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Borrowing from a Foreign National or Non Resident Indian

Borrowing from a Foreign National or Non Resident Indian

CAN AN INDIAN CITIZEN BORROW FROM A FOREIGN NATIONAL OR AN NRI? Not only an individual but an Indian company can also borrow from a foreign national or a Non- resident Indian (NRI). However, these borrowings are subject to certain conditions and policies that are regulated by the Ministry of Finance and the Reserve Bank of India. The RBI is responsible for and overseas all lending and borrowing between residents of India and non- resident Indians. WHO IS A RESIDENT…

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Industry Hopes for Easier FDI Norms in Multi Brand Retail

Industry Hopes for Easier FDI Norms in Multi Brand Retail

“In line with 100% FDI in food retail, a similar policy could be considered for multi-brand retail in products that can be fully manufactured in and sourced from India,” the Federation of Indian Chambers of Commerce and Industry, told Finance Minister Nirmala Sitharaman . The debate over allowing easier foreign direct investment (FDI) norms for multi-brand retail has arisen once again. According to Finance Minister Sitharaman, multi-brand trading wasn’t going to be possible before farmers and retailers provided enough resources to face…

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India May Soon Be In The Top 20 Outbound FDI Club

India May Soon Be In The Top 20 Outbound FDI Club

According to a survey of Investment Promotion Agencies (IPA’s) by the United Nations Conference on Trade and Investment (UNCTAD), India may soon enter the league of top 20 global sources of Foreign Direct Investment (FDI). It may break into the top 20 countries as soon as the end of 2019. Along with India, UAE is also said to make an entry in the league and become for the first time among the top FDI sources for the 2019- 2021 period….

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Borrowing Money From Abroad

Borrowing Money From Abroad

More often than not, people are required to borrow capital in order to kick start a business or widen the horizons of an existing one. At some point or the other, people have to consider borrowing money. More people are looking towards foreign loans as an option for funding? The reason they are looking beyond border lines is because of the possibility of borrowing money at a cheaper interest rate. Yes, you can borrow money at a much cheaper interest…

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Foreign Funding for NGO in India

Foreign Funding for NGO in India

The role of an NGO is significant while talking about the economical and physical progression of the weaker sections of the society. NGO’s are partially or entirely dependent on donations from both foreign and domestic sources. The struggle of an NGO to stay afloat in times of scare fund is not unknown. In such times, receiving foreign equity inflows in the NGO sector can directly result in social and economical development of the country. Individuals, campaigners and activist groups belonging…

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