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MYSTERIOUS: 2 | Mind Blowing Facts

Months away from graduation, Indian student sent back home by CBP after phone check, claims viral post

A social media post shared on an NRI group claimed that an Indian student who was returning to the US after visiting India had to deal with an unfortunate situation which ended with a ticket back home. The post claimed that the Webster University student was to graduate this December.…

The Times of India

Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculation

NRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term capital gains tax treatment. The Bombay High Court and other rulings support the allotment date as the acquisition point. This principle applies even when possession or registration occurs much later. Proper documentation…

The Economic Times

Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rules

NRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian income tax. Non-relative gifts exceeding fifty thousand rupees become taxable income. FEMA rules also govern the transfer of money and assets. Proper documentation is essential for both taxable and exempt gifts.

The Economic Times

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ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep Das

Wealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cross-border investing is increasing for both NRIs and resident Indians. Technology and AI are enhancing personalized client engagement and efficiency. Trust and human judgment remain central to advisory services.

The Economic Times

Why NRIs are re-evaluating health insurance for parents in India

Rising healthcare expenses in India necessitate reassessment of parental health insurance. Many existing policies offer insufficient coverage for current medical realities. Senior citizen plans now provide higher sum insured and tailored benefits for older individuals. Top-up and super top-up plans offer cost-effective ways to enhance protection. Reviewing and upgrading parental…

The Economic Times

NRI Talk| Equities at 45%, gold at 10-12%: Shiv Gupta of Sanctum Wealth's ideal India portfolio for NRIs

Despite recent flat equity returns and rupee depreciation, India's long-term growth story remains robust, according to Sanctum Wealth's Shiv Gupta. He advises NRIs to maintain their India allocation, highlighting financialization and manufacturing as key drivers. Gupta emphasizes understanding India's role within a global portfolio and evaluating returns based on long-term…

The Economic Times

NRI flows into Indian equities dip as compliance rules bite

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertainties and market performance play a role, stringent Know Your Customer (KYC) rules are a major hurdle. Industry insiders believe easing these regulations, particularly through digitisation and e-notarisation, could significantly boost…

The Economic Times

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NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun Birani

NRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. Domestic institutional investment provides a structural buffer against volatility. Experts advise focusing on earnings compounding, financialization, and manufacturing themes, while carefully managing currency risks and tax regulations for optimal portfolio construction and…

The Economic Times

NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investment

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, NRIs can leverage Double Taxation Avoidance Agreements (DTAAs) to potentially lower their tax burden or claim credits in their country of residence, avoiding double taxation.

The Economic Times

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on…

The Economic Times

Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI Guv

The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residing abroad. This move allows them to invest more in the Indian stock market without requiring SEBI registration. The enhanced limits offer greater flexibility for foreign investors looking to participate in…

The Economic Times

Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to do

NRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international numbers and app-based authentication, maintaining an active Indian SIM remains crucial for many transactions. Read the article to know how NRIs can keep their Indian mobile number active, handle OTP issues…

The Economic Times

Valid visa but sent back from Abu Dhabi preclearance: Hyderabad H-1B holder shares 'unexpected' experience on way to US

An Indian H-1B visa holder shared a 'stressful and unexpected' experience where the person was sent back to India from Abu Dhabi preclearance despite having a valid visa. Going by the account shared on an NRI social media group, the person faced no immigration hiccups at Hyderabad, where all documents…

The Times of India

AIADMK seeks answers from DMK on steps taken against drug menace

AIADMK demands answers from DMK on tackling drug menace in Tamil Nadu, questions NRI wing appointment.

The Hindu

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The Hindu

DMK sacks Jaffer Sadiq amid reports of his ‘links’ with drug cartel

DMK sacks NRI wing leader over alleged drug cartel links; Tamil film producer absconding, BJP demands action.

The Hindu

‘Dravidian Movement facing slander from not only Sangh Parivar but also those claiming to speak for Tamil identity’

Minister for Sports Development and Youth Welfare Udhayanidhi Stalin said that the Dravidian Movement was being slandered not only by supporters of the Sangh Parivar but also by those who claim to speak for Tamil identity.

The Hindu

Shopping hubs in Bengaluru come alive ahead of Christmas and New Year

Experience the bustling shopping streets of Bengaluru this festive season with discounts up to 50% & NRI customers contributing to the atmosphere.

The Hindu

Stakes run high in A.P. as Telangana goes to polls today

Stakes running high in AP: Betting on Telangana polls 1:2 in favour of Congress. Businessmen, politicians across parties have pitched bets. Betting groups formed days ahead of poll, bets put across social media. NRIs, software professionals outside India have put in money. Govt declared paid holiday for settlers to cast…

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Fortune

A new global study shows the real reason the West is still one step ahead of Asia when it comes to the digital economy–and it’s not technological prowess

Findings from the NRI confirm that technological excellence alone is not enough.

StockNews.com

3 Tech Stocks Proving Their Worth in November

The demand for digitalization and tech solutions, alongside automation in businesses continues to rise. Thus, buying up tech stocks like HP Inc. (HPQ), Nomura Research Institute (NRILY), and Gilat Satellite Networks (GILT) could turn your portfolio around this November. Read more….

StockNews.com

4 Top Rated Outsourcing Tech Stocks to Consider Buying

The growing adoption of cutting-edge technologies is expected to drive growth in the tech outsourcing market. Therefore, it could be prudent to consider buying these fundamentally strong stocks: Accenture (ACN), Nomura Research Institute (NRILY), Cognizant Technology Solutions (CTSH), and The Hackett Group (HCKT). Read more….

The Hindu

Round I MBBS, BDS online counselling from July 25 to 31

Medical aspirants to begin choice filling on July 25; counselling for govt quota seats on July 27; results on Aug 3; join allotted college by Aug 8. 25,856 eligible for govt quota, 13,179 for management quota; tuition fee for govt quota SF college Rs. 4.50 lakh, management Rs. 13.50 lakh.…

The Hindu

Telangana festival Bonalu celebrated in London

More than 1,200 NRI families from various parts of the U.K. attended the Bonalu festival celebrations by the NRI group Telangana Association of United Kingdom

The Hindu

ED probes money trail in law university admission irregularities

The Enforcement Directorate has initiated a money-laundering probe in the case of alleged irregularities and corruption in the admission of students under the NRI quota at Tamil Nadu Dr. Ambedkar Law University, Chennai, during 2016-17

The Hindu

KCR can’t dream of passing on the baton to his son, and people will revolt against such thinking: Revanth

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