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MUMBAI NRI STORY
Mumbai felt safer than US: NRI returns to India after 23 years, shares why he left the American DreamAn NRI who spent 23 years in the US has shared why he eventually moved back to Mumbai, saying he "felt safer" there. After building a caree...- Indian property is an NRI favourite—but is it the smartest way to build wealth?For years, buying a home in India has been almost synonymous with investing for many Non-Resident Indians (NRIs). A flat in Mumbai, Delhi, ...
- Why are Registered Investment Advisers so rare in India? The big reason may surprise investorsIn the Indian investment landscape, a stark difference exists between mutual fund distributors who earn commissions and fee-only advisors w...
- Banks & legal eagles quietly revive foreign family officeSome large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regula...
- ‘Some milestones are worth far more than numbers’: Pune CEO celebrates 30-year-old trainer who started working at 13, bought first homeA Pune CEO shared the inspiring journey of his personal trainer Akash, who started earning at 13 and has now bought his first 2BHK home at ...
- NRI shares journey from Rs 10 LPA to Rs 7.5 crore net worth and 3 Mumbai homes after moving to Middle EastAn Indian NRI has shared his financial journey on social media, detailing how his career progressed from a Rs 10 lakh annual salary to a ne...
- Strict KYC rules hit NRI equity investmentsInvestments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertaint...
- Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
- NRI demand enters a new cycle: younger buyers, long-term ownership, and record sales, says DLF’s Aakash OhriNRI demand for Indian residential real estate is rising sharply, with buyers shifting from speculative purchases to long-term, lifestyle-dr...
- Looking for property in Maximum City? Mumbai neighbourhoods NRIs should watch out for and whyMumbai is poised to be a prime real estate destination for Non-Resident Indians (NRIs) in 2024. Kanjurmarg, Mulund, South Mumbai, Bandra, A...
- Global private banks ask FPI managers not to sell NRI clients’ investmentsFPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 20...
- NRI-FPIs lobby to hang on to Dalal Street partyThese foreign portfolio investors (FPIs) are reaching out to local institutions and hiring legal firms and consultants to lobby with the go...
- ‘NRI bonds the ultimate weapon to stabilize Re’The government had issued NRI bonds on three occasions — 1998, 2000, and 2013.
- Square Yards builds new margins, brick by brickThe firm which is backed by the private equity arm of the Anil Ambani-led Reliance Group is widening its business with the introduction of ...
- Kangana Ranaut flies to US to prepare for her role in 'Simran'In Hansal Mehta's directorial venture "Simran", Kangana will play a Gujarati NRI named Praful Patel.
- CLSA says ‘Rexit’ not end of India storyMeanwhile, the benchmark indices recovered to trade 0.4% higher after suffering an initial bout of weakness on Rajan's exit news.
- 'Joker' to release in India and Pakistan simultaneouslyAkshay Kumar starrer 'Joker' is the next big Bollywood film to release in Pakistan tomorrow after Salman Khan's 'Ek Tha Tiger' and Saif Ali...
- For NRIs, home is where the investment should beRising prospects of realty & stocks, plus better interest rates prompt overseas Indians to keep money in NRO accounts. NRIs: Away but unite...
- Investment rush picks up among NRIsNRIs are setting up trusts in India to manage their money and ring fence a part of their wealth.
- NRI films: focus continues to be family, rootsA dysfunctional family grappling with its identity has become the leitmotif for Indian and NRI directors making films on Indians settled ab...
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