logo
India opens new consular application centre in Dallas to serve growing diaspora

India opens new consular application centre in Dallas to serve growing diaspora

News18a day ago
Houston, Aug 2 (PTI) The Consulate General of India in Houston has announced the launch of a new Indian Consular Application Centre (ICAC) in Dallas, Texas, bringing essential consular services closer to thousands of Indian-origin residents in the Dallas-Fort Worth region.
The new centre, located at 8360 Lyndon B Johnson Freeway, Suite A-230, was virtually inaugurated by India's Ambassador to the United States Vinay Kwatra. The Dallas ceremony was led by Consul General D C Manjunath, who was joined by local elected officials and Indian-American community members.
The Dallas ICAC is among nine such centres being opened across the United States to enhance accessibility to consular services. Other locations include Boston, Columbus, Detroit, Edison, Orlando, Raleigh, San Jose and an upcoming centre in Los Angeles.
'The launch of these new consular application centres across the US is part of our mission to serve the Indian diaspora more effectively by bringing services closer to their homes," Ambassador Kwatra said during the virtual inauguration. 'We remain committed to strengthening the ties between India and its global community." Consul General D C Manjunath said, 'Dallas has a large and dynamic Indian community. Opening this ICAC means residents can now access vital consular services quickly without travelling to Houston. It's truly bringing the Consulate to your doorstep." Local elected officials also welcomed the move. Texas State Representative Vikki Goodwin commented, 'This new consular centre is an important resource for our Indian-American neighbours, making government services more accessible and convenient." Dallas Indian Association president Rajesh Mehta said, 'The ICAC is a game changer for Dallas-area residents. It shows India's dedication to its diaspora and makes a real difference in people's lives." The centre offers services including passport, visa, Overseas Citizen of India (OCI) applications, power of attorney, birth and marriage certificates, attestations, police clearance certificates for foreign nationals, No Obligation to Return to India (NORI), and life certificates, among others.
The Dallas ICAC is open Monday through Saturday. PTI SHK AMJ AMJ
view comments
First Published:
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US tariff worries weigh on rupee; RBI rate decision in focus
US tariff worries weigh on rupee; RBI rate decision in focus

Economic Times

time14 minutes ago

  • Economic Times

US tariff worries weigh on rupee; RBI rate decision in focus

The rupee is likely to stay under pressure this week as concerns over steep U.S. tariffs on Indian exports linger, while the Reserve Bank of India's upcoming policy decision also looms large over the currency and government bonds. ADVERTISEMENT The rupee closed at 87.54 against the U.S. dollar on Friday, down 1.2% for the week, pressured by persistent foreign portfolio outflows and a 25% levy on Indian exports. While the local unit is hovering near its weakest level since February, fresh tariff announcements on dozens of U.S. trading partners also pushed other Asian currencies to multi-month lows. The dollar index, meanwhile, posted its best weekly gain since 2022 as expectations of a U.S. rate cut in September faded. The odds of a reduction in September rose to 80% after data released on Friday showed that the U.S. economy added fewer jobs than expected, while the unemployment rate rose to 4.2%. Meanwhile, the maturity of a $5 billion dollar-rupee buy/sell swap conducted by the RBI earlier this year will be in focus on Monday. ADVERTISEMENT "It would be prudent to break the swap into delivery and rollover. The rupee has probably seen its worst for this quarter and some support will bring it to a desirable level, while not disturbing liquidity, said Alok Singh, group head of treasury at CSB Bank. Traders expect the rupee to trade between 87.00 and 87.80 this week and reckon that the central bank may continue to intervene to limit excessive volatility. ADVERTISEMENT Meanwhile, India's 10-year benchmark 6.33% 2035 bond yield , settled at 6.3680% last week, up 2 basis points (bps). Traders anticipate the yield will remain in the 6.33%-6.38% band till the RBI's policy decision on Wednesday. The range could be tested on either side, depending on policymakers' decision and guidance. ADVERTISEMENT Although some market participants expect a rate cut, a majority of economists polled by Reuters believe RBI will hold rates steady this time. "While it is a close call, our bias remains for a 25 bps rate cut at the August meeting," Citi said. ADVERTISEMENT A drop in India's retail inflation to a more-than-six-year low in June, coupled with expectations that it may slip to a record low in July, have heightened hopes of a rate cut. However, RBI Governor Sanjay Malhotra last month said that the bar for further easing is now higher than it would have been if the stance was still "accommodative". The central bank slashed rates by a steeper-than-expected 50 bps in June and shifted its policy stance to "neutral" from "accommodative". "As the RBI awaits the impact of the large easing it has already done, we believe it will stay put on repo rate changes on 6 August," HSBC said in a note. Key Factors: India ** July HSBC services PMI and composite PMI - August 5, Tuesday (10:30 a.m.) ** Reserve Bank of India's monetary policy decision - August 6, Wednesday (10:00 a.m.)(Reuters poll - no change) U.S. ** June factory orders - August 4, Monday (7:30 p.m. IST) ** June international trade - August 5, Tuesday (6:00 p.m. IST) ** July S&P Global composite PMI final - August 5, Tuesday (7:15 p.m. IST) ** July S&P Global services PMI final - August 5, Tuesday (7:15 p.m. IST) ** July ISM non-manufacturing PMI - August 5, Tuesday (7:30 p.m. IST) ** Initial weekly jobless claims for week to July 28 - August 7, Thursday (6:00 p.m. IST). (You can now subscribe to our ETMarkets WhatsApp channel)

Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 4
Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 4

Mint

time14 minutes ago

  • Mint

Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 4

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note on Monday, tracking mixed global market cues. The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,675 level, a premium of nearly 48 points from the Nifty futures' previous close. On Friday, the domestic equity market ended sharply lower, with the benchmark Nifty 50 closing below 24,600 level. The Sensex dropped 585.67 points, or 0.72%, to close at 80,599.91, while the Nifty 50 settled 203.00 points, or 0.82%, lower at 24,565.35. Here's what to expect from Sensex, Nifty 50 and Bank Nifty today: Sensex dropped 1.08% last week, marking its fifth consecutive weekly decline, and has been facing immediate resistance between 81,500 and 81,700 — a region that previously acted as support. 'A sustained move above this zone is required to shift momentum back in favour of the bulls, potentially paving the way for a move toward 82,200. On the downside, support lies at the 80,000 - 79,800 zone. A breach below this level may trigger further selling, dragging Sensex toward 79,200 – 79,000 in the near term,' said Mayank Jain, Market Analyst, Nifty 50 index formed a High Wave candlestick pattern on the daily timeframe on August 1, indicating a sense of indecision in the market. Meanwhile, the index formed an Inverted Hammer candlestick pattern on the weekly timeframe, which suggests a chance of reversal. 'A long negative candle was formed on the daily chart on Friday at the new swing lows beside the long bull candle of previous session. Technically, this market action is suggesting inherent weakness in the market to sustain the bounces. Nifty 50 is currently placed near the crucial support of around 24,500 levels (multiple swing lows of May-June 25), but the sustainable recovery has not emerged from near the support so far. The bearish lower highs and lower lows pattern is intact on the daily chart,' said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Nifty 50, on the weekly chart, formed a reasonable negative candle, which is for the fifth consecutive bearish candle formation on the trot. The previous sharp upside breakout of larger range movement of last month has been completely negated and the market slipped below the immediate support zone of 24,600 mark, Shetti added. According to him, the underlying trend of Nifty 50 remains weak, and a decisive move below the support of 24,500, Nifty 50 could slide down towards the next lower area of 24,100 - 24,000 levels in the near term. Immediate resistance is placed at 24,950 levels. Mayank Jain noted that the key resistance for Nifty 50 is now positioned in the 24,800 – 25,000 zone. 'This level has repeatedly capped upside attempts, and a clear breakout will be needed to restore bullish confidence and aim for the 25,200 – 25,350 zone. On the lower end, the index has near-term support at 24,400 – 24,200. A decisive break below this range may accelerate downside momentum toward the 24,000 level,' Jain said. Dr. Praveen Dwarakanath, Vice President of said that the Nifty 50 formed a Head and Shoulder pattern on the daily chart with the neckline placed at the 24,500 level. 'The support for Nifty 50 is also at the 24,500 levels, a break of which can take the index to the 24,000 levels soon. The momentum indicators are showing weakness in the index, suggesting a fall at least till the support level in the coming days. The Options writer's data shows increased call writing for the present weekly expiry, indicating weakness in the index. The global cues also indicates weakness to continue in the index,' said Dwarakanath. VLA Ambala, Co-Founder of Stock Market Today recommends market participants to continue their 'sell-on-rise' strategy until the Nifty 50 index tests its support range between 24,000 and 24,150. 'They may plan breakout trades above 24,850, as this level is an important resistance point for the Nifty 50 index. We can expect Nifty 50 to gather support between 24,530 and 24,400 and meet resistance near 24,820 and 24,950 in today's trading session,' Ambala said. Bank Nifty ended 344.35 points, or 0.62%, lower at 55,617.60 on Friday, forming another red candle on the daily chart, reflecting continued pressure near the 56,000 mark — a level that earlier acted as a cushion. 'Bank Nifty index is trading below both its 20-day and 50-day exponential moving averages, with both averages exhibiting a downward slope — a sign of prevailing weakness. Additionally, the daily RSI has slipped below the 40 mark and continues to trend lower, reflecting fading momentum and increasing bearish pressure. The daily MACD stays bearish as it is quoting below its zero line and signal line. The MACD histogram is suggesting a pickup in downside momentum,' said Sudeep Shah, Head - Technical and Derivatives Research, SBI Securities. Going ahead, he believes the zone of 55,200 - 55,100 will act as important support for the Bank Nifty index. If the index slips below the 55,100 level, then the next crucial support is placed at the 54,600 level. On the upside, the zone of 56,300 - 56,400 will act as an immediate hurdle for the index. Om Mehra, Technical Research Analyst, SAMCO Securities highlighted that both the 20-day and 50-day SMAs remain breached, confirming the short-term downtrend. The RSI has declined further to 39, maintaining a consistent downward slope in the near term. 'The next support for Bank Nifty lies at 55,150 – 55,000, a zone that held well during the mid-June consolidation phase. A decisive breakdown below this zone may invite further decline. The immediate resistance has shifted to 56,000, followed by 56,200. A close above these levels will be essential to neutralize the ongoing weakness. The intraday sessions may become more volatile in the coming days,' Mehra said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Indian stock market: 10 things that changed for market over weekend - Gift Nifty, US jobs data, gold prices to crude oil
Indian stock market: 10 things that changed for market over weekend - Gift Nifty, US jobs data, gold prices to crude oil

