Finance, Forex and Investments

How will RBI (reserve bank of india) help the Indian Aviation Sector to come out of crisis? I would like to have a systematic answer.

Who is the Chairperson of RBI (Reserve Bank of India) now ????

is all the private banking lockers is been approved by RBI(reserve bank of india) or goverment of india?

question about RBI (reserve bank of india)? the profit which RBI gets by lending money to other banks . where does this profit goes ??? does it goes in some one's pocket ???

Do you expect next Governor of Reserve Bank India to become Prime Minister? Understand from one of the News Columns that money in Swiss bank is being transferred to some third country. RBI must have got the in puts Do you now expect Governor of Reserve Bank India may become next Indian Prime Minister For Money in Swiss bank - I mean Indian Money ie Rs 2.5 Billion illegally deposited in Swiss banks

When did Reserve bank Of India established and who was the 1st Governor of the then RBI?

Why The Reserve Bank of India Is not withdrawing coins below 1 rupee denominations? Today even Banks refused to accept The 5 paisa, 10 paisa, 25 paisa , 50 paisa coins for deposit, Shopkeepers also denied to accept coins below 1 rupee . Those coins should be withdrawn from the market and RBI should give exchange value of those coins to the owner.

Which form of organisational structure does Reserve Bank of India follow? Also,please provide any kind of info related to 'Organisational structure of RBI' Thank you.

Please tell me the new Schemes of Reserve bank of India..Help me please for Sbi cle? Please tell me about the new schemes or events of Reserve bank of India. i have to give Sbi clerk Interview. May be they will ask about Rbi new schemes or plans.. Please tell me About RBI new schemes , plans etc. Whic is important for interview purpose...

Is it legal to doing legit jobs during reserve bank of india rules for indian paypal users? ? I m thinking of doing legit jobs.but for the rbi rules in payal using indians.i got little bit nervous.please suggest me.

does western union have any connections with reserve bank of india? like i want to fund it to etoro but i dont want it to be reported it to rbi

how much does the Reserve bank of india print the currency? hai i have one doubt.. the currency (notes) which we use are printed by RBI, means India,... how much they print the notes, do they have any guidlines for printing the notes, because i always think if the government can print the notes, and circulate it throughout india, why does government say that it does have enough money,,, they can print and given it to the poor people is it, then why they are not doing that, my questions seems stupid i know, but i want to know what is the reason for it. pls answer it

DOES SAHARA IN INDIA CONTINUE TO COLLECT THE RECURRING DEPOSITS AFTER BAN OF RBI ? Reserve Bank of India put ban on sahara to collect the deposits from people. Then Sahara gave details that theeir financial position is strong and hence they can collect the deposits from persons. What is the latest status ? Does Sahara continue to collect the money from people ?

if bank doesn't reschedule the accounts even after RBI notifications of 2008, what is to be done? In 2008 reserve bank of india issued a guideline for the reschedulement of accounts but more than 2 years have passed and our banked has not followed the guidelines for reschedulement inspite of our continuous reminders, what to be done?

When $1 is exchanged at Rs. 45, does it mean RBI holds $1 in reserve for every Rs 45 in circulation? If the exchange rate of INR is 1$ = Rs 45, then does it mean that Reserve bank of India keeps $1 in its reserve for every Rs 45 in circulation?

Reserve Bank of India Mid-term Review of Annual Policy for 2006-2007? As I got to know from the latest RBI Mid-term Review of Annual Policy for 2006-2007 that "Resident individuals would henceforth be free to remit up to US$50,000 per financial year for any current or capital account transaction or a combination of both, as against the earlier limit of US$25,000. The existing facilities for gifts, donations and investment by resident individuals in overseas companies would be subsumed under this revised limit. The existing facility for private travel up to US$10,000 per financial year will continue to be available on a self-declaration basis." I would like to remit up to US$50,000 per Resident individual per financial year for 4(Four) Resident Indian Accounts. Kindly let me know the procedure about how can I remit funds.

