India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
In the global markets, the US dollar traded lower in early trade after former US Treasury Secretary Larry Summers withdrew himself from the race to be the next Federal Reserve chairman.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
Technology can certainly gain India membership in the comity of modern nations in the 21st century.
In yet another step to attract foreign money, the Reserve Bank of India (RBI) has allowed non-resident investors to acquire shares of listed Indian companies through stock exchanges under the foreign direct investment (FDI) scheme.
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
Trustees and protectors can help ring-fence your trust deed and ensure it is executed exactly the way you want, for the benefit of your children, after you are no more.
.jpg)
The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
A few adjustments can help foreign travellers and students reduce the impact of a falling rupee.
The court had earlier allowed Burman twice to go abroad, including a trip to London to attend his ailing brother there.
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
According to the committee, single overseas investments of more than 10 per cent in a company should be considered as Foreign Direct Investment while those less than 10 per cent should be classified as foreign portfolio investment.
Patrick Ward provides a country-wise break of AAP's overseas campaign contributions.
'So complete is Modi's takeover of the foreign ministry, that Swaraj today is less important than a minister of state for secularism in Modi's government!'
Black money can take the form of a high-end property in Southeast Asia, a cruise ship floating on the Mediterranean or blue-chip shares held via an offshore fund manager.
A Supreme Court advocate and an Indian Institute of Technology Delhi alumnus, Somnath Bharti is convinced that he is today in a position to transform the judicial system of the country. Somesh Jha reports
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
NRIs still send largest remittances than counterparts elsewhere.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
.jpg)
As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones
The rise in India's relative attractions lie in the precipitous decline in safety of the more popular destinations, notes Kanika Datta.
The Aam Aadmi Party has to return to the drawing board and learn from this experience. The party is here to stay and make its mark in Indian politics, says AAP members in the US. Ritu Jha/Rediff.com reports from California.
Bhupendra Kumar Modi is the founder of $2-billion Spice Group.
From the Yadav-dominated Madhepura to the Brahmin-dominated Darbhanga and Bhumihar-dominated Begusarai -- three of the seven parliamentary constituencies in Bihar -- that go to vote on April 30 are crucial for Bihar Chief Minister Nitish Kumar as it will be a test of his 'development model'.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
In his address at the event organised in London by the Institute of Directors India, he emphasised that for too long India has been burdened with an old, cosy, family-and- favourites, under-the-table style of doing and managing business.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
For the last 40 years, Modi fasts during Navratras devoted to Ma Amba. He drinks lukewarm water and sometime he eats a fruit a day.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Here's how NRIs can protect their overseas earnings from exchange rate risk.
Anuj Puri, chairman and country head at JLL India explains the dynamics of the city's real estate.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
Gujarat was among the earliest civilisations in the sub-continent, dating back four millennia.
Non-resident Indians (NRIs) are very positive about India
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
The government on Monday disclosed before the Supreme Court eight more names including that of Pradip Burman, one of Dabur India promoters, a bullion trader and Goa miners against whom it has started prosecution for allegedly stashing blackmoney in foreign banks.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances