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Press Releases in 2005 |
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PRESS NOTE NO. 4 (2005 SERIES) Dt : 31-8-05 investment by Non-resident Indians (NRI) made in foreign exchange on non-repatriable basis was allowed to be made fully repatriable whereas investment made in Indian rupees through rupee account continued to remain non-rapatriable. |
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PRESS NOTE NO. 3 (2005 SERIES) Dt : 15-3-05 Clarification regarding Guidelines pertaining to approval of foreign/technical collaborations under the automatic route with previous ventures/tie-ups in India. |
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Government have issued Press Note 1 (2005 series) containing Guidelines pertaining to approval of foreign/technical collaborations under the automatic route with previous ventures/tie-up in India. Dt: 13-1-05 |
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The Union Cabinet gave its approval for amendment of the Citizenship Act, 1955; ...more |
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Press Releases in 2004 |
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Highlights of Foreign Trade Policy
... dated August 31, 2004 |
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Glossary of Terms - Foreign Trade PolicyLOSSARY OF TERMS – FOREIGN TRADE
POLICY ... dated August 31, 2004 |
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Current
Account Transactions Further Liberalised
... dated February 16, 2004
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Prepayment of Foreign Currency Loans
... dated February 16, 2004
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Press notes issued by the PIB
... dated February 7, 2004 |
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Simplification and Rationalisation of procedures under FEMA
... dated February 6, 2004 |
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Liberalised Remittance
Scheme of USD 25,000 for Resident Individuals
... dated February 4, 2004 |
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Prepayment of Foreign Currency Loans ... dated January 30, 2004
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External Commercial Borrowings (ECBs) Guidelines Amended ... dated January 19, 2004
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Overseas
Investment by Indian Companies / Partnership firms -Liberalisation of Automatic Route;
- Facilities for Investment in Agriculture ... dated January 13, 2004 |
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Parliament passed a Bill to grant dual citizenship to the
People of Indian origin belonging to 16 specified countries. |
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Press Releases in 2003 |
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RBI's
General Permission for SEBI registered FIIs
... dated 17 December, 2003 |
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Pay Income-tax dues in advance at any designated bank branch : RBI ... dated 10 December, 2003
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Nomination in favour of NRI by Investors in Savings Bonds ... dated 10 December, 2003
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Prudential Guidelines on Banks’ Investment in non-SLR Securities ... dated 10 December, 2003 |
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Residential Status of Indian Students Abroad Revised ... dated
8 December, 2003
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Public should be made aware of their
Rights vis-à-vis Banks : RBI Deputy Governor ... dated 5 December, 2003
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Government
revises External Commercial Borrowing Policy ...
dated 12 November, 2003 |
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RBI cannot grant banking licence to cooperatives: SC ...
dated 18 September, 2003
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Current Facilities available to Non-resident Indians (NRIs) including Persons of Indian Origin (PIOs) for investments in India ...
dated 18 September, 2003 |
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Overseas Corporate Entities owned by NRIs are on par with Foreign Investors : RBI clarifies ...
dated 18 September, 2003 |
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Investment Activities of Overseas Corporate Bodies (OCBs)
... dated 16 September, 2003 |
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Ceiling on Interest Rate on NRE Deposits ...
dated 15 September, 2003 |
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Non-Resident Indian Deposits: Arbitrage Opportunities
... dated 22 May, 2003
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Extension of credit /
non-credit facilities to Indian Joint Ventures (JVs)/ Wholly Owned
Subsidiaries (WOSs) abroad and extension of buyer's credit and
acceptance finance to overseas parties by banks in India ...
dated 22 May, 2003 |
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Facilities to NRIs/PIOs
and Residents |
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ADR/GDR
Sale Proceeds can be held in Foreign Currency |
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Press Releases in 2002 |
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Prepayment
of ECB under Automatic Route raised to US$ 100 million without any condition |
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Liberalisation of Loans from Close Relatives
outside India |
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Procedure for Release of Foreign Exchange for Medical Treatment
Abroad Liberalised |
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EEFC Account Scheme for EOUs further
liberalised |
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Professionals can now open EEFC account out of
Foreign Exchange earned by them |
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Guidelines for Euro Issues by
Finance Ministry |
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Lock-in
Period for Repatriation of Sale Proceeds of Immovable Properties for NRIs/PIOs removed |
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RBI
liberalises norms for issue and pricing of shares of private sector banks |
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Interest
on Relief Bonds - Clarification |
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Clarifications on Government of India Relief Bonds Scheme |
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Investments
by NRIs/PIOs in the shares of Indian Companies |
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Investment
in Indian Companies by FIIs/NRIs/PIOs |
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RBI
Governor's Comments on Budget |
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Operative
guidelines for the limited two way fungibility under the "issue of Foreign Currency
Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme,
1993" |
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U.S.
Company Offering Services |
