the wake of these developments, Spain will deploy its military to restore order at its border with Morocco in Ceuta after thousands of migrants streamed into the tiny Spanish territory. On Thursday, many shocking footage emerged from Ceuta when thousands of Moroccans swam the sea and arrived at the Spanish enclave in North America. Spanish authorities have now deployed military units to reinforce police stations at Ceuta amid the migration.
World-renowned climber Nirmal Purja among 10 feared missing as avalanche hits Pakistan's Broad Peak
World-famous mountaineer Nirmal Purja among others is feared missing after a massive avalanche hits Broad Peak in Pakistan , CNN reported, citing a statement from the Alpine Club of Pakistan. The Nepal-born high-altitude climber gained global renown in 2019 after scaling all 14 of the world's peaks above 8,000 metres in slightly over six months. In a statement, the Alpine Club confirmed that it has received deeply concerning reports of an avalanche that struck a team of climbers on Broad Peak around noon on Thursday. Rising to an elevation of 8,047 metres, Broad Peak is situated in the Karakoram mountain range.
