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Watch: Bangladesh protests: The trouble ahead for Hasina government

A look at the international reaction to the crackdown in Bangladesh, Indias position, and the possible diplomatic fallout

The Hindu 26 Jul 2024 8:07 pm

Are you an NRI students aspiring to study in India? All you need to know about accommodation, requirements and other details

A rising number of Non-Resident Indians considered pursuing higher education in India due to improved quality, international recognition of institutions, and affordable living costs. India's rich culture and enhanced infrastructure also attract them.

The Times of India 26 Jul 2024 8:00 pm

Rakhi 2024: GiftstoIndia24x7 Curating an Exclusive Rakhi Collection for NRIs

Kolkata (West Bengal) [India], July 26: Rakhi is a festival that celebrates the love that siblings share worldwide. 'Rakshabandhan' comprises two words 'Raksha', which means protection, and 'Bandhan', which means to tie the siblings in the eternal bond of love, care, and protection. It is all about having each other's back and ensuring one does not have to face anything alone. But with changing times the siblings live away from each other and find it difficult to celebrate Rakhi with their siblings like old times. Each year the festival is observed on the full moon day in the Shravana, August. GiftstoIndia24x7 aims to provide easy Rakhi gifting options for the NRIs and they can choose from a huge variety. With the vibrant collection of Rakhi, one can add more vitality to the celebration.

Business Standard 26 Jul 2024 6:05 pm

Typhoon Gaemi wreaked most havoc in the country it didnt hit directly, the Philippines

At least 32 people have died mostly because of flooding and landslides triggered by days of rains that intensified when the typhoon passed by the Philippines

The Hindu 26 Jul 2024 5:10 pm

Douce France: An exhibition by Henri Landier at Alliance Franaise de Delhi

The Alliance Franaise de Delhi presented the Douce France exhibition by French artist Henri Landier, featuring 90 original works depicting French landscapes. Open from July 20 to August 19, the event included prominent guests and live French music.

The Times of India 26 Jul 2024 3:23 pm

Post-coup, Niger struggles with security, economic crises

The coup was the latest and perhaps most significant of the recent military takeovers in Africa's Sahel

The Hindu 26 Jul 2024 1:10 pm

Senator Marco Rubio introduces U.S.-India Defense Cooperation Act

Senator Rubios bill proposes to put India at the same level as allies like Japan, Israel, Korea and NATO; exempt India from CAATSA sanctions, and impose sanctions on Pakistan for promoting terrorism in India.

The Hindu 26 Jul 2024 12:11 pm

J.D. Vances cat ladies comment triggers fury from Harris supporters

In a 2021 clip, Mr. Vance singled out Kamala Harris, now the Democratic presidential nominee, among others as he told Fox News that those who hadn't procreated, particularly childless cat ladies, were miserable and had no direct stake in the country

The Hindu 26 Jul 2024 12:07 pm

Sri Lanka will hold presidential election on September 21, its first since declaring bankruptcy in 2022

Sri Lanka will hold a presidential election on September 21 that will likely be a test of confidence in President Ranil Wickremesinghes efforts to resolve the countrys worst economic crisis

The Hindu 26 Jul 2024 11:09 am

Rakhi 2024: Curating an Exclusive Rakhi Collection for NRIs

www.giftstoindia24x7.com/rakhi .

News Voir 26 Jul 2024 11:03 am

United Nations urges nations to adopt several proposals aimed at reducing heat deaths; asks to cool, care for vulnerable people

If there is one thing that unites our divided world, it's that we're all increasingly feeling the heat, United Nations Secretary General Antonio Guterres said

The Hindu 26 Jul 2024 11:03 am

I will not be silent: Kamala Harris presses Netanyahu over humanitarian situation in Gaza

The U.S. Vice Presidents remarks, which were sharp and serious in tone, reflected what could be a shift from President Joe Biden in how she deals with the Israeli Prime Minister.

The Hindu 26 Jul 2024 5:07 am

Jaishankar meets China's Wang in Laos; emphasises need to ensure 'full respect' for LAC and past agreements

The India-China talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.

