'Cyrus was always very different. He would think before acting.'
Ahead of Delhi assembly elections, Arvind Kejriwal-led Aam Aadmi Party has collected around Rs 19 crore as donations from cross section of people, most of them are the first-time donors to a political party.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
"The first step is getting your residential status changed in all documents, including Permanent Account Number (PAN) card for taxation, ration card, etc, which takes months and endless rounds to offices," says an exasperated Mehta, adding that getting oriented with the laws and regulations comes much later.
Pursuant to Prime Minister Atal Bihari Vajpayee's announcement in January, a insurance scheme for Non-Resident Indians -- 'Pravasi Bharatiya Bima Yojana' -- will be launched on December 25 this year.
State Bank of India on Monday said it aims to retain at least 25-30 per cent of the Rs 25,000 crore (Rs 250 billion) Resurgent India Bonds proceeds by launching an "instrument" having both fixed and floating rates in September.
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
Many Indian graduates today have neither the knowledge nor talent, which the industry needs. Hiring overseas professionals is inevitable, writes Thothathri Raman, chairman, SEAA Trust, New Delhi, the global accreditation advocacy and facilitation organisation.
The Bihar government set up the Bihar Roots Foundation to help connect people of Bihar origin in different parts of the world to the land of their ancestors and preserve their ancestral language, Bhojpuri. But it needs to do more to preserve the language and its heritage in Bihar
In his inaugural speech, Overseas Indian Affairs Minister Vayalar Ravi invited the 25-million strong diaspora to be part of the 'India growth story' and take the country forward in diverse sectors.
A large number of NRIs having origins in these states are understood to have been defrauded by many such companies, including the Saradha group.
Mohanbir Sawhney, Raghuram G Rajan, Raju G C Thomas and Darsh Wasan will receive the award for academic leadership.
Pavani Latha, Ramana and their daughter were on a pilgrimage to Shirdi.
Five persons of Indian-origin have been honoured by Indian Overseas Congress, UK, for outstanding work in their respective fields, in a ceremony organised to mark 60 years of Indian independence in London.
'Phoren'-return can sometimes lead to funny situations, like we see in some television commercials featuring guys with fake accents looking for Bharatiya Naaris to marry.
Indian embassies in the Gulf region have advised Non-Resident Indians staying in the region not to carry large amount of Indian currency when travelling to India.
US-based NRI entrepreneurs Venkatesh Tadinanda and Pradeep Shenoy and Hyderabad-based entrepreneur Indira Porwal have launched an AP Investment Fund worth $7 million.
National carrier Indian has been voted the most preferred airline of Indian expatriates living in the UAE, according to an opinion poll.
Non-Resident Indians are not eligible for grant of overseas citizens of India registration as they are Indian Citizens, Minister of State for Home Sriprakash Jaiswal informed the Rajya Sabha on Wednesday.
Indian expatriates in UAE have raised a fund of over Rs 62 lakh to help fellow countrymen languishing in prisons because of their inability to pay blood money.
Under the existing provisions, non-residents' income from interests, royalties or fees for technical services is taxable in India; but, there must be sufficient territorial nexus between such income and the territory of India.
The government said remittances from abroad will not attract service tax, putting to rest the concerns raised in view of new tax norms.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Two Indian-origin men are among six people jailed over a multi-million-pound cyber racket that involved the design, production and sale of fake identities and the management of online forums where clients were coached on how to commit fraud. The six sentenced on Friday at the Southwark Crown Court for a catalogue of fraud offences include Jaipal Singh, 31, who is a director of a telecom company based in the West Midlands, and student Arun Thear, 22.
Baby Yoda's latest adventures, spirits of all shapes and sizes, NRIs in vendetta mode, catch all this and more on OTT in Sukanya Verma's weekly recommendations.
As many as 12 Indians, and four of Indian origin (three Indian Americans and one Indian Canadian), feature among the 197 Young Global Leaders named by the World Economic Forum on Wednesday.
Despite the presence of renowned economists and entrepreneurs, it was Kiran Bedi, a retired police officer-turned activist, who stole the show at the Eighth Annual Indian Business Conference at the Columbia University last week. Suman Mozumder reports
Hinduja Group Chairman S P Hinduja on Saturday hailed the Modi government's Budget as "socially inclusive" that lays a clear roadmap for placing India on double digit growth trajectory in the medium term.
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.
Supporters of the proposal voiced their grievances at the gathering on how their properties were allegedly taken over by government, mafia and illegal occupants.
On the second day of the 10th Pravasi Bharatiya Divas held in Jaipur, a seminar was held on 'Enhancing rural energy access'.
The Reserve Bank of India on Thursday allowed Non-Resident Indians to hedge currency risk for external commercial borrowings (ECBs) denominated in rupees with Indian banks.
A majority of global Indians believe that ongoing economic growth in the country will help it overtake China as the next Asian superpower in the next 10 years.
Seven people of Indian origin have been remanded to judicial custody in the UK in connection with the killing of prominent kabaddi player Suvinder Singh Batth outside a pub he owned in Bilston in the West Midlands.
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