Pravasi Herald
MoneyMatters
Saturday, August 19, 2017
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Temples now the only hope for India’s gold industry?

By Aparajita Gupta

New Delhi -- The glitter has gone out of the gold industry and it is hoping for divine intervention - but of a different kind - to breakout from the negative phase. Industry stakeholders feel if India's gold-rich temples part with at least half of their treasure, this will save the government from importing the yellow metal for at least four to five months.

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09/19/13
HeadlinesIndiaDaily UpdateLivingMoneyMattersReligion/Festivals
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Tata Sons, Singapore Airlines to launch new airline

Mumbai, Sep 19 -- After waiting in the wings for nearly two decades, Tata Sons and Singapore Airlines Thursday revived their joint venture to set up a full-service airline in India, investing $100 million.

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09/19/13
HeadlinesIndiaUS/IntlDaily UpdateLivingMoneyMatters
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Indian stocks, rupee surge on US stimulus move

Mumbai, Sep 19 -- The Indian stock markets' key indices surged by more than three percent, with the benchmark Sensex touching the highest level in three years, and the rupee zoomed to one-month high after the US Federal Reserve decided to continue with its $85 billion monthly bond-buying programme.

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09/19/13
HeadlinesIndiaUS/IntlDaily UpdateLivingMoneyMatters
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Indian business sought for Sacramento region

Washington -- A delegation of Indian CEOs and potential investors will visit California's Sacramento region next year to learn more about potential partnerships and investment opportunities there, according to the only Indian-American lawmaker Ami Bera.

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09/06/13
HeadlinesIndian AmericanIndiaDaily UpdateLivingMoneyMatters
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Judge rules discrimination lawsuit against Lotus Bank can proceed

My Title

Washington -- A Michigan judge has ruled that an unusual lawsuit alleging discrimination against a bank set up by members of the local Indian and east Asian business community by two of its Indian customers can proceed.

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08/23/13
HeadlinesIndian AmericanDaily UpdateLivingMoneyMatters
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The volatile journey of Indian rupee since independence

By Gyanendra Kumar Keshri 
 
New Delhi, Aug 15 -- The Indian rupee, which was at par with the American currency at the time of independence in 1947, hit a record low of 61.80 against the dollar recently. This means the Indian currency has depreciated by almost 62 times against the greenback in the past 66 years.
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08/15/13
HeadlinesIndiaDaily UpdateLivingMoneyMatters
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NRIs top online shoppers during Rakhi and Diwali: Survey

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New Delhi -- The current festive season has seen a 65 percent rise in online shopping in India, a $8.6 billion annual market.

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08/15/13
HeadlinesIndian AmericanIndiaUS/IntlDaily UpdateLivingMoneyMattersLifestyle/Fashion
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India’s Mahindra to open auto assembly plant in Ghana

Accra -- Buoyed by sales of 3,500 SUVs and pick-ups in the last seven years, Indian automotive major Mahindra is to set up an assembly plant and service centre on a 9.5 acre plot in the Ghanaian capital along with its local partner.

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08/15/13
HeadlinesIndiaUS/IntlDaily UpdateLivingMoneyMatters
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Indians among top five International buyers of property in US

Washington --  Buying property worth nearly $3.5 billion in the year ended March 2013, Indians are among top five international real estate buyers in the US, according to the National Association of Realtors.

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07/10/13
HeadlinesIndiaUS/IntlDaily UpdateLivingMoneyMattersInfoImmigration
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Indian economic czars in US to woo investors at 38th USIBC leadership summit

Washington, July 10 -- With the Indian rupee in the doldrums, three top government leaders in charge of the Indian economy are converging on Washington to woo American investors by telling them that India is still a success story with tremendous opportunities.

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07/10/13
HeadlinesIndian AmericanDaily UpdateLivingMoneyMatters
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