NRI News ( Page 11 of 23 )

Two Indian-origin Children Killed in Mishap in Australia July 11, 2018 05:51

Two Indian-origin children were killed in a road mishap while their parents endured earnest injuries when their car met with an accident in this Australian city, according to a media report. The mishap occurred on Sunday when a vehicle trying to catch up with another car clashed with their car on Hopkins Road in Truganina in Melbourne. The victims, who hailed from Kerala, were reverting home from a birthday celebration. The 10-year-old Ruana was killed at the incident while her brother Immanuel died at the Royal Children's Hospital last night, the report said. The parents have been admitted to the infirmary with the health of the mother, Manju Varughese, being critical, it said. The vicar of St Mary's Indian Orthodox Cathedral in Melbourne, Reverend Father Pradeep Ponnachan, said that the victims were long-familiar members of the church. "They were a devoted, pious family," he said. "The church community is terribly disturbed, there are no words to explain." By Sowmya Sangam

Indian-American Named to Key Federal Aviation Advisory Committee July 02, 2018 07:50

Indian-American Vivek Lall has been named after a primal federal aviation advisory committee which renders counsel to the government on the future of airspace system.A current vice-president at Lockheed Martin, Lall would be representing the viewpoints of defense technology organizations in the NextGen Advisory Committee of the Department of Transportation.The committee advises on the regime on topics including, NextGen investment priorities, capability deployment timing, equipage incentives, specific technologies, and deployments such as DataComm, National Airspace System performance metrics, and airspace design initiatives.Lall, a worldwide famed aerospace scientist, has been nominated for a term of two-year on the committee that provides guidance on wide-ranging topics affecting the United States and the global aviation community.He has been a top authoritative at Boeing and General Atomics in the past and with success led over USD12 billion of U.S.-India trade.By Sowmya Sangam

MEA Website to Display Summons to Swindle NRI Husbands June 14, 2018 06:35

The Ministry of External Affairs will now display the summons to Non-Resident Indian men who abandon their wives on their official website, an official said on Wednesday. The decision was taken in order to create a stronger deterrent for swindle NRIs. It was taken under the chairmanship of Union Home Minister Rajnath Singh and among other legal solutions for redressing the issues faced by women in NRI marriages at a meeting of the Group of Ministers, The meet was attended by officials from the External Affairs, Law and Justice and Women and Child Development Ministry. "We (Women and Child Development Ministry) are grateful to Rajnath Singh, External Affairs Minister Sushma Swaraj and Law and Justice Minister Ravi Shankar Prasad for enumerating fine details on ways to resolve the issue of NRI marriages," said the Women and Child Development Ministry in a tweet."We are working towards putting in place an efficient mechanism that will provide immediate relief to women in troubled NRI marriages," it added.According to sources, the Law Ministry previously did not sanction of displaying the summons of NRI marriages on the MEA website and besides clashed with the Women and Child Development Ministry over impounding passports and arrogation of the property of those NRI husbands who have been found guilty of deserting their wives and failed to appear in the court.Earlier this month, the External Affairs Ministry revoked passports of five NRIs and as well issuing Look-out-Circulars by Integrated Nodal Agency, an Inter-ministerial body headed by women and Child Development Secretary Rakesh Srivastava, with an aim to deal with matrimonial disputes. The Women and Child Development Ministry had earlier said that it has received 40 cases accompanying to matrimonial conflicts relating to NRIs, of which six were found to be earnest and LoC issued.The Women and Child Development Minister Maneka Gandhi inclined for issuing orders for registering NRI marriages within 48 hours, else the passport or visa of NRI husbands will not be issued. According to the ministry, in vicious matters involving NRIs, the LoC can be issued by the investigating agency in cognizable offenses when an abroad husband is intentionally evading apprehension or not appearing in the trial court contempt non-bailable warrants and other powerful measures, or there is a likeliness that he will leave the country to evade legal proceeding or arrest.By Sowmya Sangam

RBI may raise $30-35 Billion through NRI Bonds to Support Rupee: Report June 12, 2018 08:43

