The share of dollar-denominated debt in the total external debt declined to 54.4 per cent as on end-June 2009, from 56.3 per cent as on end-March 2009, according to Reserve Bank of India data.
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.
Barjeel Geojit Securities has launched an online platform for NRIs to trade Indian Mutual Funds.
Montek Singh Ahluwalia appealed to the Indian Diaspora at the PBD gathering to support health care ventures of the Indian government, for people below the poverty line.
GST will now apply to mutual funds, loan instalments and credit card dues.
"We are looking into the issue because we have received many requests. We will permit NRI fund managers who have at least a year's experience in managing FII funds as long as they do not put their proprietary funds into it," confirmed a senior Sebi official.
Under the scheme titled Scholarship Programme for Diaspora Children, 100 admission-cum-scholarships will be offered each year for undergraduate courses.
Don't get swayed away by the convenience of new age investing. The hidden costs could be a bit more than what you bargained for.
Tamil Nadu, the country's third largest IT services exporter, on Friday said it no longer needed investments in the sector and instead asked non-resident Indians to pump in money in manufacturing, be it even for brick kilns.
Around 300 non-resident Indians from the United States will attend a solidarity rally in Mumbai January 10 to pay homage to those who lost their lives in the 26/11 terrorist strikes on Mumbai. The January 10 date was fixed so that NRIs who are attending the seventh annual Pravasi Bharatiya Divas at Chennai, which ends January 9, can travel to Mumbai for the event and still make it for the January 12 inauguration of the Vibrant Gujarat event.
The presence of Vaz, parliamentarian from Indian-dominated Leicester East, and a fellow Labour MP, Joan Ryan, drew an angry response from the Sri Lankan High Commission, which released a statement claiming that the event was a 'clear violation of the UK terrorism laws.'
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
Popular Non Resident India poetess Sujata Bhatt and five others were short-listed on Friday for Britain's most valuable poetry prize. The 52-year-old Ahmedabad born writer has been chosen for the 10,000-pound Forward Prize for her collection Pure Lizard.
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
PINS -- or Portfolio Investment Scheme -- is the permission that a Non-Resident Indian requires to trade in the Indian stock market. Normally, the bank obtains this for you. An NRI can have only one PINS account current at one time.
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.
Intending to showcase the rich heritage, the train will start its journey from Bangalore and pass through Mysore, Hassan, Hospet, Gadag, Londa and finally culminate in Goa. It will be equipped with five star facilities including spa, restaurant, bar.
Here we take a look at income tax rules governing income tax for the NRIs in India.
Anand also authored a book The Cure: How A Father Raised $100 Million and Bucked the Medical Establishment in a Quest to Save his Children in 2006.
Today, NRIs are eager to reconnect with India because India is a growth story and it makes good business sense.
The helpline, Open 24x7, could be used by NRIs in distress to address their problems to the concerned officials in the ministry.
Balbir Matharu, 54, who hailed from Punjab, was killed after confronting the drug addict duo when he saw one of them smash the window of his white Mercedes van. Matharu was working at his family building firm in Stratford in east London when the incident occurred on January 12, 2006.He chased the thieves, who ran and jumped into a waiting Ford Mondeo and knocked him as he tried to stop their getaway."The crime is beneath contempt," Judge Moss told the brothers.
A father-son duo killed in the attack hailed from Vadodara and their family back home is shattered.
Anil Ambani Group firm Reliance Money on Friday announced its foray into Europe by setting up operations in Ireland and the UK and is looking to tap over two million non-resident Indian population in the region.
'Open conflict would be a disaster for both China and India.'
In both constituencies, the Conservative party candidates finished third and in Sedgefield, the Liberal Democrats edged them out from the second position.
Only Rs 10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government's effort of curbing black money through the demonetisation.
The company has plans to open offices in the US, Singapore and other parts of West Asia such, such as Oman and Qatar in the next couple of years. "The NRI community is totally underserved. We want to tap the vast business potential arising from 2.5 crore (Rs 25 million) NRIs working abroad,'' said Kapil Wadhawan, vice chairman and managing director, DHFL.
Non-Resident Indian academic Suresh Deman seems to have made it a full-fledged profession to sue universities and cash in on Britain's rights culture as he pocketed a whopping 2 lakh pounds in payouts and cost the taxpayer an estimated 1 million pounds.
Maoist leaders in India have decided to enroll non resident Indians and foreigners living in India as members. This is seen as a first major change in its strategy to widen their support base to intensify the armed struggle. The Communist Party of India-Maoist, a banned outfit, considered powerful and active in several states in India, in its recently released new Constitution made it clear that it is in favour of enrolling NRIs and foreigners as members.
The programme, which aims to fulfil the requirements of a new generation of entrepreneurs and family businesses, is jointly offered by IIM-B and U21 Global. They now aim to take the programme abroad, offering it to non-resident Indians in south east Asia and West Asia.
Indian property market has been increasing at between 30-35 per cent per annum, and will continue to see huge demand in the coming years.
The Bollywood Music Awards see Aap Kaa Surroor and Guru compete in the major categories.
Nowhere else has caste, power politics, and generational change come together to form a combination so potent that it is combustible.
Non-Resident Indians for a Secular and Harmonious India, along with three other organisations of NRIs, have asked the New York Times to disown the remarks made against Congress President Sonia Gandhi in a full page advertisement by the Gandhi Heritage Foundation on Saturday. In a letter sent to the editors of the paper, the organisations said that the advertisement was not only in 'extremely poor taste' but also 'misleading and offensive'.
Part of Sekhar's donation will be used to finance a scholarship fund which will allow students from across Asia to study at St Andrews. The medical school is expected to start construction this summer, pending planning approval, and is due to be completed by 2010.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
As part of the fund mobilisation move, the cabinet decided to seek financial aid from abroad through non-resident Keralites, from major cities in the country and also from educational institutions in Kerala.
Newspapers and other news and current affairs publications in the country may soon be able to appoint foreigners and Non-Resident Indians (NRIs) at senior editorial and management positions.
The state government, a few years ago, started a matching grant scheme for NRIs who wanted to invest in the development of their villages, and the scheme proved attractive for NRIs, especially in the Doaba region.
