Business
RBI influence in Forex may decrease with FIIs in currency futures
The Securities and Exchange Board of India's (Sebi) proposal to allow foreign institutional investors (FIIs) in currency futures trading may…
Business
Stories
Business
NRIs invite Trump Jr to invest in Gujarat
A Non-Resident Indian of Gujarati origin has extended an invitation to Donald Junior from Trump Tower Corporation, a leading real…
Business
RBI allows issue of FCEBs
The Reserve Bank of India (RBI) has allowed Indian companies raise foreign capital by issuing foreign currency exchangeable bonds (FCEBs)…
Business
Global Financial crisis to affect Foreign Investment in India
The global financial crisis will have an indirect effect on the Indian economy as it will lead to liquidity tightening…
Business
South Indian Bank increases NRE, FCNR Deposit Rates
South Indian Bank has hiked the interest rates on Non-Residential External (NRE) and Foreign Currency Non-Resident (FCNR) fixed deposits.
Business
NRIs looking towards Home for Career Opportunities
After the US financial crisis, non-resident Indians are looking towards their homeland for career opportunities.
Business
Bank of Maharashtra introduces Maha-Bharati-NRI service
On the occasion of their 74th foundation day, Bank of Maharashtra (BoM) announced its plans to introduce customer-friendly schemes for…
Business
Citi and Andhra Bank tie up to provide Remittance Services
Citi's Global Transaction Services has been appointed by Andhra Bank in India to provide a range of white-labeled global remittance…
Business
RBI hikes Interest on NRI Deposits
The global market crisis is affecting the Indian market too. The Reserve Bank of India (RBI) stepped in with measures…
Business
Gulf NRIs investing in Lucknow
Recent trends in Lucknow suggest that Gulf NRIs form the major chunk of investors for affordable realty deals in the…