Category : Search result: foreign payments


Saudi Arabia Removes All Restrictions for Foreign Investors

Saudi Arabia eliminates Qualified Foreign Investor rules, opening its $2.3 trillion stock market to all global investors from February 1. This major reform aims to boost inflows and revive the Tadawul index after a 13% slump.

Payments Board's First Meet Reviews Vision 2028 Draft

The newly constituted Payments Regulatory Board held its inaugural meeting, reviewing the draft 'Payments Vision 2028' document. The board discussed key themes for India's digital payments future. Read more.

How to Declare US RSUs in Your Income Tax Return

Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.

India's Forex Reserves Surge to $693.32 Billion

India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.

Disclose Foreign Assets in Revised ITR by Dec 31

Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.

Amazon Introduces Biometric UPI Payments in India

Amazon India launches biometric authentication for UPI payments, enabling faster, password-free checkouts. This move aims to boost digital payment security and convenience for millions of users.

India's Forex Reserves Fall to $686.2 Billion

India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.

India's Forex Reserves Fall to $686.23 Billion

India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.

China Warns Foreign Media on Hong Kong Fire Reporting

China's foreign ministry issues a stern warning to international media, accusing them of spreading false information about a deadly Hong Kong fire. Details on the incident and the official response.

RBI Grants In-Principle SFB Approval to Fino Payments Bank

The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.

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