Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday. "...the muted external remittances growth is more of a structural issue than transitory," India Ratings and Research said in its note. India has been the largest recipient of remittances from its diaspora spread all across the world and received over $70 billion inflows last year. The agency argued that flows had started to moderate even before the COVID-19 pandemic outbreak, pointing out that as a percentage of gross disposable income, the share of remittances fell to 2.5 per cent in FY19 as against 3.5 per cent in FY10.
The remarks come amid suspected cases of COVID-19 reinfection being reported from abroad and from Indian states like Telangana, Karnataka, Gujarat, Punjab and Maharashtra.
In an online chat, Anoop D'Souza, education tours expert, Thomas Cook and Kimberly Dixit, study in the US expert answered reader queries related to pursuing higher education abroad.
Businessman Vijay Mallya's property worth Rs 14 crore located in France has been seized under the anti-money laundering law, the Enforcement Directorate said on Friday. It said the action was undertaken by French authorities "on the request of the Enforcement Directorate" and the property bears the address: 32 Avenue FOCH in France.
The number of people who have recuperated from the disease surged to 2,75,04,126, while the case fatality rate has increased to 1.22 per cent, the data stated.
'Politics is in a mess. Good people have to join to clean it up.'
Astad Deboo created a modern dance vocabulary that was uniquely Indian.
Mohammed Hassan Ali wants to teach a thousand engineers by end of 2020.
Over 20,400 foreign nationals have been evacuated from India amid the coronavirus crisis and any decision on bringing Indians from abroad will be taken at a later stage after reviewing the situation, the government said on Friday.
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Study smart. Personalise your essays. Connect with alumni and apply well before the deadline.
This is perhaps the first time your child is taking a loan. Here's how you can guide her to use it wisely.
Should we really pay attention to them, asks Ajit Balakrishnan.
The Indian Council of Medical Research will start national-level sero surveys to assess the spread of Covid-19 and all states/Union territories should also be encouraged to conduct them so that information from all geographies can be collected, the Union health ministry said on Friday.
In an online chat with readers overseas education consultant NNS Chandra addressed queries related to international admissions
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
Did you know that ethical hackers earn anything between Rs 800 to Rs 1,000 per hour?
Applications are invited from academically outstanding Indian students to study for a PhD at Imperial College London.
In an online chat with readers on November 27, Dipti Punjabi, counsellor, EGE Global Education addressed queries about choosing a good programme and university and offered advice on how they can pursue a course abroad.
In a four-part series commencing today, Arthur J Pais profiles the winners of the 2012 George Marshall Scholarships, a prestigious programme which finances up to forty young Americans annually to study for a degree in the United Kingdom. First up in this series is Aditya Ashok, who aims to make the US healthcare system work for the largest number of Americans.
The Centre has also contacted five domestic and three multinational vaccine makers to understand how soon a candidate vaccine against Covid-19 will be ready.
Shruthi Jain took to yoga to fight upper back pain. Today, she is inspiring her followers in India and abroad to stay fit through yoga.
London will be packed during the summer Olympics as the number of overseas visitors rises and Britons postpone holiday plans to stay home for the games, a study said on Wednesday.
In an interview with Ajit Jain, Stephen Toope, President, University of British Columbia, reveals why there is a growing need for the Indian government to collaborate with universities abroad in order to meet the academic needs of talented students.
The recent report of the union HRD minsitry wants to impose an exit tax on IIT & IIM grads who leave India. Tell us what you think: Should such a tax be imposed and if so, why? Or why not?
Maharashtra Health Minister Rajesh Tope on Thursday told Prime Minister Narendra Modi that mucormycosis or black fungus, which has claimed 90 lives in the state so far, is a matter of prime concern for it at present, and the state government needs more supply of the medicine used in its treatment.
In an online chat with reader, Dipti Punjabi, expert, EGE Global Education addressed queries on pursuing a course abroad and offered advice on how to choose the right institute and programme.
India needs a 1,000 more Ashoka universities, Naukri.com Founder Sanjeev Bikhchandani tells Anjuli Bhargava.
Though the bride and groom were Roman Catholics, Engels made it clear that it would not be a church wedding for him.
Even as plans to redevelop Dharavi continue to gather dust in government files, its young residents have chalked their own course and chosen to fly high. Hepzi Anthony recounts a few inspiring tales.
The Bharatiya Janata Party-led Karnataka government's move to send nearly 100 Members of Legislative Assembly abroad on a 'study tour' has come under flak from B S Yeddyurappa, who demanded that the programme be cancelled in view of severe drought conditions prevailing in large parts of the state.
President Xi Jinping has called for better international communication, urging the bellicose official Chinese media and 'wolf warrior' diplomats to adopt a tone that displays openness and conveys modesty, in what observers see as a rare admission of Beijing's growing isolation exacerbated by COVID-19.
The Congress hit back at Modi and accused him of indulging in his 'trademark petty politics' and seeking to hide his 'abject failure and weak-kneed' approach to fighting Naxalism.
Rediff reader Tauseef Quasim from Abu Dhabi (UAE) writes about her sister.
"A Biden administration will be mostly positive for India," said Rick Rossow from the Centre for Strategic and International Studies think tank. "I expect most positive areas of cooperation -- notably defence -- to be maintained," he said.
Overseas education consultant NNS Chandra offers advice on everything you need to know about pursuing an international education.
Without periodic booster shots to display of strength, how is this government what it aims to be? There was also the landscape of prosperity pictured; the in-season affair with 'amrit' stretched to a longer residence in 'Amrit Kaal', notes Shyam G Menon.
'My Nani passed away in January 2016 and the house belonged to her and my Nana.' 'After they passed away, the family decided to sell the house.' 'My mother's immediate response was that we have to make a film in this house before it was sold.'
A public-private initiative, the programme is part of the US efforts to increase people to people relationship and build on next generation of leadership who are well versed in each other's culture.
