NRIs / The Economic Times
NRIs face a complex decision when it comes to choosing between investing in India, driven by emotional ties and growth potential, or in their country of residence, offering stability and familiarity. A balanced, globally diversified portfolio is key, aligning with personal goals and mitigating risks like currency depreciation. Strategic planning, compliance, and professional advice are crucial for long-term wealth creation and preservation.
Following the IndusInd situation, the RBI is scrutinizing special Japanese yen (JPY) deposits, which offered high returns to NRIs. Banks attracted deposits by selling JPY forward, but the RBI is now urging them to align rates with the market. Yes Bank has already significantly lowered its JPY deposit rates, signaling a shift in strategy.
Coca-Cola anticipates more Indian brands will achieve billion-dollar status, adding to its existing portfolio of ThumsUp, Maaza, and Sprite. The company currently boasts 30 billion-dollar brands globally and aims to leverage its Indian market experience in other regions. Despite high taxes on carbonated drinks in India, Coca-Cola remains optimistic about sustained demand and future growth in the developing beverage market.
The New Income Tax Bill, 2025 introduces a 'forex fluctuation benefit' that allows NRIs (excluding FIIs) to potentially pay lower long-term capital gains tax on unlisted equity shares. This provision addresses the issue of NRIs being taxed on artificially inflated income due to rupee depreciation. Read more to know how this helps.
Iran is considering pausing uranium enrichment. This is possible if the United States releases frozen Iranian funds. Recognition of Tehran's right to refine uranium for civilian use is also needed. This could happen under a political deal. The deal might lead to a broader nuclear agreement. Sources close to the negotiating team revealed this information.
Iran has stated it will not consider temporarily halting uranium enrichment to secure a nuclear agreement with the United States. A foreign ministry spokesperson announced this on Monday. No date has been set for the sixth round of talks with Washington. Iran dismissed media reports of a possible interim nuclear deal. Donald Trump mentioned that U.S.
The Amul Girl turns fifty
An upcoming US bill imposes a 3.5% tax on remittances sent by non-citizens, impacting Indians who are a significant portion of the US immigrant population. This tax, aimed at protecting US dollar outflow, may affect investments and corporate mobility programs. Experts suggest it could discourage remittances to India and prompt increased US investments.
Nripendra Misra, chairman of the Ram temple construction committee, considers building the Ayodhya shrine his most special assignment, feeling divinely ordained for the role. The former IAS officer oversaw the temple's first phase completion and the Ram Lalla consecration. Misra dismisses political motives behind the temple, emphasizing the Supreme Court's order after a 500-year struggle.
The Hunger Games prequel: Lionsgate has announced key cast additions to The Hunger Games: Sunrise on the Reaping, set for release on 20 November 2026. Kieran Culkin will portray Caesar Flickerman, while Elle Fanning joins as a younger Effie Trinket. Directed by franchise regular Francis Lawrence, the film is based on Suzanne Collins prequel novel and set 24 years before the original series. This prequel follows the 50th Hunger Games and introduces a younger Haymitch Abernathy, played by Joseph Z
Iran's top diplomat, Abbas Araghchi, asserted that uranium enrichment will persist, regardless of any agreement with the U.S., highlighting a key point of contention in ongoing negotiations. This declaration follows multiple rounds of talks aimed at curbing Iran's nuclear program in exchange for sanctions relief.
Adam Henrique, once seen as a bottom-six role player, delivered a stunning two-goal first period to help the Edmonton Oilers take a commanding 3-1 series lead over the Vegas Golden Knights. In a brutally physical playoff clash, Stuart Skinner earned a shutout while Edmonton suffocated Vegas offense to the brink of elimination
Iran defended its right to enrich uranium, citing its NPT membership, amidst Western concerns about potential nuclear weapons development. Talks with the US have been delayed, while the US Secretary of State urged Iran to cease enrichment and allow inspections. Tensions remain high as Iran enriches uranium to 60-percent purity, sparking concerns from Western powers and calls for sanctions.
U.S. Secretary of State Marco Rubio demanded Iran halt uranium enrichment, missile development, and support for terrorist groups, also insisting on American inspections of Iranian facilities. These demands highlight significant disagreements in nuclear talks, leading to postponement of a scheduled meeting. Iran insists on its right to uranium enrichment under the NPT, rejecting nuclear weapon ambitions and external pressure.
The Trump administration has launched an investigation into Harvard University and the Harvard Law Review following allegations of race-based discrimination at the legal journal. This development follows ongoing tensions between the administration and Harvard, particularly regarding the universitys diversity, equity, and inclusion (DEI) programs and its policies on screening international students for ideological concerns. Harvard previously filed a lawsuit against the administration after it su
Chennai Super Kings (CSK) will face Sunrisers Hyderabad (SRH) in a key IPL 2025 match at MA Chidambaram Stadium on Friday, April 25 at 7:30 PM. Both teams have four points from eight matches and need a win to remain in contention for the playoffs.
