ECBs, NRI deposits push external debt to $476 bn

Last Updated: Friday, August 28, 2015, 19:34

India's total external debt rose by USD 29.5 billion, or 6.6 percent, to USD 475.8 billion at the end of March, mainly due to increase in external commercial borrowings and NRI deposits.

Net claims by non-residents up at $363 bn

Last Updated: Tuesday, June 30, 2015, 21:59

The increase in claims largely reflected valuation effects, the Reserve Bank said in a release on 'India's International Investment Position (IIP), March 2015.

ECBs, NRI deposits push external debt to $475.8 bn

Last Updated: Tuesday, June 30, 2015, 20:38

India's total external debt rose by USD 29.5 billion, or 6.6 percent, to USD 475.8 billion during 2014-15 fiscal, mainly due to increase in external commercial borrowings and NRI deposits.

Caparo group to invest $150 mn in US commercial complex

Last Updated: Friday, June 19, 2015, 11:43

The announcement was made by Lord Paul, an NRI industrialist based in the UK, in the presence of Missouri Governor Jay Nixon.

ArcelorMittal-SAIL plant project report to be ready by August

Last Updated: Monday, June 15, 2015, 15:27

According to a source, the plant size could be up to 1.5 million tonnes (MT) and the investment may be in the range of USD 850 million (about Rs 5,000 crore).

Stable prices bringing NRIs back to real estate market: HDFC

Last Updated: Sunday, May 24, 2015, 12:05

The rupee depreciation against the US dollar is also helping, for the prospective home buyers from the American continent.

President Mukherjee asks Indians abroad to invest in India

Last Updated: Sunday, May 10, 2015, 17:26

President Pranab Mukherjee Sunday asked the Indian community in Russia to bring in their skills and capital to support the government's initiatives to make the country a global manufacturing hub.

BoB ties up with UAE Exchange for instant money transfer

Last Updated: Saturday, April 25, 2015, 13:34

Bank of Baroda, a leading Indian public sector bank, has tied up with UAE Exchange to offer an instant cash transfer facility to NRI customers.

NRI appointed CEO of digital division of Singtel in Singapore

Last Updated: Friday, April 10, 2015, 13:56

An NRI has been appointed as the chief executive officer of the digital division of Singapore-based telecom giant Singtel.

ECBs, NRI deposits push external debt to $462 billion

Last Updated: Tuesday, March 31, 2015, 18:41

India's total external debt rose by USD 15.5 billion, or 3.5 percent, to USD 461.9 billion during the six-month period ending December, mainly due to increase in external commercial borrowings and NRI deposits.

India's external debt at $461.9 billion

Last Updated: Tuesday, March 31, 2015, 17:15

External debt to GDP ratio was recorded at 23.2 percent at end-December 2014 compared to 23.7 percent at end-March 2014.

Top 101 in UK's Asian Rich List possess GBP 54.48 bn

Last Updated: Sunday, March 29, 2015, 12:26

According to the Asian Rich List, UK's 101 Wealthiest Asians in 2015 brought out by EasternEye - a publication of Asian Media and Marketing Group, the net worth of the people on the list has risen by 5.7 per cent over last year.