Is Mrs. Grace Kushie,the International Remittance Manager for the Reserve Bank Of India.? Ref.N0. BIB/fxe/BF/234/RBI/09/09

inflation & role of RBI? topics of inflation & role of Reserve Bank of India (RBI)

can u pls tell about per capita net state domestic product in the website of reserve bank of india? question is like this visit rbi website.download the data on per capita state domestic product.compare the per capita domestic product of states and draw conclusion.

who is the director of RBI ? RBI - RESERVE BANK OF INDIA

What are the particulars of our country India, that we can be proud of? I have a few.Add a few too guys & gals? Some of the things you must know about India, especially if you're an Indian. I have missed a lot to mention here. So please add on your knowledge too. Gross Domestic Population 4.726 Trillion!!!! 38% of Doctors in America are Indians! 12% of Scientists in America are Indians!! 36% if the NASA employees are Indians!!! 34% of Microsoft employees are Indians!!!! 28% of IBM employees in the world are Indians!!!! Rajiv Gupta (Indian) The General Manager of Hewlett Packard!!! Vinod Dahm (Indian) Invented the Pentium Chip!!! Sabeer Bhatia (Indian) Founder and creator of Hotmail!!! Lakshmi Mittal is the 5th richest man in the world and the richest man in England!!! His house is the most expensive house in the WORLD worth 70 Million pounds. Sanskrit is the mother language of all European Languages!!!! Sanskrit is the most suitable language for computer software as reported in Forbes Magazine 1987!!!! Chess was invented in India!!!! We have been to the moon and back. Sushruta (Indian) Is the father of Surgery!!!! 2600 years ago he and his health scientists conducted complex surgeries like fractures, artificial limbs, urinary stones, brain surgery and even cosmetic surgery!!!! Aryabhatta invented the number Zero!!! Budhayana first calculated the value of pi (3.14)!!! He explained the Pythagorean Theorem!!! He discovered this in the 6th century long before the European Mathematicians!!! India invented the number system!!! Algebra, Trigonometry & Calculus came from India!!!! Albert Einstein once said " We owe a lot to the Indians who taught us how to count, without which, no scientific invention or discovery made, would have been worthwhile." !!!!!! We have over 5600 Newspapers & 3500 different magazines with approximately 120 million readers everyday!!!! India has the 3rd biggest army in the world 1.5 million men!!! Ayurveda is India's own medical science related to nature. Now the world seems begging more of it!!! Alexander THE GREAT tasted defeat for the first time being defeated and driven back by the Indian warriors!!! He could conquer the world but failed to do so in India!!! I don't have to tell you about SACHIN TENDULKAR!!! He is the living Don Bradman and he isn't finished yet. The Indian Railway is the largest railway system found in the world. Many foreigners who have lost their job are seeking for it in India and I'm talking about hundred thousands to a million. Our economy is the strongest in the world. Much stronger than China in the long run. Rest of the developed nations are now researching and learning the ways of the RBI (Reserve Bank Of India) in order to get out of the economic crisis they are facing. Well they too are facing it these days. Don't ever be ashamed of our population by any means, because in the end of many researches and studies conducted by foreign survey organizations, our population is the main reason for a stronger economy. In an other context it's also said that within 40-50 years time the percentage of youth found in the developed countries are going to fall drastically. It's already happening and will only increase. Why do you think developed nations are unable to quench their thrist for nurses from around the globe throughout the entire year? We can be proud that a great percentage of women in our country are nurses & India is main supplier of nurses! I can only hope and pray that the people of India do not imitate the developed nations and limit themselves when it comes to population. If that does happen, it definitely will affect us negatively in the long run. I do agree that we have a long way to go, a lot to learn and correct. Hopefully, it won't take that long to reach there. But only PESSIMISTS see and promote the negative side which even the so called "developed countries" have. We have only started our journey to development and it's been only about 63 years since the British stopped robbing India of it's raw materials that's including gold, silver, various precious stones the size of a fist, sandalwood, spices, medicated herbs, sherbs. Look where we have reached in this short span of time. I'm not talking about a country I'm talking about a sub continent. 63 years is really a shot period of time. No country has ever made progress in such a scale in this time frame. Imagine who we will be in the next 50 years time!!! I'm an Indian & A Proud One Too. JAI HIND! Thank-you for reading. Pete :) Thank you Scott, run Joey run, Brahmanand & Ramasubramanian for adding details to the list, for your timely support & making corrections. Yes we do have a lot to correct. On the negative side, the changing governments have neglected a lot of groundwork which is important too for real development! You are right there. As for u 'OLD HOLLYWOOD' you're being a complete ass. I may have not mentioned about the negative of my country, but I certainly have mentioned about people like you. Modern Architecture is nothing compared to the Ancient ones. The geniuses of modern architecture don't have a clue on how ancient structures where built. Even with their modern technology, other than analyzing and studying these ancient structures they don't know where to start with.I never stated that the Europeans haven't contributed anything.Being a film maker,the style of Art,Music,Film Making in Europe has always attracted me.But we had all of that in India from way back

