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Jaipur to host Pravasi Bharatiya Divas 2012
Report dated 09/07/2011 @ 1:20 AM
Jaipur has begun preparations to host the 10th Pravasi Bharatiya Divas that will be held Jan 7 to 9
The event is being organised by the Ministry of Overseas Indian Affairs, the Rajasthan Foundation and the Confederation of Indian Industry and will be inaugurated by PM Manmohan Singh,
During the event Rajasthan intends to showcase its heritage, tourism, industrial potential and cultural diversity, and expects to host over 1500 delegates.
Two venues have so far been short-listed to host the conclave, these include the recently launched Marriott and the Birla Auditorium.
High end property demand starts to ebb in cities
Report dated 09/07/2011 @ 1:19 AM
Following 2 years of an almost unprecedented boom that saw developers minting profits and burgeoning investments flow into the property markets, the situation has slumped severely with rising construction costs, falling demand for high-priced properties, labour scarcity and tightening liquidity.
One expert says major cities are now seeing multi-thousand housing units lying unsold. Rows upon rows of empty apartments, unmanned cranes and silent machines bear witness to the slump.
Developers are now seeing mounting debts, outstanding bank loans and inordinate delays because of shortages of funds.
According to the World Bank the labour shortfall is serious and is attributed primarily to the national rural employment guarantee programme that is an anti-poverty scheme launched in 2005 that promises 100 days a year of employment to one member of every rural family.
In the main, the slump has taken even the professionals by surprise, but is not likely to go away for a long long while.
Government scraps university for PIOs/NRIs
Report dated 06/07/2011 @ 1:35 AM
The Manipal Academy for Higher Education (MAHE) selected by the Ministry of Overseas Affairs in 2008, to set up a university, that was meant exclusively for NRIs/PIOs has been scrapped by the Government.
The idea of the university was first mooted by PM Manmohan Singh during the Pravasi Bharatiya Divas in 2006.
It was originally planned to launch the university by 2012.
Australian hotel to apologise for evicting turbaned Sikh patron
Report dated 06/07/2011 @ 1:33 AM
The management of the Royal English Hotel, Brisbane, that is run by Spirit Hotels, confirmed that a staff member asked a turbaned Sikh patron to remove his turban citing the hotel's no headwear policy. When the man refused he was evicted.
A spokesperson for the Hotels said the request was an oversight. Although a policy exists where patrons may be asked to take off headwear to help manage security for staff and patrons, in this particular case the patron should not have been asked to take off his turban.
The Hotel confirmed it will apologise for the incident and is attempting to contact the patron to do so. Hotel staff are being re-briefed on correct procedures.
NRIs return home from debt-hit Greece
Report dated 05/07/2011 @ 0:27 AM
Some 2000 Indians working in various sectors have left Greece in recent weeks amid riots and job losses. They are among a number of south Asians who have also left the beleaguered country.
Many factory and shop workers lost their jobs, but construction workers were worst hit. Workers in the agriculture sector were less affected because most work outside the capital Athens.
Of about 30,000 Indians in Greece, only 18000 were legal immigrants.