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Aadhaar card for NRIs! Modi government extends this facility to Indians living abroad
Sat, Sep 21, 2019
According to the notification issued by Union Ministry of Electronics and Information Technology, the NRIs will be able to easily make their Aadhaar card on arrival in India. However, the benefit of this rule will be available only to those NRIs who hold an Indian passport.
Ravi Mehta, Indian-origin hedge fund boss, breaks rental record in UK
Wed, May 01, 2019
Ravi Mehta who founded Steadview Capital Management — an India focussed hedge fund company is reportedly paying 250 pounds per square foot as rental for his company's head office at Berkeley Square, London.
NRIs arrival to Kerala in December will increase our Volumes: JC Sharma, Sobha Ltd.
Tue, Nov 13, 2018
JC Sharma, Vice Chairman & Managing Director, Sobha Ltd., in an interview with Zee Business, talks about the reason for the decline in realisations, expansion plans beyond Bangalore and liquidity concerns among others.
India's December external debt falls to $456.1 billion: Govt
Fri, Mar 31, 2017
India`s end-December external debt fell by $29 billion to $456.1 billion from end-September, largely driven by a decline in long-term debt, the finance ministry said on Friday. The fall in Non-resident Indian deposits reflected Foreign Currency Non-Repatriable (B) deposits redemption.
Demonetisation: RBI turns down Indians, NRIs went for exchange of old notes as deadline ends today
Fri, Mar 31, 2017
The Reserve Bank of India (RBI) offices have turned down several Indians including NRIs went for exchanging old currency notes as the deadline ends on March 31, 2017.
HSBC, UBS stop issuing P-Notes as India steps up clampdown
Sun, Feb 19, 2017
Sebi has shared with the government for further action a list of foreign fund houses that are found to have issued the Offshore Derivative Instruments (ODIs), popularly known as Participatory Notes (P-Notes), to Indian nationals, while probe is on in several other suspected cases of NRIs/PIOs.
RBI allows NRIs access to currency derivatives market
Sat, Feb 04, 2017
"With a view to enable additional hedging products for NRIs to hedge their investments in India, it has been decided to allow them access to the exchange traded currency derivatives market to hedge the currency risk arising out of their investments in India under FEMA (Foreign Exchange Management Act), 1999," the RBI said in a notification on Thursday.
NRIs can exchange old specified bank notes till June 30, other Indians till March 31: RBI
Sun, Jan 01, 2017
The Reserve Bank of India (RBI) on Saturday said that it will introduce a facility for exchange of old specified bank notes (SBN) for Indian residents and non-residential Indians (NRIs), who were abroad from November 9 to December 30.