The Hindu 26 Jul 2024 12:08 am

Planning to move abroad? Check this Budget measure and get this certificate first

The Union Budget 2024 has introduced a new rule for Indian citizens planning to shift their base, which requires them to clear all tax dues and obtain 'clearance certificates' before leaving the country under the Black Money Act. The amendment mandates that no person domiciled in India can depart without confirming no tax liabilities. This provision is set to take effect on October 1, 2024.

The Economic Times 25 Jul 2024 5:41 pm

Kamala Harris is unfit to rule, says Trump; describes her as radical left lunatic

Former President Donald Trump launches scathing attacks on Vice-President Kamala Harris, calling her unfit to rule and a radical left lunatic

The Hindu 25 Jul 2024 3:11 pm

In fuel-guzzling Saudi Arabia, electric cars pique interest

Although the EV market in the world's largest oil exporter remains small compared with the United States and China, it tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah

The Hindu 25 Jul 2024 1:12 pm

Philippine tanker carrying 1.4 mn litres of oil capsizes off Manila

The MT Terra Nova was heading for the central city of Iloilo when it capsized in Manila Bay, nearly 7 km off Limay municipality in Bataan province.

The Hindu 25 Jul 2024 11:10 am

Ukraines Foreign Minister seeking common ground with China in talks on ending war with Russia

China has close ties with Russia and has pushed for an end to the war that would take into account the interests of both sides

The Hindu 24 Jul 2024 9:12 pm

Netanyahu looks to boost U.S. support in a speech to Congress but faces protests and lawmaker boycotts

Many Democrats and political independent Bernie Sanders plan to boycott Mr. Netanyahu's appearance

The Hindu 24 Jul 2024 9:08 pm

Jailed former PM Imran Khan refuses to undergo polygraph test linked to May 9 riots

The May 9 riots in 2023 were triggered across the country after he was arrested by the National Accountability Bureau in a 190-million-pound corruption case

The Hindu 24 Jul 2024 4:14 pm

Gulf NRIs hail jobs, skills boost in Indias budget

NRI businessmen in the Gulf region lauded the Modi 3.0 governments first budget, with provisions for employment, skilling, consumption boosts, and support for rural and MSME sectorsreports Asian Lite News... The post Gulf NRIs hail jobs, skills boost in Indias budget first appeared on India Daily Digital .

indiadailydigital 24 Jul 2024 1:46 pm

Budget 2024: Increased deductions, new tax regime tweaks and everything NRIs need to know

Finance Minister Nirmala Sitharaman's Budget 2024 includes significant tax reforms for NRIs. Key changes involve adjusting tax slab rates, introducing new standard deductions, and revising capital gains taxes. Additionally, the budget addresses FEMA residency, updates rules for bonds and debentures, and removes indexation benefits. Effective from July 2024, these reforms aim to ease cash flow issues and refund claims.

The Economic Times 24 Jul 2024 12:56 pm

Trash dropped by a North Korean balloon falls on South Korea's Presidential compound

The rubbish that fell on the ground at the compound in central Seoul contained no dangerous material and no one was hurt, South Koreas Presidential security service said

The Hindu 24 Jul 2024 12:04 pm

Scramble to send aid after Ethiopia landslide kills over 200

At least 146 people died in a landslide in southern Ethiopia on July 22, 2024, after heavy rain, according to a provisional toll that could rise further, the local authorities announced the day after.

The Hindu 24 Jul 2024 7:09 am

New U.K. Foreign Secretary Lammy to arrive for talks; FTA, security issues on top of agenda

During the visit, Lammy-Jaishankar to discuss Free Trade Agreement, climate change, pending trials; Lammy to meet PM Modi in first visit by new Labour government Minister

The Hindu 24 Jul 2024 6:02 am

Full support to corporates, NRIs keen to develop villages in AP: Pawan Kalyan

VIJAYAWADA : Deputy Chief Minister Pawan Kalyan has asserted that the state government will encourage voluntary participation of NRIs and Corporate entities to develop the rural areas in Andhra Pradesh. The government is mulling to involve locals to oversee the development programmes executed by these voluntary organisations in their respective regions, Kalyan said on Tuesday. Karur Vysya Bank MD B Ramesh Babu met Pawan Kalyan and expressed the banks willingness to help in the development of villages in AP. Ramesh Babu explained the various development programmes undertaken by KVB at Manvadi hamlet in Karur district of Tamil Nadu. He cited initiatives related to water conservation, greenery development, hand holding of farmers in dairy farming, establishment of a digital library and a RO plant run by solar power in the village. Pawan Kalyan asked KVB to provide a comprehensive plan in this regard and reiterated the state governments support to individuals and organisations who voluntarily come forward to develop villages.

