Indian Diaspora

RBI hikes rate caps on diaspora's currency deposits to attract flows

The Reserve Bank on Friday announced a raise in the interest rate caps on the diaspora's foreign currency deposits, in a move aimed at attracting more capital flows amid pressures on the rupee. Announcing the fifth bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said it has been decided to increase the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits as per tenors. It can be noted that the move comes at a time when rupee has been hitting lifetime lows against the dollar, and the Reserve Bank of India (RBI) seems to be deploying forex reserves to contain the volatilities, as seen in the sharp fall in the kitty over the last few weeks. Starting from Friday, banks have been now permitted to raise fresh FCNR (B) deposits of 1 year to less than 3 years maturity at rates not exceeding Overnight Alternative Reference Rate (ARR) plus 400 basis points, as against 250 basis points earlier. Similarly, deposits w

Bihar a failed state: Prashant Kishor tells Bihari diaspora in US

Jan Suraaj leader Prashant Kishor has said Bihar is "literally a failed state" which is in "deep shit" and tremendous efforts are required for its all-round development. In a virtual interaction with the Bihari diaspora community after the launch of the US chapter of the Jan Suraaj, the former poll strategist exuded confidence that his party would win the 2025 Bihar Assembly polls and said that he would lift the ban on alcohol and use the revenue to improve school education. "We have to realise that this (Bihar) is a state which is in deep shit. If Bihar were a country, it would be the 11th largest country in terms of population in the world. We have just overtaken Japan in terms of population," Kishor told the gathering. He said the biggest challenge is that society has become "hopeless" about improving the situation of Bihar. "When you become hopeless, the immediate survival needs become so overpowering that nothing (else) matters," he said. However, Kishor said, not all is ...

UK's National Health Service owes so much to Indian diaspora: British min

Britain's National Health Service (NHS) owes so much to the Indian diaspora and it is the partnership with India which will help the UK meet the challenges of modernising the country's healthcare system for the future, Health Secretary Wes Streeting has said. As a keynote speaker at India Global Forum's (IGF) annual Diwali celebration in London on Wednesday evening, Streeting drew upon the spirit of the Festival of Lights to express optimism towards the enormous reform agenda ahead for his department. If I think about the way in which the NHS has been shaped in the last 76 years, we owe so much to the Indian diaspora here in Britain, said Streeting. It was the generation that helped to build the NHS in 1948 and today we see the children, grandchildren and great-grandchildren shaping its future. When we see such enormous challenges in our health and care service, when we look out to a very fragile and unstable world, it is very easy to feel overwhelmed by the challenge and beaten by

Diaspora key to India's 2047 development goal: President in Mauritania

Emphasising India's goal of becoming a developed nation by 2047, President Droupadi Murmu on Wednesday acknowledged the crucial role of the Indian diaspora in achieving this vision while addressing the community members in the Mauritanian capital. The president arrived here earlier in the day on the second leg of her three-nation visit to Africa. It is the first visit to Mauritania by an Indian leader at the highest level since the African nation won independence in 1960. "We are rapidly moving towards our goal of making India a Developed India' by the year 2047, and our diaspora family is a very important factor in this process," Murmu said at a community reception organised here. Expressing gratitude to the host nation, she said, "I express my gratitude to the government and people of Mauritania for always supporting the Indian community." Highlighting the potential for India-Mauritania cooperation, President Murmu noted that India could contribute to Mauritania's development in

Jaishankar lauds efforts of Indian diaspora in developing Viksit Bharat

He added, Appreciate the efforts and contributions of our diaspora in developing a Viksit Bharat

We are voice of Global South, world listens when India speaks: PM Modi

PM Modi said that now India does not lag behind, it creates new systems and leads. India has given the new concept of digital public infrastructure (DPI) to the world

Indian community has distinguished itself in USA positively: PM Modi

Prime Minister Narendra Modi arrived at Philadelphia International Airport on Saturday morning (local time) on the first day of his three day visit to the United States

