Trump immigration push: US Treasury asks banks to flag suspicious transactions linked to illegal migrants

The US Treasury Department‘s financial crimes unit has asked banks to watch for signs of identity theft, payroll tax fraud and money laundering linked to the employment of people living in the country illegally, marking the latest step in President Donald Trump’s immigration crackdown, AP reported.The Financial Crimes Enforcement Network (FinCEN) on Friday issued an…

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India’s FPI debt inflows reached 62% of cumulative equity at $95.5 billion since FY99; $19.3 billion since FY25: Report

Foreign portfolio investment (FPI) debt inflows have accounted for 62 per cent of cumulative equity inflows into India since FY 1998-99, marking the growing importance of the country’s debt market in attracting foreign capital, according to a report by DSP Mutual Fund. India has received $95.5 billion in FPI debt inflows in about 28 years,…

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Rupee jumps 56 paise to 95.18 vs US dollar after RBI announces forex-support measures

The rupee surged 56 paise to 95.18 against the US dollar following RBI’s measures to attract foreign capital and boost forex liquidity. These policy announcements, including expanding the Fully Accessible Route and removing taxes on foreign investment in G-Secs, improved investor sentiment. Analysts expect further appreciation if oil prices remain below $100 a barrel. The…

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Alexander Zverev marches into French Open final, one win away from ending Grand Slam curse | Tennis News

Germany’s Alexander Zverev (AP Photo/Christophe Ena) Alexander Zverev moved within touching distance of a long-awaited Grand Slam breakthrough after defeating Czech youngster Jakub Mensik in four sets to reach the French Open final on Friday.The German second seed prevailed 7-5, 6-2, 3-6, 6-3 on Court Philippe-Chatrier, keeping alive his quest for a maiden major title…

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