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Sahara India launches Sahara Care House for families of NRIs

Mumbai, Feb 22 (UNI) With a view to tap into the lucrative NRI remittance market, Sahara India today launched Sahara Care House, a single window service platform for Global Indians.

''Research shows that India receives the highest remittance globally, worth nearly USD 23 billion, out of which 71 per cent is for family maintenance like education, support for parents, medical care and debt servicing. Sahara Care House will support these emotional and familial dimension by offering services that provide a physical support well beyond anything that can be achieved by monetary remittances,'' the CEO of Sahara Care House Romi Datta explained.

The event was graced by Indian cricketer, Virendra Sehwag.

This service will be available across 197 Indian cities through 249 centres catered by a highly trained workforce of 3,500 relationship ambassadors, Mr Datta added.

UNI

Major world currencies south bound

Mumbai, Feb 23 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India here today. (Figures in Rupess) Currencies Buy Sell US dollar 42.20 46.25 Sterling pound 82.70 90.00 Euro 55.10 60.40 Australian dollar 33.65 36.10 Bahrain dinar 110.90 123.30 Canadian dollar 35.75 39.35 Danish kroner 7.20 8.15 Egyptian pound 6.00 8.25 Hongkong dollar 5.30 6.10 Japanese yen/100 34.50 37.40 Jordan dinar 56.20 63.80 Kuwait dinar 140.00 159.05 Malaysian.....

Call money closes down at 6.20-6.50 pc

Mumbai, Feb 23 (UNI) Interbank call money today ended lower at 6.20-6.50 per cent, compared to 6.40-6.80 per cent on the previous day, dealers said. The rates mellowed on sound cash supply in the market. Finance Minister Palaniappan Chidambaram said on Thursday that he expected inflation to moderate in the coming days, helped by easing of supply shortages. The government and the Central Bank have recently taken a slew of measures to increase supply of food and basic commodities.....

Rupee closes weak at 44.20/21 against US dollar

Mumbai, Feb 23 (UNI) The rupee today closed lower at 44.20/21 against US dollar from its previous close of 44.25/26 at the Interbank Foreign Exchange (Forex) market here on sustained good buying support of dollar by foreign and nationalised banks. The domestic unit opened higher at 44.24/26 against the previous day's close of 44.25/26 on scattered selling pressure of dollar by bankers. Later, it recorded a low at 44.30/32 and a high at 44.20 during the intra-day trades. Business volume was.....
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