Guests were all praise for the Bihar government.
Of the total investments made last month, P-note holdings in equities were at Rs 61,786 crore and the remaining in debt and derivatives markets.
Most investors do not read between the lines regarding how rupee fluctuation impacts their investments.
According to a study by MyHiringClub.com, a recruitment tendering platform, hiring of NRIs accounted for 21 per cent of total recruitment activity during April-June, 2011, compared to 16 per cent in the year-ago period, representing a growth of 5 per cent.
India (NRIs included) goes crazy about gold jewellery.
A few adjustments can help foreign travellers and students reduce the impact of a falling rupee.
One cannot open a savings bank account, have a fixed deposit or a public provident fund.
President Pratibha Patil has approved the conferment of Padma Awards 2011. This year the President has approved 128 awards, including one duo case (counted as one) and 12 in the category of Foreigners/ NRIs/ PIOs/ Posthumous. These comprise 13 Padma Vibhushan, 31 Padma Bhushan and 84 Padma Shri Awards. There are 31 ladies among the awardees.
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors
Private sector lender ICICI Bank on Monday launched I-Express, an instant cross-border money transfer option for Non-Resident Indians (NRIs).
Non-Resident Indians can now cast votes in their home constituencies as the government has notified rules in this regard, fulfilling the longstanding demand of such people estimated to be 11 million.
Of the total investments made last month, P-note holdings in equities were at Rs 72,321 crore and the remaining in debt and derivatives markets.
'Virtual is the new Ritual and my mind often wonders: Did it have to take a microscopic inert organism to bring families closer?'
At the annual Pravasi Bharatiya Divas, organised by the government ostensibly to celebrate the country's connection with the 27-million-strong Indian diaspora living in 150 countries, Mr Ahluwalia said last Sunday that India was reaching out to NRIs not for their money, but because it valued the long, socio-cultural footprint all Indians living in India and abroad shared.
The Reserve Bank on Thursday eased foreign direct investment (FDI) norms and allowed banks to provide guarantees on behalf of NRIs to acquire shares and debentures in Indian companies.
'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'
On Wednesday, rupee depreciated to an all time low of 60.72 against dollar.
A longstanding wish of millions of Non Resident Indians for voting right in India has come true with the Centre issuing a notification to this effect to enable them to exercise their franchise.Parliament had in the monsoon session passed the Representation of People (Amendment) Bill, 2010 to allow NRIs to vote in Indian elections and now government has issued a gazette notification in this regard.
The limit on withdrawal from current accounts has been enhanced to Rs 100,000 per week.
'Makes one wonder how much of government will be left standing when this is finally over'
INX will trade initially in equity derivatives, currency derivatives, commodity derivatives including index and stocks
Former Union Minister Shashi Tharoor is back in the news over payment of money by the Organising Committee of the Commonwealth Games for consultancy services.
Swiss authorities have always maintained that assets held by Indian residents in Switzerland cannot be considered as 'black money' and they actively support India in its fight against tax fraud and evasion.
Upset over removal of 'UP Rising' posters at Pravasi Bhartiya Divas in Gujarat, Uttar Pradesh government has planned to organise a Diaspora conclave of its own for the first time next month to woo investors and associate NRIs in development of the state.
The ministry, under Ravi Shankar Prasad, will soon prepare a Cabinet note for bringing Aadhaar under its administrative jurisdiction.
Educational institutions in India have a quota system for non resident Indians (NRIs). But the catch is that the fees are higher than what resident students pay.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
"A lot of people in this country have given different definitions of secularism. I too have a right to give my own definition," Gujarat Chief Minister Narendra Modi said at a session of the Pravasi Bharatiya Divas in Delhi on Sunday, while replying to a query by New Yorker Sanjay Sinha."For me the definition of secularism is very simple: India first. That's it," Modi said, getting a huge round of applause from the NRIs.
Such holders will earn only post office savings account rate of 4 per cent and not the higher rate on those instruments when the status was one of resident.
They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners.
K Sera Sera Productions Ltd said it proposed issue of 80,00,000 equity shares on a preferential basis to strategic investors and NRIs.
'The only good thing that has come out of our current situation is that it has brought communities closer.' NRIs describe the impact coronavirus is having on their lives.
Banking laws for NRIs allow for the following deposit schemes, or simply put, accounts with authorized dealers -- banks and financial institutions authorized by Reserve Bank of India to deal in foreign exchange -- to be maintained in Indian rupees and in foreign currency.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Tere Bin Laden is free of drama and emotion. And it works.
'A proper system needs to be introduced to regularise unaccounted money in India or abroad for being used for the country's economic and infrastructural growth,' the IndusInd International Federation said in a pre-Budget memorandum to Finance Minister Pranab Mukherjee. The IIF also suggested that the country needs to take up electoral reforms. The NRIs favoured state funding of elections and stopping the 'flow of money into the parallel economy.'
The Dil Bole Hadippa actress has been confirmed as the second judge of Dance Premier League after Madhuri backed out.
It has been decided to reduce home loan rate by 20 basis points.
Abhijith Gopinath aka A.B.I was mocked through school and college. He found solace in hip-hop and chose love over hate.
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