While re-rating of US equities in last one year partially reflects the execution of corporate reforms, significant improvement in US domestic companies' competitiveness, on account of fiscal incentive, is arguably underway.
India failed in its initial attempt to deport debt-strapped Vijay Mallya from Britain but Government assured that seeking his extradition would be an ongoing process
Selling a property in India and taking money out of India is a grey area for many non resident Indians. Here is how you can do it in a compliant manner.
Many NRIs are often faced with the situation of maintaining a Rupee account in India. There are two options available with NRI interested in opening bank account in India - NRE or NRO account. Read this space to know the difference between these two accounts and know when to choose what account.
ICICI Bank repatriated around Rs 400 crore capital from its wholly owned subsidiary in Canada. The bank can now use the same fund to expand its loans in India. However, it may be a marginal capital addition only.