R. Suryamurthy

R. Suryamurthy is a Contributing Editor at South Asian Herald. He has worked for The Telegraph, The Tribune, and Press Trust of India.

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Diaspora

Multinationals Face New Tax Reality

In a significant ruling with far-reaching implications for multinational corporations operating in India, the Delhi High Court has held that reimbursements received by a US-based professional services firm from its…

By R. Suryamurthy · June 25, 2026

Diaspora

Tariff Uncertainty Clouds Trade Talks

India and the United States are heading into a pivotal round of trade negotiations this week, with New Delhi facing growing pressure to decide whether to pursue a bilateral trade…

By R. Suryamurthy · June 22, 2026

South Asia

The 22% FCNR Mirage

The Reserve Bank of India's latest Foreign Currency Non-Resident (FCNR-B) deposit window has sparked intense interest among non-resident Indians (NRIs), with banks, wealth managers and financial influencers promoting strategies that…

By R. Suryamurthy · June 20, 2026

Diaspora

Broke By a Thousand Clicks

On a Friday evening in Gurugram, 29-year-old marketing executive Priya Sharma ordered dinner through a delivery app. The bill came to ₹412 ($4.80). Earlier that day, she picked up a…

By R. Suryamurthy · June 18, 2026

Defense

India Defense Output Hits Record $20.7 Billion

India's defense production climbed to a record ₹1.78 lakh crore ($20.7 billion) in the financial year ended March 2026, highlighting the country's growing military-industrial capabilities at a time of heightened…

By R. Suryamurthy · June 17, 2026

Diaspora

US-Iran Deal Could Give India an Economic Tailwind

The emerging US-Iran peace agreement may prove to be one of the most consequential geopolitical developments for India's economy this year, offering relief on energy costs, inflation, trade logistics and…

By R. Suryamurthy · June 16, 2026

Diaspora

Tariffs Fail to Tame Gold

India's sharp increase in gold import duties has so far failed to meaningfully dent demand for the precious metal, highlighting the limits of tariff-based measures in a market where gold…

By R. Suryamurthy · June 16, 2026

Diaspora

Exclusive: Indian Sarees Find New Global Homes

For centuries, India’s saree traditions evolved in response to geography, climate and local livelihoods, creating a remarkable diversity of fabrics, weaving techniques and draping styles across the subcontinent. Today, while…

By R. Suryamurthy · June 14, 2026

Diaspora

The Midterm Factor in the India-US Trade Deal

The frantic push to conclude the first phase of an India-US trade agreement by mid-July is being presented as a breakthrough in bilateral economic relations. Commerce Minister Piyush Goyal speaks…

By R. Suryamurthy · June 10, 2026

Diaspora

A Taste of Home Takes Flight

Every summer, a familiar question begins appearing in family WhatsApp groups stretching from London to New Jersey, Toronto to Dubai: “Have the mangoes arrived yet?” For millions of Indians living…

By R. Suryamurthy · June 8, 2026

Canada

From Gujarat to Canada, a Dream Ends in a Coffin

When Vidhi Megha left her hometown of Borsad in Gujarat four years ago, her family believed they were investing in a future. Like thousands of Indian parents, they poured their…

By R. Suryamurthy · June 5, 2026

Economy

A Strategic Pivot Towards Long-Term Foreign Capital

The government's decision to exempt foreign investors from paying tax on interest income and capital gains from investments in government securities marks more than a routine capital market reform. It…

By R. Suryamurthy · June 5, 2026