An Indian abroad popularly known as an NRI or Non Resident Indian. This article covers following: Who is NRI? What is definition of NRI? Does NRI differ from Person of Indian origin (PIO), What is Remittance, Repatriation? What are the investments that NRI can make in India?
The U.S. Department of Labor (DOL) has issued a proposed rule that would take away the current ability of self-directed individual investors to use listed-options in their IRAs.
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PM Modi recent visit to USA.. GoDesi.com thinks that PM Modi is best thing happened to India.
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In a rare public appearance in the US, Indian ODI captain Mahendra Singh Dhoni interacted with the diaspora here and called on them to keep supporting the cricket team, which he said is going through a lot of changes.
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The Reserve Bank of India governs such transactions and they fall under the purview of the Foreign Exchange Management Act (FEMA).
Facts and Benefits of NRI Banking
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