Can a NRI(Non-Resident Indian) have a credit card from an Indian bank like ICICI, HDFC bank? I was told by HDFC bank that if I stay overseas(outside India) for more than 183 days, I am a NRI(Non-Resident Indian) so my credit card will be cancelled. HDFC bank does not issue credit cards for NRI's according to RBI(Reserve Bank of India) regulations. Can someone please clarify this? Thanks Thanks to all who replied. Well, RBI(Reserve Bank of India) does not have such guidelines. It depends on bank to bank. A SBI(State Bank of India) NRI department official told me NRI's can get credit cards as long as the spending is for bonafide purpose and in accordance with FEMA regulations. If RBI had guidelines to not issue credit cards to NRI's, certainly a nationalized bank like SBI would be aware and would be adhering to it. Hope it helps someone like me.

How to Send Money From India to Australia? i'm Indian i want to send AUS Dollars to Australia From India. how to send it? is this illegal or legal way? does i 've to take permission from RBI (Reserve Bank of India)? Please Suggest Me . Amount is AUS 43500 $. i'm Indian i want to send AUS Dollars to Australia From India. how to send it? is this illegal or legal way? does i 've to take permission from RBI (Reserve Bank of India)? Please Suggest Me . Amount is AUS 43500 $. I've Bought a Property Over There in Australia When i've Been there But Given a Token Money of 1000 Dollar But Rest I've to Pay. Please tell me how to send? Our Indian Bank ask for Commission + Extra Undertable Money That i Dont want to pay. i dont want to pay any single money extra.

I need to know if Comet loans of UK is genuine or not. Are they lending loans in India? When I was surfing through the net finding about 'Loans in Goa in Google' I found about Comet loans from UK. I applied for $ 90.000 Dollars in it. They agreed to pay me the total amount of the loan.we went through as per their rules & regulations. we asked them whether we have to pay processing charges or any other fees. They told nothing to pay but only pay for RBI (Reserve Bank of India) for transferring US Dollars To Indian Currency. when thier agent reached at Mumbai's Airport India before handing me the cheque he's asking me to deposit Rs.33.700 INR. in Indian ICICI Bank Account holders name was Indian. How it could be?

what is the draw back of hsbc credit card.? why it is not working in india.? why does rbi(reserve bank of india) does not provide more license to foreing companies?

How to be a member in RBI s coin collectors group ? Hi i have been collecting coins for the past 6 months. I came to know that Reserve Bank of India has a special group for coin collectors. Can you give the eligibility and rules for becoming a member in coin collectors group.

Is the RBI public or private? I ask this in reference to the Fed in the US which is neither public nor private. Many top economists believe that the FED is the source of all current economic problems - either directly or indirectly. Give reliable sources & kindly refrain yourself from speculating or presuming that it is government because the name is Reserve Bank of India!!! As per RBI website it states that it is completely owned by Government of India. Does anyone have any other reliable source other than what the RBI website states? Is there any other means to find out? Problems in the US with respect to the FED is pretty serious and all signs point to becoming worse. It looks like a big fraud is sitting behind the FED & slowly people are becoming aware of the same. The current laws in US prevent the FED from being audited. Hence most of what they do with immense power of money is well a BIG secret!!!!!!! US senator Ron Paul is trying to amend the rules so that they can start by having a look at what the FED has been up to the last 100 years. 100 years...WOW!!!!!!!!!!

what are present crr,slr and repo rate in the country? the rates according to rbi(reserve bank of india)

