News for 'NRI'

NRI Deposits See Massive 678% Jump to $36.24 Billion in April-July FY27

NRI Deposits See Massive 678% Jump to $36.24 Billion in April-July FY27

Rediff.com28 Sep 2026

Non-resident Indian (NRI) deposit schemes witnessed a staggering 678.2 per cent increase, reaching $36.24 billion in the April-July period of FY27, primarily driven by strong FCNR(B) deposit flows and a concessional swap facility introduced by the RBI.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

Rediff.com26 Aug 2026

Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.

2 NRI women hailing from Chhattisgarh missing in flood-hit Nepal

2 NRI women hailing from Chhattisgarh missing in flood-hit Nepal

Rediff.com28 Aug 2026

Two Non-Resident Indian (NRI) women linked to Chhattisgarh have been reported missing following flash floods in Nepal, while two other women from the state who were earlier reported missing have established contact with their families, officials said on Friday.

Tirurangadi Municipality Health Inspector Caught Red-Handed In Bribery Case

Tirurangadi Municipality Health Inspector Caught Red-Handed In Bribery Case

Rediff.com7 days ago

A Health Inspector from Tirurangadi Municipality in Kerala was arrested by the Vigilance and Anti-Corruption Bureau for allegedly accepting a Rs 10,000 bribe. The official, Sreeji S, was caught red-handed while demanding money to issue a licence for a newly opened hotel and juice shop. The complainant, an NRI, reported the incident after facing delays and demands for illegal gratification.

Italian woman duped in Gurugram with fake marriage proposal

Italian woman duped in Gurugram with fake marriage proposal

Rediff.com1 Oct 2026

An Italian woman, Paola Bertolini, travelled to Gurugram, India, to report a romance scam where a man allegedly swindled 1,000 euros from her. Dissatisfied with the response in Italy, she approached the Gurugram Cyber Police, who have registered a case and launched a search for the accused.

US Based NRI Arrested In Bengaluru For Illegal Ammunition Possession

US Based NRI Arrested In Bengaluru For Illegal Ammunition Possession

Rediff.com19 May 2026

An NRI from the US was arrested in Bengaluru for allegedly possessing live ammunition rounds after leaving them at a hotel. The accused, Arman Mutaahar, admitted to illegally possessing the ammunition and is now in judicial custody.

#Love Review: Romcom With No Spark

#Love Review: Romcom With No Spark

Rediff.com7 days ago

Familiar ideas, frustrating characters and stretched-out storytelling make #Love far less romantic than intended.

Nepal floods: 'She was coming for Raksha Bandhan, but decided to visit Kailash first'

Nepal floods: 'She was coming for Raksha Bandhan, but decided to visit Kailash first'

Rediff.com28 Aug 2026

An NRI couple from Vadodara, Kinnari and Mihir Patel, who travelled to Nepal from New Zealand, have gone missing after devastating flash floods hit the region, prompting their family to appeal to the government for swift rescue action.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Rediff.com9 Sep 2026

US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.

Richie Mehta: 'It Was Important That We Don't Sexualise Phoolan'

Richie Mehta: 'It Was Important That We Don't Sexualise Phoolan'

Rediff.com16 Sep 2026

'It's a harrowing book because in the first 100 pages, you have the first-person account of very young girl being abused. It's an important, crucial document from her point of view, but impossible to emotionally endure if one is to illustrate it on screen.'

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Rediff.com19 Aug 2026

Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

Rediff.com15 Aug 2026

India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com21 Aug 2026

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.

Dulquer Salmaan's 10 Best Malayalam Movies

Dulquer Salmaan's 10 Best Malayalam Movies

Rediff.com2 Sep 2026

From Ustad Hotel to Salute, these Dulquer Salmaan Malayalam films prove why his homecoming with I'm Game is worth celebrating.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com20 Aug 2026

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Missing Australian NRI murdered by brother over property

Missing Australian NRI murdered by brother over property

Rediff.com6 Jun 2026

A Melbourne-based Indian-origin teacher, Sunil Sharma, who went missing in Amritsar, was allegedly murdered by his brother, Satish Sharma, over a property dispute. Police investigations revealed Satish conspired with property dealers to usurp Sunil's properties, leading to his murder with a baseball bat after being drugged. Sunil's body was then disposed of in a canal, and his family, including his daughter, had appealed for help in finding him. Satish, his wife, and son have been arrested, and a search for the body and other conspirators is ongoing.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Before Toxic, 15 Films That Broke Their Directors' Moulds

Before Toxic, 15 Films That Broke Their Directors' Moulds

Rediff.com20 Aug 2026

From Sanjay Leela Bhansali and S S Rajamouli to Sundar C and Ayan Mukerji, these 15 filmmakers took a wild detour from their comfort zones, with wildly different results.

