Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest rates to support ...

Will the Minister of FINANCE be pleased to state: (a) whether the Government has amended the FEMA regulations to allow the settlement of cases of foreign exchange violations while paying a penalty of ...

Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...

The Texas A&M baseball team is picked to win the SEC in the league's preseason coaches poll. Six Aggies earned preseason ...

Virmani said the RBI's stated policy is that it does not target a specific exchange rate but intervenes in the market to ...

However, if the foreign entity intends to set up a business for a specific purpose or for a defined period to undertake operations, it may opt to establish a project office. With the rise of startups ...

The finance ministry and RBI are collaborating to simplify foreign exchange rules, particularly for non-debt instruments, to ...

India must address regulatory challenges to boost e-commerce exports, optimize costs, and clarify roles for growth.

The central bank said it will hold open market operations for up to Rs600bn (US$6.93bn) in three tranches of Rs200bn each on January 30, February 13 and February 20 ...

According to Revenue Minister Krishna Byre Gowda, RBI guidelines set Rs 2 lakh as the limit for loans given out by ...

The RBI has issued new guidelines allowing foreign-owned or controlled companies in India to buy and swap shares with local ...

An FOCC is defined as a company where foreign ownership exceeds 50 percent, or where foreign entities exert control through management rights or board representation.