Rashmi Sinha, Indian-born CEO of American company SlideShare, has been named by Playboy magazine as one of America's '10 Sexiest CEOs'.
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
Reduced hiring in the US market due to the lingering impact of the global financial crisis has resulted in a spike in the number of non-resident Indian resumes received by Indian human resources (HR) companies. Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
NRIs cannot claim tax benefits on home loans in India as they have to pay tax in the nation where they work and earn. However, they need to file tax returns to become eligible for home loans. But if they pay tax in India for income earned in India, they can claim tax rebate for the home loan.
Deputy leader of the opposition in Parliament Gopinath Munde told rediff.com he would seek the help of Right to Information Act to find out who was responsible for according the Padma Bhushan Award to non resident Indian hotelier Sant Singh Chatwal.
Inaugurating the eighth edition of the Pravasi Bharatiya Diwas, Dr Singh said: "I recognise the legitimate desire of Indians living abroad to exercise their franchise and to have a say in who governs India. We are working on this issue and I sincerely hope that they will get a chance to vote by the time of the next regular general elections."
Real estate majors, who had lined up projects in Punjab to woo non-resident Indians, have put on hold their plans indefinitely with most NRIs no longer keen to invest in these properties.
Indians living abroad are equally eligible for housing loans from banks here but with some riders.
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The Hinduja brothers, who top Britain's rich list, said in a statement that Finance Minister Arun Jaitley's Budget had set the direction for a 'very positive long-term agenda'.
Vedanta Resources, a global metal and mining company led by Non-Resident Indian billionaire Anil Agarwal, is looking to rationalise its workforce and reduce overall costs by 30 per cent to tide over the global economic downturn.
The Southern Illinois University School of Medicine in Springfield and the Prathima Institute of Medical Sciences, in Karimnagar, Andhra Pradesh, which was established at the initiative of a group of non-resident Indians, have signed a memorandum of understanding for fostering academic collaboration and improving rural healthcare. The agreement allows for student and faculty exchange between the two institutions.
In a concerted attempt to checkmate the Non-Resident Indians and overseas Indians deserting their wives after marriage, the Centre has decided to enforce compulsory registration of their marriages and help women fight their cases in India and abroad. The Law Ministry will be sending a proforma to state governments for uniform and compulsory registration of all marriages solemnised in India.
A bench of justices Tarun Chatterji, R M Lodha and B S Chauhan ruled that if Vijaysree fails to comply with the direction, the husband would be entitled to the custody of the child after the 15-day period and can take him to the US on his own
A 52-year-old non resident Indian, who was suspected to have contracted swine flu, died shortly after he was admitted to a hospital in Kerala's Kollam district on Wednesday night, a health official said on Thursday. The throat swabs of Stanley Pelis, who arrived in Kerala two weeks ago from the United Kingdom, have been sent to the National Institute of Communicable diseases, New Delhi, today morning. If confirmed, he would be the first victim of swine flu in the country.
Andhra Pradesh government has conveyed the deep concern and apprehensions of the people of the state over the incidents of murders of the people belonging to the state in the United States of America. Mohammed Ali Shabbir, minister for energy, coal, minorities' welfare and non-resident Indians affairs convened a high level meeting on the instructions of the Chief Minster Y S Rajasekhara Reddy on Friday.
"Non Resident Indians having relevant qualification and experience in Engineering or basic sciences are being inducted into the Defence Research and Development Organisation under a talent hunt scheme," Defence Minister A K Antony informed Rajya Sabha on Wednesday. The talent hunt is being conducted through video-conferencing on adhoc basis and the posts subsequently advertised for regular inductions, he said.
NRI demand would help offset the liquidity problem, which is presently affecting realty sales.
The new Direct Tax Code is expected to result in a higher tax-to-GDP ratio, reduce compliance costs, lower the administrative burden, discourage corruption and most importantly, improve equity both horizontal and vertical.
The Malaysia-based Hindus Rights Force, struggling for rights and equality for ethnic Indian minorities in that country, has urged Persons of Indian Origin and Non-Resident Indians to extend support towards their cause. HINDRAF chairman P Waytha Moorthy told PTI that the PIOs should use their clout with India and appeal to the government to severe trade relations with that country, as well as stop all investments in that country.
For the first time, British Prime Minister Gordon Brown on Friday celebrated Diwali at 10 Downing Street, as the Labour leader and his wife lit a lamp placed amid idols of Lord Rama, Krishna from the Swaminarayan Mandir.
The Tamil Nadu police would ensure 'maximum protection' for the three-day Pravasi Bharati Divas, the annual congregation of Non-Resident Indians, in the city in the wake of the e-mail threat warning of possible terror strikes during the high-profile event."We have ensured maximum protection," Suburban Police Commissioner S R Jangid told reporters after reviewing the security measures at the Chennai Convention Centre, the venue of the event, to be organised from January 8.
Non-resident Indians are bringing gold into the country by taking advantage of rules that allow each individual to carry 1 kg of the metal, helping traders cope with restrictions on imports during the peak wedding season.
Family members alleged medical negligence on part of the airport, a charge which the airport authorities denied.
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
Considered, till recently, the "blue-chips" of the estimated $15 billion Indian matrimonial market, the marriage value of non-resident Indian (NRI) and India-based investment bankers is rapidly being eroded.
The selected students, picked for outstanding academic achievement, artistic excellence, leadership, citizenship and service to their schools and communities, will be honoured in a ceremony in Washington, DC, later this month.
If you are an NRI and have a business or asset in India, that provides you with income, you are required to pay income tax just like any other Indian. Indian taxation laws are quite different for NRIs and it is important that you are aware of what you are liable to pay.
Canada has taken a serious note of NRIs from Canada duping Indian women after marrying them in India.
Don't marry Indians in America, including Canada,' Vayalar Ravi, India's minister for Overseas Indian Affairs often tells people back home.
While Geojit Financial Services and Kotak Securities are already managing large NRI portfolios in West Asian countries, Sharekhan, yet another local brokerage outfit, recently launched a broking platform called India First in Bangkok for NRI clients.
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
A N Shanbhag, investment guru, and his son Sandeep Shanbhag, answer questions on NRI investment.
The throat swab of the 52-year-old non resident Indian, who died in a hospital in Kerala's Kollam district on July 1, was found to be negative for H1N1 flu, putting to rest fears that his death may have been due to swine flu. Deceased Stanley Pelis, who arrived in Kerala two weeks ago from the United Kingdom, had died of viral pneumonia, said director of Health Services Dr K Shyalaja.The patient, who hails from Kollam, was suffering from viral fever,she said.
No special permission is required for an Indian citizen residing outside India to acquire (by purchase or gift) any immovable property in India other than agricultural land, plantation property or a farmhouse.
Finance Minister P Chidambaram on Friday launched trading in currency futures at the National Stock Exchange in Mumbai.
Last month, Barun K Gorain, a non-resident Indian with Canadian company Barrick Gold Corporation came to Delhi with a $10-million proposal for suggesting a viable method to recover silver from Barrick's gold mines in Argentina.
Here are the answers to six most relevant questions you MUST know about the New Pension Scheme.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
Under the scheme titled Scholarship Programme for Diaspora Children, 100 admission-cum-scholarships will be offered each year for undergraduate courses.
It has been decided to reduce home loan rate by 20 basis points.
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