Israel-Hamas ceasefire in Gaza comes as a relief for NRIs thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
NRIs’ property buying props up south Indian markets
May 14, 2021
Largest investment comes from the Gulf, followed by the US, and Singapore
During these uncertain times, non-resident Indians (NRIs) have realised the essence of having a house in their home country to settle in the future this has led to major home-buying in the southern markets in Karnataka, Tamil Nadu, and Kerala.
“These NRI investments are a common aspect of the Indian economy. NRIs usually buy property in the country for both lucrative and sentimental options. Also, with the primary motive to either invest or use it for rental purposes,” said Reeza Sebastian, President – Residential, Embassy Group.
Many multinational employees are stuck in India as several countries are not allowing Indians to fly back. In other cases, some NRIs want to stay with their families in India at a time when the Covid situation is getting worse.
Synopsis Unlike the first wave of COVID pandemic, this time both urban as well as rural areas have been severely affected. With a low vaccination rate and mass scale COVID positivity, India is fighting a colossal health & financial emergency with a creaking medical infrastructure & insufficient equipment. Whether you have elderly parents or a family of dependents in India, as an NRI you want to ensure timely medical support & care in case of COVID affliction.
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Indian-American diaspora hold rallies against post-poll violence in West Bengal
SECTIONS
Last Updated: May 10, 2021, 11:55 AM IST
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Synopsis
Several incidents of violence were reported in West Bengal after the announcement of assembly poll results on May 2. The BJP has alleged that its several workers were killed and many were injured by the Trinamool Congress (TMC) in the aftermath of the elections.
The TMC has claimed that its three supporters have been killed in violent incidents.
Non-resident Indians, including the Bengali diaspora, have staged protests in more than 30 American cities, condemning the post-poll result violence in West Bengal.
Several incidents of violence were reported in West Bengal after the announcement of assembly poll results on May 2. The BJP has alleged that its several workers were killed and many were injured by the Trinamool Congress (TMC) in the aftermath of the elections.