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WEALTHY NRI FAMILY
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...- Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
- ETMarkets Smart Talk | AI boom driving Indian family offices to global markets; US offers richer playbook: Amit GoelIndian family offices are increasingly looking beyond domestic markets as the global AI boom reshapes investment strategies. Limited pure-p...
- HNIs eye Greece residency as alternative to Dubai optionAffluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolvin...
- Wealthy NRI family plans return to India from US after 25 years. Here's whyWealthy NRI family with $6.8 million in net worth seems to have been planning to return to India after 25 years in the US. The couple wants...
- Manipal Group’s promoter family buys Rs 64 cr ultra-luxury apartment in Bengaluru’s Jayamahal ExtensionShruti R Pai, wife of Manipal Group's Chairman, has acquired a luxury apartment in Bengaluru's Jayamahal Extension for Rs 64 crore. This tr...
- Study abroad turns into stash cash abroad; RBI takes noteThe RBI is scrutinizing the misuse of a 2003 rule allowing Indian students abroad to be treated as NRIs, which enables large overseas fund ...
- Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hiresJulius Baer Group Ltd. hired senior bankers from UBS Group AG and JPMorgan Chase & Co. to strengthen its business serving wealthy Indians i...
- London calling? Not anymore. Tax tweaks worry NRIs, new migrantsMany non-resident Indians (NRIs) and recent migrants to the UK face uncertainty due to proposed changes in tax regulations set to eliminate...
- Bank of Baroda looks to ramp up wealth management businessThe bank aims to nearly triple its assets under management (AUM) to over ₹85,000 crore, from ₹30,000 crore at present, in the next five yea...
- The financial checklist for a returning NRIWhile living far away in a strange country and in a different environment, home evokes nostalgia and warmth. However, the reality after one...
- Blackmail racket: How women turn it into ‘biz’The gang was run by leading lawyers who brought women from across the country to honeytrap men.
- India-born Reuben brothers top UK rich list, Hindujas at number twoSrichand and Gopichand Hinduja, who head the Hinduja Group, hold on to their second rank from last year with an unchanged fortune.
- Thanks to NRIs, 3 small Gujarat villages each have Rs 2,000 crore bank depositsResidents of these villages are settled mostly in countries like Kenya, Uganda, Mozambique, Tanzania, South Africa, the UK and Australia.
- Crime, litigation blocking NRI Investment in PunjabEach time there is an attack on a NRI in Punjab, the state's credibility as an investment destination for the Punjabi diaspora gets a dent.
- McDonald's franchise owner 'buys' Napean Sea Road building for Rs 175 croreThe structure is almost a century-old and is tucked away in the tiny Darabsha lane off Napean Sea Road.
- Britain's richest man LN Mittal pays full property tax in UK, not availing discountsAccording to The Sunday Times, many of his neighbours are avoiding complete payment by using discounts on their council tax bills.
- UK Tribunal ruling on UBS brings rich Indians under lensThe tribunal ruling has deepened suspicions of sharp practices that wealthy Indians and local business houses often indulge in.
- NRI jailed for 27 years for kidnapping fellow IndianA 28-year-old NRI has been jailed for 27 years for conspiracy to kidnap a fellow Indian and blackmail his father who lives in Gujarat.
- Insurance cos bank on NRIsInsurance cos have lined up an array of financial products specially designed to cater NRIs.
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