Any person or entity residing outside India is entitled to open a NRO account with an authorised dealer or an authorised bank for transactions conducted in Indian Rupees.
Individuals or entities of Bangladeshi or Pakistani nationality or ownership require approval from the RBI.
Types of Accounts
NRO accounts can be opened as current, savings, recurring or fixed deposit accounts. The RBI determines the rate of interest on these accounts and issues guidelines for opening, operating and maintaining them....

The Overseas Indian Citizenship (OCI) card scheme, launched by the government , has been a great success and the demand for OCI cards has been very high.

 Minister for Overseas Indian Affairs Vayalar Ravi said that close to 90,000 OCI cards have been issued ever since the scheme was announced at the Pravasi Bharatiya Divas  in Hyderabad.

Persons of Indian origin (PIO) in countries that allow dual citizenship can apply for the card. An OCI cardholder enjoys all benefits that an Indian citizen enjoys except for voting rights and the right to hold constitutional posts like the president, vice-president or a judge of the Supreme Court or high courts.

India is in the first place in the world in providing education loans, benefitting 10 lakh students till September this year. The Finance Minister P Chidambaram at a function in Puducherry said, the banks in India have sanctioned 14,500 crore rupees as educational loans. The Finance Minister said, the Government has planned to further provide education assistance to the tune of 1,500 crore rupees to 15 lakh students

Hong Kong has an absolute army of tailors, and the city is rightly famed for being able to stitch-up top quality suits, at bottom dollar prices. The best Hong Kong tailors range from backstreet dives to fine boutiques in five-star hotels. Hong Kong has a global reputation for quality bespoke tailoring. Most of the poplar tailors who attract customers from USA, UK, Scotland, Ireland, France, Germany and Japan, besides China are Raja Fashions, Punjab House, Jim's Tailor Workshop and Sam the Tailor a.k.a Sams

Raja Fashions is already in the process of opening shop in Northern India. Famed as much for his tailoring, as for his offbeat ads and larger than life personality, Raja's excellent service and value for money prices have