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Maximum 4 expats in each Indian branch: RBI to foreign banks

Maximum 4 expats in each Indian branch: RBI to foreign banks

A foreign bank can deploy a maximum of four expatriates for each branch opened in India and not more than six expatriates for their Head Office functions, the Reserve Bank (RBI) said Thursday.

Arun Jaitley vows corruption-free governance, reasonable tax rates

Arun Jaitley vows corruption-free governance, reasonable tax rates

Seeking investments to boost growth, Finance Minister Arun Jaitley on Thursday vowed a corruption-free governance, reasonable tax rates and non-discretionary allotment of natural resources to make it easier for companies to do business in India.

Delhi tops chart to start a biz in India: WB study

It is easiest to start a business in New Delhi within India, while Hyderabad is the fastest for closing an enterprise, says a World Bank study.