The Reserve Bank of India through Non-Resident Indian bonds expects to hike USD 30-35 billion to aid the rupee and commence the slowdown in Foreign Portfolio Investment (FPI) flows amid emerging oil prices, says a report.The FPI inflows to India will be impacted by Chinese firms listing in global benchmark indices like MSCI, it said.According to a report by Bank of America Merrill Lynch (BofAML), the listing in benchmark indices will shift up to USD 100 billion to China market by 2019."Our China strategists estimate that possible entry into benchmark indices could push up to USD 100 billion into the China markets by end-2019. FPI equity flows to India may slow amid political uncertainty in the run-up to the general elections, given rich valuations," Bank of America Merill Lynch (BofAML) said in a research note.It further said that "We grow more confident that the RBI will issue the fourth tranche of NRI bonds to raise, say, USD 30-35 billion, to offset a slowdown in FPI flows on the listing of China paper in various benchmark indices at a time of higher oil prices," the report noted.NRI bonds are forex deposits with some lock-in and an implicit RBI guarantee elevated from NRIs at attractive rates for 3-5 years.RBI will issue NRI bonds if the global oil prices prevail at USD 70/bbl. BofAML oil strategists forecast USD 71.8/bbl for 2018-19 and USD 75.3/bbl for 2019-20 and accordingly the actual account deficit will increase to 2.4 percent of GDP this fiscal from 0.7 percent in 2016-17, the report noted."We think that there is a rising case for issuing NRI bonds. Every NRI bond issuance has been effective in curbing Indian Rupee volatility," the report noted.The report further noted that the RBI is hoped-for to follow an asymmetrical policy of purchasing forex when the USD weakens and defending Rs66/USD when it strengthens. On the rupee, which has been falling against the US dollar, BofAML said its strategists see the Indian currency at Rs 69.75/USD by December. The rupee is currently hovering around Rs 67/USD.By Sowmya Sangam

Indian Origin Biochemist on UK's Most Influential Women List alongside Meghan Markle June 01, 2018 07:48

An Indian-origin biochemist has been titled as the 25 most influential and aspirational women in the United Kingdom by Vogue magazine, alongside the likes of actress-turned-royal Meghan Markle, human rights lawyer Amal Clooney and the bestselling author J K Rowling.Priyanka Joshi, in the 'The Vogue 25' has been selected for her cutting-edge research in the inaugural. The list included artists, activists and executives across respective fields."Priyanka Joshi had barely completed her PhD when 'Forbes' named her one of the most important young faces in science. A research fellow at Downing College, Cambridge, the 29-year-old sits at the cutting edge of Alzheimer's research, and has been praised for her ground-breaking work building a 'library' of drug-like molecules to target irregular proteins that cause degenerative brain diseases," notes the citation on the young biochemist."With dementia now the leading cause of death for women in England and Wales, her early breakthroughs and research could not be more vital," it adds in reference to Ms Joshi, who completed her MSc in Biotechnology from University of Pune before moving to the UK.Meghan Markle, the Duchess of Sussex after her wedlock with Prince Harry earlier this month, is delineated as a bonzer cast of leaders defining and redefining the way we live now. "Almost overnight, the 36-year-old has become one of the most recognizable women in the world. But her influence stretches far beyond the ceaseless coverage of her style - as a bi-racial campaigning feminist from America, she is helping to forge a new 21st-century identity for the monarchy," it notes.The youngest on the list of 'The vogue 25' is Dua Lipa, 22, a singer who won two Brit Awards for her music this year and is branded by vogue as a culture definer.By Sowmya Sangam

TRS NRI Wing to Celebrate TS Formation Day in 25 Countries on June 2 May 31, 2018 06:43

Telangana Rashtra Samithi's Non-Resident Indian wing will be observing Telangana State Formation Day across all its units located in 25 countries around the world on June 2.The NRI units will as will kick-start discussions on the alternative political alliance proposed by TRS party president and Chief Minister Kalvakuntla Chandrashekar Rao to convey qualitative change in national politics and governance.TRS NRI wing coordinator Mahesh Bigala said arrangements has been made to organize State Formation Day celebrations in United States of America, United Kingdom and Gulf countries including continents of Europe, Africa and Asia.He further said that discourse on alternative political platform will be held in Italy, Denmark, Malaysia, Singapore, London likewise major cities of New Zealand and Australia happening from June 9. Several peoples organizations in these countries are being invited to take part in these programs.Bigala conveyed thanks to Chief Minister for promising to announce a discrete mechanisms for making payments to NRIs eligible under Rythu Bandhu scheme towards crop investment support pointing out that many NRIs including himself returned the cheques to the regime which will welfare more farmers.By Sowmya Sangam

Sangeetha Bahl, 53, Oldest Indian Woman to Scale Mount Everest May 30, 2018 09:37

