NBFIs face renewed asset quality risks amid second…

Non-banking finance companies face renewed asset quality and liquidity risks amid a second wave of COVID-19, Fitch Ratings said on Thursday. These challenges are likely to increase if recent restrictions to contain the pandemic are…

The types of NRI incomes that are taxable…

Tax on an individual's income depends on its source and the residential status in India. The residential status of an Indian citizen needs to be determined individually for every financial year which may vary from…

Fed officials say easy policy will stay in…

Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won't be adjusted based merely on forecasts.The Federal Open Market Committee on…