What is Retail Prime Lending Rate (RPLR)? How does a borrower ( Home Loan ) is affected by the raise and fall of RPLR. What the the relationship between the RBI ( Reserve Bank of India ) to RPLP.

i had this email ? in this world why people are cheating us jobseekers? NDIA GOVERNMENT HOUSE. THE MINISTRY OF WORKS. INDIA. HELLO CITIZEN, THIS IS TO BRING TO YOUR NOTICE THAT THE GOVERNMENT OF INDIA HAVE CONCLUDED TO COMPENSATE SOME INDIA CITIZEN JOB SEEKER WITH THE SUM OF EIGHTY FIVE LAHKS (85LAHKS) TO ENABLE THEM SETUP THEIR OWN BUSINESS OR FIRM OF THEIR CHOICE. BE INFORMED THAT YOUR EMAIL WAS CHOSEN AS ONE OF THE GREAT BENEFICIARIES. YOUR EMAIL WAS SELECTED AMONG THE JOB OFFERS RESUME THAT YOU HAVE POSTED AND IT WAS MAINLY SELECTED FROM THE TIME JOB OFFICE IN INDIA. ALL YOU ARE ADVICE TO DO IS TO USE THE FUND AWARDED TO YOU JUDICIOUSLY AND EMPLOY OTHER JOB SEEKERS TO WORK FOR YOU IN YOUR BUSINESS FIRM OR ORGANIZATION THAT YOU ARE TO ESTABLISH WITH THE AWARDED FUND. YOUR WRITTEN CHEQUE OF EIGHTY FIVE LAHKS (85LAHKS) HAS BEEN ISSUED TO THE RESERVE BANK OF INDIA (RBI) FOR THE TRANSFER TO YOUR ACCOUNT. ALL YOU ARE NEEDED TO DO AT THIS POINT IN TIME IS TO CONTACT THE RESERVE BANK OF INDIA (RBI) VIA EMAIL WITH THIS BELOW DETAILS STATED BELOW. FILL THE BELOW DETAILS TO THE FINANCE MANAGER: 1. BENEFICIARY FULL NAMES: 2. BENEFICIARY FULL HOME ADDRESSEE: 3. BENEFICIARY TELEPHONE NUMBER: 4. BENEFICIARY BANK ACCOUNT DETAILS(number): 5. BENEFICIARY AGE: 6. BENEFICIARY RECENT PASSPORT OR PAN CARD: CONTACT THE RESERVE BANK OF INDIA (RBI) WITH THE ABOVE DETAILS FOR THE TRANSFER OF YOUR AWARDED AMOUNT. SHRI G. PADMANABHAN CHIEF GENERAL MANAGER DEPARTMENT OF PAYMENT AND SETTLEMENT SYSTEMS RESERVE BANK OF INDIA. EMAIL: www.reservebankofindia15@gmail.com AS SOON AS YOU CONTACT THE RESERVE BANK OF INDIA (RBI) WITH THE ABOVE DETAILS, YOUR AWARDED FUNDS OF EIGHTY FIVE LAHKS (85LAHKS) ISSUED TO YOU BY THE GOVERNMENT OF INDIA AND THE INDIA MINISTRY OF WORK WILL BE TRANSFERRED INTO YOUR ACCOUNT. BE INFORMED THAT YOU ARE TO START ACCESSING YOUR EMAIL EACH AND EVERYDAY AT THE CONFIRMATION OF THIS AWARDED FUND TO ENABLE YOU KNOW WHEN THE AWARDED FUND WILL BE TRANSFERRED TO YOUR ACCOUNT BY THE RESERVE BANK OF INDIA (RBI). MR. BASU THETE (Dr.) CHAIRMAN- COMMITTEE ON GOVT ASSURANCES GOVERNMENT HOUSE INDIA

can anyone pls supply me with information regd the rbi.? when i say information,i mean the role of rbi and the importance of the reserve bank of india.i want no other info,pls.these 2 things r very important as i m doin a project on them and i have 2 submit it soon.