Joseph Zada and Whitney Peak have been cast as young Haymitch Abernathy and Lenore Dove Baird in Lionsgate's The Hunger Games: Sunrise on the Reaping, a prequel exploring the 50th Hunger Games. The casting of these sought-after roles has generated excitement, with producers praising Zada and Peak's talent in bringing these iconic characters' origins to life. The film is slated for a November 2026 release
Marco Rubio says Iran must end all nuclear enrichment for a deal with the Trump administration. Talks are ongoing to prevent armed conflict. Iran insists its program is for energy, not weapons. Trump seeks a tougher agreement, but Iran wants sanctions eased. Military action could trigger a broader conflict. The IAEA will verify any deal.
Rohit Sharma's brilliant 70 propelled Mumbai Indians to a dominant seven-wicket victory over Sunrisers Hyderabad. After restricting SRH to a paltry 143/8, MI chased down the target with ease, thanks to Sharma's knock and Suryakumar Yadav's quickfire 40. Heinrich Klaasen's 71 was the lone bright spot for SRH, who suffered a top-order collapse.
President Trump asserted that immigrants without permanent legal status shouldn't have trials, advocating for deportation without judicial review. He falsely claimed other countries emptied prisons into the U.S., necessitating bypassing due process.
India aims to significantly boost its manufacturing sector's contribution to GDP from 12% to 23% in the next two decades, prioritizing job creation and economic expansion. The focus is on 14 sunrise sectors, including semiconductors and renewable energy, supported by production-linked incentives. This strategic shift seeks to absorb a youthful workforce, reduce import dependence, and establish competitive global supply chains.
In a bizarre IPL match, Sunrisers Hyderabad's Zeeshan Ansari was denied a wicket due to wicketkeeper Heinrich Klaasen's gloves being marginally in front of the stumps, resulting in a no-ball. This incident allowed Mumbai Indians' Ryan Rickelton to continue batting, eventually contributing to their four-wicket victory. The no-ball occurred a day after Mitchell Starc's back-foot no-ball in another match.
IPL 2025 SRH vs PBKS playing 11: Sunrisers Hyderabad, desperate to break their four-match losing streak, face a strong Punjab Kings side. SRH's top order needs to fire, while their bowlers must find their rhythm. PBKS, riding high with three wins, will rely on their in-form top order and potent pace attack to continue their winning momentum, despite concerns over Maxwell and Stoinis' form.
US House Democrats are scrutinizing Elon Musk's relationship with NASA, alleging potential conflicts of interest due to his dual roles as SpaceX CEO and head of DOGE. In a letter to NASA Chief Legal Officer Iris Lan, House Democrats have requested documents to ascertain whether Musk has leveraged his influence for personal enrichment through government contracts.
The Ram temple in Ayodhya is set to unveil a 'Ram Darbar' on June 6, following the installation of idols on May 23. While a religious ceremony will accompany the installation, it will not be a consecration, as that already occurred in January 2024.
Netflix has released the trailer for Moonrise, a new anime series based on a novel by Tou Ubukata. The story follows a future where Earth and the Moon are in conflict due to social inequality. The series will stream on Netflix from April 10, 2025.
New on Netflix this week: The OTT giant is set to introduce a range of new titles for its subscribers. Heres a list of new shows and films you can watch, from Frozen Hot Boys to Black Mirror season 7.
Bengaluru's real estate market is under scrutiny as property prices surge. With the growing demand, increasing construction costs, and limited supply, homeownership is becoming increasingly out of reach for many. Rising property prices, particularly in the outer parts of the city, have sparked debates among buyers, especially Non-Resident Indians (NRIs). Should you invest now, or wait for the market to correct itself?
A parliamentary panel advocates for granting voting rights to NRIs through proxy or electronic ballot systems. Chaired by Shashi Tharoor, the panel urges the Ministry of External Affairs to expedite the issue with the Law Ministry. Implementing NRI voting would require amending the Representation of the People Act, 1950, and consulting political parties.
Solar Eclipse 2025: Partial eclipse with stunning double sunrise effect- Partial solar eclipse on March 29, 2025, will offer a breathtaking view across northeastern North America, Greenland, Iceland, and parts of Europe and Russia. The event, lasting nearly four hours, will showcase a double sunrise effect in regions like Quebec and Maine. Akulivik, Quebec, will experience 93.8% sun coverage. Since the sun is never fully blocked, eclipse glasses are necessary for safe viewing. This is the only s
As the Double Sunrise approaches, skywatchers are advised to prepare for a fleeting yet unforgettable encounter with one of natures rarest displays.
