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Get the latest news and announcements concerning Non Resident Indian (NRI), PIO and OIC communities residing in Qatar, GCC and other parts of the world.

Community
Leaked papers: No re-examination for NRI students, confirms CBSE

India’s Ministry of Human Resources and Development has announced that there is no evidence of any leakage of examination papers outside India and as a result there will not be any re-examination for NRI students pursuing studies at CBSE-affiliated schools outside India. “Our information is that there is no leak outside India, so there will be no re-exams outside India,” Education Secretary Anil Swarup IAS said. As per to the latest information, Class 10 Maths re-test is expected to be held in July while Class 12 Economics exam will be conducted on April 25. The exams were cancelled after reports question paper leak emerged from Delhi. No evidence of paper leakage outside India The official said that there were no pan-India leakage nor there was any evidence of paper leakage outside India. “Regarding Class 10th re examination, as leak was restricted to Delhi and Haryana, if at all a re-exam…

Community
India’s new passport reforms evoke mixed reactions

The decision by the Indian government to issue passports in two colors – blue and orange – and leave the address page of the document blank has evoked mixed reactions among the Non-Resident Indian (NRI) community. What are the changes As per the new rules, Indians who require emigration clearance (ECR) – those who have not passed 10th grade – will be issued orange passports, while those who do not need emigration clearance (ECNR), will continue with the blue ones. According to government, the color coding would help officials easily identify and protect labourers who have not completed Grade 10 and could be duped by unscrupulous agents. The government has also decided to keep the last page of the passport blank in accordance with the recommendations of a committee set up to look into requests by single mothers that the name of the father not be mentioned in their child’s…

Community
Two-fold jump in NRIs registering as voters

The number of NRIs registering themselves as ‘overseas electors’ has seen a two-fold jump in the last three years, latest government and EC data show. The figure, however, is far too less when compared to the number of Indians living abroad and entitled to vote. The issue of voting by NRIs in Indian elections is being debated again with the government moving a bill in the Lok Sabha to extend proxy voting rights to them on the lines of service voters. The bill says the necessary provision of coming to India to cast ballot caused “hardship” to overseas electors. As of now, non-resident Indians–essentially people living or working abroad who have not given up their Indian citizenship–can cast their vote in the constituencies they are registered in. This means that they first have to register themselves as voters and then take a long flight to India be present on election…

Community
NRI deposits drop 98% as oil prices remain low: Report

Net deposits by Non-Resident Indians (NRIs) dropped sharply by 98 percent in April-August this fiscal due to fluctuation in oil prices, industry body ASSOCHAM said. Net bank deposits — the difference between total deposits and not withdrawals — came in at USD 434 million in April-August this year, compared to a net deposit of USD 3.8 billion in the same period last year. Gulf crisis hits remittances “While there are various factors responsible for the NRI flows, including the interest rates, but the most plausible at this point of time seems to be economic problems in the Gulf countries, the largest source of NRI remittances, particularly for the low income expatriates,” the statement said. “Remittances have been affected for states like Kerala, Uttar Pradesh and Bihar, in particularly which have a large number of its people making living in the Gulf nations.” “With fading away of the glorious years for…

Community
Here are the 14 richest Indian billionaires in the UAE

The UAE, a sought after destination for the world’s high net worth individuals, is now ranked as the most favourite migration hub for the super rich non-resident Indians. A leading authority on India’s private wealth, Hurun Report, said two other countries preferred as a migration destination by India’s 40 super rich non-residents are the UK and the USA. There are 40 immigrants in Hurun India Rich list 2017 and 64 per cent of them are self made. With 14 individuals, UAE is the most preferred destination for immigration, followed by 10 in UK and 8 in the US. Richest Indians in UAE (Figures in Billion Dirhams) Among the 40, with Rs882 billion, L.N. Mittal of ArcelorMittal is the wealthiest Indian immigrant in the UK. Micky Jagtiani of the Landmark Group, and M.A. Yusuf Ali of the Emke Group are ranked respectively second and third wealthiest Indian immigrants globally. Both, residents…

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No second chance for NRIs to deposit demonetised currency: Sushma Swaraj

