Joint FCNR (B) accounts for NRIs: Eligibility, mode of operations and key rules explained
NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.
Romania destroys drone near offshore gas project, blames Russia
In the latest incident, the drone that was destroyed was loaded with explosives and did not originate from Ukraine, Defence Minister Radu Miruta said on Facebook
Can NRIs open joint FCNR (B) accounts with resident Indian relatives? Know what the latest rules say
Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'Former or Survivor' arrangement for the NRI. Eligible resident relatives include immediate family members and their spouses. The money for these accounts should be sourced from international transfers or existing Indian accounts. Both the principal amount and accrued interest are exempt from taxes and fully repatriable.
BNP candidate Mirza Fakhrul Islam Alamgir elected as new President of Bangladesh: Who is he?
Bangladesh has elected Bangladesh Nationalist Party (BNP) veteran Mirza Fakhrul Islam Alamgir as its 23rd President on Thursday. Alamgir secured 255 votes in the presidential election held at the Jatiya Sangsad ( Bangladesh's Parliament), defeating Oli Ahmed, who received 88 votes.A total of 343 lawmakers participated in the election, which was conducted between 2 pm and 5 pm local time under the supervision of Chief Election Commissioner ASM Nasir Uddin. The Chief Election Commissioner subsequently announced the results and formally declared Alamgir the country's new President.The election was notable because it was the first Bangladeshi presidential poll in 35 years to feature more than one candidate. Previous presidential elections had generally seen opposition parties refrain from nominating candidates, resulting in single-candidate contests.
Mumbai: Ex-bank manager held for stealing Rs 81.80 lakh gold from NRI's locker
Mumbai's Kandivali Police arrested a former bank deputy manager for allegedly stealing 610 grams of gold jewellery worth Rs 81.80 lakh from an NRI senior citizen's locker. Police cracked the case in four days and recovered the entire stolen property
Russia hit Ukraine with dozens of missiles, 168 drones in overnight attack, Ukrainian air force says
The Kyiv region was the main target of the attack, the air force said on Telegram
Pakistan to honour two Indian doctors: What is Nishan-e-Imtiaz?
Nishan-e-Imtiaz or the Order of Excellence is Pakistans highest civilian honour, which will be conferred upon two doctors of Mumbais Parsi community
Indian national dies in Israel; suspect arrested
US President Donald Trump has said he would be meeting North Korea's Supreme Leader Kim Jong Un later this year in an apparent move aimed at defusing the tensions between Washington and Pyongyang.
Erratic Trump left with few exits in Iran war | Data
Increased war costs and depleting critical munitions indicate that the U.S. is caught in a bind in the ongoing Iran-Israel-U.S. conflict
Ayodhya Ram Temple Complex Construction to Be Completed by September 30, Says Nripendra Mishra
Mumbai, August 20: Nripendra Mishra, the chairman of the Ram Temple Construction Committee, visited Ayodhya today. He is set to meet with representatives from various agencies involved in the construction work. Mishra announced that the construction of the Ram Temple complex will be completed by September 30. He further stated that employees from Larsen & ... Read more Ayodhya Ram Temple Complex Construction to Be Completed by September 30, Says Nripendra Mishra
Prince Harry, Meghan Markle moving back to UK, resuming Royal roles on cards? What we know so far
Prince Harry and Meghan Markle are reportedly planning to move back to the UK nearly six years after stepping down as senior working members of the British royal family and relocating to California with their...
The US national debt has surpassed a record USD 40 trillion, marking an unprecedented milestone driven by rising defence spending, major social programmes such as Social Security and Medicare, and mounting interest payments on the federal deficit.
Pakistan summons US envoy over Sergio Gor's 'J-K important part of India' remark in Srinagar
Pakistan on Wednesday (August 19) summoned US Charg dAffaires Natalie Baker and lodged a 'strong demarche' after US Ambassador to India Sergio Gor described Jammu and Kashmir as an 'important part of India' during his visit to Srinagar.
UK: Indian-origin couple killed after light aircraft crashes in remote Wales area
An Indian-origin couple in their 50s were killed on the spot after the light aircraft they were travelling in crashed at a remote location in northern Wales, according to the police.The deceased have been identified...
