Desi Express Newspaper May 2016

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Work and home competing for my attention have made it a humdinger of a week. Both have had niggling issues.

NRIS TURN TO STARTUP EXPERTISE FOR THEIR REAL ESTATE INVESTMENTS

HYDERABAD: Startups in the home aggregator and rental space say a growing number of non-resident Indians are seeking their expertise to manage their real estate properties in India, marking a shift from the general practice of entrusting the task with traditional brokers. India has an estimated 4 million

unattendedproperties listed in the name of NRIs. Startups like NestAway, Grabhouse and No broker cited higher rentals, home insurance and assurance of better management of property as some of the reasons for the increasing footfalls. "As home rental startups generally deliver 20-50% higher returns compared to returns they were receiving from the conventional brokers in the market, the NRIs find us attractive," said Amarendra Sahu, cofounder of NestAway, a Bengaluru-based home aggregator backed by Ratan Tata.

The scorching heat and humidity is not just plain annoying but is bound to get you down. Heat can leave you feeling low in energy.

INDIA WAS WORLD'S LARGEST REMITTANCE RECIPIENT IN 2015

WASHINGTON: India was the world's largest remittance recipient in 2015 despite experiencing a USD 1 billion drop from the previous year, the first decline in its remittances since 2009, the World Bank said today. India retained its top spot in 2015, attracting about USD 69 billion in remittances, down from USD 70 billion in 2014, the World Bank

said in its annual report 'Migration and Development Brief'. "Remittances are an important and fairly stable source of income for millions of families and of foreign exchange to many developing countries, However, if remittances continue to slow, and as in the case of Central Asian countries, poor families in many parts of the world would face serious challenges including nutrition, access to health care and education." said Augusto Lopez-Claros, Director of the World Bank's Global Indicators Group.

WORLD EQUALITY DAY United Nations (IANS), As the UN celebrated B.R. Ambedkar’s 125th birth anniversary by examining the relevance of his legacy to its global development goals, the world body heard a Plea to declare April 14, the birthday of the crusader against discrimination, as “International Equality Day”. “I believe Baba Saheb’s lifelong struggle for equality was not only for the people o f India but for people around the globe,” Punjab Assembly Speaker Charnjit Singh Atwal said at the Ambedkar Jayanti celebration. Therefore, as his “true tribute and honor”, he said that April 14 May be declared the “International Equality Day” by the UN.

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Atlanta’s beloved friend and iconic community leader Dr. L.S. Narasimhan (Narsi), CEO, Paalam, Inc. and Founder of IPN passed away on Friday, April 29, 2016.

Ek Shaam Ekal Ke Naam

A SOLD OUT SHOW BY EKAL VIDYALAYA

Atlanta was in for yet another music treat when Rajdeep Chatterjee and Group performed at Impact Banquet Hall, Global Mall on Sunday, 3rd April. The Group is on a US tour to help Ekal Vidyalaya Foundation of America’s 2016 Annual Fundraiser to help eradicate illiteracy, educate and empower rural and tribal India through Ekal’s one-teacher schools. They performed a splendid and enthralling concert to regale a jam-packed hall of over 500 music-lovers of Atlanta. The lamp-lighting was done by luminaries of the Atlanta community: Mr. R. Srinivasan and Mr. DV Singh, representing Consulate General of India in Atlanta, Mr. Harsha Agadi, Chairman of Crawford companies, Smt. Kusum Khurana, President of VHPA and Treasurer of Atlanta Hindu Society, assisted by Ekal’s Atlanta Chapter President, Sh. Shiv Aggarwal and Vice President, Rina Gupta. Starting the event with Holi flair, all guests entered the hall which was fragrant with fresh flowers and incense and were welcomed with a gulaal teeka. Sipping a delectable “Thandai” prepared by VHPA volunteers, and later enjoying a delicious full-course dinner served by Ashiana, the guests mixed and mingled for an hour before the show, which promptly started at 7pm. Ekal’s Regional Administrator, Ajay Upadhyaya’s cheerful welcome was in his signature style through a few lines of the song, “Hume tumse pyaar kitna” implying how much the Ekal school children love their supporters. — Contd. on Page 06

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