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SEBI eases KYC rules for mutual funds, giving NRIs more time to comply

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SEBI eases KYC rules for mutual funds, giving NRIs more time to comply

India’s securities regulator, the Securities and Exchange Board of India (Sebi), has announced a relaxation in the Know Your Customer (KYC) requirements for mutual fund investors, including non-resident Indians (NRIs), in response to consumer feedback. According to a communication seen

India expects an inflow of $30-40 billion funds post June

As the Indian market eagerly awaits the announcement of election results on June 4, a potential period of significant economic activity looms on the horizon. Should a stable government be formed, financial experts anticipate a considerable influx of foreign capital,

Indian wanderlust for Europe soars with visa applications jumping 43%

European vacations are hotter than ever for Indian travelers, with a recent European Commission report showing a massive surge in Schengen visa applications. The report found a whopping 43% increase in visa filings from India in 2023 compared to the

Pichai wows I/O with Google’s next-gen AI, Gemini

Sundar Pichai, CEO of Alphabet and Google, announced a significant leap forward in artificial intelligence (AI) with the introduction of Google Gemini AI models at the company’s I/O conference this week. Pichai emphasized Google’s extensive experience in AI, stating the

DBS Private Bank Expresses Confidence in Hong Kong NRI Desk

In the dynamic landscape of private banking, DBS Private Bank has found itself at the forefront of a shifting tide in demand for its non-resident Indian (NRI) services. Vikas Jaidka, the head of Middle East, Africa, and NRI for the

Learn all about the 2024 Know India Program for Young PIOs in India

In a bid to strengthen the ties between the Indian diaspora youth and their ancestral homeland, the Ministry of External Affairs introduces the 75th edition of the Know India Programme (KIP). This three-week immersive experience, slated from July 7th to

New H1B Visa Guidelines for Laid-Off Holders Released by US

The US Citizenship and Immigration Services (USCIS) has rolled out new guidelines aimed at assisting H-1B visa holders navigating employment termination amidst recent mass layoffs announced by major corporations such as Google, Tesla, and Walmart. These guidelines provide a lifeline

DLF to unveil ₹36,000 crore real estate projects this year

In a bold move within the real estate sector, DLF, a prominent player, is gearing up to unleash a wave of new projects covering an expansive 11.6 million square feet. The potential sales from these ventures are estimated to soar

Sahebaan Welfare Trust initiates membership campaign in UAE

Sahebaan Welfare Trust (SWT) Mangalore embarked on its membership induction drive with a flourish, holding a grand event at the premises of Northern Insurance Company on Sheikh Zayed Road in Dubai, United Arab Emirates. In attendance were esteemed trustees and

Indian victims of OPT fraud get a second chance in the US

In a pivotal decision, the US district court has greenlit an agreement to rescind sanctions imposed on more than 90 foreign nationals, a significant portion hailing from India. These individuals had previously been subjected to entry bans or visa refusals