Tag: account
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Rupee slide driven by capital outflows, not current account stress: D Subbarao
The recent weakness in the Indian rupee is being driven more by capital outflows than by a widening current account deficit, marking a shift...
Rupee pressure driven by capital outflows, not current account deficit: Ex-RBI Governor Subbarao
The current weakness in the Indian rupee is fundamentally different from past currency crises and is being driven by capital outflows rather than macroeconomic...
Will gifting money to daughter from a foreign bank account attract tax in India?
I have settled back in India after being an NRI for many years. I am still holding a foreign bank account, which primarily consists...
Anil Ambani moves SC against SBI classification of his account as fraud
Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI)...
SEBI mulls reviewing facility for Basic Services Demat Account to improve financial inclusion
Markets regulator SEBI on Monday proposed a review of the facility for 'Basic Services Demat Account' to improve financial inclusion, suggesting that ZCZP bonds...