NEET-UG Counselling: Essential Tips to Avoid Costly Mistakes and Secure Your Medical Seat

NEET-UG Counselling: Essential Tips to Avoid Costly Mistakes and Secure Your Medical Seat

Rediff.com31 Jul 2026

As the Medical Counselling Committee (MCC) web site opens for NEET-UG registration, aspiring medical students are urged to avoid simple, yet costly, mistakes during the online counselling process, with experts advising thorough preparation and careful choice filling.

10 Films That Took Age-Gap Romance Seriously

10 Films That Took Age-Gap Romance Seriously

Rediff.com19 Aug 2026

From Joggers Park to De De Pyaar De, these films dared to make the age gap between their unlikely lovers part of the story rather than something to quietly ignore.

NRI woman fights off late-night robbers with sword in Punjab

NRI woman fights off late-night robbers with sword in Punjab

Rediff.com21 Feb 2026

An NRI woman in Ludhiana, Punjab, bravely thwarted an alleged robbery attempt by wielding a sword against two bike-borne individuals who were following her car.

Bank of Baroda Hit by Cyberattack

Bank of Baroda Hit by Cyberattack

Rediff.com28 Jul 2026

The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com25 Jun 2026

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Maharashtra Cyber Nabs Telegram Seller In Child Exploitation Case

Maharashtra Cyber Nabs Telegram Seller In Child Exploitation Case

Rediff.com4 Jun 2026

Maharashtra Cyber has arrested a Telegram-based seller, Adiraj Rajendra Bait, for allegedly dealing in Child Sexual Exploitation and Abuse Material (CSEAM). The arrest followed an extensive investigation involving digital ecosystem monitoring, technical verification, and forensic analysis of the accused's mobile phone.

India's FCNR (B) Inflows Fall Short of Expectations, Rupee Weakens

India's FCNR (B) Inflows Fall Short of Expectations, Rupee Weakens

Rediff.com17 Jul 2026

Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Overseas Indian Deposit Flows Drop by 24% to $11.04 Billion

Overseas Indian Deposit Flows Drop by 24% to $11.04 Billion

Rediff.com24 Apr 2026

Flows from overseas Indians into Non-Resident Indian (NRI) deposit schemes have fallen by 24.17 per cent to approximately $11.04 billion between April 2025 and February 2026, down from $14.56 billion in the previous year, according to Reserve Bank of India (RBI) data.

At 94, Andhra woman renounces US citizenship to die an Indian

At 94, Andhra woman renounces US citizenship to die an Indian

Rediff.com26 Jun 2026

A 94-year-old woman, K Mahalakshmamma, who lived in the United States for over two decades, has renounced her American citizenship to return to her native village in Andhra Pradesh and die as an Indian citizen. She underwent an oath-taking ceremony before the Bapatla District Collector, and her application for Indian citizenship restoration has been forwarded to the Ministry of Home Affairs.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

Farah-Riteish Bring Lock Upp: Sach Ya Saza On OTT

Farah-Riteish Bring Lock Upp: Sach Ya Saza On OTT

Rediff.com26 Jun 2026

Brace yourself for tons of drama on OTT this week.

Rs 10K Or Rs 1 Cr: Your NEET Rank Shapes College Costs

Rs 10K Or Rs 1 Cr: Your NEET Rank Shapes College Costs

Rediff.com9 Jul 2026

If your All India Rank (AIR) is in the three digits, you could get a seat at one of the prestigious AIIMS colleges and pay tuition fees of just under Rs 10,000 for the entire course. At the other end of the spectrum, if your AIR is in the lakhs, you could end up shelling out a crore at a private or deemed institution.

10 Football Fever Moments From Bollywood

10 Football Fever Moments From Bollywood

Rediff.com22 Jun 2026

Exploring memorable scenes that celebrate football in the movies.

India's Remittances Stay Strong Amidst West Asia Conflict

India's Remittances Stay Strong Amidst West Asia Conflict

Rediff.com18 Jun 2026

India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.

'Migrants Lost Confidence After The War'

'Migrants Lost Confidence After The War'

Rediff.com20 Jun 2026

'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'

Mammootty's 10 Best Roles From This Decade

Mammootty's 10 Best Roles From This Decade

Rediff.com26 Jun 2026

From Peranbu to Bramayugam, Padma Bhushan winner Mammootty's recent filmography is proof that legends can keep reinventing themselves, even post 70.

A Double Dose Of Akshay Kumar

A Double Dose Of Akshay Kumar

Rediff.com23 Jun 2026

Before Welcome to the Jungle, here's a look at the movies where Akshay Kumar tried to entertain us in double roles.