NRI

By Vipin Agnihotri

As expected by many of the experts, it’s official that Non-resident Indians (NRIs) are remitting more money back home. The India Street has been informed that individual remittances from Indians working abroad have surged 50 per cent at $8.6 billion in the first quarter of 2007-08, as compared to $5.9 billion in the year-ago period.

By Vipin Agnihotri

By Dr Suvrokamal Dutta

Amidst hardening interest rates and rising defaults, it has come into the notice of the India Street that Indian banks are inserting new clauses in their home loan agreements to protect balance sheets.

Starting this week we will be starting a couple of new things I’d like to share with our readers. First, our series of video interviews that are meant to be entertaining yet educational yet maintaining our purpose here which is to give you information to make intelligent investment decisions.