NRI Top Stories, News – June 2007
HDFC Home Loans from Citigroup
Friday, June 01, 2007 : Citigroup, the financial services giant, will sell HDFC home loan products through all its branches in India alongside its own loan services.
23 FDI proposals meet Indian Government Approval
Friday, June 01, 2007 : Foreign Direct Investment (FDI) proposals worth Rs.418.33 crore were cleared by the Finance Ministry yesterday, based on the recommendations of the Foreign Investment Promotion Board (FIPB).
FDI Performance Report: Quantitative Improvement, states RBI
Friday, June 01, 2007 : Foreign direct investment to India during 2006-07 trebled over the last year, the RBI announced yesterday. FDI accounted for USD 17.1 billion of a total of USD 27.3 billion of capital inflows during the year.
Indian Stock Market Joins the Trillion Dollar Club
Friday, June 01, 2007 :May 2007 will go down in history as the month of trillions – after the trillion dollar mark touched by India’s GDP, and then the net worth of NRIs, it is now the turn of the Indian stock market to do so.
Photo: Street views from car in Hyderabad (39017) by Syced, licensed under CC0, via Wikimedia Commons.
