Category Important Update Analyzed, Investments, NRI / OCI Forex Remittances allowed upto US $125,000; FPIs can trade in currency derivatives; and NRIs allowed INR upto Rs. 25,000 June 3, 2014 RBI in a bi-monthly Monetary Policy Statement on June 3, 2014, announced 3 important measures... Tags currency derivative, exchange traded derivative, Foreign Portfolio Investor, forex remittance, FPI, Liberalised Remittance Scheme, Liberalized Remittance, limit, LRS, Non resident indian, NRI, RBI, RBI monetary Policy, RBI policy, RBI policy review statement Read More Category Important Update Analyzed, Investments, NRI / OCI, Wealth Management Destination India: How to Invest in World's next bull market May 22, 2014 Election result of India, the Biggest democracy in the World, gave clear mandate to the“Development”... Tags FDI, Foreign Direct Investment, Foreign Portfolio Investment, Foreign Portfolio Investor, FPI, Growth, Narendra Modi, NRI, PIS, Portfolio Investment Scheme Read More