The West Bengal will appeal to the larger bench of the SC against an order of the court scrapping admission of 69 NRI students.
Leading Non-Resident Indian entrepreneur Raj Loomba, a campaigner of widows' rights, Surina Narula, champion of street children in India and 16 others have been chosen for the Queen's Birthday Honours this year.
RBI has posted detailed instruction on its website clearly showing the eligibility conditions and other necessary documents required to be tendered for exchange of old currency notes
According to the Income Tax Act, there are two main benefits available for senior citizens. First, a higher exemption limit of Rs 1,95,000 for someone who has crossed 65 years. Also, there is a higher deduction of Rs 20,000 available for payment of premium for a medical or a health insurance policy.
Sending money to families in India will get more expensive
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 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, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
"Today, 23 million Indian reside abroad. Either, they are citizens of other countries or they are working there. So it is essential that whichever country you go, you make that country a winner," he said, and added, "That is your mission. I am sure the JSS Spiritual Mission in USA will definitely spread this mission."
Less than one-third of the $14 billion remitted to India by Non-Resident Indians every year go through the legal channel, K Noorjehan, chief postmaster general, has said.
ABN Amro Bank has launched a new fixed income investment plan for Non-Resident Indians offering them attractive fixed investment opportunities in the face of maturing Resurgent India Bonds.
In a bid to target Resurgent India Bondholders looking at long-term investment opportunities, SBI Life Insurance Company Ltd on Monday introduced 'Setubandhan', a policy aimed at non-resident Indians with an assured return of five per cent per annum.
The tsunami of recession that originated in the Wall Street and spread to Europe did not affect India because our banks are conservative, said Overseas Indian Affairs Minister Vayalar Ravi while addressing a seminar at the 10th Pravasi Bharatiya Diwas in Jaipur on Sunday.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
After yoga and meditation, it is now designer smiles, fresh crowns and tooth implants, which promise a refashioned "nirvana" for an increasing number of foreigners and Non-Resident Indians (NRIs) visiting Jalandhar.
The Election Commission is yet to hear from the government on Prime Minister Manmohan Singh's idea of overseas Indian passport holders voting in the next general elections.
For the 25 million Indians living abroad, getting information about their country especially the growing investment opportunities in various sectors would now be just a click away.
India urges NRIs to invest in media, entertainment
Wishing to arrange a wedding in India in a royal way with a procession of vintage cars, liveried guards, horses with lancers and ornate ceremonies in the style of the Maharajas in heritage palaces? A travel company offers it all.
Prime Minister Atal Bihari Vajpayee is likely to announce on Thursday the government's decision on grant of dual citizenship at a conference of over 1,000 PIOs and NRIs in New Delhi.
Developers of premium apartments luxury specifications in their high-end duplexes and penthouses -- central AC, bathtubs and jacuzzis in the master bedroom, even a lap-pool.
'Indian grocery stores earned more profits in the last three weeks than they do during Diwali.'
The Foreign Investment Promotion Board on Friday gave conditional approval to the proposal of InterGlobe Aviation which would pave the way for fresh foreign direct investment in private air carrier IndiGo.
"The window (for NRIs) is open till June 30 in which people can deposit cash. And after adding all these, we will give out the number," Mundra said.
Chauhan pointed out that Madhya Pradesh has made major strides in development in various spheres in recent years.
Investment by NRIs in these instruments will be in accordance with the extant policy for investment by NRIs in other debt instruments. \n
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.
Rich flow of funds has made Dharmaj one of the richest and most literate villages not only in the state but across the country
As part of its overseas expansion strategy, Tanishq is planning to open its first exclusive company-owned outlet in the US. It is currently present only in West Asia with a few shop-in-shops.
The government expects non-resident Indians to pump in about $500 billion into the burgeoning forex reserves of the country in the next 10 years, making them the single largest source of foreign receipts.
The steady increase in Indian interest rates is making bank deposits a popular investment option among the Gulf-based Non-Resident Indians.\n\n
For the 40 young non-resident Indians, who participated in the Pravasi Bharatiya Divas in Jaipur, their visit to the country has been a bitter-sweet one. They were floored by the vibrant culture and impressed by e-governance projects, but disturbed by corruption and other scams plaguing India, says Priyanka
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