Deccan Chronicle 24 Jul 2024 12:01 am

Ukraine's top diplomat in Beijing for talks on ending war

China presents itself as a neutral party in the war and says it is not sending lethal assistance to either side, unlike the United States and other Western nations

The Hindu 23 Jul 2024 9:04 pm

Bangladesh arrest total passes 2,500

At least 174 people have died, including several police officers

The Hindu 23 Jul 2024 8:08 pm

Krishna Gana Sabha to Honour Vidushi Geeta Chandran with Nritya Choodamani

Geeta Chandran, a respected Indian classical dancer, will be honoured with the Nritya Choodamani award by Krishna Gana Sabha in Chennai on December 13, 2024. Chandran's illustrious career as a dancer, choreographer, and educator has earned her multiple prestigious awards and recognition for her contributions to the arts.

The Times of India 23 Jul 2024 6:08 pm

Budget 2024: Job and consumption prospects in union budget enthuses Gulf NRIs

NRI businessmen in Gulf region excited about Modi governments budget focusing on employment, skilling, rural support and manufacturing incentives

The Hindu Businessline 23 Jul 2024 4:08 pm

Job and consumption prospects in union budget enthuses Gulf NRIs

Modi 3.0's budget provisions Rs 2 lakh crore for job and skill programs, rural development including natural farming, MSME support, and gold duty reduction. Kamal Vachani appreciates Mudra loan increase and customs duties reduction. Gaurav Malhotra, Hansgrohe India, commends fiscal discipline and technological support, gaining praise from NRI businessmen in the Gulf.

The Economic Times 23 Jul 2024 4:05 pm

Union Budget 2024: New sunrise for Andhra Pradesh, says Lokesh

Lauding the central government's recognition of the need for a state capital in Andhra Pradesh, Lokesh, who is the son of Chief Minister and Telugu Desam Party (TDP) chief Chandrababu Naidu said that their struggle has been recognized

Deccan Chronicle 23 Jul 2024 3:31 pm

NRI to pay higher TDS on these capital gains on assets such as listed equities

Budget 2024 proposes a higher TDS on certain capital gains for non-residents on certain assets such as listed equities. The new TDS will apply only on transfers made on or after July 23, 2024. The revision is aimed at bringing parity between resident and non resident taxation structure.

The Economic Times 23 Jul 2024 3:15 pm

Godrej Sunrise Estate Possession Date Revealed: September 2024 in Oragadam, Chennai

The eagerly awaited Godrej Sunrise Estate Possession Date excites both future residents and investors. Set for September 2024, this milestone marks the culmination of meticulous planning and development by Godrej Properties. Located in the thriving region of Oragadam, Chennai, Godrej Sunrise Estate spans an impressive 60 acres, offering 1000 villa plots in a strategic [] The post Godrej Sunrise Estate Possession Date Revealed: September 2024 in Oragadam, Chennai appeared first on Nagpur Today : Nagpur News .

nagpurtoday 23 Jul 2024 3:09 pm

Kadapa teacher helps NRI children connect to Telugu roots - The New Indian Express

Kadapa teacher helps NRI children connect to Telugu roots The New Indian Express

Google News 21 Jul 2024 8:55 am

Sonrise in DMK: Udhayanidhi Stalin to be anointed Tamil Nadu Dy CM - MSN

Sonrise in DMK: Udhayanidhi Stalin to be anointed Tamil Nadu Dy CM MSN

Google News 20 Jul 2024 12:48 am

Sonrise in DMK: Udhayanidhi Stalin to be anointed Tamil Nadu Dy CM - The Statesman

Sonrise in DMK: Udhayanidhi Stalin to be anointed Tamil Nadu Dy CM The Statesman

Google News 19 Jul 2024 9:53 pm

Income tax guide for NRIs as ITR filing deadline looms

NRIs must adhere to specific tax regulations under the Income Tax Act, 1961, including residency criteria and income classification. Key aspects include special tax rates for long-term capital gains, advance tax obligations, and the impact of Double Taxation Avoidance Agreements.

