Indian buyers warned: Using international credit cards for Dubai property payments, violates RBI rules
Monday, 25 August 2025 () Indian buyers using international credit cards to pay for property in Dubai are under regulatory scrutiny. Experts warn that such payments violate RBI rules under the Foreign Exchange Management Act, as property purchases are capital account transactions and must go through the Liberalised Remittance Scheme. Violations may lead to penalties, legal action, and investigations by Indian authorities.
Prime Minister Narendra Modi received a standing ovation and chants of “Modi, Modi!” as he addressed the Namibian Parliament in a historic session. Calling it "a great privilege," PM Modi..
Monday, 25 August 2025 ()
![MODI! MODI! Chants, Standing Ovation as PM Modi Address the Namibian Parliament | Watch! [Video]](https://video.newsserve.net/300/v/20250709/1415990908-MODI!-MODI!-Chants-Standing-Ovation-as-PM-Modi.jpg)
