December 24, 2024 01:47 am (IST)
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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

SEBI allows NRI, OCI participation in IFSC-based FPIs to bolster investments in India

Jun 28, 2024, at 11:17 pm

Mumbai: The Securities and Exchange Board of India (SEBI) has approved major changes to enhance investments in India by Foreign Portfolio Investors (FPIs) based in International Financial Services Centres (IFSCs), media reported.

Federal Bank launches NR savings accounts for NRI women

Jul 25, 2023, at 11:20 pm

Mumbai: Federal Bank, on the occasion of the start of the FIFA Women’s World Cup, announced the launch of an exclusive NR savings account scheme, specifically curated for Non-Resident Indian (NRI) women.

NPCI allows NRIs from 10 nations without Indian phone nos. to use UPI facility

Jan 12, 2023, at 04:44 am

New Delhi/IBNS: Non Resident Indians (NRIs) from 10 countries, who hold NRE or NRO accounts, will be able to use Unified Payments Interface (UPI) platforms with their international mobile numbers.

Overseas Indians increased inward remittances by 12 pc to $100 billion in 2022: Sitharaman

Jan 11, 2023, at 05:06 am

Indore: Union Finance Minister Nirmala Sitharaman on Tuesday underscored the contribution of the Non-Resident Indians while stating that the inward remittances for the year 2022 increased by 12 percent to about USD 100 billion, said media reports.

NRIs, OCIs don't need RBI's approval for buying immovable property in India

Dec 30, 2021, at 06:26 am

Mumbai/IBNS: The Reserve Bank of India (RBI) has said NRIs and OCIs do not need its prior permission for the sale and transfer of immovable properties in India, other than agricultural land, farm houses, plantation properties. 

Union Budget: Government to consider issuing Aadhaar Card for NRIs with Indian Passports

Jul 05, 2019, at 04:45 pm

New Delhi, July 5 (IBNS): The Union Finance Minister proposed to consider issuing Aadhaar Card for Non-Resident Indians with Indian Passports.  She also proposed to launch a Mission that will integrate India’s traditional artisans and their creative products with global markets. Wherever necessary patents and geographical indicators, will be obtained for them.

NRI investors sue ICICI Venture at top court in Mauritius

Oct 29, 2014, at 05:45 pm

Mumbai, Oct 29 (IBNS): A group of 69 non-resident Indian (NRI) investors said on Tuesday that they had sued ICICI Venture at the Supreme Court in Mauritius, media reports said.