Indian regulator is receptive to Emirates NBD buying a share in RBL Bank, sources report.
Mumbai Updates on Foreign Investment in Banking MUMBAI, Oct 14 – India’s central bank is considering the possibility of allowing Dubai’s Emirates NBD (ENBD.DU) to take up management rights for RBL Bank (RATB.NS). This move is part of a broader strategy aimed at attracting foreign investment while bolstering the country’s mid-sized banks, as informed sources […]
Indian student held by Ukrainian forces while battling for Russia to escape incarceration, according to family.
A 22-year-old Indian student, Sahil Majyoti from Gujarat, has reportedly become the first citizen of India detained in connection with the Ukraine war for allegedly fighting to evade Russian prison sentences. Majyoti was captured by Ukrainian forces and appeared in a video that gained significant attention on social media this week. According to Ukraine’s 63rd […]
Security vulnerability on the Income Tax website revealed bank and Aadhaar information of Indian taxpayers
Investment Fund Performance Overview Here’s a snapshot of various investment funds based on a £1000 Systematic Investment Plan (SIP) over different timeframes. HSBC Consumption Fund – Direct Plan – Growth Today’s value: £1000 SIP 3 years: £4,175.80 (47.30%) 5 years: £4,175.80 (47.30%) Start SIP HSBC Infrastructure Fund – Direct Plan (G) Today’s value: £1000 SIP […]
Revolut plans to challenge Indian banks and their high forex charges.
Revolut Launches in India: A New Player in Cross-Border Payments British fintech company Revolut has officially launched in India, targeting a significant gap in the country’s cross-border payment services. Reports indicate that Indians spend about $30 billion abroad each year, with an estimated $600 million lost to bank fees. This situation has led to some […]
Indian Politician Encourages Indians in the U.S. to Advocate Against Trump’s Tariff and Visa Policies
Calls for Protection of Indian Workers in the US Senior Indian politicians are emphasizing the importance of safeguarding the growing population of workers and legal immigrants from India in the US, suggesting it aligns with India’s strategic interests. “Silence is an accomplice,” remarked Shashi Tharoor, a British-born politician leading the Parliamentary Standing Committee on Foreign […]
Ways Indian Americans can strengthen the U.S.-India relationship
Activist Laura Rumer made comments that echo some extreme rhetoric about “Third World Invaders from India,” clearly linked to the influx of Indians coming to America toward the end of last year. This summer, we witnessed a significant decline in the relationship between the US and India, resulting in a surge of anti-Indian sentiment that […]
45,000 gallons of radioactive water to be released into the Hudson River from the Indian Point nuclear facility
Federal Court Ruling Allows Radioactive Water Discharge into Hudson River A federal court decision has cleared the way for about 45,000 gallons of radioactive water from a factory in upstate New York to be released into the Hudson River. This follows the repeal of certain state environmental laws. In a ruling last week, US District […]
Indian Truck Driver in Biden’s Era Injures 5-Year-Old Girl
Tragic Accident Involving Illegal Immigrant Driver An illegal immigrant from India has been arrested after crashing an 18-wheeler into a stake, resulting in severe injuries to a five-year-old girl in California. The heartbroken father is now speaking out as efforts to deport the immigrant are underway. The driver, Paltap Singh from India, had obtained his […]
Indian Politicians Are Very Troubled By Trump’s $100,000 Charge For H-1B Visas
Officials from the Indian government have expressed strong discontent regarding the recent decision by the Trump administration, which significantly increased fees for H-1B visas. President Trump signed an executive order that imposed a $100,000 fee on new H-1B visas, making it challenging for American employers to hire foreign workers over local talent. Given that India […]
Indian Commerce Minister is optimistic about a U.S. trade agreement by November.
In recent news, there have been rising tensions between the US and India. However, India’s commerce minister, Piyush Goyal, seemed upbeat on Tuesday, talking about intentions to reduce tariffs and decrease purchases of Russian oil, following President Trump’s assertions that a trade deal could be finalized by November. Goyal mentioned at the Investor Conference in […]