News for 'nri'

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.

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.

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.com6 days ago

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.com4 days ago

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.

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.com1 days ago

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.com5 days ago

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

Before Toxic, 15 Films That Broke Their Directors' Moulds

Before Toxic, 15 Films That Broke Their Directors' Moulds

Rediff.com5 days ago

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.

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.

10 Films That Took Age-Gap Romance Seriously

10 Films That Took Age-Gap Romance Seriously

Rediff.com6 days ago

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.'

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.

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.

'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.'

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.

India records $7.1 billion current account surplus in Q4 FY26

India records $7.1 billion current account surplus in Q4 FY26

Rediff.com8 Jun 2026

India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.

Balan: The Boy Review: *Almost* Nails It!

Balan: The Boy Review: *Almost* Nails It!

Rediff.com20 Jun 2026

A riveting mother-son drama with a superb first half, Balan: The Boy loses some of its grip after an ambitious but uneven turn, notes Sreeju Sudhakaran.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Rediff.com12 Jun 2026

Main Vaapas Aaunga transcends its flaws to deliver a profoundly moving plea for humanity, anchored by heartbreakingly brilliant performances, observes Sreeju Sudhakaran.

NEET UG Cancellation: How to Claim Your 100% Fee Refund Online

NEET UG Cancellation: How to Claim Your 100% Fee Refund Online

Rediff.com21 May 2026

The NTA has also confirmed that the upcoming re-examination, scheduled for June 21, 2026, will be conducted entirely free of cost for all previously registered candidates, funded fully through the agency's internal reserves.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Rediff.com29 Mar 2026

A 29-year-old woman from Mumbra was allegedly defrauded of Rs 6.75 lakh (6,750) by an individual posing as an NRI on a matrimonial website. The accused claimed to be a UK resident and convinced the victim to transfer funds for customs clearances.

Sharad Satya Chauhan Named Punjab Vigilance Bureau Chief in Police Reshuffle

Sharad Satya Chauhan Named Punjab Vigilance Bureau Chief in Police Reshuffle

Rediff.com6 Apr 2026

Senior IPS officer Sharad Satya Chauhan has been appointed as the Punjab vigilance chief as the state government shifted six IPS officers in a reshuffle.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

Horror Rules OTT!

Horror Rules OTT!

Rediff.com1 May 2026

This week's OTT releases offer a diverse range of genres, from the controversial sequel The Kerala Story 2 and the action-packed Man on Fire to the horror-comedy Raakaasa and the political satire TN 2026, ensuring there's something for every viewer.

Operation CyHawk 4.0: Delhi Police Arrests Over 600 in Cybercrime Sweep

Operation CyHawk 4.0: Delhi Police Arrests Over 600 in Cybercrime Sweep

Rediff.com8 Apr 2026

Delhi Police arrested over 600 individuals and detained more than 8,000 suspects during Operation CyHawk 4.0, a major crackdown on cybercrime.