News for 'remittance'

What will Modi 2 give India?

What will Modi 2 give India?

Rediff.com13 Apr 2019

'What will this supposedly more business-friendly government do if it gets a second term?' 'Important labour law and land reforms remain off the table.' 'Witness the arm-twisting of foreign players in e-commerce and all but one player in telecom -- and it is very hard to justify this perception that the BJP is business friendly.' 'There will also remain the real risk of ideas seemingly gleaned from the pages of Amar Chitra Katha, overlaid with PowerPoint presentations,' predicts Rahul Jacob.

NRIs in UAE send $9.5 bn back home

NRIs in UAE send $9.5 bn back home

Rediff.com22 Feb 2005

Forex reserves cross $102 billion

Forex reserves cross $102 billion

Rediff.com10 Jan 2004

Record inflows of over $1.5 billion saw India's foreign exchange reserves cross $102.1 billion for the week ended January 2, 2004.

Achche din for IPO investors

Achche din for IPO investors

Rediff.com9 Mar 2018

2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.

India's forex reserves at $100.049 billion

India's forex reserves at $100.049 billion

Rediff.com27 Dec 2003

India's foreign exchange reserves crossed the $100 billion mark during the week ending December 19 and stood at $100.049 billion.

RBI to allow investment by NRIs

RBI to allow investment by NRIs

Rediff.com5 Dec 2003

The Reserve Bank of India has allowed investments by NRIs or Persons of Indian Origin in the capital of an entity or a proprietary concern on a non-repatriation basis, subject to certain norms.

Now, a wallet telephone software

Now, a wallet telephone software

Rediff.com31 Dec 2004

The UAE exchange will launch an innovative remittance facility called wallet telephone software in Dubai on January 10 and later extend it to other Gulf countries and India.

Money from abroad, in a jiffy

Money from abroad, in a jiffy

Rediff.com18 Nov 2003

Dena Bank to open 40 'Finmarts'

Dena Bank to open 40 'Finmarts'

Rediff.com3 Dec 2004

As a part of its growth strategy, Dena Bank plans to open at least 40 'Finmarts', which will provide nine kinds of loans, across the country, a top bank official said.

PM Modi to review GST, black money policy on Tuesday

PM Modi to review GST, black money policy on Tuesday

Rediff.com28 Apr 2017

Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year

SBI Life introduces new policy to woo NRIs

SBI Life introduces new policy to woo NRIs

Rediff.com6 Oct 2003

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.

L'affaire Mallya: More banks get ED call for financial details

L'affaire Mallya: More banks get ED call for financial details

Rediff.com15 May 2016

The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week

Residents can borrow up to $250,000 from relatives

Residents can borrow up to $250,000 from relatives

Rediff.com2 Oct 2003

Liberalising and simplifying the existing regulations, Reserve Bank of India on Wednesday said an individual resident may borrow up to $250,000 or its equivalent from close relatives residing outside India, subject to certain conditions.

World Bank, IMF to fight terrorist funding

World Bank, IMF to fight terrorist funding

Rediff.com19 Sep 2003

Concerned over terror funding, the World Bank and the IMF have launched an intense programme using a comprehensive methodology involving 75 client countries to identify the means of formal and information remittances used for money laundering.

India's forex reserves surge past $112 billion

India's forex reserves surge past $112 billion

Rediff.com10 Apr 2004

India's foreign exchange reserves surged ahead in the first week of the new fiscal following fresh accretion of over $1 billion to move past the record levels of $112 billion during the week ended April 2, 2004.

Forex reserves cross $71 billion

Forex reserves cross $71 billion

Rediff.com18 Jan 2003

The rise in India's foreign exchange reserves continued with further fresh inflows and export remittances of $595 millon pushing the forex reserves past the $71 billion mark during the week ended January 10.

Where is the rupee headed?

Where is the rupee headed?

Rediff.com27 Sep 2004

Dubai court orders Michel's extradition in VVIP chopper case: Report

Dubai court orders Michel's extradition in VVIP chopper case: Report

Rediff.com19 Nov 2018

The ED, in its chargesheet filed against Michel in June 2016, had alleged that he received 30 million (about Rs 225 crore) from AgustaWestland.

Forex reserves rise to $103.82 bn

Forex reserves rise to $103.82 bn

Rediff.com17 Jan 2004

India's foreign exchange reserves surged ahead by a record inflow of over $1.7 billion to touch $103.82 billion during the week ended January 9, 2004.

