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REPATRIATION OF FUNDS TO INDIA NRI
C’mon SEBI, step out & save: The market regulator should fix flawed IPO rules to stem inflated valuations, and capital flightCoca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due ...
Will increase seafarer repatriations if needed: Shipping Ministry’s Mukesh MangalIndia plans to increase efforts to bring back its seafarers from West Asia if needed. Currently, 18,000 Indian seafarers are in the region....
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
Want better returns as an NRI investing in India? Compare equities and real estate before you decide
Nearly 150 Indians languish in Bangladeshi prisons even after completing their sentencesMany Indian nationals remain imprisoned in Bangladesh long after their sentences end. Procedural delays and identification issues are preve...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
RBI announces major rule change for NRI and OCI investors; here's what it means for your investments
Bring back export earnings soonerThe Reserve Bank of India has shortened the time for exporters to bring back foreign earnings. This period is now nine months, down from fi...
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
Rupee is falling: As an NRI, should you prepay your India home loan or keep the cash abroad?
Stocks in news: Tata Steel, ICICI Bank, Tata Motors, Vedanta, Maruti SuzukiIndian markets traded cautiously on Thursday's weekly expiry, with analysts observing a continued tussle for direction in the Nifty. Key co...
Over 2,400 Indians repatriated from Myanmar cyber scam compounds, 150 still trapped: MEAIndia has successfully brought back over 2,400 citizens from Myanmar's cyber scam compounds. These individuals were trapped in fraudulent o...