The Economic Times 19 Jul 2024 2:48 pm

Forex inflows from NRIs surge 4-fold to $2.7 bn in April-May

Mumbai, July 19: The money from Indians working overseas that come into NRI deposits of banks surged more than 4-fold to $2.7 billion in April-May this year compared to $0.6 billion in the same period last year, strengthening the countrys foreign exchange reserves, the latest data compiled by the RBI showed. The total NRI deposits [] The post Forex inflows from NRIs surge 4-fold to $2.7 bn in April-May appeared first on The Shillong Times .

The Shillong Times 19 Jul 2024 2:14 pm

NRI deposits see $3 billion inflows in April-May FY25, shows RBI data

In May alone, inflows into the various NRI schemes stood at $1.7 billion compared to $1.07 billion in April

Business Standard 18 Jul 2024 8:28 pm

Wake up gently with this sunrise alarm clock that's still $30 off after Prime Day

The Hatch Restore 2 builds on the success of the original sunrise alarm clock with improved speakers, audio tracks, and 'Morning Moments' - and it's still discounted for 15% off after Amazon Prime Day.

ZDNet 18 Jul 2024 8:23 pm

Pandemic spurs NRI investments in Indian vacation homes

NRIs are increasingly investing in Indian real estate for vacation homes, driven by pandemic-induced priorities. The market is booming with $13.1 billion spent in FY21, expected to rise to $14.9 billion in FY22. State incentives, tech advancements, and NRI confidence contribute to the sector's growth.

The Economic Times 17 Jul 2024 4:55 pm

How FM Sitharaman can draw the roadmap for India's manufacturing growth in sunrise sectors in Budget

India's manufacturing sector is poised for robust growth, targeting a 9.1% CAGR over five years to elevate its GDP share to 20%. Key drivers include strategic reforms, Production-Linked Incentives (PLI), and improved logistics efficiency. The focus on sunrise sectors like solar PV and semiconductors, backed by substantial private sector investments, aims to enhance competitiveness and reduce import reliance amidst global supply chain shifts.

The Economic Times 16 Jul 2024 3:30 pm

NRI misses flight after terminal mix-up at airport

The Times of India 16 Jul 2024 4:26 am

Looking for comprehensive insurance that covers OPD charges? What NRIs should know

NRIs face high OPD costs if they dont renew Indian health insurance. Comprehensive policies with OPD and consumables cover, up to Rs 100,000, help manage frequent health issues, childrens visits. They include consultations, tests, and cover administrative charges. Given Indias lower healthcare costs, such evolving insurance policies need evaluation for credibility, waiting periods, and co-payments.

The Economic Times 15 Jul 2024 2:28 pm

Buying a home from an NRI? Taxes could be easier with this budget proposal

These proposed solutions aim to simplify tax compliance for non-resident taxpayers in India, making the process more efficient and less time-consuming.

Business Standard 15 Jul 2024 10:16 am

NRI student raises 1.65 lakhs for orphanage

The Hindu 14 Jul 2024 9:56 pm

Corporate tax cut enriched billionaires by Rs 2 lakh crore; middle-class hit by heavy taxes: Congress

