Financial Planner Pankaaj Maalde suggests that Sharma build an emergency fund of Rs 5.1 lakh, which is equal to six months’ expenses, and a medical buffer of Rs 10 lakh for his mother. Here's what his financial goals include.

We can do a lot without spending money, and money well spent can do a lot. Let your money help you and those around you live better. Rather than lying meaninglessly in expired bonds, unaccessed PPF accounts, unused vases and unworn dresses.

Back home, the workers are looking to start afresh. Their best bet seems to be rehabilitation packages.

In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year Mumbai was ranked 114th on the list.

Asked whether Indians are being targeted abroad, Overseas Indian Affairs Minister Vayalar Ravi said, "One cannot make such a general statement."

The number of Indians who left during the grace period till October-end is 1,34,281, the Indian Embassy here said in a statement.

All passengers coming to India will have to fill in a new detailed customs form on their arrival from tomorrow.

High costs, poor job prospects and wrangles over work permits are persuading a host of Indian students with foreign degrees to return home.

There were about 10,000 Indians before the start of the serious strife between government troops and Sunni militants backed by al Qaeda in Iraq.

The minister said the government has already set up an Indian Workers Resource Centre in Dubai and will set up two more in Saudi Arabia and Malaysia.

South Sudan's capital is witnessing heavy fighting due to clashes between former rebels and government soldiers in several parts of the city.

V K Singh said presently, a section of Indian workers facing difficulties in two major Saudi companies -- Saudi Oger and the Saad Group -- are being brought back to India.

Around 1,500 blue collar workers from Tamil Nadu are among those who are using the amnesty to come back to the country.

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month.

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by 15 bps to 7.15 per cent from 7.30 per cent and one-month MCLR by 10 bps to 7.25 per cent.

It’s incumbent upon every married woman to quickly bear a son.… She could be dismissed as a dokhtar zai, or ‘she who only brings daughters’.

A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic.

In official emails to permanent residents who have enquired about the availability of these flights, the high commission has indicated that at this point, the flights are available only to Canadian citizens and their immediate family members who are permanent residents and accompanying them on the flights.

Khanna, 43, is the only Indian-American lawmaker to be named to the White House's Opening Up America Again Congressional Group which comprises Congressmen from both the Republican and the Democratic parties.

Indian-American Dr Madhvi Aya, who contracted the coronavirus in the line of duty in New York, the country's COVID-19 epicentre, could only exchange text messages with her husband and daughter from her hospital bed before she lost the battle to the deadly virus.

Trump's plan to temporarily suspend immigration in view of the Covid-19 pandemic and to protect American jobs, has shocked Indian IT companies and technology professionals. As they anxiously await how the restrictions will pan out, New York-based immigration lawyer Cyrus D Mehta explained its likely impact.

Figures released this week by the National Health Service England show that of the 13,918 patients who died in hospitals till April 17 after testing positive for the novel coronavirus, 16.2 per cent were of black, Asian and minority ethnic (BAME) background and those identifying with Indian ethnicity made up 3 per cent of that.

Seema Nanda has announced her decision to step down as the CEO of the Democratic National Committee, the top administrative position in the main Opposition party, ahead of the presidential elections in November.

Renu Khator, an Indian-American university chancellor, has been elected to the prestigious American Academy of Arts and Sciences for her contributions in the fields of education and academic leadership.

New York is the epicentre of the pandemic in the US and currently has 295,106 COVID-19 cases with over 17,000 deaths.On Tuesday, 337 people died of the disease in the state.

"Indian men are 150 per cent more likely to work in health or social care roles than their white British counterparts," according to the report.

The Indian embassy in Abu Dhabi and the Indian Consulate in Dubai started e-registrations on Wednesday night to form a database of those wanting to return to India. Over 50% of the applicants are from Kerala. Malayalees comprise more than 1 million of the 3.4 million Indians in the UAE.

Ashok Michael Pinto, who has worked as a Special Assistant and Associate Counsel to former president George W Bush, was on Monday nominated as US Alternate Executive Director of IBRD for a term of two years.

Indian-American NASA astronaut Sunita Williams has advised Indian students stranded in the US due to the coronavirus-linked global travel restrictions to use the occasion to think how they could be a productive and positive addition to the society.

The committee will consist of four Democrat and three Republican senators. Democratic senators include David Frockt, Manka Dhingra, Christine Rolfes and Rebecca Saldana and Republicans include senators Randi Becker, Tim Sheldon, while one member is yet to be named.

Minister of State for External Affairs V Muraleedharan gave data according to which as many as 13,665 complaints were received in 2019 (till October 31), while 17,379 complaints were received in 2018.

Nine Indian fishermen who were allegedly harassed and not paid by their employer in Yemen for nearly a year have escaped that country by stealing their employer's boat and sailing for Kochi, a peril-filled voyage of than 3,000 km of open sea, according to the families of two of the fishermen.

Kuwait has announced an amnesty till April 30 for those who do not have valid residency permits in the country. The initiative allows such people to leave the country without paying any fines.

"It is informed that the Embassy of India, Abu Dhabi and the Consulate General of India, Dubai, have started a database to register Indians wishing to travel back to India under COVID-19 situation. The details can be entered through the website of the Embassy by following the link 'Register in Database of Indians to Travel Back to India under COVID-19 situation'," India in Dubai tweeted.

Within minutes, the site faced technical issues, prompting the missions to delete the tweet about it and repost it hours later. In a tweet posted in the wee hours of Thursday, the Indian Consulate asked applicants "to bear with it if it takes time for the page to load due to high traffic.

The Indian nationals cleared by the UAE health authorities and found to be asymptomatic will only be allowed to fly back home in one of India's biggest ever repatriation exercises, the Indian Embassy in Abu Dhabi has said ahead of the first set of flights on Thursday.

The temporary suspension of immigration will affect those who are legally seeking entry into the United States for employment but it will not impact the ones who are already living in the country, the order said.

The Department of Homeland Security (DHS) argued that the American technology workers, who had challenged the 2015 ruling on giving work permits to H-4 visa-holders, have not been irreparably harmed by such work authorisation.

All existing visas issued to nationals of any country who have not yet entered India, will remain suspended till prohibition on international air travel of passengers from/to India is lifted. Exceptions include Visa issued to diplomats, official passport holders, those in UN/international organisations, and those on Employment and Project visas.

IT service companies and consultancies, which normally place people at third-party locations, reported higher visa denial rates than US technology firms, as has been the case over the past few quarters. Cognizant (60 per cent), Infosys (59 per cent) and Deloitte (40 per cent) had the highest number of denials in the top 25 list.

Millions of Indian workers are staring at an uncertain future as Covid shuttered businesses and crashed oil.

An NRI is spared tax on income outside India. A resident is required to pay tax on global earnings.

In order to avoid any misinterpretation, it is clarified that in case of an Indian citizen who becomes deemed resident of India under this proposed provision, income earned outside India by him shall not be taxed in India unless it is derived from an Indian business or profession.

The headcount has now come down from more than 1,000 employees a year ago, with the majority of job cuts in the wake of Covid-19 outbreak that forced shutdowns in the February-April period. The headcount comprises staff on the company’s rolls as well as those on contract and outsourced manpower.

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