Julius Baer Appoints Ashwin Jayaram as Head of Global NRI Team in Singapore
Julius Baer has announced the appointment of Ashwin Jayaram as the new head of its Global NRI team, effective August 19, 2024. Jayaram will be based in Singapore and will report directly to Vijay Solomon, Group Head of Global NRI.
NRI Deposits Surge with Nearly $4 Billion Inflows in Q1 FY25: RBI
Non-Resident Indians (NRIs) have significantly increased their deposits in Indian banks, contributing nearly $4 billion to various NRI deposit schemes in the first quarter of FY25. According to data released by the Reserve Bank of India (RBI) on Monday, this
NRI Brother’s Gift Exempt from Taxation, Rules Income Tax Tribunal
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) clarified that a Rs 20 lakh gift received by a taxpayer from his Non-Resident Indian (NRI) brother is exempt from taxation. The Mumbai bench, led by Accountant Member Prashant Maharishi,
Indian Expats Celebrate Raksha Bandhan at Abu Dhabi’s BAPS Hindu Mandir
In a heartwarming display of community and tradition, over 2,500 Indian expats gathered at the BAPS Hindu Mandir in Abu Dhabi to celebrate Raksha Bandhan, a cherished festival symbolizing the bond between brothers and sisters. The event, held on Sunday,
Indian-Origin Scientist Wins Major USDA Grant to Tackle Rice Crisis
In a significant move to address the looming rice crisis intensified by climate change, Dr. Raju Bheemanahalli Rangappa, an agronomy researcher at Mississippi State University (MSU), has been awarded a $720,500 grant from the USDA National Institute of Food and
K1NGM4K3RS Inc. Set to Revolutionize U.S. Sports Scene with Kabaddi’s Debut
K1NGM4K3RS Inc. is gearing up to make waves in the American sports landscape with an ambitious plan to introduce Kabaddi to the U.S. The company’s founders, led by Kevin Varghese, are embarking on a tour of India this week to
Bill Gates Kicks Off First India Day in Seattle, Hails India as a “Global Leader”
Bill Gates, the co-founder of Microsoft and a prominent philanthropist, inaugurated the first-ever India Day celebrations in the Greater Seattle area, recognizing India as a “global leader” in various innovative sectors. Invited by the Consulate General of India in Seattle
Varinder Bhalla Honored with Congressional Award for Four Decades of Service
Varinder Bhalla, a prominent Indian American community leader, has been awarded a prestigious Congressional Award in recognition of his 40 years of dedicated service to the community and his efforts to strengthen US-India relations. The award was presented by Representative
Asian American Unity Coalition to Host Influential Summit at U.S. Capitol
The Asian American Unity Coalition (AAUC) is set to host the 2024 Asian American Unity Summit on September 19-20 at the U.S. Capitol in Washington, D.C. This significant event will feature a White House briefing and an interactive session focused
AAPI Champions Health at New York’s India Day Parade
In a vibrant display of cultural pride and medical advocacy, the American Association of Physicians of Indian Origin (AAPI) took center stage at New York City’s India Day Parade on August 18th, 2024. Led by Dr. Satheesh Kathula, AAPI’s newly