Mr Raymond Green (IMF UK Branch) International Payment Department Payment Approved? Attention, Congratulation, your E-mail address has just been approved for payment of Ј800,000.00GBP by the International Monetary Fund (IMF). These outstanding arrears and the long over-due payment has been transferred to "RBI SUSPENSE ACCOUNT". You are required to update this office and reconfirm your full banking information, 1.Contact Address 2.Mobile number for onward transfer. Below Is the Transfer Details. Account Code: QW-21905-AZ Withdrawing Code: ************** From : Corresponded account no: 46587921354 Format: Standard Top World Bank Issuing Bank: Reserve Bank Of India(RBI) Current Status: Pending Transfer Total Amount: Ј800,000.00GBP Currency : GBP Interest: Zero (0.0%). Contact Email: imf.fundsdept@kimo.com Upon the receipt of this notification, we would commence with the telegraphic transfer to your local account Regards, Mr Raymond Green (IMF UK Branch) International Payment Department Payment Approved

About forgiveness Education loan (Free)? I applied a education loan of 2.60 lacs in 2005 for engineering but after engineering i cant find a job due to ressesion till now (after 2 years of course completion), i m trying my best to find a job but......Now State Bank of India told me that you have crossed the limits and your account is gone to N P A status due to non payment of interest and installments and a legal action is made against you. Now what should I do, Branch manager refused to do anything in my favor . Is there any way of forgiveness of this loan by RBI (Reserve bank of India) or something else should i do.

current CRR AND SLR rate announced by RBI OF INDIA? latest and current cash reserve ratio and statutory liquidity ratio announce by rbi india for indian psu banks

RBI to increase intrest rate for deposits in all the banks. whether it's right time to invest in F.D or R.D Due to inflanation Reserve bank of india is going to increase rate of intrest for deposits . whether it is right time to invest in recurring deposits or fixed deposits.

Indian bank laws on refusing someone's credit card application? What does RBI(Reserve Bureau of India) stipulate for banks(nationalized and private) when they refuse someone's credit card application, though the person has never defaulted on any loan, provided all the required documents and has a decent income(more than 50K per month), has no loans etc.? Banks have refused my credit card application and not even providing me with the reason. HDFC bank refused me credit. Did not give me any reason. Sent a letter to Banking Ombudsman of Mumbai a week ago. Still, no response. In India, suing typically does not work Even SBI follows the same lamentable policies of refusing credit without any reason.

What is the RBI guideline? I had an FD of 300 K with a private bank, interest payable on a monthly basis.. Due to personal reasons I had foreclosed it. While settling the bank had deducted about 5% as foreclosure charges, i.e., about 12000+ monthly interest payable. Would anyone let know what is the guidelines provided by the Reserve Bank of India and if the amount deducted is excessive, the procedure for recovery.

do any one of you have idea on how rbi intervenes in forex market? i am doing a project on central bank intervntion in forex market. iam trying tom find out whether the methods adopted by other central banks like federal reserve bank of US. to implement in india. post ur answers here.

who is the governor of RBI? i want to know who is governor of Reserve Bank of india

where to get new 10 rupees coins in chennai? HI, I had heard that Reserve Bank of India has released new coins in 10 and 5 rupees. can some one tell me where to get those coins in chennai. I heard that RBI has some vending machine in Chennai. Can some one please confirm it. Sethu www.varshaherbals.com Best Herbal Products for Hair care and Skin care.

E-book,website,book..about terms related to various functions/policies.. of RBI? Reserve Bank Of India Basic Terminology

