Nri
Latest news, explainers and analysis on Nri. Tracking 4 stories on Arth Vani.
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Latest on Nri
BreakingPlanning to Move Abroad? Essential Financial Steps to Take Before You Relocate
Moving abroad offers exciting opportunities, but overlooking financial planning can lead to significant issues. It's crucial for individuals to address key financial areas, from banking and taxes to investments, well before their departure to ensure a smooth transition.
ABVKY Scheme 2026: Can NRIs Claim Unemployment Benefits Under ESIC Rules?
The Adarsh Rojgar Bima Yojana (ABVKY), an unemployment benefit scheme under the Employees' State Insurance Corporation (ESIC), has been extended until 2026. A key question for former Indian employees now living abroad is whether Non-Resident Indians (NRIs) remain eligible to claim benefits under its provisions.
Banks Brace for Higher Costs on FCNR(B) Deposits
Indian banks are likely to face an increase of 15-20 basis points in the cost of Foreign Currency Non-Resident (Bank) or FCNR(B) deposits. This rise is attributed to global interest rate trends and increased competition for foreign currency funds.
NRI Women's Global Investments Up 70%, Western Markets Favored Over Gulf
A new report reveals a significant surge in cross-border investing by NRI women, with participation rising nearly 70% in the past year. Their share among NRI investors climbed to 7.3%, indicating a growing financial independence. The study also highlights a strong preference for Western markets, where investment activity is nearly 1.7 times higher than in Gulf nations.
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