Foreign currency loans raised by Indian companies nosedived to $210 million in the September quarter (Q2), 93.3 per cent less than the year-ago period when five firms raised $3.1 billion. The Q2 amount is the lowest since December 2003 quarter when India Inc raised $191 million. Companies cited volatility in the currency markets, sharp rise in interest rates in the United States, and fund availability in India as the main reasons behind the sharp fall.
In this sixth part of a series, rediff India Abroad discusses another perspective in its analysis of the growing gun-culture among Indian Americans.
In this fourth part of a series, rediff India Abroad gets deeper in its analysis of the rising gun culture among Indian Americans.
In this second part of a series, rediff India Abroad brings forth some more perspectives to its analysis of the rising gun culture among Indian Americans.
But due to SEC diktats, funds that are US-based -- like Templeton, Fidelity and HSBC -- do not accept investments from NRIs.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
With the US education system operating independently from the government, universities are adopting varying strategies when it comes to Covid vaccination.
On becoming an NRI, legally you are required to inform all your banks and also all the companies where you have investments about the change in your status within a reasonable time.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment
Marriage should not stop us from having close friends of the opposite gender, says rediffGURU Shalini Singh.
Latest in our ongoing series of #India-Photos! You can share your travel photographs too. Post them on ZaraBol and we will carry select images on Rediff.com and India Abroad!
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
As Preet Bharara told Rediff India Abroad, "When is the last time you had two Indian Americans doing a law enforcement press conference" dealing with violations of civil rights and taking the city of New York to court?
'President Musharraf's role was not viewed with the negativity I had expected,' says K Alan Kronstadt, the US Congress' South Asian expert.
Reader Vinod Makkar spots the two stars at the Toronto International Film Festival.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.
Did you know Dev Anand worked as a clerk at a salary of Rs 85 before he became an actor?
Resident individuals can acquire and hold immovable property or shares or any other asset outside India without prior approval of the RBI.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
Being driven to abandon Indian middle-class values, asks Ajit Balakrishnan.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
Readers have been sharing their best travel images from around the country here! You can share your best #India-Photos too!
'Not for somebody else.' National Security Adviser M K Narayanan on the Indo-US nuclear deal.
The first leg of Micron's semiconductor play in Sanand is crucial for the company to sprint towards India's goal of joining the chip race.
