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

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

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

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

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

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

The Bangladesh BIMSTEC security meeting placed the Rohingya refugee crisis, maritime security, cyber security cooperation and Bay of Bengal security at the centre of regional discussions, urging member nations to strengthen cooperation against emerging security challenges. Bangladesh Calls for Stronger Regional Security at BIMSTEC Meeting Bangladesh urged BIMSTEC member nations to deepen cooperatio

Sonam Wangchuk’s protest at Jantar Mantar is gaining national attention as his indefinite hunger strike continues over alleged examination irregularities. Political visits, health concerns and a planned Parliament march have increased pressure for a government response. Sonam Wangchuk Protest Draws Wider Attention Educator and climate activist Sonam Wangchuk’s indefinite hunger strike at Jantar Mantar has begun attracting wider public,

The Dharwad doctor murder case involves the death of Dr Kiran Honannavar and the stabbing of his eight-year-old son inside their apartment. Police are questioning his wife, examining phone activity, family calls and forensic evidence to establish the motive and timeline. Doctor Found Dead Inside Dharwad Apartment A 45-year-old anaesthetist, Dr Kiran Honannavar, was found dead inside his family’s sixth-floor apartment in Dharwad, Karnatak

Karnataka CM DK Shivakumar assured farmers that their land would not be forcibly acquired for the Bidadi Township project and announced a committee review. No land without farmers consent Karnataka Chief Minister DK Shivakumar has assured farmers that the state government will not forcibly acquire land for the proposed Bidadi Township. His statement followed protests over a land survey that farmers said was being conducted without the

President Donald Trump will appear on a new $1 coin produced by the United States Mint, becoming the first living US president whose portrait will feature on an official American coin. The numismatic product forms part of the national celebrations marking 250 years since the signing of the Declaration of Independence. The US Mint said the Trump commemorative $1 coin is expected to become available in late fall 2026. Unlike ordinary circula

EPFO Credits 8.25% FY26 Interest to 34 Crore Accounts Employees’ Provident Fund Organisation members can now check whether the annual interest for the financial year 2025-26 has been added to their provident fund accounts. EPFO has reportedly completed the credit of 8.25% interest to about 34 crore member accounts by July 15, marking one of the organisation’s fastest annual interest-processing exercises. The deve

OpenAI Smart Speaker Report Reveals Screenless AI Device OpenAI is reportedly preparing to enter the consumer hardware market with a portable, screenless AI speaker designed to bring ChatGPT into the home. According to the report, the device could serve as a more conversational and proactive alternative to traditional smart speakers from Amazon, Google and Apple. OpenAI has not publicly confirmed the product’s final design, features, price or release schedule.

The United States has approved a potential $1.96 billion precision-weapons sale to Saudi Arabia as the kingdom faces renewed missile and drone threats from Yemen’s Houthi movement. The proposed package includes Advanced Precision Kill Weapon Systems designed to improve Saudi air defence and regional military coordination. Saudi defence receives major US weapons boost The US State Department approved the possi