Nripendra Mishra, Chairman of the Construction Committee of Shri Ram Janmabhoomi Teerth Kshetra, reviewed the progress of the Ram temple and confirmed its completion by 2025. The temple will be open to devotees by April 2024, and the Pran Pratishta ceremony was performed by PM Modi in January 2024.
IPL 2025 SRH vs RR Head to Head Record, Playing 11: Sunrisers Hyderabad, with a strong batting lineup and experienced bowlers, are favorites for their IPL opener against Rajasthan Royals. Featuring explosive players like Travis Head and Abhishek Sharma, SRH could post a massive total. RR, missing skipper Sanju Samson, face a challenge with a weakened batting lineup. SRH leads the head-to-head with 11 wins over RR's 9. Match starts at 3:30 pm IST.
Sunrisers Hyderabad are equipped with a strong squad featuring explosive batsmen and experienced bowlers. They are favourites for their opening IPL match against Rajasthan Royals on Sunday. The Sunrisers have players like Travis Head, Abhishek Sharma, and Ishan Kishan, while Rajasthan Royals will miss their regular captain Sanju Samson. The match starts at 3:30pm IST.
Prime Minister Modi highlighted the significant contributions of the Indian diaspora in the US. An RBI analysis shows India's remittances have surged, with advanced economies like the US and UK surpassing Gulf economies. Indian migrants in white-collar jobs are now a major source of remittances, boosting India's financial stability. NRIs are increasingly investing back in India, driven by economic growth.
Sunrisers Hyderabad (SRH) IPL 2025: Sunrisers Hyderabad (SRH) aim to leverage a blend of experienced international players and young talent for the 2025 IPL season. Key players include Travis Head, Abhishek Sharma, Pat Cummins, Mohammed Shami, and Heinrich Klaasen, whose combined skills could make SRH strong contenders for the title.
Sunrisers Hyderabad (SRH): As the 2025 IPL season approaches, Sunrisers Hyderabad, led by captain Pat Cummins and coached by Daniel Vettori, aim to surpass their runner-up finish in 2024. The team, known for its blend of young and experienced talent, is eager to compete for their second IPL title. With a strong squad and strategic leadership, SRH is poised for success.
IPL 2025 SRH Squad: Sunrisers Hyderabad has signed South African all-rounder Wiaan Mulder for 75 lakh as a replacement for injured Brydon Carse. SRH aims to build on its strong IPL 2024 performance where they were runners-up and will kick off their IPL 2025 campaign against Rajasthan Royals.
Champions Trophy 2025 SA vs ENG Playing 11: South Africa's semifinal hopes in the ICC Champions Trophy 2025 have been prolonged after Australia's match against Afghanistan got washed out. England, already out, will aim to wrap their campaign positively. Heinrich Klaasen's return could bolster South Africa, while Mark Wood likely sits out for England.
Drug lord Rafael Caro Quintero, the alleged killer of Drug Enforcement Administration (DEA) agent Enrique Camarena in 1985, has been extradited to the US from Mexico, nearly four decades after the incident. Quintero is said to have murdered Camarena following a 1984 raid on his 2,500-acre marijuana farm by the Mexican authorities.
Congress president Mallikarjun Kharge criticizes Prime Minister Narendra Modi's economic policies, claiming they have left 100 crore Indians with no extra income and benefited only select billionaires. He argues the budget announcements have failed, resulting in stagnant wages and high unemployment, exacerbating income inequality and causing household savings to plunge to a 50-year low.
Pilgrims continuously flock to the Triveni Sangam for the Maha Kumbh Mela in Prayagraj, with spiritual bathing occurring both day and night. Massive crowds, comprising people from various regions and backgrounds, gather at the sacred site. The festival, which concludes with Mahashivratri, attracts millions, creating a bustling and vibrant atmosphere throughout the event.
NRI bank account inflows rose by 42.8% to $13.33 billion between April and December 2024, compared to the previous year. FCNR(B) deposits saw the highest growth, almost doubling to $6.46 billion. NRE and NRO deposits also grew, reaching $99.56 billion and $30.04 billion, respectively. The RBI raised interest rate ceilings to attract more inflows.
The Sunrisers Hyderabad (SRH), led by Pat Cummins, are set to begin their IPL 2025 campaign on March 23 against Rajasthan Royals. With a strong squad lineup, including players like Mohammad Shami and Ishan Kishan, SRH aims to secure the trophy after narrowly missing it last season. The team will play 14 league matches, 7 at home in Hyderabad.