Jaitley said, RBI will decide by assessing market situation
SBI expects to firm up its new deposit investment scheme aimed at the expatriates, including the Resurgent India Bond holders, in the next two to three weeks.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Leading London-based NRI industrialists have evinced "keen interest" in investing in new projects in Uttar Pradesh including a new airport near Delhi, a senior state official said on Tuesday.\n\n\n\n
A coalition of Indian-American organisations, the Indian National Overseas Congress and the Indian Muslim Council-USA have demanded action against the people who admitted on tape to participating in the post-Godhra massacre.
The scheme has been launched in the US, the UK, Canada, Australia, New Zealand and the Gulf, and is aimed at helping women who have been deserted by their overseas Indian spouses or are facing divorce proceedings.
Singh has also sought details from the Finance Ministry on the issue, said Chandy who raised objections before the Prime Minister over the reported move by the Government to levy the tax on the money of Indians working abroad.
A blanket ban may be imposed soon on NRIs, PIOs and foreigners having children through surrogacy in India with the Union health ministry and the National Commission for Women proposing it as part of a new legislation.
Foreigners and NRIs would now be able to book train tickets in India online by using international debit and credit cards through IRCTC website.
Four non-resident Indians and two Ghana citizens of Indian origin, who were charged by Scotland Yard on May 18 for allegedly trafficking an Indian woman from Hyderabad for sex, will now face trial in October.
A record number of eight Indian-origin candidates including two women have been elected to the British parliament, setting a new record for representation of ethnic minorities in the UK.
According to sources, the central bank is keen on such a scheme to attract foreign exchange, as the country's reserves have seen a depletion in the wake of a weakening domestic currency.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
The proposals were discussed at a recent meeting between Overseas Indian Affairs Minister Vayalar Ravi and Minister of State for Women and Child Development Renuka Chowdhury, an official said.
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
Two non resident Indian owners of a motel in New Jersey, where a fire killed three persons and injured 14 others because the exit doors were allegedly illegally locked, have been indicted on charges of manslaughter.
The families of the poor fishermen from Tamil Nadu, who were arrested while fishing in Iranian waters for their Saudi Arabian employers, are running on faith and compensation from the state government, reports A Ganesh Nadar
Vivek Gogia, Additional Commissioner of Police, economic offences wing, Delhi Police, agreed that NRIs usually came with two complaints -- tenants who refuse to vacate their premises, and builders who do not deliver on time -- both of which are criminal offences.
Inaugurating the eighth edition of the Pravasi Bharatiya Diwas, Dr Singh said: "I recognise the legitimate desire of Indians living abroad to exercise their franchise and to have a say in who governs India. We are working on this issue and I sincerely hope that they will get a chance to vote by the time of the next regular general elections."
The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen since 2019, but said it is seeking details from Swiss authorities on the relevant facts along with their view on possible reasons for changes in the funds parked by individuals and entities in 2020. In a statement, the ministry said the deposits have halved but did not give numbers. Quoting data from Switzerland's central bank, PTI had reported on June 17 that funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 13-year high of 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell.
'Things started to get a bit more real when my classes were moved online -- for the first time in my school experience -- for two weeks.' 'Then four weeks. Then two months.'
After the Pravasi Bharatiya Divas, Priyanka asks Overseas Indian Affairs Minister Vyalar Ravi the tough questions about voting rights, investments, and other issues faced by Non-resident Indians.
Addressing the 10th Pravasi Bharatiya Divas in Jaipur, Prime Minister Manmohan Singh said that Non-Resident Indians would be allowed to vote and participate in the election process.
The cards should be issued strictly for use in India and transactions settled in Indian rupee.
The general perception amongst experts is that until the global macro-economic environment stabilises, the rupee will continue to be under pressure.
The finding also highlights that for a majority of reverse migrants, job satisfaction levels in India will outshine their previous overseas jobs within the next 2-3 years.
There would be an increase in NRI investment in India post elections.
Complaints to NCM fall down sharply...4,000 Indian women deserted by NRI husbands since 2016...79 districts in India still don't have blood banks...
Indians working abroad sent a whopping $21.7 billion to their kin in 2004, making the country the highest recipient of remittances worldwide
The government on Wednesday said that a consortium of overseas Indians is expected to take a final decision on whether to set up a semiconductor chip manufacturing facility in India or not by the end of this year.
Minister for Corporate and Minority Affairs Salman Khursheed may have done a superb job of handling the Satyam fiasco, but he was put in a spot on Thursday by angry NRIs who wore T-shirts reading: Victims of Maytas.
