Non-Resident Indian (NRI) deposits have seen a significant surge, with inflows reaching $12 billion in April-October FY25, almost double the amount deposited during the same period last year ¹. This growth is attributed to the three main NRI deposit schemes: Foreign Currency Non-Resident (FCNR) deposits, Non-Resident External (NRE) deposits, and Non-Resident Ordinary (NRO) deposits.  

Former Indian Prime Minister Manmohan Singh passed away on Thursday at the age of 92. Singh was admitted to the All India Institute of Medical Sciences (AIIMS) in New Delhi after his health deteriorated, and despite efforts to revive him, he was declared dead at 9:51 p.m.   Singh served as India's 14th Prime Minister from 2004 to 2014 and was a renowned economist who played a pivotal role i

In a heartwarming Christmas gesture, cricket icon MS Dhoni delighted fans by dressing up as Santa Claus. The festive moment, captured and shared by his wife, Sakshi Singh, on Instagram, touched hearts around the world. The photos show Dhoni with his daughter Ziva and wife Sakshi standing by a beautifully adorned Christmas tree, radiating warmth and holiday cheer. The family’s joyful celebration and festive spirit were evident, and the post quickly became a viral sensation. Fan

In a globalized world, transferring money internationally has become a necessity, whether you’re supporting family, paying for services, or managing student expenses abroad. Let’s explore the most affordable and reliable methods to send money internationally. Cost-Effective Ways to Send Money Abroad 1. Peer-to-Peer Payment Platforms Peer-to-peer (P2P) platforms like PayPal, Venmo, and Wise connect senders and receivers

India’s startup ecosystem has become a powerhouse of innovation, shaping industries and driving transformative change across various sectors. With entrepreneurship deeply rooted in India’s economy and culture, the tech industry alone is expected to grow by 3.8% in FY24, surpassing $250 billion, according to NASSCOM. From Artificial Intelligence to quick commerce, startups are not just capturing investors’ interest but also laying the groundwork for groundbreaking a

On Sunday, ace Indian badminton player PV Sindhu married her fiancé, Venkata Datta Sai, in a beautiful traditional ceremony in Udaipur. The couple exchanged vows in the presence of their families and close friends. Sindhu looked stunning in a traditional wedding attire, while the event was also attended by Jodhpur's Culture and Tourism Minister Gajendra Singh Shekhawat, who shared the first wedding picture on social media. Sindhu, who had been engaged to Venkata Datta Sai

Top Side Hustle Trends for 2025: Opportunities for Growth As we step into 2025, the side hustle landscape continues to evolve, shaped by technological advances, changing consumer behavior, and lessons from recent years. With nearly 70% of Americans now engaged in side hustles (according to DollarSprout’s 2024 Side Hustle Study), the gig economy is becoming integral to financial strategies. Here a

6 Financially Smart Ways to Start 2025 As 2025 approaches, it's the perfect time to reassess your financial situation and make adjustments to help you achieve your goals. A little planning now can set the stage for a successful year. Here are six detailed steps to guide you: Revisit Your Budget: Start by thoroughly reviewing your current budget. Take stock of your income sources and all expenses, including fixed c

For many, a cup of tea is an essential part of the morning routine, offering comfort and warmth. But concerns about the caffeine in tea and its potential health risks have led some to wonder if even a single cup can be harmful. According to the Indian Council of Medical Research (ICMR), both tea and coffee contain caffeine, which can lead to dependency if consumed in excess. The recommended daily caffeine limit is 300 milligrams, which equates to about two cups of tea. Drinking one

In India, a growing number of people are turning to matrimonial detectives to investigate the background of their prospective spouses, particularly in love marriages. Bhavna Paliwal, the founder of Tejas Detective Agency, has been running this business for over 20 years and finds that her services are in higher demand than ever. While arranged marriages, where families play a central role, remain highly popular, many young people are opting for love marriages, prompting some families to hire

SEBI Bars YouTuber Ravindra Balu Bharti and Associates from Securities Market Until 2025 The Securities and Exchange Board of India (SEBI) has barred YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute Pvt Ltd, from accessing the securities market until 4 April 2025. SEBI has also ordered them to disgorge ₹9.50 crore, along with 6% simple annual interest, for unlawful gains earn

In a swift move following Chrystia Freeland’s resignation as Canada’s Finance Minister, Prime Minister Justin Trudeau appointed long-time ally Dominic LeBlanc to the pivotal role. The 57-year-old LeBlanc, who previously served as Public Safety Minister, now faces the daunting task of managing Canada’s finances amidst a growing Can$62 billion deficit—far exceeding initial projections. The Canadian economy is also grappling with various challenges, including the looming

The Gauhati High Court has directed the Assam government to respond to a petition challenging the legality of the Assam Compulsory Registration of Muslim Marriages and Divorces Act, 2024. The petition, filed by the All Assam Muslim Marriages and Divorces Registrar and Kazi Association, contests the newly enacted law, which replaces the Assam Moslem Marriages and Divorces Registration Act, 1935. The court has given the state government four weeks to respond and has stated that the issue of int

PV Sindhu, the renowned double Olympic medallist badminton player, is all set to marry Venkata Datta Sai, an executive director at Posidex Technologies, on December 22, 2024, in Udaipur. The announcement comes just days after Sindhu clinched the Syed Modi International title, marking the end of her long trophy drought. Wedding events will commence on December 20, with a reception planned in Hyderabad on December 24. Sindhu’s father, PV Ramana, explained that the fami

RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.

The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re

The Andhra Pradesh Finance Minister, Payyavula Keshav, presented a Budget of Rs 2,94,427 crore for the financial year 2024-25, marking a 5.40% increase from the previous year. The budget allocation includes Rs 2,35,916 crore for revenue expenditure and Rs 32,712 crore for capital expenditure. The estimated revenue deficit is around Rs 34,743 crore, with a fiscal deficit of approximately Rs 68,742 crore, accounting for 4.19% and 2.12% of the Gross State Domestic Product (GSDP) respectively.

Fruits are a staple in our diet year-round, offering a refreshing mix of flavors, vitamins, and nutrients. However, did you know that the way you pair fruits with other foods can significantly affect your digestion and nutrient absorption? Ayurvedic health coach Dimple Jangda sheds light on common mistakes people make when consuming fruits, and how to unlock their full nutritional potential. Why You Should Avoid Mixing Fruits with Proteins and Carbs: Whi

Jana Sena Party president and Andhra Pradesh deputy chief minister Pawan Kalyan recently launched a scathing attack on his cabinet colleague, home minister Vangalapudi Anitha, over the functioning of the police department. This move has sparked debate among analysts, who believe that Kalyan may have overstepped his boundaries as an alliance partner. While Kalyan's concerns about the breakdown of law and order and atrocities against women are valid, some analysts argue that he should have

In a concerning escalation of violence, two migrant workers from Uttar Pradesh were shot at today in Budgam, Jammu and Kashmir. The police confirmed that both victims, identified as Usman Malik, 20, and Sofiyan, 25, were transported to a local hospital where they were reported to be out of danger. This incident marks the fourth attack on migrant workers in the Kashmir valley in just two weeks, highlighting a troubling trend of violence against laborers in the region. The most lethal