Why diaspora matters? Examining influence of US-based Indians in politics

PM Narendra Modi has attended at least half a dozen diaspora events in the US from his first visit in September 2014 to his eighth in June 2023

Love, respect & humility missing from Indian politics, claims Rahul in US

Love, respect and humility are missing in Indian politics, Congress leader Rahul Gandhi has said in his address to the Indian American community in Texas, where he also criticised the RSS for believing that India is "one idea". Gandhi made the remarks on Sunday in Dallas during his first interaction with the Indian diaspora after becoming Leader of the Opposition in Lok Sabha this summer. "RSS believes that India is one idea. We believe that India is a multiplicity of ideas," he said. "Very much like the United States, we believe everybody should be allowed to participate. We believe that everybody should be allowed to dream, (and) everybody should be given space, regardless of their caste, language, religion, tradition, history, he said. This is the fight. The fight crystallised in the election when millions of people in India clearly understood that the Prime Minister of India was attacking the Constitution of India. Because what I am saying to you is the union of states, respect

PM Modi begins Singapore visit, aims at boosting strategic partnership

PM Modi said he is looking forward to the various meetings aimed at boosting the India-Singapore friendship and closer cultural ties

Looking forward to strong ties with Brunei: PM Modi; meets Indian diaspora

Prime Minister Narendra Modi on Tuesday said he was looking forward to strong ties with Brunei, as he arrived here on the first leg of his two-nation trip meant to strengthen cooperation in sectors like defence, trade and investment, energy as well as people-to-people exchanges. Modi, the first Indian Prime Minister to travel to Brunei on a bilateral visit, said he was looking forward to his meetings with Sultan Hassanal Bolkiah and other members of the royal family to take the historical relationship to new heights. As a special gesture, Modi was received by Crown Prince Al-Muhtadee Billah at the airport. From Brunei, Modi will travel to Singapore on Wednesday. Modi visited the iconic Omar Ali Saifuddien Mosque in Brunei, which was built by the current Sultan's father. He also inaugurated the new chancery premises of the High Commission of India. At both places, he interacted with the Indian diaspora. He was received by Minister of Religious Affairs Pehin Dato Ustaz Awang Badarudd

Indian Embassy in Laos rescues 47 nationals from cyberscam centres

This mission, which underscores the Embassy's commitment to the safety and well-being of Indian citizens abroad, was executed in close coordination with local authorities in Laos

Defence Minister Rajnath Singh meets with Indian diaspora during US visit

Defence Minister Rajnath Singh held a "wonderful" interaction with the Indian community in the US state of Tennessee and appreciated their contribution to society, science and the economy. Singh is in the US on a four-day official visit to further boost the comprehensive global strategic partnership between the US and India. "Had a wonderful interaction with the Indian community at Memphis. Their contribution to society, science and economy has been exemplary," he said in a post on X after his meeting on Sunday. Earlier in the day, Singh also visited the William B Morgan Large Cavitation Channel (LCC) in the Naval Surface Warfare Centre (NSWC) in Memphis, Tennessee -- one of the world's largest and most technically advanced water tunnel facilities for testing submarines and other naval weapons in the US. His visit to the water tunnel facility came amidst a proposal for the establishment of a similar facility for indigenous design and development in India. Singh also visited the Na

Communal hate claims by diaspora at Ram Mandir tableau at India Day parade

A leading diaspora organisation here has strongly rejected and called out the communal hate and bigotry against its annual India Day parade after it announced that a tableau of the Ayodhya Ram Mandir will be displayed at the event to be held in Manhattan this week. Federation of Indian Associations NY-NJ-CT-NE (FIA) had announced that a tableau featuring the Ayodhya Ram Mandir will be the highlight of the India Day parade that will be organised in the heart of Manhattan on August 18 to commemorate India's Independence Day. FIA Chairman Ankur Vaidya said that the India Day Parade, which has been held annually for four decades, has been targeted by hate-filled bigotry for including the Ram Mandir float. A coalition of human rights and interfaith organisations have condemned the inclusion of the Ram Mandir float in the parade and have written to New York Governor Kathy Hochul and New York City Mayor Eric Adams urging them to condemn and oppose the inclusion of an anti-Muslim float at t

