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FCNR deposits: A safe bet for NRIs

Here’s how NRIs can protect their overseas earnings from exchange rate risk.In the last few months emerging markets have seen an unprecedented volatility in currency which created a sense of......

SBI hikes interest rates on NRE deposits

State Bank of India has hiked interest rates on its FCNR (B) and NRE (Rupee) deposits with effect from on Monday.For NRE (Rupee) deposits for a duration of one year to less than two years, the rate......

Banks revise FCNR deposit rates

State Bank of Indian and Bank of Baroda on Tuesday hiked the interest rates on foreign currency non-resident bank account deposits and non-resident external term deposits with effect from June 1,......

SBI hikes interest rates on FCNR, NRE deposits

State Bank of India on Monday raised interest rates on deposits of Non Resident Indians with effect from May 1.The bank raised the interest rates on Non Resident Externalrupee deposits of one year......

UBI revises NR deposit rates

The Union Bank of India has revised downwards the interest rates applicable to its dollar-denominated FCNR (B) and NRE (Rupee) term deposits.The revised rates come into effect from Wednesday, a......
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The Woman Who Chose to Startup at 60

Previous story: Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS Next story: Bangalore : Someone once remarked that a majority... ...

http://www.apnnews.com/2015/05/03/the-woman-who-chose-to-startup-at-60/
Income from invested remittance in India is taxable

I will have to file my returns in India but how do I show my US savings, which I deposit in my account in India? —George Tharakan... ...

http://www.livemint.com/Money/niaBzhDLyMdQ00P95YYnyH/Income-from-invested-remittance-in-India-is-taxable.html
Short-term capital gains are taxed at 10% or 15%?

STCG are taxed at two rates: 15% or slab rates (for STCG other than taxed at 5% under Section 111A of the IT Act) specified in the respective... ...

http://www.capitalmarket.com/CMEdit/story11-37.asp?SNo=766319
YES Bank opens first overseas office in Abu Dhabi

YES Bank, India's fifth largest private sector bank, on Monday announced its international foray by opening its first overseas representative... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/yes-bank-opens-first-overseas-office-in-abu-dhabi/article7146669.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Full convertibility still some distance away

The discussion on capital account convertibility in the Indian context has resurfaced; and the reasons are the increasing forex reserves and the... ...

http://www.financialexpress.com/article/fe-columnist/column-full-convertibility-still-some-distance-away/66751/

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