Financial savings by Indian households have shifted away from the conventional bank (including non-bank) deposits to capital markets, BofA Securities said in a report. The former accounted for 39 per cent of total financial savings in FY2001 and capital markets could garner only 4 per cent of the total pie. In FY2023, corresponding figures stand at 37 per cent and 7 per cent respectively, the report said.
A large security build-up continued on inter-state borders in India between Punjab and Haryana on the second day on Wednesday, as assembled protesting farmers are adamant on heading to the national capital to lodge their protest over unfulfilled demands, including legal guarantee of minimum support prices (MSP) of crops.
An Indian student, working part-time at a convenience store in Georgia’s Lithonia town was brutally beaten to death with a hammer by a homeless man he and other employees had been helping for the past couple of days, the local media said, quoting police officials. The incident in which Vivek Saini, 25, was killed occurred on January 18, local channel WSB-TV reported on Sunday.
The role of the Indian American community is critical in creating an indelible impression about India in the US, said Ambassador Taranjit Singh Sandhu at his farewell felicitation event held on January 20. Held over zoom with all six consul generals and community leaders from across the US, Sandhu gave credit to the Indian American community for creating an indelible impression about India in the US.
Indian tennis player Rohan Bopanna, with his partner Matt Ebden, entered the men’s doubles semifinal of the Australian Open on Wednesday (local time), and is set to become the oldest first-time World No. 1 at the age of 43 when the latest ATP rankings update will be released on Monday after the conclusion of the year’s first grand slam tournament.
A 34-year-old Indian origin has been sentenced to 87 months in prison for operating a pharmacy that sold unapproved prescription drugs and controlled substances, including opioids, and shipped them from Asia into the US.
Terrorist attacks are highly responsive to funding availability, and financial counter-terrorism can therefore be effective in reducing terrorism casualties, according to research conducted by Nicola Limodio, Assistant Professor of Finance at Bocconi University Visiting Fellow at the Economics Department and the Julis-Rabinowitz Center for Public Policy and Finance at Princeton University.
In his article ‘ As the UK embraces its diversity, Indians need to ask why India is turning its back on its own ‘ published in thewire.in, Siddhartha Varadarajan has made a scathing criticism of the polarization of Indian society, and vilification and sidelining of Indian Muslims, and pointed out that there is not a single Muslim minister in the Central Government.
“Political engagement, philanthropy, and entrepreneurship are the pillars of Indiaspora,” Rangaswami said. There was the political acumen of Indian American Congressman Ro Khanna to go with the business wisdom of Zscaler’s Chaudhry
The killer of an Indian-American Sikh sheriff’s deputy in Texas has been found guilty of murder with the possibility of the death penalty, according to media reports.
Arul Louis- More Indians are getting fatter but fewer are undernourished as the nation goes from lessening the impact of hunger to developing the new health issue of obesity, according to the Food and Agriculture Organisation. The number of obese adults has gone up in India from 24.1 million in 2012 to 32.8 million […]
Arul Louis (IANS)- An Indian national has been sentenced to eight years and eight months in prison for participating in an India-based call centre fraud in which operators impersonated US tax officials to extort money from Americans. Federal Judge Virginia Hernandez Covington, who sentenced Nishitkumar Patel on Monday in Tampa, Florida, also fined him $200,000 […]
Ritu Jha- The condition of the detainees of Indian origin on hunger strike at El Paso Service Processing Center in Texas are becoming dire, according to civil rights groups. According to the Sikh Coalition, its team, which visited the center last month, found that most of the detainees, who are from the state of […]
In its 15th year, the groundbreaking event showcases cinema on or about South Asians, the films covering everything from the personal to the political Ritu Jha Yes, Bollywood has pep and vigor, but there is more to South Asian cinema than that – as can be seen at the upcoming 3rd i San Francisco International […]
Descriptions of some of the films to be screened at the 3rd i South Asian Film Festival this year. The material has been lightly edited for brevity. Abu November 9, 7: 15 pm, New People Cinema A immigrant story that captures the tumultuous journey of Arshad Khan’s family’s move to Canada, from Pakistan, in the […]