Impact of COVID-19 on immigration

The United Nations reported, in its 2020 International Migration Highlights, that the Indian diaspora is the world’s largest and that “in 2020, 18 million persons from India were living outside of their country of birth.” The United States receives the second-highest number of Indian immigrants, after…

Bottomline: These stocks gave 1000% since Mar ’20; but what about fundamentals

The market is a sentimental beast. It swings from extreme pessimism to unbridled optimism (sanity lies somewhere in the middle). And in that process, it tends to distort valuations. We seem to be experiencing just this sort of euphoria in certain pockets of the market today. But to get a better sense of the nature of…

Indians’ funds in Swiss banks: Govt seeks details from Swiss authorities

The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen since 2019, but said it is seeking details from Swiss authorities on the relevant facts along with their view on possible reasons for changes in the funds parked by individuals and entities in 2020. In a statement, the…

Tamil Nadu move to appoint women, non-Brahmins as priests triggers debate

Tamil Nadu Hindu Religious and Charitable Endowments Department (HR&CE) Minister P K Sekar Babu recently announced that Hindus of all castes would be appointed as priests in over 36,000 temples under its department. He also said women could also be appointed as priests in temples following stipulated…

Milkha Singh’s Achievements Will Always Make Country Proud: Yogi Adityanath

The achievements of sprint legend Milkha Singh, popularly known as the “Flying Sikh”, will always make the citizens of this country proud, Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday, expressing grief over the athlete’s demise. The void created in the world of sports by his death…

Exclusive: Yamaha Looking At Introducing Electric Scooter In India

Yamaha India is working on developing a new electric scooter specifically for India, carandbike has learnt. While the electric two-wheeler will be targeted at the India market, as well as other global markets, Yamaha is adopting a wait and watch policy to see how India’s EV policy develops, or what roadmap for…

MK Stalin Greets “Beloved Brother” Rahul Gandhi On His Birthday

Tamil Nadu Chief Minister MK Stalin on Saturday greeted Congress leader Rahul Gandhi on his 51st birthday, praising his “selfless, untiring work to establish an egalitarian India.” “Wishing my beloved brother @RahulGandhi on his birthday and I join others in praising his selfless, untiring work to…

China, Russia unveil plans for research station on Moon by 2035 as lunar race tightens

Weeks after threatening to withdraw from the International Space Station (ISS), Russia has joined hands with China to develop a Joint International Lunar Research Station (ILRS). The two countries are now looking for collaboration from other nations for long-term, autonomous and comprehensive scientific experiment base…

India’s Forex reserves rise to lifetime high of $608 billion

The country’s foreign exchange reserves surged by USD 3.074 billion to reach a record high of USD 608.081 billion in the week ended June 11, the latest data from the Reserve Bank of India (RBI) showed on Friday. The reserves had increased by USD 6.842 billion to USD 605.008 billion in the previous week ended June…

Coronavirus Live Updates: Over 2.87 crore vaccines available with states and UTs, says Centre

India reported 60,753 fresh Covid cases in the last 24 hours, informed the Health Ministry on Saturday. 97,743 patients recovered during the same time, taking the total tally to 2,86,78,390 recoveries across the country so far. Meanwhile, Brazil on Friday recorded 98,832 Covid cases and 2,495 deaths in the last 24…