Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals. (AI image) The Reserve Bank of India intends to strengthen regulations concerning international money transfers, that is, overseas remittances by Indian residents, with new restrictions on foreign currency deposits that involve lock-in periods.The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals, permitting…

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Air India crash: 3 resident docs & a pregnant woman among victims on campus, 1 missing | India News – Times of India

Air India crash: 3 resident docs & a pregnant woman among victims on campus, 1 missing | India News – Times of India

3 resident docs & a pregnant woman among victims on campus, 1 missing AHMEDABAD: Three resident doctors and the pregnant wife of another doctor were killed Thursday in the trail of destruction left by Air India flight AI 171 crashing into the Atulyam-4-4 residential quarters and a hostel mess on the campus of Ahmedabad’s B…

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Everything was orange, it was scary: California resident describes raging wildfire

Everything was orange, it was scary: California resident describes raging wildfire

Thousands of residents have evacuated their homes as wildfires rage across Los Angeles (LA), destroying neighbourhoods and disrupting daily life. The fires, fuelled by strong winds, have burned over 29,000 acres and left at least five people dead, according to local officials. Soukhya Inamdar, a resident of West Hollywood, described her experience during an interview…

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