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Slowdown in remittances is bad news for economy

Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday. "...the muted external remittances growth is more of a structural......

NRIs, check the number of days you spend in India

The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident......

Economic Affairs Secy: 'Rs should settle at 69-70'

'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.''And therefore I treat this as temporary.' Illustration: Uttam Ghosh/Rediff.com "There seems to be some tug-of-war......

Finally, govt admits rupee, crude prices will impact CAD

Research and ratings agencies like Icra and Moody’s have said the CAD in 2018-19 would be much higher than 2017-18 Illustration: Uttam Ghosh/Rediff.com India’s current account deficit......

How household savings recovered quickly post DeMo

According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban......
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Slowdown in remittances is bad news for economy

Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday. "...the muted... ...

http://www.rediff.com/money/report/slowdown-in-remittances-is-bad-news-for-economy/20201015.htm
Who, how, when

The Reserve Bank of India (RBI) has issued guidelines for recast or resolution of loans taken by individual borrowers who are facing financial... ...

https://economictimes.indiatimes.com/wealth/borrow/recast-of-individual-loans-due-to-coronavirus-who-how-and-when/articleshow/77393220.cms
Your Taxes

An NRI who worked in the US and Canada maintains NRE and FCNR deposits in Indian banks. If he returns to India for permanent settlement, can he retai ...

https://www.thehindubusinessline.com/portfolio/personal-finance/your-taxes/article32196535.ece

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