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Vice President JD Vance announces birth of son

U.S. Sen. J.D. Vance (R-OH) and his wife Usha Chilukuri Vance look on as he is nominated for the office of Vice President on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin.  Anna Moneymaker | Getty Images U.S. Vice President JD Vance and his...
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Private bank chiefs temper NRI deposit mop-up expectations; Top lenders stay cautious, say several factors affect inflows

MUMBAI: Top private bank chiefs are taking a cautious view of RBI’s FCNR(B) deposit window, with lenders saying tax rules, overseas liquidity conditions and regulatory constraints could limit inflows below initial estimates.HDFC Bank MD & CEO Sashidhar Jagdishan said potential inflows under the scheme may be lower than initially expected because tax rules make the...
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Industry seeks changes to Companies Bill

Representative generative image (created by Denny) NEW DELHI: As govt explores further decriminalisation of the Companies Act, the corporate sector has proposed changes to the amendment bill moved by the Centre, including those related to auditors. In a series of representations to the select committee looking at the amendments, a senior industry executive said: “Greater...
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PNB targets $2.5bn via FCNR(B)

Punjab National Bank (File photo) NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has raked in $425 million so far.“We are getting major traction from the UK, Dubai and GIFT City. The demand is quite good,”...
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Apple raises subscription prices in India

NEW DELHI: Apple has increased subscription prices for Apple Music and Apple One in India. The price hike comes just days after AppleCare+ plans for Macs and iPads became costlier.The Apple Music Individual plan now costs Rs 139 per month, up from Rs 119 earlier, while the family plan has been increased to Rs 229...
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