External Affairs Minister Sushma Swaraj has ruled out any new window of opportunity for NRIs or people of Indian-origin to deposit their high value Indian currency which was declared illegal after the demonetisation policy, a statement said today. Swaraj made these remarks during her interaction with a delegation of Global Organisation for People of Indian Origin (GOPIO) during her trip to New York last week, a media statement said. “Swaraj informed that the government had provided the time window for Non-Resident Indians (NRIs) who are Indian citizens to deposit their currencies earlier. However, that window was not open for Diaspora Indians with foreign citizenship and the government would not be able to provide another such chance,” the GOPIO statement said. Prime Minister Narendra Modi announced his demonetisation policy on November 8 last year, banning old currency notes of Rs 500 and Rs 1000 denomination. According to GOPIO, overseas citizens of…

Community
Thousands celebrate at India Day Parade in New York

Thousands of people from the Indian diaspora converged in the heart of New York, in their traditional finery, to celebrate India’s 71st Independence Day at one of the largest parades outside India attended by ‘Baahubali’ actors Rana Daggubati and Tamannaah Bhatia. The 37th India Day Parade organised by the Federation of Indian Associations – New York, New Jersey, Connecticut – ran through several streets in Madison Avenue in Manhattan on Sunday and featured tableaux by several Indian-American organisations, marching bands, police contingents and cultural performances by young Indian-American children. Greeting the crowd, New York city Mayor Bill de Blasio said the Independence Day parade celebrates the “extraordinary contributions” of the Indian-American community to the city. “This is a day we appreciate what people do for the city regardless of what they look like, regardless of what language they speak, regardless of where they were born. Everyone here contributes to making…

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12-year-old Indian-origin boy crowned ‘Child Genius’ in UK

A 12-year-old Indian-origin boy has been crowned the UK’s ‘Child Genius’ in a popular television quiz competition, days after he became an overnight sensation after answering all questions correctly. Rahul Doshi won the Channel 4 show ‘Child Genius’ by beating his nine-year-old opponent – Ronan – 10-4 in the programme’s finale last night. He had become an overnight sensation earlier this week after he answered all questions correctly. The schoolboy from north London clinched the title by answering a question on 19th Century artists William Holman Hunt and John Everett Millais. “It didn’t sink in straight away, but it was really nice,” Rahul said after winning the title. In the final, Rahul impressed with knowledge of his chosen subject – Edward Jenner’s medical innovation and methodology in 18th Century England. “I was bursting with pride,” said his father Minesh, an IT manager who had entered his son into the competition.…

Community
Union Cabinet clears proposal to extend proxy voting facility to NRIs

India’s Union Cabinet on Wednesday cleared a proposal to extend the facility of voting by electronic means and proxy to Non-resident Indians (NRIs) by amending electoral laws. At present, an overseas Indian could cast his or her vote in the constituency he or she belonged to by being physically present at the polling station. As per the new proposal, NRIs would also be allowed to use the option of proxy, which as of now is only available to service personnel like Army officers. For overseas Indians, the Representation of the People Act needs to be amended to include proxy voting as other means to cast their votes. What is proxy voting Proxy voting is a form of voting whereby a voter may delegate his or her voting power to a representative, to enable a vote in absence. A person so designated is called a “proxy” and the person designating him…

Community
Here is why NRIs need not worry about Aadhaar card

Indian expatriates living across the globe need not worry about any possible problems with their financial or income tax transactions in India for not having an Aadhaar card, recent clarifications issued by the Government says. Despite the exemption previously announced by the Indian authorities, many NRIs expressed their concerns about disruption of transactions in NRE bank accounts in India and filing of income tax returns. Their concerns are justified due to the following reasons: As per recent government orders, PAN card should be linked to Aadhaar card by June 30, 2017 and failure to link them makes PAN redundant. As PAN card was already made mandatory for holding a bank account, NRIs are concerned that this could affect their banking transactions and their accounts may be blocked. A redundant PAN will also affect NRIs who invest in Indian stock market, for which PAN is mandatory. PAN is already mandatory to…

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