Focus Story

Majority of 13.6 million NRIs live in Middle East: MEA

There are over 13.6 million Indian nationals living abroad, according to data tabled by the Indian Ministry of External Affairs in Lok...

Punjab CM promises NRIs that he will look into settling cases of those declared offenders in absentia

Speaking before NRIs in Jalandhar, Punjab Chief Minister Amarinder Singh assured them that he would initiate the process of setting up...

PM Modi meets Nobel laureate Abhijit Banerjee, tweets ‘India proud of his accomplishments’

Indian-American Nobel laureate Abhijit Banerjee and his wife Esther Duflo, who jointly won the Nobel Prize for Economics this year, met...

Indian Supreme Court asks J&K authorities to reply to plea for detained NRI businessman

Hearing the case of an NRI businessman who has been detained in Jammu and Kashmir (J&K) following the abrogation of provisions of Article...

Indian government receives over 4,700 complaints from spouses abandoned by NRIs

National Commission for Women (NCW) chairperson Rekha Sharma said that more than 4,700 complaints of women who were abandoned by their NRI...

NRIs in UAE gearing up for 2nd India Real Estate Show

The second edition of the India Real Estate Show (IRES) will be held on October 18 and 19, 2019, at the Jumeirah Emirates Towers, Dubai.

India real estate: Safeguarding against fly-by-night operators

The Indian real estate market has always attracted considerable interest from the expatriate Indian diaspora.

New EB-5 visa rules make it tougher to get Green Card

Indian investors will now find it more difficult to get an American Green Card with the United States government changing the rules for...

Stick to sovereign, low-risk India bonds for predictable returns

The bond market in India is under stress since last September, and it may be prudent for investors – both NRIs and domestic, to avoid...

Health Minister calls for NRI doctors to help with healthcare in India

Indian Union Health Minister Dr Harsh Vardhan announced special support from the government to NRI physicians willing to return to India and...

Understanding the “risk free” bond market in India

The bond market in India is quite vibrant, particularly for sovereign bonds. And, in order to be an informed investor either in the market...

NRI women safety cell inaugurated in Hyderabad

An NRI women safety cell was inaugurated by Director General of Police M Mahendar Reddy in Hyderabad on Wednesday to deal with matrimonial...

State Bank of India offering home loans to NRIs

India’s largest bank, the State Bank of India (SBI), has announced the launch of a scheme providing home loans to Non-resident Indians...

Selecting the right bond funds in India for investment

The bond market in India continues to look attractive for Non-Resident Indians to invest, but caution is needed in choosing the right funds...

Non-Resident Indian deposits in India - May 2019

Below are the latest data on Non-Resident Indian deposits in India, according to the Reserve Bank of India.

US lawmakers pass bill to lift country-cap on Green Cards

United States lawmakers passed a bill on Wednesday, which will lift the current seven per cent country-cap on issuing Green Cards. The move...

Debt mutual funds gain after India budget

The Indian government’s latest budget has laid the roadmap for a deeper and wider bond market in India. The initial documentation and...

Good news for H-1B visa holders as US Congress to vote on Green Card bill

The United States House of Representatives will vote Tuesday on a legislation that seeks to lift the per country-cap on issuing green cards.

No proxy voting rights for overseas Indians for now

According to reports, the Indian government has decided to hold back its plan to introduce a fresh bill in Parliament which would allow the...

Bond-ing with India: Investing directly or through mutual funds

Indian stock market indices (NSE Nifty and BSE Sensex) are near all-time highs and economic growth has declined significantly, and thus...

Special Non-Resident Rupee accounts: No interest but repatriable

In our NRI personal finance series this time we look at the rules governing Special Non-Resident Rupee Account (SNRR).

Foreign Currency Non-Resident accounts: In nine currencies, no tax and repatriable

In our NRI personal finance series this time we look at the rules governing Foreign Currency Non-Resident (Banks) accounts.

Opportunities to get yield in Indian fixed income

It is challenging not only for Non-Resident Indians and Persons of Indian Origin (PIOs) but also for most resident individuals in India to...

Indian government unlikely to allow dual citizenship: Chauthaiwale

The Indian government is unlikely to allow dual citizenship, at least in the near term, Dr. Vijay Chauthaiwale, in-charge of the Bharatiya...