nri news

  • Nomura sees Nifty hitting 12,900 by March 2020, up 11% from current levels

    Returns are more likely to come from specific firms which are poised to do well rather than a uniform, market-wide surge

  • Two killed as building collapses in Mumbai's Dongri area, 40 feared trapped

    The 'Kesarbai' building, located in a bustling narrow lane in Tandel Street of Dongri area of south Mumbai, crashed around 11.40 am

  • Does a contrarian investing strategy yield better results? An analysis

    When consensus recognises the changing fortunes of an underlying business and upgrades ratings, it pays to be among the early birds in investing in such a business

  • Auto sales skid 10 months on the trot, new vehicle registrations down 5.4%

    Industry cites tight liquidity, dealyed monsoon; dealer inventories brought down with some help from manufacturers

  • Banks warn of 'severe plunge' in recoveries after bankruptcy ruling

    Banks are joining foreign funds including SC Lowy in predicting risks from the Essar Steel sale


  • Your Debit Card Guide

    Debit cards look like credit cards or ATM (automated teller machine) cards, but operate like cash or personal cheques. A […]

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  • Resident Foreign Currency – Resident Foreign Currency

    Account Opening These accounts can be opened by returning NRIs/ PIOs to transfer balances held in NRE/ FCNR(B) accounts. RFC […]

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  • Who are NRIs, PIOs and OCIs?

    Individuals living overseas can be classified into three major categories — Non-Resident Indians (NRI), Persons of Indian Origin (PIO) and […]

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  • Being A Money Mule Might Be Against The Rules.

    Money transfer agents, or ‘money mules’ as they are commonly known, are people who offer their bank accounts for use […]

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  • Returning Indian – Impact on Assets

    Returning Indians (RI) are those Indians who are likely to return to India for good from the country where they […]

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Budget Highlights - FY2020