In what could be yet another historic appointment in the annals of the Indian-American community's immigrant experience, senior administration sources have told rediff.com that Nisha Desai Biswal is strongly tipped to be appointed the new assistant secretary of state for South and Central Asian affairs
The flow of deposits from non-resident Indians (NRIs) hit a four-year low in the financial year 2020-21 mainly due to contraction in foreign currency deposits, latest data released by the Reserve Bank of India (RBI) shows. Total NRI deposits during FY21 were $7.3 billion as compared to $8.6 billion in FY20 - the lowest since 2016-17, when such deposits had contracted by $12.3 billion. Indian banks have three kinds of deposit accounts where NRIs or PIOs (persons of Indian origin) can park their funds: non-resident external-rupee account (NRE); non-resident ordinary rupee account (NRO); and foreign currency non-resident bank account (FCNR [B]).
Cox & Kings Global Services (formerly known as Quoprro Global Services) was incorporated in 2008.
Political stalwarts Murli Manohar Joshi, Sharad Pawar and former Lok Sabha speaker P A Sangma, cricketer Virat Kohli and Carnatic musician K J Yesudas were among the 89 people who were selected for this year's Padma awards.
Days after extending more benefits to Persons of Indian Origin, the government is set to accept the recommendations of a committee which has favoured voting for Non-Resident Indians through electronic means.
The disclosure of files provided by India's second army chief General Sir Roy Bucher to Nehru Memorial Museum and Library about Jammu and Kashmir related to the period of 1947-49, which may throw light on Accession, is in 'national interest,' the central information commission has observed in an order.
The Association for Democratic Reforms has complained against six major political parties for not appointing Public Information Officers.
A blanket ban may be imposed soon on NRIs, PIOs and foreigners having children through surrogacy in India with the Union health ministry and the National Commission for Women proposing it as part of a new legislation.
An international convention of people of Indian-origin in the US has demanded voting rights for Indian citizens living outside India and Rajya Sabha seats for Non-Resident Indians.
HDFC Bank's shares fell by 3.46 per cent to close the day at Rs 659 on the BSE. In intra-day session, the scrip lost 4 per cent to Rs 655.10.
The government believes heightened awareness among its staff could be the only effective way to counter attempts of foreign agencies.
'That would be ridiculous and uncharacteristic of the PM.' 'It is also not how things happen in illiberal States.' 'In such places, lower-level functionaries of every rank and hue seek to ingratiate themselves with the highest authority by going pell-mell after dissenters and outsiders,' points out Mihir S Sharma.
The Padma Bhushan was conferred on 17 personalities including N Chandrasekharan, chairman of Tata Sons, Krishna and Suchita Ella of Bharat Biotech, Cyrus Poonawalla, Satya Nadella, chairman of Microsoft, Sunder Pichai, chairman of Google.
Playing their first International match at home after the Nehru Cup, India suffered a 2-4 defeat against Palestine in a friendly football game at the Jawaharlal Nehru Stadium in New Delhi on Wednesday.
Overseas Indian Affairs Minister Vayalar Ravi stated that the focus areas of the PBD in Mauritius would be to deliberate ways and means of further strengthening economic engagement, role of youth in maintaining the vital PIO links and cultural heritage as well as look at mutual areas of exploration where Mauritius could serve as a gateway for doing business with Africa.
The e-visa authority project, allowing entry without a physical visa, has overshot the October 2 deadline
However, under the new provisions, OCI cardholders need to carry their new passport.
A little-known issue that is rarely spoken of in public, but is invariably raised during India-Myanmar official discussions is about the status of the large number of Persons of Indian Origin living in Myanmar. Shubha Singh reports.
President Pratibha Patil has approved the conferment of Padma Awards 2011. This year the President has approved 128 awards, including one duo case (counted as one) and 12 in the category of Foreigners/ NRIs/ PIOs/ Posthumous. These comprise 13 Padma Vibhushan, 31 Padma Bhushan and 84 Padma Shri Awards. There are 31 ladies among the awardees.
Government on Tuesday ruled out barring Salman Rushdie from visiting India in the wake of a demand by a top Islamic seminary to cancel his visa even as the controversial author said he does not need a visa to come to this country.
Prime Minister Manmohan Singh on Saturday announced merging of the Overseas Citizen of India (OCI) and the Persons of Indian Origin (PIO) cards into a single facility to simplify visa-free entry and participation of Indian Diaspora in business and other activities in New Delhi.
SB&T International Ltd raised the ceiling limit for investment by FIIs and NRI/PIOs in the company to 49% and 24% respectively.
After a stint in Crisil as chairman, Mohan joined the Mukesh Ambani-led company as executive director in August this year, RIL spokesperson said.
"Gone are the days of euphoric buying. Today, people are doing calculated buying. They are doing thorough due diligence, checking out the location," said Kunal Banerji, president, M3M India.
The Election Commission is yet to hear from the government on Prime Minister Manmohan Singh's idea of overseas Indian passport holders voting in the next general elections.
The RBI has removed Yes Bank from its caution list of monitoring foreign investment following the dip in shareholding by foreign investors below the prescribed limit.
The All India Football Federation (AIFF) may see nothing wrong in allowing five foreigners in each I-League club from this season, but national football captain Bhaichung Bhutia feels that the new rule will let one too many overseas players to compete in the event.
The CIC, which was hearing the RTI appeal of one Uma Jayaram, expressed its anguish over the 'apathetic attitude' of RPO Gloria Kumar, who in an earlier order was penalised with Rs 16,000 for failing to provide information on time.
Would you go for dual citizenship? Why?
The actress has further fuelled her pregnancy reports, by cancelling a lecture in Italy due to 'personal reasons.'
Anil Ambani Group firm Reliance Money on Friday announced its foray into Europe by setting up operations in Ireland and the UK and is looking to tap over two million non-resident Indian population in the region.
The clarifications came after media reports on Saturday quoted officials as saying that R&D work on Trishul will be stopped in December.
The Union Cabinet has approved the policy framework for establishing a Non-resident Indian/Person of Indian Origin (NRI/PIO) university in India.
The Italian ambassador Mariani had a head injury and was admitted to the Batticaloa hospital while the US envoy had minor injuries, doctors said.
A bill to amend the Citizenship Act, one of the six items on which government had issued ordinances, was on Monday passed by the Lok Sabha.
This could impact non-resident Indians staying in countries such as UAE which does not impose income tax on individuals under local tax laws.
The issue of 1978 DU degree records cropped up after Aam Aadmi Party raised questions about the degree of the PM.
In the World Bank's rankings on the "Ease of Doing Business" India stands at 139 out of 189 economies surveyed in 2014; its position has in fact dropped from 131 last year.
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