Real-time cross-border payments enters a new phase with UPI-NPI integration
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance service by integrating India's Unified Payments Interface (UPI) with Nepal's...
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India’s FCNR relaxation sparks NRI deposit shift as banks offer higher dollar returns
The Reserve Bank of India’s (RBI) decision to relax rules governing Foreign Currency Non-Resident (Bank), or FCNR(B), deposits has opened...
How a weaker rupee is shaping study abroad
For an Indian student, the dream of studying abroad is rarely just an individual dream. It is a family aspiration....
Opinion | As short-sellers circle the yen, a repeat of 1997 Asian crisis looms
Japan is falling into a trap in defending its currency against the US dollar, like Thailand in 1996. Japan’s large...
India, Nepal enable instant P2P remittances
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism to support instant transfers between the two countries. The...
AU Small Finance Bank raises FCNR Deposit Rates to 7.10%*, Strengthens End-to-End NRI Banking Proposition
MUMBAI, India, June 12, 2026 /PRNewswire/ -- AU Small Finance Bank (AU SFB), India's largest Small Finance Bank and the first...
BlackRock says oil, FX risks loom over India’s bond inflow push
By Nimesh Vora MUMBAI, June 12 (Reuters) - India's measures to improve the attractiveness of its debt are welcome, though...
India rupee surges as oil nosedives on rising bets of US-Iran peace deal
By Dharamraj Dhutia MUMBAI, June 12 (Reuters) - The Indian rupee rallied on Friday, as dollar demand from importers eased...
International students in Australia face more financial pressure as currencies weaken in parts of Asia
When Jolie Cao chose to do her undergraduate university degree in Australia, she knew it would be expensive.So she saved...
India offers dollar-rupee swap to boost foreign currency deposits as reserves fall
The Reserve Bank of India (RBI) has introduced a special US dollar-Indian rupee swap facility for new Foreign Currency Non-Resident...
