Tag Archives: NRIs

NRIs can vote now, says Prime Minister Manmohan Singh

Today while addressing the 10th annual diaspora meet called the Pravasi Bharatiya Divas (PBD), Prime Minister Manmohan Singh promises to fulfill the long-standing demand of its diaspora to allow Non-resident Indians (NRIs) to vote and participate in the election process. The Prime Minister Manmohan Singh stated in the meet, “Pursuant to the law that was [...]

Govt allows NRIs to directly invest in Indian Stocks

From January 15, foreign individual investors, pension funds and trusts can invest directly to access stock market, a fresh report revealed on Sunday. In a statement, the government said,” The central government has decided to allow qualified foreign investors to directly invest in (the) Indian equity market in order to widen the class of investors, [...]