NEW DELHI: With the personal income tax collections exceeding the corporate tax collections, the Congress alleged on Sunday that the corporate tax cut has put over Rs 2 lakh crore in the pockets of billionaires, while the middle class continues to bear the weight of heavy taxation. The opposition party's attack on the government came a day after data released by the Central Board of Direct Taxes (CBDT) showed that the net direct tax collection of Rs 5,74,357 crore (as of July 11, 2024) includes Corporation Income Tax at Rs 2,10,274 crore and Personal Income Tax at Rs 3,46,036 crore after excluding the refunds. Congress general secretary, in-charge communications, Jairam Ramesh, said, As we head towards the Budget on July 23rd, data has just been released that gross personal income tax collections amounted to Rs 3.61 lakh crores during April 1-July 1, 2024, while gross corporate tax collections were Rs 2.65 lakh crores. This reconfirms and re-establishes the point we have been making for quite some timethat individuals are paying more tax than companies, Ramesh said in a post on X. As we head towards the Budget on July 23rd, data has just been released that gross personal income tax collections amounted to Rs 3.61 lakh crores during April 1-July 1 2024 while gross corporate tax collections were Rs 2.65 lakh crores. This reconfirms and re-establishes the Jairam Ramesh (@Jairam_Ramesh) July 14, 2024 When Dr. Manmohan Singh left office, personal income tax was 21% of total tax collections, while corporate tax was 35%. Today, the share of corporate taxes out of total tax collection has dropped sharply to its lowest level in a decade, at just 26%, he said. Meanwhile, the share of personal income tax in total tax collection has shot up to 28 per cent, he added. Ramesh pointed out that corporate tax rates were slashed on September 20, 2019 in the hope that it would trigger a private investment boom. But that has NOT happened. Instead, private investment has collapsed, from a peak of 35% of GDP under Dr. Manmohan Singh, to below 29% during 201424, he said. The corporate tax cut has put over Rs 2 lakh crore in the pockets of billionaires, while the middle class continues to bear the weight of heavy taxation, Ramesh alleged. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 202425 in the Lok Sabha on July 23.

The New Indian Express 14 Jul 2024 5:42 pm

Children of NRI techie who died by suicide finally return to India

Long battle for parental responsibility finally resolved

The Hindu 13 Jul 2024 9:02 pm

Data science can enrich TSRTC services: Expert

Hyderabad : Services of the Telangana Road Transport Corporation (TGRTC) and the use of public transport system by people can be better managed with the use of data science. This was the key takeaway of an awareness programme at the Bus Bhavan here recently. The programme was conducted by Sarath Katipalli, a data science and machine learning expert who did his Masters in the subject from the US and worked in major companies. Speaking on the topic 'Usage of data science and machine learning in public transport system', Katipalli said that better transport services can be provided to commuters in real time by incorporating data science. Explaining on how the organisation can be taken to a higher level with the 4M concept of message, messenger, mechanics and machinery, he said passengers could experience better services if the corporation embraced changes in technology. Later he answered many questions asked by RTC officials. The public transport system can be strengthened by using data science. Data analysis will act as a medicine to enhance operational efficiency of TGRTC while it can provide better transport services to people as per their preferences. The corporation handles an average 55 lakhs of passengers daily. After the introduction of Maha Lakshmi scheme of free travel, a large number of women have opted to travel by RTC buses.

Deccan Chronicle 13 Jul 2024 9:00 pm

Wake up gently with this sunrise alarm clock that's $30 off ahead of Prime Day

The Hatch Restore 2 builds on the success of the original sunrise alarm clock with improved speakers, audio tracks, and 'Morning Moments' - and it's 15% off for Prime Day.

ZDNet 12 Jul 2024 10:42 pm

NRI Forum Deputy Chairperson Arathi Krishna holds meeting in Shivamogga

The Deputy Chairperson says many from Karnataka are stuck in Cambodia and Vietnam after becoming victims of fraudulent job offers

The Hindu 12 Jul 2024 7:21 pm

Seven things NRIs should keep in mind when choosing a wealth manager back in India

NRIs remain a key segment for wealth managers due to India's growing economy and attractive investment opportunities. Wealth managers must offer robust products and services, hold proper licensing, provide knowledgeable relationship managers, have dedicated NRI service desks, a physical presence in NRI corridors, advanced digital infrastructure, and organize informative webinars and seminars for NRIs to ensure optimal returns and financial security.

The Economic Times 12 Jul 2024 12:50 pm

NASA astronaut captures stunning moonrise from ISS, captivating millions

NASA astronaut Matthew Dominick's breathtaking photo of a moonrise from the International Space Station (ISS) has left millions in awe. The image, depicting a crescent moon above Earth's atmosphere, has garnered over 5.4 million views and numerous comments. Dominick, part of NASAs SpaceX Crew-8 mission, has been aboard the ISS for four months. The photograph showcases the beauty of space, drawing widespread admiration from social media users.

