India has attracted roughly US$10 billion in inflows through the Reserve Bank of India’s special deposit programme for overseas Indians, two people familiar with the matter said, supporting efforts to shore ‌up FX reserves and bolster the rupee, Reuters reported.

The RBI announced a zero-cost foreign-exchange swap facility at its June 5 policy meeting for ‌deposits raised from non-resident Indians, allowing banks to offer higher returns on such deposits.

A June 23 clarification allowed banks to lend against these deposits...

Singapore Police have warned of more phishing scams involving impersonation of courier companies, after at least 43 cases were reported, with losses exceeding S$259,000.

In an advisory issued on Wednesday (July 15), the police said they have received reports of the scam since June 24, with at least 20 reports lodged on July 13 alone.

In this variant of the scam, victims would receive text messages from numbers bearing Morocco’s country code +212, or emails from random alphanumeric addresses purporting...

Argentina’s Enzo Fernandez and Lautaro Martinez struck late goals to snatch a 2-1 win over England in the World Cup semi-final on July 15 to send Lionel Messi’s reigning champions into the weekend showpiece match against Spain.

Just when England appeared set for victory after Anthony Gordon’s second-half goal, Argentina mounted a relentless late siege and got their reward as Fernandez levelled before Martinez completed the turnaround in the 92nd minute with Messi providing the pass for the equaliser and...

The Government Technology Agency has retrenched 93 staff and expects a total of 7 to 9 per cent of roles in its workforce to be affected by restructuring over the next two years.

The restructuring is meant to take GovTech from managing projects delivered by vendors to running products itself, said its chair Chng Kai Fong in a note sent to the agency’s roughly 3,900 staff on July 15. This is so the agency can respond and adjust quickly to...

Singapore’s public accounts watchdog has flagged lapses and irregularities across government agencies in its latest audit, including issues with HDB housing grants and the enforcement of gambling exclusion orders.

It also highlighted financial governance issues relating to the development of the new National Cancer Centre Singapore.

A total of 136 audit findings were issued and conveyed to audited entities through management letters, the Auditor-General’s Office (AGO) said in its latest report published on July 15.

The 2026 edition looked at...