US report : May be Rahul Gandhi vs Narendra Modi affair in 2014 polls. Why not PM Manmohan Singh ? May be Rahul Gandhi vs Narendra Modi affair in 2014 polls ----------------- http://timesofindia.indiatimes.com/india/May-be-Rahul-Gandhi-vs-Narendra-Modi-affair-in-2014-polls-US-report/articleshow/9979328.cms ---------------------- Why not PM Manmohan Singh ? Is Rahul Gandhi more mature & Qualified than PM Manmohan Singh - Manmohan Singh -------- http://en.wikipedia.org/wiki/Manmohan_Singh ----- Manmohan Singh who had held so many Posts under Governemnt of India - 1. RBI Governnor 2.Finance Minister 3.Deputy chairman of the Planning Commission of India from 1985 to 1987. 4.Secretary General of the South Commission, an independent economic policy think tank headquartered in Geneva, Switzerland from 1987 to 1990 Positions held by Manmohan Singh ----------- Chief, Financing for Trade Section, UNCTAD, United Nations Secretariat, Manhattan, New York 1966 : Economic Affairs Officer 1966 Economic Advisor, Ministry of Foreign Trade, India (1971–1972) Chief Economic Advisor, Ministry of Finance, India, (1972–1976) Honorary Professor, Jawaharlal Nehru University, New Delhi (1976) Director, Reserve Bank of India (1976–1980) Director, Industrial Development Bank of India (1976–1980) Secretary, Ministry of Finance (Department of Economic Affairs), Government of India, (1977–1980) Governor, Reserve Bank of India (1982–1985) Deputy Chairman, Planning Commission of India, (1985–1987) Secretary General, South Commission, Geneva (1987–1990) Advisor to Prime Minister of India on Economic Affairs (1990–1991) Finance Minister of India, (21 June 1991 – 15 May 1996) Leader of the Opposition in the Rajya Sabha (1998–2004) Prime Minister of India (22 May 2004 – Present)

About Nokia Mobile Telecoms Lottery winning prize confusion.? I have won Winner Of The Nokia Mobile Telecoms Lottery, my all procedure is completed and my winning prize is credit in Reserve bank of India, New Delhi. but RBI Required COT ammount of 140000 Rupee. this information not given to me by Mr.John Herry The Nokia Mobile Telecoms Lottery delevery officer and Mr.Omprakash Account Officer of Reserve bank of india. it Compulsory of paid of COT ammount ? if I am not capable of payment od COT ammount then what done ? if I do not paid COT ammount this time then how much time my money credit in bank ? I have also paid 92000 /- Charge to Mr.John Harry . after this payment I am not capable another payment of 140000 /- COT ammount. because I have Collected above 92000/- on the Interest of 10% by another person. please Sir help me about my above Condition.

Whether GOI is keeping Dollars as reserve fund with Central Bank of America? Its implications on Rupee value? RBI is keeping Gold as reserves for printing Indian currency. If India is keeping its surplus foreign currency in $ with USA then it is loosing its capital due to depreciation in value of $ vis-a-vis Rupee? Is India facing this situation? Why cann't India invest in purchase of other currencies which have a trend of appreciation in value? Raising CRR or reducing rate of interest on savings is not the right solution as it would result in financial crunch. and dishearten the domestic trade. Why cann't India use surplus foreign exchange to develop or procure items of Infrastructural support? Even if there is deficit financing or fiscial dificit, how is it adverse to our economic interest. USA is consistently using this method in its national economy. With Rupee going strong, why India is accelerating its policy of attaching no controls over valuation of currency when China is deliberately controling Yuan at under-rated value to serve its export policy and is trade surplus state.

India, China to escape economic downturn: German economist? (The Hindu, Aug 10, 2006) India and China will escape the downturn that other countries in the world are expected to face, with Asian countries expected to grow by at least seven per cent and nine per cent respectively during the current fiscal, Deutsche Bank Chief Economist Norbert Walter said on Wednesday. Delivering a lecture on "World Economy--Longest Ever Recovery About to End?", Walter said he sympathises with the concerns expressed by the Reserve Bank over inflationary expectations in its quarterly review of the monetary policy. RBI had hiked interest rates, at which banks park their short term funds with the central bank and vice versa by 0.25 per cent each, leading to increase in interest rates by some banks. To make up for the slowing down of investment that certain interest rate sensitive areas may witness, India should facilitate pumping of funds in other areas, he suggested. source:http://www.zoomchina.com.cn/index.php?/content/view/11020/1/