Ram temple construction complete, only trust logo to be installed: Nripendra Mishra
The construction of the Ayodhya Ram temple is nearly finished, with just the installation of the trust's logo at the top of the Purn Smriti Stambh pending. This last detail is expected to be completed shortly. Additionally, upcoming meetings will focus on the development and operations of the Ram Katha Sangrahalaya, with prepared scripts for museum galleries set to be transformed into video presentations.
Einride is buying 500 Tesla Semis, and Amazon owns a piece of the buyer
Einride is buying 500 Tesla Semis, and Amazon quietly owns a slice of the company that will run them. The Swedish electric-trucking firm said on Tuesday it will deploy the 500 electric big rigs for Amazon and other customers. It called the order the largest Tesla Semi deployment in the world to date. Einride announced [] This story continues at The Next Web
Enrich, Namiri and Rosario impress
SEBI to let NRIs complete investment KYC digitally from abroad
The Securities and Exchange Board of India (SEBI) is looking to simplify the process of investing in Indian financial markets for Non-Resident Indians (NRIs).
Pakistan govt challenges top court order to shift jailed former PM Imran Khan to private hospital
The Pakistani government on Wednesday (August 19) challenged the Supreme Court order to shift jailed former Prime Minister Imran Khan to a private hospital of his choice for medical treatment. The office of the chief commissioner in Islamabad filed a review petition, seeking a review or withdrawal ofthe order.
Pakistan government to challenge court on moving Imran Khan to private hospital
The ruling does not fall within the four corners of the law, Law Minister Azam Nazeer Tarar said in a video statement shared on X by State broadcaster Radio Pakistan.
Finally, some great news: Zerodha's Nithin Kamath welcomes Sebi's NRI investment push
Finally some great news Zerodhas Nithin Kamath welcomes Sebis NRI investment push
Former Fauci adviser pleads guilty in U.S. to conspiring to conceal COVID-19 records
David Morens, who had worked under Mr. Fauci as a senior official at the NIAID during the pandemic, entered his plea to a conspiracy charge during his hearing
Liberia agrees to take 1,200 deportees from U.S.
The deportees will be received within a year, with the first batch of 20 expected on August 20, 2026, Liberia's Information Minister Jerolinmek Piah
Sacked Ukraine Defence Minister urges path to elections
Ukraines popular ex-Defence Minister Mykhailo Fedorov said Ukraine must find a legal, safe, and realistic mechanism that will allow Ukraine to restore a full democratic process even amidst a prolonged war
Regional ripples growing? UAE suspends all trade, finance deals with Iran after missile attack
The United Arab Emirates (UAE) announced Wednesday that it had suspended all trade, commercial, and financial dealings with Iran, citing growing regional tensions and security concerns as Abu Dhabiaccused Tehran of firing ballistic missiles around...
West Asia war LIVE: Turkiye rejects Israeli claims after strike on Syria air base
Israel and Syria agreed to a status quo in security matters, which Syria was on the verge of breaching by permitting Turkish troops to deploy at an airbase near Aleppo, said Benjamin Netanyahu
OpenAI unveils ChatGPT for Teens with stronger guardrails, parental controls
The $852-billion startup faces multiple lawsuits alleging ChatGPT harmed children, as it prepares for a potentially record-breaking initial public offering
Tidetrek 11'6x32x6 Inflatable SUP Paddle Board with Accessory Kit (Ocean Sunrise) $99.99
Tidetrek 11'6x32x6 Inflatable SUP Paddle Board with Accessory Kit (Ocean Sunrise) $99.99
Meta trial that could reshape Facebook, Instagram gets underway
Meta founder and CEO Mark Zuckerberg is expected to testify during the multi-week trial, as is Instagram head Adam Mosseri
Jharkhand exam irregularities: CID arrests Abhay Tiwari's wife, brother
Abhay Tiwari, who was posted as a block supply officer in Poriyahat in Godda district, was arrested by the CID on July 22 in connection with the alleged recruitment examination irregularities
UAE warns of 'potential missile threats', asks residents to remain in a safe place
In its first such warning in months, the UAE has alerted residents of a 'potential missile threat' and urged them to remain in safe places. The National Emergency Crisis and Disaster Management Authority (NCEMA) said in a statement on X that the country's air defence systems had detected a missile threat targeting the UAE.
