Tag: LRS

How to reduce costs on your forex transfers from India

Currency Spread A bank or a financial institution charges a spread between the buying and selling price of a foreign currency. For example, if the...

Family offices seek out foreign partners as HNIs look to invest outside India

A surge in international investing by high net-worth individuals (HNIs) is pushing family offices in India to enter into foreign partnerships to deliver advice on...

We are planning to tie up with a new platform for global stock investing: B Gopkumar

You have a fee-only advisory service for high net-worth individuals (HNIs). What kind of traction are you seeing in it? We have set up an...

Investment in foreign stocks gets easier as LRS goes online

Indian residents can invest up to $250,000 per year in foreign stocks, bonds and ETFs. Making the money transfer to the foreign broker has traditionally...