NRI

January 28, 2025 11:06 AM

India honours Trinidad and Tobago President with Pravasi Bharatiya Samman Award

India has conferred the Pravasi Bharatiya Samman Award on Christine Carla Kangaloo, President of the Republic of Trinidad and Tobago, recognising her outstanding achievements in public affairs and her contributions to enhancing India's global prestige, the High Commission of India in Trinidad and Tobago announced on Tuesday. In a post on X, the High Commission stated, "At the Republic Day reception hosted by the High Commission last evening, Christine Carla Kangaloo, ORTT, President of the ...

January 8, 2025 3:46 PM

Jaishankar highlights the role of NRIs in India’s Global Rise at Pravasi Bharatiya Divas

External Affairs Minister Dr. S. Jaishankar on Wednesday underscored the crucial role of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) in India’s ascent as a global power during his address at the Youth Pravasi Bharatiya Divas in Bhubaneswar. The event marked the first day of the 18th Pravasi Bharatiya Divas (PBD) Convention, which is being held from January 8 to 10. Jaishankar emphasized that India's unique position in the global order is significantly shaped by its diaspo...

December 30, 2024 11:26 AM

India’s BoP strengthened by robust inflows from NRI deposits, external commercial borrowing in the quarter: report

India’s Balance of Payments (BoP) witnessed a significant boost in the second quarter of FY25, driven by robust inflows from Non-Resident Indian (NRI) deposits, External Commercial Borrowings (ECBs), and Foreign Portfolio Investments (FPIs), according to a report by the Bank of Baroda. The report highlighted a sharp rise in the capital account surplus, which climbed to $11.9 billion in Q2 FY25, compared to $10.3 billion in the same quarter last fiscal year. The BoP registered an accretion of ...