Money transfers to India bank accounts within four hours
SAN FRANCISCO, CA, July 30, 2013 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has announced that NRIs (Non-Resident Indians) can now use Xoom’s money transfer service to send bank deposits directly to their NRE (Non-Resident External) and NRO (Non-Resident Ordinary) bank accounts in India.
NRIs can now send bank deposits within four hours to recipients with NRE/NRO accounts, with great locked-in exchange rates.
“In a continued effort to provide superior services to our customers, Xoom now introduces bank deposits to NRE/NRO accounts, giving NRIs every reason to use Xoom,” said Julian King, Senior Vice President of Marketing and Corporate Development for Xoom. “Plus, with our new App for Android and iOS devices, Xoom is committed to making money transfers easy and trustworthy for everyone.”
“Xoom takes care of all your money transfer needs,” said India’s biggest superstar and Xoom brand ambassador Amitabh Bachchan. “No one gets your bank deposits to India faster than Xoom.com, and now to NRE and NRO accounts too!”
Bank deposits are processed in India through Xoom’s partner Punjab National Bank. “We are pleased to partner with Xoom to provide NRIs a fast and easy way to send bank deposits to their NRE and NRO accounts,” said Mr. Thyagarajan, GM IBD Punjab National Bank.
With Xoom, customers can send money to all Rupee-denominated bank accounts in India, including NRE/NRO accounts within four hours, when sent during India bank processing hours. Service is available to all major banks in India including Punjab National Bank, ICICI, HDFC, SBI, Axis Bank, Citibank and many more. Customers can send up to $2,999 per transaction.
Indian bank processing hours are generally Monday through Friday, 9:00 A.M. – 4:00 P.M. (India Standard Time), and Saturday, 9:00 A.M. to noon (India Standard Time). Individual bank branch operating and processing hours may vary. Customers can visit Xoom.com/India for more information.
Xoom is a digital money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using a smartphone, tablet or computer. During the 12 month period ended June 30, 2013, Xoom’s more than 915,000 active customers sent more than $4.3 billion to family and friends in 30 countries. The company is headquartered in San Francisco and can be found online at Xoom.com.
The first three One Day Internationals are in the books for India's tour of Zimbabwe, and the cricket powerhouse took charge to take the third-straight meeting, as well as the series win.
India was able to hold Zimbabwe to a 183 through 46 overs, giving the side a relatively easy opportunity to take the ODI, as well as the series. India hit 187/3 through 35.3 overs, successfully closing out the tour title.
Just because India won the series doesn't mean there is no more cricket to be had between the two nations. With Harare in the books, India travels to Queens Sports Club in Bulawayo for the fourth ODI on Thursday, August 1. The match begins at 3 a.m. EDT, as does the final ODI on Saturday August, 3.
Want to see all of the action? Now you can! All you need to do is make a transfer of $150 or more at Xoom.com. This way, you can experience all of the great action, as this will give you a free subscription to Willow.tv. You may want to hurry, as you won't want to miss another second of the tour!
India will face Zimbabwe during a series of One Day Internationals in the next couple of weeks, with the cricketing giant heading to Africa for the tour.
The first three ODIs between the two nations will take place at the Harare Sports Club, while the fourth and fifth ODI will be at Queens Sports Club in Bulawayo. The tour kicks off on Wednesday, July 24, at 3 a.m. EDT, and the two sides will reconvene on Friday, July 26, at 3 a.m. EDT. The final Harare match will be Sunday, July 28, at 3 a.m. EDT.
For the matches in Bulawayo, the fourth ODI will be on August 1, at 3 a.m. EDT, while the final meeting will be Saturday, August 3, at 3 a.m. EDT.
Whether you love watching India, you consider yourself a Zimbabwe supporter or just love watching cricket in all of its forms, it could be a good idea to be glued to this exciting fixture. Luckily, it is now possible. If you make a transfer of $150 at Xoom, you will also be provided with a free subscription to Willow.tv at no additional charge. But hurry! You don't want to miss any of the action!
Amitabh Bachchan is a busy man. There is no denying it, as the famous actor has been in countless films and made numerous public appearances, and he has also added charity to his resume. Many people send money to family and loved ones in India and other countries, and the story of Bachchan's charities can be inspirational.
No stranger to helping others, Bachchan usually believes in true, anonymous charity – but he occasionally breaks his silence and lets the public in on his giving. Bachchan donated 25 lakh for the Plan India charity, designed to help children. In his case, the donation was for a young girl.
"Normally do not announce charity, but this issue was important keeping recent happenings against women," Bachchan tweeted in February 2013, according to the Hindustan Times.