The Economic Times 10 Jul 2024 10:21 pm

NRIs from Dallas support Save Visakha Steel Plant movement

Visakhapatnam: Telugu-speaking NRIs from Dallas, along with representatives of Telugu communities and former Visakhapatnam steel industry workers, gathered at Thomas Jefferson Park to show solidarity with the Save Visakha Steel Plant movement. The event began with a tribute at the Gandhi statue, followed by speeches from Irving city dignitaries Khalil Ahmed and former journalist Dasari Krishnamohan. Lenin Babu Vemula, leading the gathering, highlighted the cultural and historical importance of RINL, emphasizing that its value transcends mere financial metrics. He underscored the plant's role as a source of inspiration for generations of Telugu people and the broader community. Additionally, children in attendance performed poet Rayaprolu's song Ye Desha Megina. Nuthi Bapayya, from the American National Telugu Association, hailed the Visakha steel plant as a testament to the collaborative efforts of students, youth, and intellectuals.

Deccan Chronicle 8 Jul 2024 9:17 pm

NRIs, Indian tourists can now make QR code-based UPI payments in UAE

NIPL and Network International have teamed up to introduce QR code-based UPI payments in the UAE, offering Indian visitors a secure and familiar payment method. The collaboration aims to enhance the payment experience for tourists and NRIs in the region.

The Economic Times 7 Jul 2024 8:54 am

Income Tax filing: Do NRIs need to file ITR if they have no income in India?

Non-resident Indians (NRIs) are required to file Income Tax Returns (ITRs) if their income in India exceeds 2.5-3 lakhs, facing penalties, including potential imprisonment, for non-compliance. Exceptions apply if NRIs have no income in India, yet filing can facilitate tax refunds and support visa applications. FEMA mandates closing or converting Indian accounts upon acquiring NRI status, underscoring the importance of consulting tax professionals for compliance.

The Economic Times 5 Jul 2024 3:11 pm

80% developers housing demand by NRIs to increase in 2024: Report

Overall housing demand in country to increase by up to 25%, it says

Business Standard 5 Jul 2024 11:11 am

NRIs, Indian tourists can now make UPI QR payments in UAE

Indias NPCI International Payments Limited (NIPL) hasannounceda partnership with Network International (Network) to enable QR code-based Unified Payments Interface (UPI) payments in the United Arab Emirates (UAE) across Networks point-of-sale (POS) terminals. This move aims to streamline transactions for Non-Resident Indians (NRIs) and Indian tourists a wide merchant network in the region. The announcement was Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 4 Jul 2024 10:36 am

Are you an NRI planning to file your ITR for 2024? Here's a complete guide

An NRI's income taxes in India depend on their residential status, explains Manikandan S, a tax expert at ClearTax

Business Standard 3 Jul 2024 10:30 am

State seeks Centres nod for NRI quota in govt. medical colleges

It wants the green light for 15 % quota by sanctioning 508 supernumerary seats in these colleges

The Hindu 30 Jun 2024 8:35 pm

SEBI permits up to 100 pc aggregate NRI corpus contribution for FPIs based out of GIFT IFSC

NEW DELHI, June 28: Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that are based out of International Financial Services Centre (IFSC). The move is expected to enhance investment by Foreign Portfolio Investors (FPIs) in India. In a circular issued on Thursday, SEBI said it has amended FPI rules to provide flexibility of having up to 100 per cent aggregate contribution by [] The post SEBI permits up to 100 pc aggregate NRI corpus contribution for FPIs based out of GIFT IFSC appeared first on Daily Excelsior .

Daily Excelsior 28 Jun 2024 4:50 pm

SEBI Allows Up To 100% NRI Investment In FPIs Based In GIFT IFSC

Over the years, there has been a consistent demand to channel more NRI and OCI investments into the Indian securities markets.

