Mumbai: The Indian banking sector, including NBFCs (non-banking financial companies), 'continues to be resilient (and) strong', Reserve Bank of India governor Shaktikanta Das said in an apparent reference to concerns over lenders' exposure to the embattled Adani Group. After Das unveiled the central bank's monetary policy recommendations - including a repo rate hike of 25...
Mumbai: With core inflation not subdued, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) increased the repo rate by 25 basis points (bps) to 6.5 per cent as per the general expectation of experts. As a matter of fact, RBI Governor Shaktikanta Das, announcing the upward revision in the repo rate, said the...
Los Angeles: Hollywood recently witnessed a first and one-of-a-kind event at the Arth Bar & Kitchen in Culver City. Called CINEMA & SANITY, the evening was a showcase put on by actor Prashantt Guptha along with friend and fellow Bollywood actress Kashmera Shah to create awareness about mental well-being in the field of arts...
New York: A second-year Indian-American student at Harvard Law School has been elected president of the prestigious Harvard Law Review, becoming the first woman from the community to be named to the position in the prestigious publication’s 136-year history. A report in The Harvard Crimson said on Monday that Apsara Iyer was elected the 137th...
National Council of Asian Pacific Americans (NCAPA) released the following press statement on the State of the Union address by President Joe Biden: As we reflect on the last two years of the Biden-Harris Administration, two truths stand out. First, we have made remarkable progress in recovering from a pandemic that brought with it...
NYC Health + Hospitals and MetroPlusHealth on February 7, 2023, announced they will offer free, in-person and virtual tax preparation to eligible patients and members of the community as part of the Department of Consumer and Worker Protection’s (DCWP) NYC Free Tax Prep initiative and in partnership with BronxWorks, Grow Brooklyn, Urban Upbound, and Code for...
The American Immigration Council released new research, The Growing Demand for Healthcare Workers, which underscores the crucial role immigrants play in some of the state’s fastest-growing and most in-demand healthcare fields. “Communities across these 13 states, and the nation, have faced dire healthcare worker shortages for years, a challenge that has only been exacerbated by the COVID-19 pandemic. Many...
Washington, DC: Ro Khanna, an Indian American Democratic lawmaker, and Mike Waltz, his Republican House colleague, have been selected as co-chairmen of the Congressional Caucus on India and Indian Americans in the 118th Congress. The India Caucus, a bipartisan coalition of lawmakers in the House of Representatives, is the largest country-specific group of its kind...
New York: The parents of a student from Telangana, who died of a gunshot in the US, have requested the government’s help in bringing the body back home. Akhil Sai Mahankali, 25, from Madhira town in Khammam district, died of bullet injuries in the state of Alabama on Monday, and an Indian national was arrested and...
