For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

The Board of Control for Cricket in India (BCCI) is preparing to announce its annual central contracts for the senior men’s cricket team in April, with significant changes expected across various categories. Among the most talked-about developments is the anticipated return of Shreyas Iyer to the list after a notable absence last year due to multiple controversies. Iyer, who captains Punjab Kings in the IPL, had been dropped from the BCCI's central contracts in the 2023-24 cycle. Ho

India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&

In a noteworthy development signaling the economic progress of Andhra Pradesh, the state has recorded its highest monthly Goods and Services Tax (GST) collection in nearly a year. The GST revenue generated in the state for the month of March 2025 has reached an impressive ₹3116 crore, breaking past the ₹3000 crore milestone for the first time in the last 11 months. This also marks an 8.35 percent year-on-year growth compared to March of the previous year, indicating an upward trend in tax

The Enforcement Directorate (ED) has uncovered a financial trail connecting billionaire investor and philanthropist George Soros’s Soros Economic Development Fund (SEDF) to Indian entities operating in the NGO sector, sparking serious questions about potential violations of the Foreign Contribution (Regulation) Act (FCRA) and foreign direct investment (FDI) norms. The revelations, based on detailed investigations, have triggered fresh scrutiny over the methods used to funnel foreign fun

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of

American comedy superstar Kevin Hart is officially heading to India for the very first time as part of his ongoing world tour titled Acting My Age. The announcement has sparked massive excitement among Indian fans, who will finally get the chance to experience Hart's dynamic comedic style live on stage. The much-anticipated performance is scheduled for April 30, 2025, and will mark a historic milestone in the celebrated comedian's career. The news was confirmed on April 1 by

Phoebe Gates, the youngest daughter of billionaire philanthropists Bill Gates and Melinda French Gates, has ventured into the podcasting world with her new show titled The Burnouts. The podcast, launched on April 1, is co-hosted by Gates and her former Stanford University roommate, Sophia Kianni, who has made a name for herself in the business world as a Forbes 30 Under 30 honoree. In The Burnouts, the two young women aim to provide business advi

India is adopting a cautious and calculated approach to the impending announcement of U.S. President Donald Trump’s “reciprocal tariffs,” set to be revealed on April 2. Unlike many other major economies that have opted for more immediate reactions, India is choosing to assess the actual impact of these tariffs before determining its response. This considered stance reflects India’s broader strategy in evaluating trade deals and tariffs. Indian officials have indicated

In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

New Delhi, April 1 – Indians working abroad sent home a record-breaking $129.4 billion in 2024, reaffirming India’s position as the world’s top remittance recipient. According to the latest figures released by the Reserve Bank of India (RBI), the last quarter of the year alone—October to December—saw the highest-ever quarterly inflows of $36 billion.   The World Bank, which tracks global remittance patterns, confirmed that India stands far a

Renowned American restaurant chain Hooters of America has filed for bankruptcy protection in Texas as part of a major restructuring effort aimed at addressing its mounting debt of $US376 million (approximately $601 million AUD). The company announced that it will transfer ownership of its company-operated restaurant locations to a group backed by the original founders of the brand, with the aim of strengthening its financial future. Despite the bankruptcy filing, Hooters has confirmed that it

The Union Cabinet, chaired by Prime Minister Narendra Modi, has sanctioned a 2% hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners. The decision, announced on March 28, 2025, will benefit more than one crore individuals, including both current employees and retired personnel drawing pensions from the central government. This hike, though modest compared to previous years, will be implemented retrospectively from January 1, 2025. As a resul

In India, banking services are designed to offer convenience—but they often come at a price. From ATM withdrawals to fund transfers and cheque issuance, nearly every service comes with associated costs. While some fees are minimal, others can add up over time, impacting your personal or business finances. Whether you're managing a savings account or operating a business with a current account, understanding standard banking charges is essential for smarter financial planning. Bank f

Roshni Nadar Malhotra, the chairperson of HCL Technologies, has made history by becoming the first Indian woman to break into the top 10 of the Hurun Global Rich List 2025. With a staggering estimated net worth of ₹3.5 lakh crore, she now ranks fifth among the world’s wealthiest women, marking a major milestone for Indian business leadership. Her leap in the rankings follows a significant transfer of ownership from her father, Sh

The Kremlin stated on Wednesday that it would not activate the recently negotiated Black Sea maritime security agreement until a series of longstanding conditions—most of them tied to earlier unmet commitments—are fulfilled. This development comes in the wake of a US-led effort to bring about a ceasefire between Russia and Ukraine in the Black Sea and halt attacks on critical energy infrastructure. On Tuesday, the United States announced that it had reached separate agreements wit

Volkswagen is currently facing a major legal challenge in India after the Indian government refused to cancel a $1.4 billion tax bill imposed on the carmaker. The government argued in the Bombay High Court that overturning the tax demand would set a dangerous precedent, warning that such a move could have catastrophic consequences. Officials claimed that doing so might encourage other companies to withhold critical information and deliberately delay tax inquiries, ultimately exploiting legal

Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries. After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s

The Board of Control for Cricket in India (BCCI) has announced a generous Rs 58 crore prize money for the Indian cricket team following their triumphant victory in the ICC Champions Trophy 2025. On March 9, under the leadership of Rohit Sharma, Team India defeated New Zealand by four wickets in the thrilling final held at the Dubai International Cricket Stadium. This victory marked India's third Champions Trophy title, following their previous triumphs in 2002 and 2013. The win further ce