Founder of Dubai-based firm NMC Healthcare, B R Shetty, claims it sank because the two entities turned a blind eye to a series of allegedly fictitious transactions. Dubai-based billionaire BR......
After the fall in the rupee's value, the flows are growing at 15-18 per cent. The fall in the rupee's value against the dollar has pushed the pace of remittances from Indians abroad by 18 per cent.......
Remittances by non-resident Indians (NRIs) saw a 27 per cent jump at $ 6.5 billion (Rs 39,991.9 crore in present valuations) between January and September this year, as against 7 per cent growth......
Average amount stands at Rs 1.5-2 cr, while borrowing sources are not only banks but friends as well Non-resident Indians (NRIs) are taking loans to remit more money to India to benefit from the......