Over 72% growth in India's overseas financial assets was due to investment, currency & deposits: RBI

Jun 30, 2025

India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and...

China calls for Afghanistan's overseas assets to be promptly unfrozen

Dec 22, 2021

New York [US], December 22 : China on Wednesday called for unfreezing Afghanistan's overseas assets as soon as possible.

ED attaches 30 overseas assets of Mumbai-based Panoramic Universal Ltd in Pancard Clubs investment fraud case

May 08, 2025

The Enforcement Directorate (ED) has provisionally attached 30 overseas assets held in the name of overseas subsidiaries of Mumbai-based Panoramic Universal Ltd (PUL) and...

China proposes taxing rich Chinese abroad, puts forward expat tax

Mar 08, 2022

Beijing [China], March 8 : China is contemplating taxing rich Chinese who emigrate to avoid tax and transfer their assets and wealth overseas.

India's overseas assets increased more than its foreign liabilities in FY24: RBI Data

Jun 25, 2024

India's financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its...

Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.2 bn: RBI

Mar 30, 2024

According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets,...