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A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities ...
Indian diaspora. Overseas Indians ( ISO: Pravāsī Bhāratīya ), officially Non-Resident Indians ( NRIs) and People of Indian Origin ( PIOs) are Indians who reside or originate outside of India. [30] [31] According to the Government of India, Non-Resident Indians are citizens of India who currently are not living in India, while the term ...
Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [1] [2] Remittances to India stood at US$110 billion in 2022 ...
Public Provident Fund (India) The Public Provident Fund ( PPF) is a savings-cum-tax-saving instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. [2]
Renewal US $25 (abroad) Data page of an OCI card issued on or after 9 January 2015. Overseas Citizenship of India ( OCI) is a form of permanent residency available to people of Indian origin and their spouses which allows them to live and work in India indefinitely. It allows the cardholders a lifetime entry to the country along with benefits ...
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
Website. niifindia .in. National Investment and Infrastructure Fund Limited ( NIIFL) is an Indian public sector company which maintains infrastructure investments funds for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support ...
The Foreign Exchange Management Act, 1999 ( FEMA ), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". [1]
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