India evacuates non-essential staff from Bangladesh, releases helpline nos

Bangladesh political turmoil: All Indian diplomats have remained in Bangladesh, and the missions are continuing to operate in Dhaka, Chittagong, Rajshahi, Khulna, and Sylhet

India's development over past 10 yrs has taken world by surprise: PM Modi

India is undergoing a transformation and the pace of development over the past 10 years has taken the world by surprise, Prime Minister Narendra Modi said here on Tuesday. Addressing the Indian diaspora in the Russian capital, Modi said India was changing as it believes in the strength of its 140 crore citizens who are now dreaming of turning their resolve of Viksit Bharat' into reality. Today's India is full of self-confidence, unlike the situation before 2014, and this is our biggest capital, Modi said. When people like you bless us, even the biggest goals can be achieved. You all know that today's India achieves whatever goal it sets its mind to, the prime minister said. The Prime Minister said it was in his DNA to challenge all the challenges and India will write a new chapter of global growth in coming years. Modi said it was exactly a month ago that he took oath as prime minister for the third consecutive term when he had made the resolve to work at thrice the strength and s

Indians in Russia to seek PM Modi's support to build Hindu temple

The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India. Prime Minister Modi will be in Moscow from July 8 to 9 at the invitation of President Putin for the 22nd India-Russia Annual Summit to be held on Tuesday. Indian diaspora members in Russia expressed excitement over PM Modi's visit to Russia while talking to PTI Videos here. The diaspora members also expressed their wish for a Hindu temple, a new Indian school building and the availability of more flights to India. "There are few things which remain missing in the society. For example, we would demand a Hindu temple through Prime Minister Modi. There are a few troubles with airlines as only Aeroflot works. If any other airline like Air India operates flights to Russia, then the frequency will increase along with the availability o

Hindus not represented in USCIRF, says head of Indian diaspora body

Hindus, who constitute one percent of the American population and is the third largest religion of the world, has gone unpresented in the US Commission on International Religious Freedom, in the absence of which the USCIRF has been producing biased, unscientific and one-sided reports on India and Hindus, the head of a top Indian diaspora think-tank body said Friday. The US Commission on International Religious Freedom (USCIRF) on Friday announced the appointment of three new members -- Maureen Ferguson, Vicky Hartzler, and Asif Mahmood and reappointments of Stephen Schneck and Eric Ueland to its commission. The term of the previous commissioners -- Abraham Cooper, David Curry, Frederick Davie, Mohamed Magid, Nury Turkel and Frank Wolf ended on May 14. Congratulations to the appointed member of the USCIRF. Leaders have missed a historic opportunity to appoint representation for diversity and the balance in the commission, representation of one of the largest faiths. One in every six

Most Indian Americans back PM Modi's third term, says Diaspora leader

Majority of Indian Americans favour a third term for Prime Minister Narendra Modi as his government's policies are transforming India, an influential community leader has said. Indians are part of the deep economic growth of the United States and they've been working hard to contribute to the economic growth, Indian-American Democratic fundraiser Ajay Jain Bhaturia said, underling that when they see similar economic growth happening back in India, they feel very proud of it. I think the majority of Indian Americans want Prime Minister Modi to come back. It's a sense of pride for them that when India shines, they shine, Bhaturia told PTI in an interview. They feel proud that India is rising, India is growing. India has been growing at almost a much faster rate of economic growth, six to seven per cent. When I'm reading the statistics, it says that it'll overtake Japan by the end of this year to become the fourth largest economy. And maybe by 2027, India would be the third largest ...

India approves OCI card for 7th gen Indian-origin Mauritians: Prez Murmu

The President also highlighted India-assisted development projects in Mauritius and said that these projects are a testament to India's support to Mauritius