Will ED crackdown stem the great Indian Dubai rush?
Increased scrutiny by India’s Enforcement Directorate could slow down the surge of Indian investors purchasing properties in Dubai PRAVASISAMWAD.COM Dubai’s
NRI bank deposits surge by 42.8% to $13.33 billion
Sharp rise in inflows as Non-Resident Indians Park more funds in Indian banks PRAVASISAMWAD.COM Non-Resident Indian (NRI) bank accounts saw
Higher interest rates, weak rupee drive NRI deposits to 10-year high
NRI deposits in India reach $162.7 billion, marking a significant growth driven by higher interest rates and a weakening rupee
NRI deposits surge to $7.82 billion between April and August 2024, says RBI
These latest figures underscore the continued appeal of India’s banking schemes to its global diaspora, particularly amidst fluctuating global markets
S&P retains India’s growth forecast at 6.8%, projects RBI rate cuts in October
Speculation over potential rate cuts has gained traction following the U.S. Federal Reserve’s decision to lower rates by 50 basis
Strong FCNR inflows fuel NRI deposits surge to $5.82 billion in April–July 2024
This surge in NRI deposits reflects the confidence of overseas Indians in India’s banking sector and offers a vital source
Beacon Remit transforms money transfers for indian immigrants in Canada
Beacon Remit’s innovative approach promises to streamline the remittance process, making it more accessible, affordable, and efficient for the growing
RBI clarifies education loan eligibility for OCI cardholders residing in India
This clarification from the RBI ensures that OCI cardholders residing in India can pursue education abroad without unnecessary obstacles, fostering
Indian regulators halt Family Office Investment Funds amid tax evasion concerns
The latest regulatory action aims to close a loophole that could have allowed resident Indians to transfer more than the
Indian universities face decline in enrollment of international students
Overall, despite the initiatives and efforts to boost international enrollment, Indian universities continue to face challenges in attracting and retaining