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FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across institutions, so it’s essential to consult individual bank policies before considering any withdrawals.
Raymond Lifestyle expects Europe to contribute up to 25% of its exports within two years as the apparel maker reduces reliance on the US amid shifting tariff policies. CEO Satyaki Ghosh said European inquiries have risen after India’s trade deals, while new customers and expanded production capacity are supporting growth.
The rupee opened lower at 95.39 against the US dollar on 11 August due to high oil prices and U.S.-Iran tensions, with RBI interventions supporting it. Market experts highlight financial pressures from rising bond yields and geopolitical issues affecting the currency’s stability.
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty signalled a negative open for the Nifty50. Most Asian markets were trading higher
CEOs and trade group representatives sent letters and called the White House in a bid to delay the release of a white paper marking the first federal effort to define the controversial food category
MCX gold October futures jumped to ₹1,55,124 per 10 grams, while MCX silver September futures rose to ₹2,39,400 per kg in the morning trade.
Global markets: The US equities equities were little changed on Monday, as crude oil extended its rally amid fading hopes of reopening of the Strait of Hormuz
The diplomatic friction comes shortly after high-level bilateral engagements between the two nations
Dhoot Transmission IPO GMP: According to Investorgain, the company shares are available at a premium of ₹250 in the grey market today
Zuckerberg’s letter is the latest entry in the broader genre of manifestos from AI executives laying out their visions for the emerging technology