A returning non-resident Indian can open a foreign currency account with a bank, but one cannot transfer money from India to these accounts
The overall market breadth was positive as 1,740 stocks on the BSE advanced, while 1,505 declined and 131 remained unchanged
Ahead of the IPO, shares of Devyani International are quoting at Rs 152 apiece in the grey market marking a premium of 68.89%
Growth in Internet penetration is a welcome sign as the central bank aims to ensure financial inclusion does not remain a lip service
Investors got richer by Rs 2.27 lakh crore as the market capitalisation of the BSE listed firms touched a record high of Rs 240.02 lakh crore
SIP requires an investor to regularly invest over a lengthy period of time and get the maturity amount upon maturity
The rupee has mostly been weak against the US dollar in recent months.
Bank of India's NPAs fell marginally to 13.51% of the gross advances at the end of June this year from 13.91% in the same period a year ago
Investing in technology mutual funds is that they provide investors with exposure to dozens of technology businesses through a single mutual fund