7 Indians feature in Forbes Asia's Heroes of Philanthropy list

Last Updated: Tuesday, September 8, 2015, 08:17

Of them, four are co-founders of Infosys, one of India's largest information technology (IT) services companies.

61,000 Indian millionaires shifted overseas in last 14 years: Report

Last Updated: Sunday, July 26, 2015, 11:16

A joint report by New World Wealth and LIO Global said the change in domicile, along with a rise in second citizenship applications, has increased dramatically since the turn of the century.

RBI allows NRIs to invest in chit funds

Last Updated: Thursday, June 11, 2015, 18:55

The Reserve Bank Thursday allowed non-resident Indians (NRIs) to invest in chit funds on non-repatriation basis without any ceiling, a move that will encourage flow of capital into the country.

Now, Switzerland to publish list of dormant bank accounts

Last Updated: Sunday, May 31, 2015, 15:53

The Ombudsman further said that a new banking law, which has come into force this year, has mandated that "assets over 500 Swiss franc that have been dormant for 50 years, that is 60 years after the last contact, have to be published. "If, following this publication, no justified claims are reported, the assets must be liquidated and their net proceeds will be transferred to the Swiss Confederation.

Era of tax haven has come to an end: FM on latest Swiss move

Last Updated: Tuesday, May 26, 2015, 20:50

With Switzerland making public names of some Indians with Swiss accounts, Finance Minister Arun Jaitely on Tuesday said the era of tax haven has come to an end and it is no longer safe to keep assets abroad illegally.

Switzerland begins making public list of black money holders, two Indians named

Last Updated: Monday, May 25, 2015, 22:21

Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.

South African Indians lead rise in new millionaires

Last Updated: Sunday, May 17, 2015, 19:47

They were among the 9 percent increase in the number of South Africans who have assets totalling more than USD 1 million.

Indian-origin boy working with Microsoft for braille printer

Last Updated: Friday, May 15, 2015, 14:54

The consumer-focused braille printer, which uses new technology and an Intel Edison chip, is portable, silent and will be offered at a price point well below currently available products for the visually impaired.

Indian entrepreneur charged with fraud in US

Last Updated: Thursday, May 14, 2015, 12:58

The complaint alleges that Ahmed transferred approximately USD 27.5 million in illegal profits to accounts under his control at the expense of investors.

SBI Nepal opens rupee exchange counters at Kathmandu airport

Last Updated: Sunday, May 3, 2015, 13:47

Stranded Indians are using benefits of these counters and getting their funds exchanged, he added.

Working Indians want to settle in another city post retirement

Last Updated: Wednesday, April 29, 2015, 14:16

Forty four per cent of working Indians want to settle in another city or town after retirement and for those wanting to move overseas the United States has emerged as the top destination, says a survey.