The Central government has stated that they have received a great response from people of Indian origin holding citizenship of other countries to participate in the National Pension Scheme (NPS).
Tag: NRI Personal Finance
OCIs now eligible to enroll in Indian pension scheme, says Finance Ministry
The Indian Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday that an Overseas Citizen of India (OCI) can enroll under the National Pension Scheme (NPS).
Singapore-based remittance firm InstaReM rebrands as Nium
Digital cross-border payments provider InstaReM is rebranding to become part of Nium, the company announced on Sunday.
Kerala CM reveals plans for diaspora bonds to spur NRI investment
Kerala Chief Minister Pinarayi Vijayan has said that the state government is planning to float diaspora bonds to source NRI investments to fund its development initiatives.
India real estate: Safeguarding against fly-by-night operators
The Indian real estate market has always attracted considerable interest from the expatriate Indian diaspora.
Panglossian outlook and deepening of the India Bonds Market
Global central banks have moved to a rate softening regime to boost slowing economic growth. This has fuelled bond market rallies worldwide.
India Tax: CBDT issues clarifications which are relevant to NRIs too
Central Board of Direct Taxes (CBDT) has released clarifications in the form of frequently asked questions (FAQs) addressing some matters that are relevant to NRIs
India Bonds: Lower inflation to enthuse investors
The Reserve Bank of India (RBI) cut its policy rate by 35 basis points to 5.40% on August 7 2019 and has cut the rate by a total of 110 basis points this year following cuts in February, April and June. It was a pleasant surprise for the bond market that was expecting a 25 basis points cut, with an
India Equity: Types of equity mutual funds available for investments
On June 1, 2018, investing in equity mutual funds in India got a tad easier thanks to a directive on scheme categorization (or recategorisation) to all Asset Management Companies (AMCs) by India’s capital markets regulator Securities and Exchange Board of India (SEBI).
India Bonds: RBI rate cut decision to help govt bonds, boost economic growth
Global and domestic growth inflation expectations have been benign and global central banks have been easing interest rates to support economic growth. Risks of rising trade wars and recent weakening of currencies have led to financial stability concerns.
