Can You Actually Buy Indian Stocks From America?
Last week, a subscriber wrote: “I can DoorDash Tesla shares at 2 a.m. from my couch in New Jersey. But to buy HDFC Bank in India, my dad had to courier me a blue ink signature. How is this real life?” If you have…
USD to INR today and NRI money tools
Engineer Files Taxes at 11:48 PM on Extension Deadline, Blames Folder Named ‘Final_Final_v3’
Documents were spread across four folders, only one of which contained a tax document, as a roommate watched the clock.
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Currency Converter
Convert at the mid-market rate shown on our rate pages.
| $100 | ₹9,506 |
| $500 | ₹47,530 |
| $1,000 | ₹95,060 |
| $5,000 | ₹4,75,300 |
Mid-market rates for guidance. Banks and transfer providers add a margin and fees, so the amount you receive will be a little lower.
NRE FD Calculator
Deposit, tenure and rate in; maturity value out, compounded quarterly the way Indian banks do it.
| Interest earned | ₹1,03,131 |
| Effective annual yield | 6.45% |
| Maturity value | ₹6,03,131 |
| State Bank of India | 1 yr 6.25% · 3 yr 6.30% |
| ICICI Bank | 1 yr 6.25% · 3 yr 6.45% |
Prefilled with State Bank of India's current 3-year-band NRE rate from the rates table on this page. Edit it to the rate your bank quotes you. Estimate only: the bank's exact day count and payout dates can shift the final figure slightly. Interest on NRE deposits is tax-free in India, but may be taxable in the country where you live.
RBI Macro Room
- Repo rate5.50%
- Standing Deposit Facility5.25%
- Marginal Standing Facility5.75%
- Bank Rate5.75%
- Fixed Reverse Repo3.35%
- CRR3.00%
- SLR18.00%
Forex reserves · as of Oct 2, 2026
- Total reserves$734.6B · ₹70.7 lakh crore
- Gold$106.4B · ₹10.2 lakh crore
Market Snapshot
- S&P 500 (SPY)$769.60-1.08%
- Nasdaq 100 (QQQ)$728.95-1.97%
- Dow Jones (DIA)$515.63-0.11%
- Gold (GLD)$375.99-1.49%
- Oil (USO)$153.56+0.31%
- NIFTY 5022,997.35+1.66%
- SENSEX74,315.61+2.11%
- NIFTY BANK55,810.50+0.89%
Gold Rates (per 10g)
IBJA rates include import duty and taxes.
The same national gold rate behind Suwarna's tables. City jewellers add a local premium, so your city rate will differ a little.
Stat of the Day
Money Deadlines
- Dec 15, 2026India advance tax: 3rd instalment (75%)in 60 days
- Mar 15, 2027India advance tax: final instalment (100%)in 150 days
- Mar 31, 2027India financial year endsin 166 days
- Apr 15, 2027FBAR due (FinCEN Form 114)in 181 days
- Apr 15, 2027US federal tax return duein 181 days
- Jun 15, 2027US expat automatic extension endsin 242 days
Recurring annual dates. Weekends, holidays and official notifications can move a date in a given year, so verify for the current year before you rely on one. Sources: Income-tax Act, 1961, FinCEN, IRS.
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- Gold, silver back in shine after crash: What drove the fall, why prices surge, what's next for investors? Explained
🎮 Play, Compare & Share
💸 Send Money to India: Cost Comparator
See what Wise, Remitly, Instarem and Xoom actually deliver to India after fees and rate margins, estimated from their published fees at today’s live USD/INR rate.
| Provider | Fee | Recipient gets for $1,000 |
|---|---|---|
| Wise Best estimate | $6.85 | ₹94,409 |
| Remitly | $0 transfer fee | Rate set per transfer |
| Instarem | Check provider | Check provider |
| Xoom (PayPal) | Check provider | Check provider |
Estimate from published fees as of October 12, 2026. Full comparison →
📞 Today’s Rupee Call
Rupee Call
Will the rupee weaken or strengthen by close on October 17, 2026?
One guess per day. You can change nothing after submitting - choose well.
Leaderboard and last result
- 1Player #EF5BDE0/1 correct
Just for fun. No prizes, no money, no bragging rights beyond this page.
This is a game, not financial advice.
How Rich Are You in India?
What a dollar amount feels like in India, in purchasing power rather than exchange rates.
Spent in India, that buys roughly what $4,730 buys in the US.
By the World Bank's purchasing power parity measure, what $1,000 buys in the US costs about ₹20,089 in India (PPP factor ₹20.09 per international dollar, 2025).
Based on the World Bank's PPP conversion factor for India (2025): ₹20.09 per international dollar. PPP compares the cost of the same basket of goods and services across countries. It is an economy-wide average, not a city cost index, and it is not an exchange rate.
Best Day to Send
Strongest weekday so far: Friday, averaging ₹95.80 per USD.
| Mondays | ₹95.66 |
| Tuesdays | ₹95.57 |
| Wednesdays | ₹95.64 |
| Thursdays | ₹95.71 |
| Fridays | ₹95.80 |
Averages of the daily readings in our own USD/INR archive: 33 days since Sep 1, 2026. Weekday patterns in exchange rates are weak and drift with markets, so treat this as a nudge, never a promise.
🔔 Rupee Alert
🇮🇳 India Money Pulse: data nobody else aggregates
UPI Pulse
- Value moved₹29.4 lakh crore
Inflation Now
- Food inflation (CFPI)7.74%
Featured
The 7% NRE FD Arbitrage: Are You Leaving Money On The Table?
If you have ever logged in to your US bank account, seen 4 percent interest on your savings, then opened your Indian banking app and seen 7 percent…
🗞️ The IndiaPay Times · Satire
Engineer Files Taxes at 11:48 PM on Extension Deadline, Blames Folder Named ‘Final_Final_v3’
Documents were spread across four folders, only one of which contained a tax document, as a roommate watched the clock.
More Daily Rupee editions →Money & Culture
Today's NRE FD Rates
| Bank | 1-year band | 3-year band |
|---|---|---|
| State Bank of IndiaDeposits below ₹3 crore · w.e.f. 15 Aug 2026 | 6.25%1 yr to <2 yrs | 6.30%3 yrs to <5 yrs |
| ICICI BankGeneral, with premature withdrawal · w.e.f. 9 Oct 2026 | 6.25%1 yr to 389 days | 6.45%2 yrs 1 day to 3 yrs |
Rates read from the banks' official websites on October 12, 2026: State Bank of India, ICICI Bank. Banks revise rates without notice and bigger deposits earn different rates, so confirm the current rate before you deposit.
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ℹ️ About IndiaPay
The NRI money hub: live rupee rates, honest comparisons and guides that respect both your rupees and your dollars.