Indian Army chief General Dhiraj Seth on Tuesday met Nepal Prime Minister and Defence Minister Balendra Shah and discussed issues of mutual interest and ways to strengthen military ties between the two neighbours.Indian Ambassador to Nepal Naveen Srivastava was also present at the meeting held at the Office of the Prime Minister and Council of Ministers in Singha Durbar amid unease in ties between the two neighbours.
Can an NRI be the sole trustee of an Indian private trust?
There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries
An NRI in the UK inquired about the tax implications of gifting savings to his father's HUF. HUFs face specific tax rules under the Income Tax Act 2025, treating unconsidered gifts as taxable income, with exceptions for relatives.
Trump posts map labelling Strait of Hormuz 'new US territory' as Iran says waterway to remain shut
US President Donald Trump on Tuesday (August 18) posted an image of a map labelling the Strait of Hormuz as a 'new US territory' amid ongoing tensions with Iran over the strategic waterway. The post comes as Iran continues to restrict navigation through the Strait of Hormuz, a crucial maritime route for global energy shipments.
Ukraine aims a drone blitz at Moscow as Russian missiles kill 10 in a Ukrainian village
Over the past year Ukraine has devised and deployed domestically produced long-range drones for strikes deep inside Russia
Firefighters push to encircle Belgian wildfire
The blaze, charring the vast expanse of boggy peatlands, pine trees and hiking trails, grew over the weekend to half the size of Manhattan, 3,000 hectares
'This Is Huge': Nithin Kamath Lauds SEBI Move To Remove Key Hurdle For NRI Investors
Zerodha co-founder says proposed digital onboarding could cut NRI account-opening time to days
Henrietta Lacks died at 31, but her cells lived on and transformed modern medicine
Pakistan Supreme Court orders ex-PM Imran Khan be moved to hospital from jail
Imran Khans sons repeatedly expressed concern regarding his deteriorating health last year, with his lawyers saying he had lost significant vision in his right eye while in prison.
Imran Khan ordered to be shifted hospital from jail by Pakistan Supreme Court amid health concerns
Pakistan's top court has ordered that the former Prime Minister Imran Khan should be moved to a private hospital amid concerns over his deteriorating health.
NRIs Dubai life insurance payout triggered 40 lakh tax dispute, why ITAT ruled in his favour
An NRI who bought a life insurance policy in Dubai while working there won a 40 lakh tax dispute after the ITAT ruled that the policy was not an undisclosed foreign asset.
Hormuz crossings rise slightly from August 15, remain in single digits, data shows
Some vessels could be passing through the strait with their transponders switched off and they are not considered in the tally.
FCNR deposit: High interest and 19X leverage? Know the hidden risks NRIs must watch out for
Australian education delegation visits Pune to strengthen India partnership
The engagements focused on understanding the evolving aspirations of Indian students, exploring academic collaborations and student pathways, and strengthening institutional ties between Australian and Indian education institutions
Indian-Origin Grandma, Living In US For 27 Years With Green Card, Detained By ICE
Venkata Narsamamba Vasamsetty is being held at an ICE detention facility in Georgia, despite a US judge's May ruling terminating the government's prior deportation case against her.
French Super Cup: Boss Luis Enrique speaks about PSG's loss against Lens
Lens were worthy winners in their first match under new coach Dino Toppmoeller, adding to the French Cup title they won under previous manager Pierre Sage in May
NYC Mayor Mamdani speaks in Bangla, Mandarin and Spanish to promote Broadway
Zohran Mamdanis multilingual command is garnering rave reviews from users on social media
'Don't beg... can be deported'; Pakistan issues strict warning to Hajj Pilgrims in Saudi Arabia
Pakistan has issued a strict advisory to its Hajj pilgrims travelling to Saudi Arabia, warning them against begging, pickpocketing, illegal ways of collecting money. The Pakistani Embassy in Saudi Arabia urged the country's Hajj pilgrims to comply with laws and Saudi visa rules through its AI-generated video shared on social media handle - X.
An Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life insurance policy. The ITAT ruled that foreign insurer policies are not automatically subject to the Black Money Act, especially when premiums originate from non-taxable foreign earnings. This landmark decision offers clarity for NRIs and returning NRIs.