Sangeetha Bahl, a 53-year-old one-time model and businessperson from Jammu and Kashmir, has become one of the senior Indian woman to conquer Mount Everest.Bahl, who currently resides in Gurugram was felicitated at the Indian Embassy of Kathmandu for scaling the peak on May 19 with the aid of two sherpas, members of Himalayan people living on the borders of Nepal and Tibet, notable for their ability in mountaineering.Her spouse, Ankur Bahl who as well mounted Mt. Everest in 2016 was also welcomed at the Indian embassy in Kathmandu.Sangeetha Bahl has already conquered six highest peaks out of seven of the world and the couple sworn to scale seven summits in seven continents, which they cliched few of them collectively.Bahl broke the record of Premlata Agarwal, 48, who scaled Everest in 2011. This was Bahl's second effort as she abandoned the initial expedition after suffering from high-altitude malady.“I just returned to Kathmandu after my epic climb to Mount Everest,” she wrote on Facebook. “Wish to thank each one of you who have supported me through your prayers, wishes and constant goodwill.”Bahl's mission as well has a message by carrying a headline to the peak advocating early detection of breast cancer in woman and funding of the cause.According to officials, six dozen Indian nationals have scaled Mt Everest this year, becoming the second nation of mountaineers to do so after climbers from the U.S.By Sowmya Sangam

Indian Businessman Fined for $40,000 For Filing False Information in Visa Application August 11, 2017 11:21

An Indian origin businessman based in New Hampshire has been fined by the court for a whooping $40,000 along with three-year probation by a federal court for filing false information in the H-1B visa application, according to a US attorney. The documents released by court said that an Indian-origin businessman Rohit Saksena has pleaded guilty for making false statements in the United States Citizenship and Immigration Services. 42-year-old Saksena, who is a President and CEO of Saks IT group LLC, company based in Manchester, New Hampshire, has allegedly filed 45 fraudulent visas in order to hire more people for providing service to a california-based company. According to the US Department of Justice, various malpractices have been found in the activities by the Saksena’s company file filing visa applications including some bogus independent contractor agreements. However the department has said that the visa applications by Saxena have been rejected after finding about the deception by him. By Prajakt K.

Dilip Chauhan Appointed as Deputy Comptroller of Minority Affairs In Nassau County August 08, 2017 12:01

Dilip Chauhan, an Indian-American, has been appointed on the senior position of Nassau County in New York. He will work in order to increase the reach to the minority community. The statement released by the government stated that Chauhan has been appointed as the Deputy Comptroller for Minority Affairs of Nassau Country by the Comptroller George Maragos. Chauhan has been working with the Comptroller’s office since 2015 as the Director for Community Affairs, South and East Asia along with the adviser to Comptroller since 2017. The statements also stressed on that minority community is an integral part of the social fabric of the Nassau County and although the Comptroller’s Office is doing its best for the minority community, a lot more has to do on the rights of the minority community. In a statement released by Chauhan, he responded on his new responsibility that he is honored to be appointed as the Deputy Comptroller and will work to create equal opportunities for the whole minority community.

Two Indian-Americans to be honored with 'Great Immigrants' July 01, 2017 09:49

Adobe chief Shantanu Narayen and former US Surgeon General, Vivek Murthy are among 38 immigrants, who will be honored this year for their contribution to the country's society, culture, and economy. Narayen and Murthy will be honored with the prestigious 'Great Immigrants' annual award on US's Independence Day on July 4. Born in the UK 39-year-old Murthy, is a Harvard and Yale alumnus. He was appointed by former President Barack Obama in 2014, becoming the first Indian-American to occupy the post and also the youngest surgeon general of the United States. However, Murthy was dismissed this year in April by the Trump administration. 54-year-old Narayen is a native of Hyderabad. He holds a bachelor's degree in electronics engineering, a master's in computer science and an MBA from UC Berkeley. He is a board member of Pfizer and US-India Business Council. Among other honorees include Canadian-origin social entrepreneur Jeff Skoll, PayPal co-founder of Ukrainian-origin Max Levchin, Iranian-origin philanthropist and entrepreneur Hushang Ansary. Each year since 2006, the corporation has recognized the contributions of naturalized citizens, and for 2017, the honorees represent more than 30 different countries of origin, a wide range of personal immigration stories, and a high-level of professional leadership in numerous fields. "Our annual tribute to 'Great Immigrants' demonstrates the richness of talent, skills, and achievements that immigrants from around the world bring to every sphere of American society," said Vartan Gregorian, president of Carnegie Corporation of New York. "This campaign reminds us of the debt the United States owes to generations of immigrants who become citizens and contribute to the progress of this country. Today, we celebrate and thank them," he said. The honorees will be recognized with a full-page public service announcement in The New York Times and an online public awareness initiative. In keeping with this mandate, the corporation's agenda focuses on the issues that Andrew Carnegie considered of paramount importance: international peace, the advancement of education and knowledge, and a strong democracy. Amandeep

