RBI makes changes in framework for reclassification of FPI to FDI | Check new norms
November 11, 2024 15:59 ISTThe Reserve Bank of India (RBI) issued an operational framework for reclassification of foreign portfolio investment by FPI to FDI.
The Reserve Bank of India (RBI) issued an operational framework for reclassification of foreign portfolio investment by FPI to FDI.
Right now, only a 42-kilometer section of the 82-kilometer RRTS corridor is open in Uttar Pradesh. However, officials stated that the first phase of trials until the New Ashok Nagar station in Delhi is nearly complete.
For effective financial management and to avoid penalties, keeping track of deadlines is crucial. Here are some important dates and deadlines in November that could affect your PF, income tax filing and pension accounts.
Looking for the best fixed deposit rates? This guide breaks down the top 7 banks in India offering the highest interest rates on 3-year FDs. See the latest rates from private and public sector banks, with enhanced returns for senior citizens.
Know how to use UPI Circle to enable UPI transactions for family members without bank accounts. Discover how UPI Circle allows multiple users, including children and the elderly, to make payments through a single account with easy setup.
India’s foreign exchange reserves declined for the fifth consecutive week, dipping by $2.675 billion to $682.130 billion. This trend may indicate RBI’s market intervention to support the rupee amid currency volatility. Discover how reserve changes impact India’s economy and stability.
"The exchange hereby notifies Wednesday, November 20, 2024, as a trading holiday on account of Assembly Elections in Maharashtra," NSE said.
Mukesh Ambani has moved up one place to be second on the giving list, while Adani has maintained his fifth place.
The global market sentiment remains tense, affected by multiple factors, including the aftermath of the US Presidential election, anticipation of further stimulus from China, and new geopolitical concerns in the Middle East.
Royal Brunei Airlines has launched direct flights from Chennai to Bandar Seri Begawan, enhancing tourism, trade, and cultural ties between India and Brunei. With flights three times a week, the airline aims to boost bilateral relations and offer convenient international connections.
India’s top telecom players, Mukesh Ambani’s Reliance Jio and Sunil Mittal’s Bharti Airtel, had advocated for an auction to level the playing field with legacy operators. Scindia emphasized that the government-set pricing will ensure a transparent, fair allocation under the 2023 Telecom Act.
Vande Bharat Express: These 10 trains are expected to boost Kerala’s tourism sector substantially, offering an improved travel experience.
Wondering how to get a full refund for a cancelled or delayed train? IRCTC e-ticket holders receive automatic refunds if a train is cancelled, but in cases of delays over three hours, filing a TDR is necessary for refunds.
After the loan rate hike, the overnight MCLR has gone up to 9.15% from 9.10%, while the one-month MCLR has moved up to 9.20% from 9.15%. Moreover, the three-year MCLR, on the other hand, has increased to 9.50% from 9.45%.
According to a report by rating agency CRISIL, during the festival season (October) the kitchen felt the pinch of inflation as tomatoes, potatoes and onions saw price hikes.
The Central government, in the Union Budget 2024, made some changes related to the TDS on immovable properties. It also made some changes regarding the immovable properties of NRIs which a buyer needs to know before purchasing the property.
PF balance: Don't remember your UAN number, but want to know your PF balance, no need to worry. Try this EPF missed call service to check your balance instantly without UAN Number.
Elon Musk's net worth increased by 26.5 billion USD i.e. Rs 2,23,236 crore in a single day after Tesla's stock soared by 14 per cent following an election that will send Donald Trump back to the White House.
The Nifty 50 index opened flat at 24,489.60 points, while the BSE Sensex index was down marginally by 0.16 percent during early trade to 80,248.60 points.
The Indian Railways said that the rush for Chhath Puja is set to begin after sunrise on November 8 and that it has arranged for 164 special trains to accommodate the high passenger flow on that day.
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