Mint

time14 minutes ago

  • Mint

Indian stock market: 10 things that changed for market over weekend - Gift Nifty, US jobs data, gold prices to crude oil

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Monday, following cautiousness amid weak global market cues. Asian markets traded mixed on Monday, while the US stock market ended lower on Friday, with the S&P suffering its biggest daily percentage decline in more than two months. This week, investors will watch out for key stock market triggers, including the Reserve Bank of India (RBI) monetary policy meeting, developments in India-US trade deal, Q1 results, IPO activity, flow of foreign funds, trends in gold prices and crude oil prices. On Friday, the Indian stock market ended lower amid broad-based selling on the first day of the August derivatives series on concerns over US tariffs. The Sensex declined 585.67 points, or 0.72%, to close at 80,599.91, while the Nifty 50 settled 203.00 points, or 0.82%, lower at 24,565.35. 'Markets continue to grapple with a mixed earnings season, while the recent tariff announcement and persistent foreign fund outflows are further weighing on sentiment. We maintain our cautious stance and continue to recommend a hedged approach with a negative bias until clear signs of reversal emerge,' said Ajit Mishra – SVP, Research, Religare Broking Ltd. Here are key global market cues for Sensex today: Asian markets traded mixed on Monday, following a Wall Street slump last week, after the US tariffs and jobs report. Japan's Nikkei 225 tanked 2.10%, while the Topix index dropped 1.86%. South Korea's Kospi index rose 0.31%, while the Kosdaq gained 0.53%. Hong Kong's Hang Seng index futures indicated a weaker opening. Gift Nifty was trading around 24,686 level, a premium of nearly 58 points from the Nifty futures' previous close, indicating a positive start for the Indian stock market indices. US stock market ended lower on Friday after new US tariffs on dozens of trading partners and weak jobs report spurred selling pressure. The Dow Jones Industrial Average declined 542.40 points, or 1.23%, to 43,588.58, while the S&P 500 dropped 101.38 points, or 1.60%, to 6,238.01. The Nasdaq Composite closed 472.32 points, or 2.24%, lower at 20,650.13. For the week, the S&P 500 fell 2.36%, the Nasdaq declined 2.17%, and the Dow fell 2.92%. Apple share price fell 2.5%, Amazon shares tumbled 8.3%, Tesla stock price declined 1.83%, Nvidia share price dropped 2.33%, and Microsoft shares fell 1.76%. US nonfarm payrolls increased by 73,000 jobs last month after rising by a downwardly revised 14,000 in June, the fewest in nearly five years. Economists polled by Reuters had forecast payrolls would increase by 110,000 jobs after rising by a previously reported 147,000 in June. US employment growth slowed more than expected in July. The Labor Department's closely watched employment report showed the unemployment rate rose to 4.2% last month amid a decline in the volatile household employment segment. Gross GST collection increased 7.5% to about ₹ 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Gross GST mop-up was ₹ 1.82 lakh crore in July 2024. Last month, the collection was ₹ 1.84 lakh crore. OPEC agreed to raise oil production by 547,000 barrels per day for September. The move marks a full and early reversal of OPEC's largest tranche of output cuts plus a separate increase in output for the United Arab Emirates amounting to about 2.5 million bpd, or about 2.4% of world demand. The US dollar edged marginally higher after a dismal US jobs report. The dollar edged up 0.2% to 98.86 against a basket of currencies, after sliding more than 1% on Friday, Reuters reported. The greenback was last trading 0.14% higher at 147.60 yen. The euro fell 0.2% to $1.1560, while sterling eased 0.1% to $1.3263. The two-year Treasury yield fell to a three-month low of 3.6590% as traders heavily scaled up bets of an interest rate cut by the US Federal Reserve in September, while the benchmark 10-year yield languished near a one-month low at 4.2060%. Gold prices fell on profit booking after a sharp rise in the previous session. Spot gold price declined 0.3% to $3,351.80 per ounce. Bullion had risen more than 2% on Friday. US gold futures gained 0.2% to $3,404.80. Crude oil prices slipped after OPEC agreed to another large production hike in September. Brent crude futures fell 0.42% to $69.38 a barrel, while US West Texas Intermediate crude was down 0.39% to $67.07 a barrel, after both contracts closed about $2 a barrel lower on Friday. (With inputs from Reuters) Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store