+912264133146. where the number is from? is this no. of reserve bank of india in mumbai? the lady says she works in rbi? her name is mrs.kapoor? is that true

individuals are not allowed to deposit money in overseas or domestic forex brokers!!? hi, this is the new rule given by reserve bank of india - The Reserve Bank of India has today clarified that remittance in any form towards overseas foreign exchange trading through electronic/internet trading portals is not permitted under the Foreign Exchange Management Act (FEMA), 1999. The Reserve Bank has also clarified that the existing regulations under FEMA, 1999 do not permit residents to trade in foreign exchange in domestic / overseas markets. Residents are, however, permitted to trade in currency futures and options contracts, traded on the stock exchanges recognised by the Securities and Exchange Board of India (SEBI) in India, subject to the conditions specified by the Reserve Bank from time to time. Background The Reserve Bank had noticed advertisements issued by electronic / internet portals offering trading or investing in foreign exchange with guaranteed high returns. Many companies even engage agents who personally contact gullible people to undertake forex trading/ investment schemes and entice them with promises of disproportionate / exorbitant returns. The Reserve Bank of India cautions the public not to remit or deposit money for such unauthorised transactions. The advice has become necessary in the wake of many residents falling prey to such tempting offers and losing money heavily in the recent past. now i was wondernig - Say one earns $ 1000 every week for at least 5-6 weeks starting with a $1000-1500 account, which is easily possible in forex trading. Are there any rules for inward remittance or i can just keep withdrawing the money as it comes? Is there any upper cap as to how much i can receive in an year ? I ask cos i can easily deploy $3-4k for forex trading, andi am not breaking the above rule because Rest assured, RBI or any local legal body will not penalize me for bringing money into the country. It is only the outward remittance that is being frowned upon. ?? right? ????????? because only sending money outside is not allowed but can i withdraw as money comes?

can a husband be made ajoint member /coowner in aflat in coperatve housing society following model byelaws ? the society was formed earlier by reseve bak employees, and wass mortaged to R:BI.I, as members were eployees of R.B.I, availed of Bank loan. now bank loan is repaid. can the husband off rbi employee ask housibg society to be made joint owner in the said flat. society says only one person can hold a flat not 2 people therefore refuse to make the husband a joint owner,also husband before marriage had conntributed 50 % of cost of flat, but society refused to make him joint owner thatonly rbi employees can be made joint owner and the whole building was mortgaed to reserve bank of India. now the ldg is old, free from mortgage , loan paid off, and still secretary of housing society refguses to make husband the joint owner in the said flat or co owner . how do i rsolve this problem. i seek aquick solution to this problem.

what does this written document in english mean in simple words? 10.5.2011 (UNI) The Reserve Bank of India today invited comments for review of procedures relating to foreign exchange facilities to individuals, residents/NRIs and Persons of Indian Origin (PIOs). The Reserve Bank has invited comments/suggestions from the members of the public and other stake holders on the foreign exchange related schemes/ facilities available to the individual residents, Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs) and expatriates employed in India under the provisions of the Foreign Exchange Management Act, 1999 (FEMA) and administered by the Reserve Bank/Authorised Persons dealing in forex. The comments or suggestions could relate to deposit account, investment facilities, acquisition/sale of immovable property, remittance/ repatriation of funds, remittance facilities for individuals or any other related procedural issue, a RBI statement said. The feedback on these issues may be forwarded to the Chief General Manager-in-Charge, Foreign Exchange Department, Reserve Bank of India, Central Office Building, 11th floor, SBS Road, Mumbai-400001 or e-mailed latest by June nine. It may be recalled that in the Monetary Policy Statement for 2011-12, it has been announced that the Reserve Bank recognises the need for facilitating genuine foreign exchange transactions by individual residents/NRIs and PIOs under the current regulatory framework of FEMA. Keeping this in view, a Committee, under chairperson Ms K J Udeshi, comprising the representatives of various stakeholders, has been set up. The Committee will identify areas for streamlining and simplifying the procedure so as to remove the operational impediments, and assess the level of efficiency in the functioning of authorised persons, including the infrastructure created by them, the statement added. DOES THIS MEAN THAT WE WILL BE ABLE TO TRADE FOREX MARKET IN FUTURE?

