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As rupee falls, NRIs exit realty 2014-02-14 07:31:55
Real estate is the new victim of the rapidly falling rupee. Non-resident Indians (NRIs) who hold premium properties are getting jittery and many have pressed the sell button.Says Om Ahuja, chief executive officer (CEO), Jones Lang LaSalle Residential, “We have...
Keywords: NRIs, NRIs, NRIs, Jones Lang LaSalle
Read MoreNRIs still holding back in hope of further plunge in rupee 2013-09-30 06:04:40
Luring Non-Resident Indians (NRIs) with attractive investment opportunities may be a tested way of shoring up the domestic currency during the crisis, but this time it seems like the policymakers will have to wait a little more for any rescue...
Keywords: further plunge in rupee, back in hope, NRIs still holding, further plunge in rupee
Read MoreThe tax implications for NRIs buying property 2013-09-30 05:22:43
The falling rupee and the lull in the property market in many cities are attracting Indians settled abroad to consider property investments in India. Non-resident Indians are allowed to purchase residential or commercial property in India but not agricultural land...
Keywords: lifestyle and leisure, lifestyle and leisure, property ownership rules for NRIs, money and investing
Read MoreKarnataka Bank hikes NRE deposit rates 2013-09-30 06:13:41
Mangalore-based private sector lender Karnataka Bank on Tuesday said it has raised its NRI deposit interest rates by 50 basis points for three years to 10 years with maturity effective from September 2, 2013. "The revised interest rate for 3 years...
Keywords: Karnataka Bank, Karnataka Bank, Karnataka Bank, deposit rates
Read MoreWill price rise kill Congress chances in the next poll? 2013-09-11 05:51:27
Amidst falling rupee and rising rates of commodities and with the 2014 Lok Sabha elections inching close, the big question is will price rise hurt UPA government’s poll prospects? Although, Indian political history has very few precedents of a ruling...
Keywords: Will price rise kill Congress chances in the next poll, Indian Prime Minister, Congress, Indian Prime Minister
Read MoreAs rupee falls, NRIs exit realty 2013-09-30 07:25:44
Real estate is the new victim of the rapidly falling rupee. Non-resident Indians (NRIs) who hold premium properties are getting jittery and many have pressed the sell button.Says Om Ahuja, chief executive officer (CEO), Jones Lang LaSalle Residential, “We have...
Keywords: Property Market, Jones Lang LaSalle, Rupee, Jones Lang LaSalle
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