Budget 2024: How new reforms will impact NRIs and their investments
The Budget 2024 measures underscore the government’s commitment to fostering a mutually beneficial relationship with the Indian diaspora By creating
RBI unveils strategic push by allowing the opening of rupee accounts outside India
The RBI’s strategic initiatives and financial performance reflect its commitment to fostering a robust economic environment and promoting the global
Record surge as NRI deposits skyrocket by 84.4% to $11.8 billion in April 2023-February 2024
This substantial rise marks a significant jump from the $6.40 billion recorded in the corresponding period of the previous year
Indian Rupee steady against USD despite greenback surge
Analysts identified key levels for the rupee’s movement, with Rs 83.28 serving as a crucial support and Rs 83.50 as
India and Myanmar set the ball rolling for Rupee-Kyat trade
India-Myanmar Chamber of Commerce and Embassy Collaborate to Introduce Rupee-Kyat Trade Settlement Mechanism PRAVASISAMWAD.COM The Indian Embassy, in collaboration with
NRI deposits in India doubles
Notably, non-resident ordinary (NRO) accounts have seen the highest deposits, with a total inflow of around $2 billion PRAVASISAMWAD.COM Non
Indian rupee’s drop boosts NRI remittances
UAE’s expat Indians continue to enjoy the lowest rupee-to-dirham rates ever, with the official exchange rates ranging between 22.60-22.65 between
Festival Season Expected to Boost Remittances Amid Falling Rupee
Vijay Valecha, Chief Investment Officer at Century Financial, sheds light on the trend of falling rupee and its potential implications
ONAM IMPACT: Anticipated Increase in Gulf-Based Expat Indian Remittances During Onam Festival
Currency market experts are projecting that the rupee could reach levels beyond INR 84 against the US dollar in the
Reserve Bank of India wants Indian rupee to be a global currency
At present, the rupee is not an international currency because it is not fully convertible on capital accounts, and unrestricted