AI creating jobs, not stealing them

AI creating jobs, not stealing them

Rediff.com9 Sep 2017

'More than 900 companies believe that the majority of their employees worry about AI's role in potential job losses.' 'It makes employees anxious about working with machines or AI applications and fuels resistance to change,' says a Capgemini report.

Rupee hits new 38-month peak against dollar

Rupee hits new 38-month peak against dollar

Rediff.com7 Oct 2003

After a brief overnight pause, the rupee climbed to a new 38-month peak against dollar early on Tuesday. In hectic trade at the Interbank Foreign Exchange market this morning, the rupee breached the crucial 45.40-dollar barrier and touched 45.36/37.

Rupee hits new 38-month peak against dollar

Rupee hits new 38-month peak against dollar

Rediff.com3 Oct 2003

Spurred by sustained heavy foreign funds inflows, export proceeds and expatriate remittances, the rupee surged by yet another 17 paise to hit a new 38-month closing peak of Rs 45.39/40 per dollar on Friday.

Forex reserves cross $75 billion

Forex reserves cross $75 billion

Rediff.com22 Feb 2003

The foreign exchange reserves during the week ending February 14 rose by $616 million mainly due to foreign investments and export remittances at $75,283 million, according to Reserve Bank of India

No plans to seek dollar loans to repay debt: India

No plans to seek dollar loans to repay debt: India

Rediff.com27 Jan 2003

India's top financial bureaucrat denied on Monday that the government was seeking dollar loans to repay some of its offshore debt.

Failed ATM withdrawals a concern: Ombudsman

Failed ATM withdrawals a concern: Ombudsman

Rediff.com28 Aug 2014

Close to 29 per cent of all complaints received from customers is related to ATM, debit card and credit card payments

Centre treating human rights organisations like criminal enterprises: Amnesty

Centre treating human rights organisations like criminal enterprises: Amnesty

Rediff.com26 Oct 2018

"As an organisation committed to the rule of law, our operations in India have always conformed with our national regulations. The principles of transparency and accountability are at the heart of our work.".

Forex reserves up $461 mn at $70.75 bn

Forex reserves up $461 mn at $70.75 bn

Rediff.com11 Jan 2003

Forex reserves up $461 mn at $70.75 bn

Forex reserves cross $68 billion

Forex reserves cross $68 billion

Rediff.com21 Dec 2002

India's foreign exchange reserves surged ahead and crossed $68 billion due to inflows of continuous export remittances and revaluation of Euro vis-a-vis the US dollar.

Forex reserves surge to record $67.753 billion

Forex reserves surge to record $67.753 billion

Rediff.com14 Dec 2002

India's foreign exchange reserves gained a record $828 million to $67.753 billion during the week ending December 6, 2002.

Bank customers can use post-office ATMs soon

Bank customers can use post-office ATMs soon

Rediff.com4 Mar 2016

The Budget for 2016-17 has announced a massive rollout of ATMs and micro-ATMs.

Gulf migrant workers will be biggest victims of oil shock

Gulf migrant workers will be biggest victims of oil shock

Rediff.com23 Mar 2016

Saudi Arabia relies more heavily on migrant labour than any other large country.

Forex reserves inch closer to $75 billion

Forex reserves inch closer to $75 billion

Rediff.com5 Apr 2003

After a dip last week, India's foreign exchange reserves again went up to record highs and were nearing the $75 billion mark during the week ended March 28, 2003.\n\n

Loan to Kingfisher: CBI names 5 IDBI Bank executives

Loan to Kingfisher: CBI names 5 IDBI Bank executives

Rediff.com10 Mar 2016

The CBI has shared its findings with the Enforcement Directorate.

India's BoP surplus at $1.9 bn

India's BoP surplus at $1.9 bn

Rediff.com1 Oct 2004

Driven by a surge in remittances by expatriates and software exports, India's balance of payments saw a surplus of $1.90 billion on current account for the first quarter ending June 2004 as against a deficit of $637 million

Forex reserves cross $69 billion

Forex reserves cross $69 billion

Rediff.com28 Dec 2002

The country's foreign exchange reserves jumped from $68.435 billion to $69.508 billion in the reporting period, according to Reserve Bank of India's weekly statistical supplement.

Rs 1.80 lakh cr bad loans likely to be recovered in FY'19

Rs 1.80 lakh cr bad loans likely to be recovered in FY'19

Rediff.com25 Sep 2018

After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.

'Modi buttered Trump up big time'

'Modi buttered Trump up big time'

Rediff.com25 Sep 2019

'Modi skillfully navigated Trump's ego and pushed the right buttons.' 'Critics assailed Modi's speech for its personalism, but in the Trump era this is par for the course.'