A record number of eight Indian-origin candidates including two women have been elected to the British parliament, setting a new record for representation of ethnic minorities in the UK.
The cards should be issued strictly for use in India and transactions settled in Indian rupee.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
After the Pravasi Bharatiya Divas, Priyanka asks Overseas Indian Affairs Minister Vyalar Ravi the tough questions about voting rights, investments, and other issues faced by Non-resident Indians.
Addressing the 10th Pravasi Bharatiya Divas in Jaipur, Prime Minister Manmohan Singh said that Non-Resident Indians would be allowed to vote and participate in the election process.
Vivek Gogia, Additional Commissioner of Police, economic offences wing, Delhi Police, agreed that NRIs usually came with two complaints -- tenants who refuse to vacate their premises, and builders who do not deliver on time -- both of which are criminal offences.
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."
The proposals were discussed at a recent meeting between Overseas Indian Affairs Minister Vayalar Ravi and Minister of State for Women and Child Development Renuka Chowdhury, an official said.
There would be an increase in NRI investment in India post elections.
Two non resident Indian owners of a motel in New Jersey, where a fire killed three persons and injured 14 others because the exit doors were allegedly illegally locked, have been indicted on charges of manslaughter.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
The general perception amongst experts is that until the global macro-economic environment stabilises, the rupee will continue to be under pressure.
The finding also highlights that for a majority of reverse migrants, job satisfaction levels in India will outshine their previous overseas jobs within the next 2-3 years.
The PM aso said said it was unfortunate that the UN was still unable to define terrorism.
There is an important role that each one of you can play in India's journey to becoming a strong, just and equitable society and taking its rightful place in the comity of nations, said President Pranab Mukherjee at the Pravasi Bhartiya Divas convention on Wednesday.
Minister for Corporate and Minority Affairs Salman Khursheed may have done a superb job of handling the Satyam fiasco, but he was put in a spot on Thursday by angry NRIs who wore T-shirts reading: Victims of Maytas.
Hari Shankar Brahma, who took over as the 19th Chief Election Commissioner on Friday, said his priority and "mission objective" is to ensure free and fair conduct of Delhi assembly polls.
Indians working abroad sent a whopping $21.7 billion to their kin in 2004, making the country the highest recipient of remittances worldwide
The government on Wednesday said that a consortium of overseas Indians is expected to take a final decision on whether to set up a semiconductor chip manufacturing facility in India or not by the end of this year.
RBI has posted detailed instruction on its website clearly showing the eligibility conditions and other necessary documents required to be tendered for exchange of old currency notes
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.
The store will offer music from premiere labels such as Saregama India Limited, Ishq Records, Yatra Communications and many others, offering a catalog of over 40,000 songs.
India today offers a great investment opportunity to NRIs and foreign investors, but investors must take adequate precautions while committing funds.
The West Bengal will appeal to the larger bench of the SC against an order of the court scrapping admission of 69 NRI students.
Leading Non-Resident Indian entrepreneur Raj Loomba, a campaigner of widows' rights, Surina Narula, champion of street children in India and 16 others have been chosen for the Queen's Birthday Honours this year.
Sending money to families in India will get more expensive
'Indian grocery stores earned more profits in the last three weeks than they do during Diwali.'
According to the Income Tax Act, there are two main benefits available for senior citizens. First, a higher exemption limit of Rs 1,95,000 for someone who has crossed 65 years. Also, there is a higher deduction of Rs 20,000 available for payment of premium for a medical or a health insurance policy.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
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