With the view to attract foreign currency into the country, most banks have raised their NRI deposit rates by 75 basis points.
“I extend an invitation to you all to visit Haryana to have first-hand information about the level and standard of infrastructure and the atmosphere which is extremely conducive for sustainable growth of trade and industry,”
India has one lakh high net worth individuals holding a collective wealth of a phenomenal $350 billion by 2006-end. With a growth rate of twenty per cent India now has the second largest population of HNWIs in Asia-Pacific region.
The US-based Spectrum International Llc, a company owned by a Non-Resident Indian (NRI) has announced an investment of Rs 2,000 crore in Haryana’s food preservation and processing industries.
Continuing with the trend they set earlier this year, non-resident Indians have kept focus on the silver lining to all the ‘Black’ days in the rather eventful journey of Indian stock markets of late.