Indian-American Self-Made Billionaire In Chicago - Rishi Shah June 16, 2017 08:44

Rishi Shah, an Indian-American, who stepped out of college 10 years back to pursue his entrepreneurial dreams, has become the self-made billionaire in Chicago. And also Shah’s business partner, Shradha Agarwal, is just close behind. A break came to them with $600 million infusion of the venture capital into Outcome Health, the Chicago health care tech company, which they founded in the year 2006. The company is now valued at $5.6 billion. Shah grew up in Chicago suburb of the Oak Brook, and is the son of a doctor who emigrated from India, Shah’s mother managed his father's medical practice. The first idea inspired for the Outcome Health in providing content to the doctor's offices, Shah said in an interview to the local media. Shah studied in the Northwestern University as a transfer student, where he met Shradha Agarwal, who is presently the president of Outcome Health. While working on the campus magazine, both of them have eventually found a company called ContextMedia, out of Northwestern in the year 2008, funding the company from loans which have over the years reached the aggregate of $325 million instead of giving up the equity. Knocking on the doctor's office doors around the Chicago area, they have found a little hope in their idea.Some doctors have not seen the value in digital education in their offices, and others who did wanted to see the revenue to feel comfortable committing to such a fledgling product. However, without signing to them, the entrepreneurs had no revenue with which to placate them. They earned the revenue of $1 million in that first year. CEO Rishi Shah, aged 31, president of Shradha Agarwal have founded ContextMedia in the year 2006, while two were at the Northwestern University. The company has began to sell its video monitor services to the physicians and hospitals without any kind of outside investment. Over a decade, the company grew up and the big-time investors have noticed the company, but Shah and Agarwal passed up the offers in order to scale organically and also to retain the ownership. In the month of January, the company has changed its name to Outcome Health as it slowly stepped towards the first major round of funding. As per Crain's, the company took more than $130 million in revenue in the last year and also posted an operating profit margin of roughly 40%. Outcome Health has doubled its revenue during each of the last two years, and it has also grew with its acquisition of AccentHealth in the last November. Indian-American Appointed As Judge Of US Court of Appeals Mrudula Duddempudi.

Indian-American Appointed As Judge Of US Court of Appeals June 02, 2017 07:36

President Donald Trump has appointed an Indian-American, Amul Thapar as a judge of US Court of Appeals for the Sixth Circuit, said the sources from White House. Before Thapar’s appointment as judge on the US Court of Appeals, he has served on the District Court for the Eastern District of Kentucky. 48-year-old Thapar has been confirmed as judge in the by the Senate votes of 52-44, on the party lines. Thapar, son of the Indian-American immigrants, is the Nation’s first Article III judge of the South Asian descent. Thapar, in addition to his career on the Federal bench, he also served as the US Attorney for the Eastern District of Kentucky and as the Assistant US Attorney in the Southern District of Ohio and the District of Columbia. On the aggregate, Trump has nominated 10 judges to the lower courts, Thapar was one among them, who is the Trump’s first judicial confirmed by the Senate, apart from Neil Gorsuch, who was appointed as the Supreme Court judge. Thapar has begin his legal career in a private practice, after interning with Judge S Arthur Spiegel of the District Court for the Southern District of Ohio and also with Judge Nathaniel R Jones of the Court of Appeals for the Sixth Circuit. Thapar has received his BS from the Boston College in the year 1991 and also his JD from the University of California, in Berkeley. In the South Asian Bar Association of North America's (SABA) National Advisory Council, Thapar is a member, and he has served as the keynote for Annual Convention. SABA awarded Thapar with its Pioneer Award in the year 2010. He has also studied at the University of Virginia School of Law, Vanderbilt Law School, also at the Northern Kentucky University Chase College of Law. Decline In US Visas For Pak; Rise For India Mrudula Duddempudi.

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