AI-enriched Linux 7.2 delivers cache-aware scheduling - here's everything new
The latest stable kernel also brings filesystem and I/O improvements, and substantial new support across AMD, Intel, Apple, Nvidia, USB4, and laptop hardware.
Drones target office of Iraqi Kurdistan's PM, no casualties reported
There was no immediate claim of responsibility from any group for the attack
Two doctors from Mumbai are set to receive Pakistan's highest civilian honour for a decision they made nearly eight decades ago that was kept away from the public eye. Dr Jal Ratanji Patel and Dr...
'We'll bomb the sh** out of them': Trump threatens Oman over deal with Iran on Hormuz
US President Donald Trump on Monday (August 17) warned Oman against becoming involved in any agreement with Iran over control of the Strait of Hormuz, saying the United States would 'bomb the s*** out of them' if Muscat interferes.
Jenrick says Reform would make long-term benefits claimants clean up high streets
AP-born tech professional wins NRI Achievers Award 2026
After killing hundreds in boat strikes, U.S. military expands campaign on land in Latin America
The Trump administration says it is seeking to extend that lethal campaign to land, pursuing deals that would put U.S. forces on the ground in allied nations across the region
Trump envoy discusses Gaza plan with Netanyahu after rare Hamas meeting
Jared Kushner was joined in the Jerusalem meeting with Mr. Netanyahu by Nickolay Mladenov, Mr. Trumps Board of Peace envoy for Gaza
From kirana to currency: Small towns are scrambling for dollars
Small towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle choices among their residents. Consumers from these areas are increasingly spending on international travel and education. This trend reflects a significant evolution in India's domestic consumption patterns. The financialization and digital adoption in these towns are also growing rapidly.
Birth certificate for NRIs: Why this document matters more than ever
India's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are mandatory for obtaining passports and various services. This alteration especially affects Non-Resident Indians facing challenges with overseas births. Any delayed registrations will now necessitate approval from a judicial authority or magistrate. Thus, maintaining precise birth records is crucial for establishing legal identity.
Issues can be sorted through talks: Envoy hopeful of Bangladesh PM's much sooner visit to India
The envoy's remarks came as uncertainty looms over Rahmans proposed visit to India amid fresh strains in bilateral ties over Dhakas demand for the extradition of Sheikh Hasina
RBI cuts FX swap window short after NRI deposits cross $50 billion
The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from non-resident Indians. Policymakers also considered domestic liquidity effects and fundraising costs. The overseas fundraising supported the rupee, which had reached record lows earlier. These measures have bolstered foreign exchange reserves significantly.
NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides the decision for buying insurance.
Trent Rockets Crowned Womens The Hundred Champions After Dominating Sunrise Leeds
New Delhi, August 17: Trent Rockets have clinched their first Womens The Hundred title. In a commanding final match, they defeated Sunrise Leeds by 8 wickets. Chasing a target of 92 runs set by Sunrise Leeds, Trent Rockets started strong. The opening pair of Sophia Dunkley and Beth Mooney showcased excellent form, combining for a ... Read more Trent Rockets Crowned Womens The Hundred Champions After Dominating Sunrise Leeds
Lakshmi Mittal's steel plant hit in Russian strikes on Zelenskyy's hometown, 2 killed
A Russian missile and drone barrage on Ukraine's Kryvyi Rih, the hometown of President Volodymyr Zelenskyy, has hit the ArcelorMittal steel plant, killing two people and injuring 14 others, according to Ukrainian officials. The attack also damaged key production facilities at one of the country's biggest steelmakers.
Trump orders US military to reduce drills with South Korea, says they send hostile signal
US President Donald Trump has ordered the Pentagon to substantially reduce planned joint military exercises with South Korea, just as the annual drills were set to begin. Trump linked the decision to his relationship with North Korean leader Kim Jong Un and also criticised South Korea for declining to support US efforts to denuclearise Iran.
Moving back to India? US tax rules NRIs should know
From RSUs to retirement accounts, what returning Indians must settle beforeand afterthey land.
Funding higher education: Indian parents vs US NRIs
Except for a small number of government colleges of repute, the demand for good quality colleges far outstrips the supply in India. Higher education remains costly and elitist and with the advent of edupreuners, Indian children often study at universities abroad after paying a steep fee or after taking educational loans.