Here's something that happens only in India...What do you think? The Reserve Bank recently issued new Two-Rupee coins that had a smaller-than-usual set of Ashoka Lions one one side and altogether dispensed with the map of India on the other. In its place we have a cross-shaped figure that to me seemed to be four humans holding up their hands in harmony.( It is the picturistation of "Unity in Diversity" according to RBI) But no, something like that could not be allowed to pass when a juicy controversy could be milked out of it. Now the cross has come to represent sinister plans to christianise the nation, with Italian-born Congress President Sonia Gandhi being the usual supect. Phrases like "sentiments of the communities"and "minority appeasement" are already flying about and the 24*7 "news" channels are having a field day. For a picture of the new coin, see: http://www.tribuneindia.com/2007/20070106/biz.htm For an idea of how the internet-enabled idiot's mind works, please visit: http://www.newstodaynet.com/2007sud/mar07/210307.htm

FED printing money `out of thin air`? FED printing money `out of thin air`.... in US it is said (though not confirmed), money is created at the stroke of the pen when u apply for loan at a bank..... banks needs to have only 10 %( Reserve Ratio) with the FED to issue 100 % of the amount thus creating 90 % of money flow out of thing... some argue that this RR should be made 100 % is it applicable to India also? do we work on the same principle or other? In India, CRR ( say 10%) is the amount banks need to deposit with RBI to lend 90 % but this 100% are bankdeposits only, which it received from the customer.... Thus, here no money creation by private banks am I right? Correct me anywhere if am wrong....or is it like US? Bit confused on this....... Victor you are right but you didnt answer my question. I am asking whether govt is creating money or private banks as might be the case with US? That is say if in India if private bank is depositing 10 Rs with RBI does it have right to give 90 Rs of a loan to borrower? Considering say only 10 Rs deposits are available with the bank. You got my point? Or it can give loan upto 10 Rs? So is it 10 or 90? Thanks Mike Z for your answer but still not fully convinced @`Good as Gold` info shared by you is good..... am going through it.... but still I want my answer in simple term whether the same banking technique of FED printing money is applicable to India also or is it different? Correct me if am wrong, If private bank in US have 10 deposit then it can disburse a loan of loan 90 to people depositing 10 to FED... is it the same case with India? say private bank in India have 10 then can it disburse loan of 10 or 90 while depositing 10 with RBI? so is it 10 or 90 for India?

Can you help me with some / any of these economic Indices / Statistics please ? Not All, Any will do? I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds

Whether GOI is keeping Dollars as reserve fund with Central Bank of America? Its implications on Rupee value? RBI is keeping Gold as reserves for printing Indian currency. If India is keeping its surplus foreign currency in $ with USA then it is loosing its capital due to depreciation in value of $ vis-a-vis Rupee? Is India facing this situation? Why cann't India invest in purchase of other currencies which have a trend of appreciation in value? Raising CRR or reducing rate of interest on savings is not the right solution as it would result in financial crunch. and dishearten the domestic trade. Why cann't India use surplus foreign exchange to develop or procure items of Infrastructural support? Even if there is deficit financing or fiscial dificit, how is it adverse to our economic interest. USA is consistently using this method in its national economy. With Rupee going strong, why India is accelerating its policy of attaching no controls over valuation of currency when China is deliberately controling Yuan at under-rated value to serve its export policy and is trade surplus state.

Can Any one want to open a paypal account ? If Any Indian want to open and verify paypal account, Kindly call at following number. Mr. Tejendra +919420578717 We open your paypal account using RBI Reserve Bank of India Guide lines. and verify between 15 to 20 days. Call me +919420578717

Rules for transferring amount between paypal and alertpay? I am thinking to provide an online service of transferring balances from paypal to alertpay and vice versa for online users. Please let me know it is legal or illegal and if it is legal then where I can get the rules and regulations(according to any particular authority, associated with this process). And if I will take the amount in my own account of paypal or alertpay and send them to respective parties(who are wanting to have the balances) then it will be legal or illegal? Will I have take permission from the RBI ?(Reserve Bank of INDIA) as I am from INDIA.

Do Reserve Bank of India Has all details regarding account holder in a Given bank Account? Hello to all , pls tell me one thing that whether RBI has all details regarding Account holder Detail , Let say One's name, Adderess, Transaction amt he or she made during an Financial Year .Pls post ur reply as soon ??

Can a Indian Resident in India can trade in Forex Market through Online Trading Platforms? Also please Clarify whether it is LEGAL to carry on Forex Trading by Individuals under the scanner of RBI ( Reserve Bank of India)?????

Can you help me with some / any of these economic Indices / Statistics please ? I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds

Can you help me with some / any of these economic Indices / Statistics please ? Not All, Any will do? I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds