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Outward Remittances under LRS reaches USD 2,396 million in May, up by 3.6% YoY: RBI

New Delhi, July 23 -- Outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals grew 3.6 per cent year-on-year (YoY) to USD 2,396.42 million in May 2026. The total for... Read More


Indonesia to issue Panda Bonds to reduce US dollar reliance

Jakarta, July 23 -- Indonesia's plan to issue its renminbi-denominated Panda Bonds worth approximately US$1 billion serves as part of a strategic effort to diversify state funding sources and reduce d... Read More


Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 23 July 2026

Buy or sell stocks, July 23 -- The Indian stock market ended sharply lower on Wednesday, July 22, as selling pressure across sectors dragged benchmark indices down nearly 1% each, with mid- and small-... Read More


Trump Eyes Military Strikes in Mali as JNIM-Tuareg Alliance Kills 50 Soldiers

New Delhi, July 23 -- The Trump administration is weighing direct military strikes against jihadist groups in Mali, American officials told The Washington Post on Wednesday, a deliberation that follow... Read More


Foreign salary in NRE account not taxable for NRIs, ITAT quashes Rs.12 lakh tax demand

New Delhi, July 23 -- Can salary earned overseas become taxable in India simply because it is credited to a Non-Resident External (NRE) account or because tax has been deducted using an Indian Tax Ded... Read More


Meesho beats Q1 revenue estimates as marketplace growth narrows loss

Bengaluru, July 23 -- E-commerce company Meesho Ltd on Thursday reported a narrower-than-expected quarterly loss as strong marketplace growth and improving profitability offset investments in artifici... Read More


Manipur: Drug Kingpin among five arrested, narcotics worth Rs 2 crore seized in joint crackdown

Imphal, July 23 -- Manipur Police, in a joint operation with the Narcotics Control Bureau (NCB) and the Directorate of Revenue Intelligence (DRI), arrested a suspected drug kingpin and four other indi... Read More


US House passes $1.15 trillion defence policy bill in victory for Trump amid partisan divide

Washington DC, July 23 -- The US House of Representatives on Wednesday narrowly passed a sweeping USD 1.15 trillion defence policy bill, largely along party lines, handing a political win to US Presid... Read More


BIDA's structured pipeline yields over $400m in FDI execution from $1.5b target

Dhaka, July 23 -- The Bangladesh Investment Development Authority's (BIDA) structured lead generation and active pipeline management strategy, introduced in 2025, has begun yielding tangible results. ... Read More


Spandana Sphoorty clocks PAT of Rs 12 crore in Q1 FY27

Mumbai, July 23 -- Total income for the period under review rose by 0.3% year-on-year (YoY) to Rs 303 crore. The financier has recorded a pre-provision operating profit of Rs 16 crore in the June 202... Read More