NRI investors

Although the depreciating rupee has wiped off the smile from people’s face, one group of people still seem to make the most out of the status quo-Non-Resident Indians. The two likely routes(tried and tested) for NRIs, for earning more value on individual investments are fixed deposit and real estate, however, the latter seems to be […]

* More than 45% depreciation in value of the rupee seen since August, 2011 against the US dollar. A US dollar which was fetching Rs.44 in August, 2011 will currently fetches around Rs. 64, which is a gain of Rs. 20 in two years. * Rupee also weakens against other major foreign currencies like the […]