The Indian community abroad on Thursday reacted with 'shock' and 'disbelief' to the audacious terror strike in Mumbai, voicing concern that it will hit the country economically and demanding strong measures by the government to combat terrorism.
The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more for the same quantity and price. However, it is a boon for the exporters as they receive more rupees in exchange for dollars. The rupee depreciation has wiped away some of the gains that would have accrued to India from international oil and fuel prices dropping to pre-Ukraine war levels.
The awards, aptly named, 'Transforming Our World -- 2011 Excellence Awards', were presented for community leadership to Swatantra Jain of Vinmar International Ltd and Avinash Ahuja of Magnum Producing Company.
Hit by sluggish sales at home, realtors are wooing non-resident Indians (NRIs). A slew of property exhibitions have been lined up at Dubai, Singapore, London, Durban and New York over the next three-four months.
"The Budget is in line with expectations. With the election year fast approaching, the Finance Minister has proposed a populist Budget aimed at using fiscal measures to boost growth and control inflation," said Anirudh Sarathy, analyst for StreetEdge Investments in San Ramon, California.
Barjeel Geojit Securities has launched an online platform for NRIs to trade Indian Mutual Funds.
Two Indian-origin brothers, who survived the deadly Christmas day tiger attack at a San Francisco zoo, plan to sue its publicists for suggesting that they had "provoked" the big cat.
The rising rupee and the cap on interest rates has hit the flow of non-resident Indian (NRI) deposits into the country. Banks such as ICICI Bank and HDFC Bank are promoting the repatriable non-resident ordinary (NRO) rupee deposits in an attempt to attract NRI depositors.
Applications are invited from Resident Indian Nationals with MBBS Degree, who have completed or due to complete internship (rotatory housemanship) training by February 31, 2008.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Karnataka will be re-emerge as an IT superpower and will make India proud, Union Petroleum Minister Veerappa Moily has said as he accused the previous Bharatiya Janata Party government of damaging the state's image as an investment destination.
Non-resident Indians are investing in well-established small and medium enterprises in India
Also featured in list are Bonnie Hammer; David Lauren; David Sokol; and Venus and Serena Williams.
Unless the ministry for external affairs and the ministry for overseas Indian affairs work together, many NRI problems cannot be ironed out, feel T P Sreenivasan.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
The growing Indian diaspora settled in US totals over 1.9 mn.
The protestors demanded that the promises made to them under the Highly Skilled Migrants Programme be kept.
Two of the awardees -- Billy Nair from South Africa and Sibabrata Roy from Germany -- were unable to make it for the presentation.
Seeking to allay any security related apprehensions of non resident Indians, Home Minister Shivraj Patil on Monday assured them that India was as safe as any other part of the world.
Kerala will have to wait. The next Pravasi Bharatiya Divas will be held in Chandigarh," and not in Thiruvananthapuram, said Minister for Overseas Indian Affairs Vayalar Ravi.
Naveen Selvadurai, 28, co-founder of social networking app 'Foursquare', 26-year old Vikas Reddy who co-founded technology start-up 'Occipital', Sachin Agarwal, 30 of San Francisco-based start up 'Posterous' and 22-year old Stanford graduate Ooshma Garg have been named in the '30 under 30' 2010 list of 'America's Coolest Young Entrepreneurs' by the New York based magazine.
Ten young under-40 innovators and entrepreneurs of South Asian origin will be given the Global Indus Technovators Awards at a ceremony at MIT on Monday.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
A rise in the fee for cremation in Leicester has raised the hackles of Hindu, Sikh and Jain communities in the east Midlands town with a large minority of Indian origin.
'Allen's comment was very painful to a lot of people.'
Procuring an Overseas Citizenship of India Card has become more difficult and expensive for non-resident Indians thanks to new rules introduced by the government. The new rule makes it compulsory to surrender the Indian passports (valid/expired) and get a surrender certificate after paying $175, in addition to the $275 charged for the OCI Card.Anyone acquiring foreign citizenship has to surrender his/her Indian passport within three months.
The launch of Overseas Citizenship of India cards, enabling overseas Indians holding foreign passports free access to the country, and an online electronic remittances gateway will be the highlights of the event
Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".
Amidst recession and job losses, Britons of Indian origin and others have been flocking to jewellery shops to cash in on rising price of gold, selling their rings, chains and even dental braces made of gold.
Deposit rates for non-resident Indians may rise following Tuesday's rate hike by the US central bank Federal Reserve and due to the impact of forthcoming India Millennium Deposit redemptions worth over $7 billion, bankers said on Wednesday.
He said things were on the right track and there was a possibility that it will happen.
For non-resident Indians (NRIs), the recent relaxation in the inward remittances guidelines by the Reserve Bank of India (RBI) comes as a relief.
In a circular, Sebi said QFI would now mean a resident in a country that is a member of the Financial Action Task Force or a member of a group which is a member of FATF.
Each of the defendants in the case is charged with one count of conspiring to harbour illegal aliens, an offense that carries a maximum sentence of 10 years in prison and a $250,000 (about Rs 1.1 crore) fine.