Bloomberg Quint 28 Jun 2024 4:38 pm

SC allows withdrawal of plea filed by NRI accused in imported coal scam case

New Delhi, June 28 (IANS) The Supreme Court on Friday allowed withdrawal of a plea filed by an NRI accused in a money laundering case linked to an alleged imported coal scam. The counsel appearing on accused Ahmed AR Buharis behalf requested a Vacation Bench presided over by Justice Abhay S Oka for withdrawal of []

bhaskarlive 28 Jun 2024 3:40 pm

Sebi permits up to 100% NRI contribution for FPIs based out of GIFT IFSC

Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that are based out of International Financial Services Centre (IFSC). The move is expected to enhance investment by Foreign Portfolio Investors (FPIs) in India. In a circular issued on Thursday, Sebi said it has amended FPI rules to provide flexibility of having up to 100 per cent aggregate contribution by non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and Resident Indians (RI) Individuals in the corpus of FPIs based in IFSCs in India and regulated by International Financial Services Centres Authority (IFSCA). Over the years, there has been a consistent demand to channel more NRI and OCI investments into the Indian securities markets by enabling greater participation of NRIs and OCIs in FPI corpuses. In the July 2019 budget speech, Finance Minister Nirmala Sitharaman had also recognized that despit

Business Standard 28 Jun 2024 12:09 pm

Sebi allows full NRI, OCI participation in IFSC-based FPIs to boost Indian investments

Sebi approves new rules to boost FPI investments from IFSCs by allowing aggregate contributions from NRIs, OCIs, and RIs up to 100%. The move aims to attract more investments from these groups, aligning with Finance Minister's call to increase NRI participation in Indian capital markets.

The Economic Times 28 Jun 2024 11:39 am

How NRIs can make the most of mutual fund platforms

From WhatsApp support to chatbot help, many options are available for those residing abroad

The Hindu Businessline 27 Jun 2024 11:12 pm

SEBI's New Rule Limits NRI Share In FPI Corpus

These measures are intended to diversify the investment base and reduce concentration risks, the markets regulator said.

Bloomberg Quint 27 Jun 2024 6:05 pm

Anrich Nortje Silences Rashid Khan With Stunning Bowling Display After Heated Exchange In Semifinals Clash

Anrich Nortje left fumed after heated exchange with Rashid Khan

mashable 27 Jun 2024 4:32 pm

NRIs want Budget 2024 to ease 6 tax troubles: TDS on property sale, disparity in LTCG, dividend taxation and others

Under Indian tax laws, NRIs are taxable on their Indian-sourced income, such as capital gains, dividends, and interest. They are generally taxed similarly to residents but may face less beneficial rules in specific scenarios. The upcoming Budget 2024 may offer relief to NRIs in these areas.

The Economic Times 27 Jun 2024 12:34 pm

Ram temple to be ready by March 2025: Nripendra Mishra

Ayodhya, June 26 (IANS) The construction of the entire Ram Temple complex in Ayodhya is likely to be completed by March 2025, while the first and second floors of the temple will be completed by July-end and December this year, respectively. This information was given by Nripendra Mishra, Chairman of the Ram Mandir Construction Committee. []

bhaskarlive 26 Jun 2024 1:59 pm

No leakage in Ram temple; rainwater came down from pipes for electric wires, says Nripendra Mishra

Efforts to safeguard devotees and ensure timely completion of the temple construction continue amidst challenges. Protective measures for rainwater and sunlight are in place, with a focus on finishing the first floor by July and the entire construction by December.

The Economic Times 25 Jun 2024 9:08 pm

Minister Kondapalli Srinivas urges NRIs to contribute to Andhra Pradeshs development

He says that the State government will sign agreements with certain companies, consider suggestions of stakeholders on MSME Day onJune 27 at Amaravati

The Hindu 25 Jun 2024 7:58 pm

Construction of Ayodhya Ram temple should be complete by Dec: Nripendra Mishra

Ayodhya: Chairman of Ram Temple Construction Committee Nripendra Mishra said on Monday that the first floor of the Ram temple at Ayodhya will be completed by July this year, and expressed the hope that the construction of the temple will be completed by December. He said marble from Rajasthan will be used in making the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 25 Jun 2024 12:55 pm

Andhra Pradesh Chambers Of Commerce To Launch Helpdesk For NRI Investors

The Chambers reached out to about 300 NRIs from across the globe and solicited investments in the state.

Bloomberg Quint 24 Jun 2024 10:23 pm

Andhra Chambers of Commerce to set up helpdesk to woo NRI investments into state

Andhra Pradesh Chambers of Commerce & Industry Federation announced that it will launch a helpdesk to support NRIs interested in investing in the state. This initiative, unveiled on Monday, aims to facilitate investment opportunities for NRIs by providing necessary assistance and creating a conducive environment.