Ahead of his likely visit to India, Bangladesh on Sunday said it wants New Delhi needs to create a conducive environment for Prime Minister Tarique Rahman's possible visit, local media reported. The statement from Dhaka came amid uncertainties over Tariq Rahman's visit to New Delhi for the BRICS summit on September 12-13. It should be noted that Rahman met Indian High Commissioner Dinesh Trivedi last week , and sought former prime minister Sheikh Hasina's extradition to Bangladesh. But there was no clarity on whether he would visit New Delhi.
Iran claims three pilots captured by Qatar after downing jets; Doha calls it 'misleading'
As the conflict in the Middle East continues, Iran has alleged that three of its pilot are being held by Qatar after being captured following their ejection from their aircraft, a claim that was immediately rejected by Doha.
Iran strikes Hormuz deal with Oman, hits back at Trump over threat to make Strait a US territory
Iran and Oman have struck deal over a safe route for vessels transiting through the critical Strait of Hormuz, as the former's conflict with the United States (US) continues to drag on. The development follows after President Donald Trump said Washington will declare the Hormuz a US territory.
FSSAI makes U-turn, revokes order against Enrica products
EU asylum applications drop 22% in May 2026, Venezuelans lead first-time applicants
First-time asylum applications in the EU saw a notable decrease in May 2026. Venezuelans, Afghans, and Bangladeshis formed the largest groups of new applicants. Italy, Spain, France, and Germany received the majority of these first-time applications. Unaccompanied minors also applied for asylum, with Germany receiving the most cases. Overall, asylum applications in the European Union continued their downward trend.
SEBI's big decision, NRIs living abroad will be able to do digital KYC without coming to India
SEBI Digital KYC: SEBI has proposed simplifying digital KYC for NRIs, OCIs, and foreign citizens living abroad. Learn what changes will occur and who will benefit.Digital KYC will be done from abroad only!SEBI Digital KYC: Investing in the Indian stock market may now become easier for Indians...
Another strong earthquake hits Indonesias Northern Sumatra hours after 7.7 tremor
Another strong earthquake of 6.8-magnitude hit Indonesia's northern Sumatra hours after a powerful 7.7-magnitude earthquake struck off eastern Indonesia early on Saturday, according to the German Research Centre for Geosciences (GFZ).The early morning quake of 7.7 magnitude left at least 38 people dead, with authorities fearing that the count could rise.
Indian-American CEO who sacked 900 over Zoom gets fired himself
Indian-American entrepreneur Vishal Garg has been ousted as Better Home & Finance CEO. The company cited concerns about his judgment and credibility after significant losses. Garg's removal follows his controversial 2021 mass layoff of 900 employees. He is now seeking to regain his position and is offering to work for one dollar annually. Better's market value has significantly decreased since its pandemic-era peak.
Bangladesh Prime Minister Tarique Rahman is likely to visit India between August 20 and 25, with actual dates for his India tour being discussed between Dhaka and New Delhi, reported The Daily Star quoting sources. The development follows after Indian High Commissioner to Bangladesh Dinesh Trivedi met PM Narendra Modi on August 11. Both sides have been interested in a bilateral visit, but the schedule was an issue. After weighing various schedules, the top officials of both countries have come close to a schedule between August 20 and 25, The Daily Star reported quoting a top diplomatic source in New Delhi.
An Indian NRI has shared his financial journey on social media, detailing how his career progressed from a Rs 10 lakh annual salary to a net worth of around Rs 7.5 crore at 37. After moving to the Middle East, he said he accumulated substantial savings, cleared a home loan and bought two additional properties, taking his total Mumbai homes to three.
Telangana NRI Panel, MLAs to Study Labour Practices in Philippines
The team will hold discussions with experts working in the field and officials of the Indian Embassy in Manila.
Telangana worker dies in Saudi Arabia, NRI offers Rs 40,000 aid
Hyderabad: An Non-Resident Indian (NRI) entrepreneur has provided Rs 40,000 to support the family of a Telangana worker who died in a road accident in Saudi Arabia, helping them meet expenses to file a compensation case in a Saudi court. Gurram Mahesh, a toddy tapper from Anantharam village in Jagtial Rural Mandal of Jagtial district, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
