Nris

Air India sale: DPIIT notifies decision to permit NRIs to own up to 100% stake in cash-strapped national carrier

The Department for Promotion of Industry and Internal Trade (DPIIT) has notified a decision of the union cabinet to allow non-resident Indians (NRIs) to control up to 100 percent stake in disinvestment-bound Air India

Air India privatisation: Govt permits NRIs to own up to 100% stake in ailing national carrier; measure not in violation of SOEC norms

Allowing 100 percent investment by NRIs in the crisis-hit Air India would also not be in violation of Substantial Ownership and Effective Control (SOEC) norms.

ESAF Small Finance Bank files Rs 976-cr IPO papers with SEBI; proceeds to be used to raise lender's tier-1 capital

ESAF Small Finance Bank, in consultation with its book running lead managers may consider a pre-IPO placement of up to Rs 300 crore.

Finance ministry declines to share Swiss bank account details of Indians in response to RTI, cites 'confidentiality provisions' of tax treaty

The finance ministry has declined to share Swiss bank account details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland.

Now Overseas Citizens of India can also subscribe to National Pension System: Govt

Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System at par with NRIs, the government said on Wednesday

Supreme Court gives Centre, 25 states four more weeks to respond to plea seeking online RTI portals

Supreme Court on Monday gave four more weeks to the Centre and 25 states to file responses on a plea seeking directions for setting up online RTI portals.

Indians' money in Swiss banks falls by nearly 6%, hits second-lowest level in over two decades

Aggregate funds of all foreign clients of Swiss banks also fell by over 4 percent to CHF 1.4 trillion (nearly Rs 99 lakh crore) in 2018

Union Cabinet to take a call on introducing bill in Parliament to allow proxy voting for NRIs

The Union Cabinet will take a call on Monday to introduce a fresh bill in Parliament to extend the facility of proxy voting to overseas Indians.

New Zealand mosque shootings: Kin of non-resident Gujaratis clueless about loved ones' whereabouts

Relatives claimed that even the authorities in New Zealand appeared clueless about their loved ones’ whereabouts, or they were not revealing anything for some reason

Election Commission asks Delhi Police to investigate 'fake news' about online voting rights to NRIs

Asking police to investigate the matter, the EC said its logo was used on social media to "mislead" people. The EC said the "fake news" was violative of IPC Section 505 dealing with rumour-mongering and attempts to spread alarm among people.