US debt crosses $40 trillion, global markets on edge
The United States' public debt has crossed $40 trillion for the first time, with the fiscal deficit reaching $432 billion in July, the highest monthly figure since March 2021 and a record…
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India home sales dip 6% in top eight cities in Q2 2026
Housing sales across India's top eight cities fell 6.1% year-on-year to 91,729 units in the second quarter of 2026, according to data from a real estate consultancy. Prices remained elevated at over…
NRI money to parents: missing documents can trigger tax notice
Non-resident Indians sending money to parents in India risk income tax scrutiny if transfers lack proper documentation. A US-based NRI faced a six-year battle after an Rs 11 lakh transfer to his…
Parliamentary panel renews push for ‘nano’ business category
A Rajya Sabha Standing Committee on Industry has renewed its push for a separate 'nano' category for India's smallest businesses, rejecting the MSME ministry's concerns that such a classification would complicate administration…
NRIs face tax hurdles on property repurchase, experts warn
NRIs looking to buy back their own Indian property face tax implications, industry experts have warned. Gulf News reports that under current rules, an NRI who sells a property and later repurchases…
RBI forex swap facility mobilises $72.85 billion inflows
The Reserve Bank of India's special USD-INR forex swap facility has mobilised $72.85 billion in foreign-currency inflows as of August 21, 2026, with FCNR(B) deposits accounting for $65.4 billion of the total.…
HSBC reopens three international mutual funds for fresh investments
HSBC Mutual Fund has reopened three international schemes for fresh systematic investment plans and lump-sum investments from 18 August, with a monthly limit of Rs. 2 lakh. The funds are HSBC Global…
RBI sharpens rupee strategy as Commerzbank flags recalibration
The Reserve Bank of India has adjusted its approach to managing foreign currency inflows, according to a research note from Commerzbank, and separately was observed intervening in the forex market on Monday,…
RBI swap window draws $72.85 billion in forex inflows
The Reserve Bank of India's special forex swap facility has attracted total foreign currency inflows of $72.85 billion as of August 21, with FCNR(B) deposits alone contributing $65.4 billion, according to RBI…
Rural women shift microcredit to business growth
Rural women in India are increasingly using microfinance loans for business purposes such as retail, food processing, tailoring, livestock and agri-allied activities, according to DJT Microfinance COO Avinash Kumar. He told Business…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.