This guide explains NRE, NRO and FCNR accounts in plain English, compares tax and repatriation rules, shows where overseas and Indian income should go, and gives realistic account combinations for salaried NRIs, landlords, investors and families. Last reviewed: July 18, 2026 The first banking question most new NRIs ask sounds simple: “Which Indian account should I use now?”

Last reviewed: July 18, 2026 Moving abroad changes more than your address. Your Indian bank accounts, tax status, investments, insurance, property records, nominees and digital access may all need attention. These issues may not feel urgent when you leave, but a failed transaction, expired mobile number, tax notice or missing document can later create stress. This practical checklist explains what to update in India during the

Skyroot Aerospace is preparing Vikram-1 for its maiden orbital mission from Sriharikota. Scheduled for July 18, 2026, the launch could mark India’s first privately developed orbital rocket flight and strengthen the country’s commercial small-satellite launch sector. The Vikram-1 first orbital launch is scheduled for 11:30 a.m. IST on Saturday, July 18, 2026, from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. Through Missio

Sonam Wangchuk removed from Jantar Mantar after Delhi Police carried out an early-morning operation in New Delhi at around 6:30 a.m. IST on Saturday, July 18, 2026. He was shifted to Safdarjung Hospital on the 21st day of his hunger strike after police said doctors had advised urgent medical care under Delhi High Court directions. Sonam Wangchuk Removed From Jantar Mantar According to police sources cited in the rep

India’s bullet train programme is moving into a new phase, with Indian-built high-speed trains expected to start services before Japan supplies its next-generation E10 Shinkansen sets. The plan is important for domestic rail technology, faster corridor rollout and long-term India-Japan cooperation. The India bullet train project with Indian trains is set to begin before Japan supplies its next-generation E10 Shinkansen fleet. The Ministry of E

IRGC claims two oil tankers exploded near the Strait of Hormuz after entering what it described as a mined area. The allegations, which have not been independently verified, come as military tensions between the United States and Iran continue to raise concerns over global shipping and energy security. IRGC Claims Two Oil Tankers Exploded Near Strait of Hormuz

US strikes Chabahar Port surveillance tower in a major expansion of its military campaign against Iran. CENTCOM says the facility helped the IRGC monitor shipping through the Strait of Hormuz, while Tehran insists the strategically important port remains operational despite the attack. US Strikes Chabahar Port Surveillance Tower in Iran  

Trump blames Canada wildfire smoke for unhealthy air across the United States and says the economic cost could be added to existing tariffs on Canadian goods. His remarks come as hundreds of active wildfires continue to spread smoke across North America, triggering widespread air quality alerts. Trump Blames Canada Wildfire Smoke, Warns of New Tariffs

An Indian merchant navy captain denied UK bail remains in custody after being accused of breaching British sanctions linked to transporting Russian oil. The case centres on the interception of the MV Smyrtos and raises questions about sanctions enforcement and the responsibilities of ship masters. Indian Merchant Navy Captain Denied UK Bail in Russia Oil Case

Iran media reporting restrictions have been imposed following renewed US airstrikes, with authorities directing news organisations to limit coverage of civilian infrastructure damage. The directive comes as Washington considers expanding its military campaign, raising fresh concerns over regional stability. Iran Media Reporting Restrictions Ordered After US Strikes

Iran claims US used ceasefire to strengthen its military capabilities while continuing diplomatic talks, according to senior adviser Mohsen Rezaei. The allegations include rebuilding forces, revising the Islamabad MoU and imposing conditions on the release of frozen Iranian assets. Iran Claims US Used Ceasefire to Rebuild Military Strength &nbs

US airstrikes on Iran continue into a seventh consecutive night as CENTCOM expands its military campaign against Iranian targets. The latest strikes, ordered by the US commander-in-chief, targeted military infrastructure while escalating tensions between Washington and Tehran amid warnings of wider regional instability. US Airstrikes on Iran Continue for Seven

The SIT investigating alleged irregularities in donations received by the Ram temple trust is likely to submit an interim status report to the Supreme Court on Monday, July 20, 2026. The team may also seek additional time to complete the investigation and recommend administrative reforms. SIT Interim Report Expected Before Supreme Court The Special Investigation Team examining alleged embezzlement of donations received by the Shri Ram Janm

Iran’s Islamic Revolutionary Guard Corps claimed on Friday, July 17, that it had launched ballistic missiles and drones at US military aircraft stationed in Jordan, marking another dangerous expansion of the US-Iran conflict across the Middle East. The IRGC said several American fighter jets and aerial refuelling aircraft were destroyed, while other planes suffered serious damage. However, neither the United States nor Jordan had indepen

The Centre has listed five new bills and two previously introduced measures for the Monsoon Session 2026 beginning Monday, July 20. However, the Delimitation Bill and Public Office Disqualification Bill are absent, fuelling speculation over whether they could be introduced later. Monsoon Session Bills Leave Delimitation Question Open The Union government has outlined its legislative agenda for the Monsoon Session 2026, listing five new bil

A breast cancer patient died before the Kerala High Court could decide her petition seeking a reduction in the price of a life-saving medicine, even though the case had been listed 57 times. The Supreme Court has now taken suo motu cognisance of the delay and issued notice to the Centre. Cancer Drug Plea Remained Pending for Nearly Four Years The petition was filed in the Kerala High Court in June 2022 by a woman undergoing treatment for b

Indian National Security Adviser Ajit Doval reviewed India-Myanmar security cooperation with his Myanmar counterpart, U Tin Aung San, during bilateral talks held around the fifth BIMSTEC National Security Chiefs’ Meeting in New Delhi. The engagement came as conflict inside Myanmar continues to create security, humanitarian and economic challenges along India’s northeastern frontier. Myanmar Risk to India’s Northeast

More than 500 Rohingya refugees are feared dead after two overcrowded boats reportedly capsized off Myanmar’s coast. UNHCR and IOM said the incident remains unconfirmed and called for urgent search operations, regional cooperation and safer refugee protection routes. Myanmar Boat Tragedy Remains Unconfirmed Initial information indicates that one vessel carrying approximately 250 people lost contact soon after leav

Trump Media plans to launch the Trump Truth API, giving Wall Street traders faster access to Truth Social posts. The paid service has raised ethics concerns over market-moving presidential announcements. Trump Truth API Raises Questions Over Faster Access to Presidential Posts Trump Media & Technology Group is preparing to launch a paid data service that will deliver selected Truth Social posts to financial inst

Iran launched strikes on military targets in Kuwait and Syria following recent US attacks. Missiles and drones were also intercepted over Jordan and Iraq, while explosions were reported in Qatar and Bahrain, raising fears of a wider regional conflict. Iran attacks Kuwait Iranian state television reported that the country launched drone attacks against US military deployment sites and logistical support facilities in