Nri Investments

Houses worth over Rs 4 cr record 27% growth in sales in Delhi-NCR: CBRE

The first half of 2024 witnessed a surge in the luxury housing market in the Delhi-NCR region, driven by affluent buyers, enhanced amenities, and major infrastructure projects, according to CBRE

Sebi permits up to 100% NRI contribution for FPIs based out of GIFT IFSC

Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that are based out of International Financial Services Centre (IFSC). The move is expected to enhance investment by Foreign Portfolio Investors (FPIs) in India. In a circular issued on Thursday, Sebi said it has amended FPI rules to "provide flexibility of having up to 100 per cent aggregate contribution by non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and Resident Indians (RI) Individuals in the corpus of FPIs based in IFSCs in India and regulated by International Financial Services Centres Authority (IFSCA)". Over the years, there has been a consistent demand to channel more NRI and OCI investments into the Indian securities markets by enabling greater participation of NRIs and OCIs in FPI corpuses. In the July 2019 budget speech, Finance Minister Nirmala Sitharaman had also recognized that despit

NRI deposit flows up 63.5% to $14.7 bn in FY24, the highest in 8 years

FCNR deposits were at $25.73 billion in March 2024, up from $24.90 billion in February 2024. This was higher than the $19.36 billion at the end of March 2023

Flows into NRI deposits up 84.4% to $11.8 bn in April 2023-February 2024

Outstanding NRI deposits up $2 billion in February over January

Sebi eases frameworks for AIFs, social exchanges, index providers

Defers decision on easing delisting, NRI investment norms; introduces framework on fractional real estate ownership

Weigh the risks of EB-5 citizenship route

Remember, capital invested in the EB-5 programme must be "at risk", meaning no guarantees can be provided on returns, and even the investment can be lost

How NRIs can invest in govt bonds through RBI's retail direct scheme

In 2021, the RBI came out with the Retail Direct Scheme, a one-stop solution to facilitate investment in government securities by retail investors. NRI investors can also invest via the platform

Market regulator Sebi bats for NRIs, OCIs investments in IFSC FPIs

Currently, a single NRI and OCI cannot contribute more than 25 per cent of the total corpus of an FPI. Additionally, the combined contribution from NRIs and OCIs cannot exceed 50 per cent

Scrutinise agreement before signing it

The National Commission indicted the bank for having obtained signatures on the loan agreement in which critical spaces had been left blank

NRI investment on non-repatriation basis to be treated as domestic: DPIIT

Investment by non-resident Indians (NRIs) on non-repatriation basis in an Indian company will be treated as domestic investment for the purpose of calculating indirect overseas inflows, according to a DPIIT press note. The Department for Promotion of Industry and Internal Trade (DPIIT) said that the government has reviewed the FDI (foreign direct investment) policy in relation to investments made by an Indian company owned and controlled by non-resident Indians (NRIs) on a non-repatriation basis. In order to provide a clarity on downstream investments made by NRIs, a clause has been added in the FDI policy. The clause was added in the guidelines for calculation of direct and indirect foreign investments. It said that "investments by non-resident Indians (NRIs) on a non-repatriation basis" as stipulated under a schedule of Foreign Exchange Management (non-debt instruments) Rules 2019 "are deemed to be domestic investments at par with the investments made by residents". "Accordingly

Sebi's regulatory cap on NRI investments may affect AIFs GIFT move

Many draw their funds from overseas Indians looking to invest in their home country

FinMin, Sebi look to ease curbs on NRI investment through FPI route

NRIs who aren't tax residents in India can invest in India-focused offshore funds via the FPI route

Non-residents' investments in India's mutual funds near Rs 1 trillion

It was Rs 86,000 crore a year ago

Govt waives three-year lock-in period on investments made by NRIs in IDFs

With an aim to accelerate and enhance flow of long-term debt in infrastructure projects, amendments in the tax laws were made to provide exemption from income tax to infrastructure debt funds in 2011

After NRI investments in domestic market, foreign funds on Sebi radar

Regulator asks custodians to provide end-beneficiary data of foreign funds with Indian ownership