The Economic Times 24 Jun 2024 10:06 pm

AP Chambers to set up helpdesk to woo NRI investments into state

Amaravati: Andhra Pradesh Chambers of Commerce & Industry Federation on Monday said it will launch a helpdesk to support NRIs interested to make investments in the state. The Chambers reached out to about 300 NRIs from across the globe and solicited investments in the state. Also ReadAndhra Cabinet takes key decisions to implement poll promises Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 24 Jun 2024 9:55 pm

What does NDAs third term in governance mean for NRI investors?

The NDA's third term brings promising opportunities for Non-Resident Indian (NRI) investors, with a focus on economic reforms, infrastructure development, and ease of doing business. India aims to become the fourth-largest economy by 2026, showcasing robust GDP growth. Key areas for investment include digital services, renewable energy, and infrastructure. Overall, NRI investors can expect a stable and lucrative investment environment under the Modi 3.0 government.

The Economic Times 24 Jun 2024 1:12 pm

David Henrie and Selena Gomez Reunite for 'Wizards Beyond Waverly Place'

David Henrie and Selena Gomez Reunite for 'Wizards Beyond Waverly Place' In a highly anticipated return, actor David Henrie is set to reprise his role in the Disney series 'The Wizards of Waverly Place' alongside co-star Selena Gomez. Henrie describes the reunion as an 'awesome' experience. The original series, which aired from 2007 to 2012, showcased Henrie and Gomez as siblings gifted with magical abilities. New York Citys Greenwich Village set the backdrop for their adventures. The show also helped launch the careers of fellow actors Jake T. Austin, Henrie, and Gomez. 'Wizards Beyond Waverly Place' will depict Justin taking a young wizard, Billie, under his wing, with an ensemble cast including Janice LeAnn Brown, Alkaio Thiele, and Mimi Gianopulos. While Jake T. Austin will not return, veterans Maria Canals-Barrera and David DeLuise will reprise their roles.

devdiscourse 24 Jun 2024 10:12 am

NRI from Andhra Pradeshs Bapatla district shot dead at a grocery store in Dallas, U.S.

Hailing from a farmers family, Dasari Gopikrishna had left for the U.S. in search of a job nine months ago; he landed a job and was scheduled to leave Dallas on June 23, and the day he was shot dead was his last working day at the store, says family friend Narasimha Rao

The Hindu 23 Jun 2024 10:23 pm

NRI 'all-rounder' dies after cricket match in UAE; community in grief

NRI 'all-rounder' dies after cricket match in UAE; community in grief naeem Sun, 06/23/2024 - 15:36

coastaldigest 23 Jun 2024 3:36 pm

A to Z guide for NRIs investing in Indian mutual funds

If youre a Non-Resident Indian eyeing Indias growth story, here are the basics that matter

The Hindu Businessline 22 Jun 2024 5:52 pm

Kuwait building fire: 17 Injured NRIs still remain hospitalised but in stable condition

Kuwait building fire: 17 Injured NRIs still remain hospitalised but in stable condition naeem Sat, 06/22/2024 - 08:39

coastaldigest 22 Jun 2024 8:39 am

NRIs of the world, keep on depositing

Non-resident deposits in India are growing steadily due to various positive factors, including the impact of the pandemic on savings patterns and stable remittances. Factors such as interest rates and exchange rates have made NRI deposits more rewarding.

The Economic Times 21 Jun 2024 10:49 pm

NRI Demat Account vs. Regular Demat Account: Understand The Key Differences

In India, both residents and non-resident Indians are free to explore and invest in stock markets. The difference is that the residents of India use Regular free Demat account opening to trade securities whereas the NRIs use NRI Demat Accounts to navigate the market. This article will help you understand the major differences between these two Demat Accounts. What is an NRI Demat Account? Before delving into the differences between Regular and NRI Demat Accounts, lets first understand certain things [] The post NRI Demat Account vs. Regular Demat Account: Understand The Key Differences appeared first on Daily Excelsior .

Daily Excelsior 21 Jun 2024 1:11 pm