More recently, the actor also used his twitter account to do some more good. A call-to-action tweet for all animal-lovers was sent out near the end of June, when Indian working elephant Biljee collapsed on the streets of a Mumbai suburb. Only several charitable organizations, notably Animals Matter to Me and Wildlife SOS, and a few well-intentioned citizens responded to the elephant's needs. The slow public response didn't sit well with Bachchan, and he donated to the cause, and sent out a string of tweets, which helped launch a campaign to save the animal's life.
Biljee, and the Indian working elephant
There is a long history in India of the working elephant. Aside from animals found in the wild, India is home to a large population of domesticated elephants. The creature is revered in the country due to a cultural and religious significance, and many people have tailored the elephant's skills and appeal to other means.
Biljee was one of many begging elephants. Owners use their elephant's cultural and religious significance to raise money from the public, and begging elephants are a common sight in city streets.
The elephant Bachchan took an interest in was a 54-year-old female, and on June 12 she collapsed on the side of a street. Her condition worsened, and she died a few weeks later while in the care of several Wildlife SOS veterinarians, according to National Geographic. When the elephant first began experiencing health problems, it was Bachchan's tweet that drastically increased public awareness. He was later praised by the members of Wildlife SOS, for his help in the attempt to save Biljee's life. The charity credited the actor for providing the support needed to give extended care to the working elephant.
The two veterinarians sent to help Biljee, Dr. Yaduraj and Dr. Ajay, were attempting to save her for several weeks, but ultimately were not successful. Dr. Yaduraj was working with bears and elephants from a Wildlife SOS facility, according to Kartick Satyanarayan, the CEO of the charity. All those involved where extremely worried about the elephant's health, and blamed the conditions and previous treatment as major causes.
"Her condition remained critical and her prognosis was not good," said Yaduraj. "Long term and continuous neglect and abuse by her owner has had a profoundly negative impact on her health."
Wildlife SOS and Bachchan's support
Wildlife SOS was founded in 1995, and it is known for mostly ending the practice of street dancing bears, according to National Geographic. It also has a large Elephant Intensive Care facility, and it has treated many other working elephants in the past.
The charity received much support from Bachchan when it began working with Biljee. It is a great cause to look into for people who send money to loved ones. Wildlife SOS supports many causes related to India's animals, like tigers and bears, in addition to the elephant.
"Both captive and wild Asian elephants are in trouble, in fact they are endangered," said Satyanarayan. "Hundreds of working elephants succumb to abuse and neglect by private owners everyday."
Those abuses don't sit well with Bachchan, and he believes that they shouldn't with everyone else, either.
India is rich with history and culture, and it all comes down to being able to find and appreciate it. There are many great ways to view Indian art. Museums feature great exhibits regularly, and new and exciting artifacts are being found all across the country.
Museums are full of history
The National Museum of India, located in New Delhi, can be a great way to learn and see pieces of India's heritage up close and personal. Many people send money back home, and the loved ones on the receiving end could spend a relaxing day surrounded by history and culture. The museum changes their exhibits regularly, and many great examples from India's past make their way through the halls. These pieces shouldn't be missed, since they provide an in-depth look into the past, something that isn't always available.
Recently, the National Museum's gallery of decorative arts re-opened, according to the Times of India. Closed for seven years, the renovations for this area have finally been completed, and the public can now enter and view many great historical elements of India's art.
"The gallery will display a fascinating array of objects of daily, ceremonial and religious use, made of a variety of materials such as ivory, ceramic and jade," said Dr. V. Venu, the National Museum's director-general. "The ceramics group, which comprises glazed tiles, blue-white pottery and celadon items, is being displayed for the first time."
Two major themes are focused on within the gallery. Leisure and games, as well as the evolution of the throne – a profile of the seats used by Indian royalty over the years. It is being referred to as the throne story, and Venu added that the story of how each throne has changed is fascinating. There are simple seats, low and flat from many years ago, and extremely intricate thrones and modern armchairs. Also included are metal pitkas, designed for seating idols within home shrines.
"There are the painted-fabric gyan chaupar, a silver tray depicting a Kaurava court scene, a five-foot elephant tusk carved with the life story of Lord Buddha, a jade surahi, armrest, chauri, hookah inscribed with the name of Mughal emperor Jahangir and blue and white ceramic ware," said Venu. "They help us appreciate the esthetics prevalent in the 18 and 19 centuries."
The leisure and games section will feature traditional activities from India, such as items used by dancers and musicians, yo-yos, gyan chaupar, and various tops made from many different materials. In all, the historical artifacts located in the gallery of decorative arts will cover artifacts dating back to the early 1700's. Open from 10 am to 5 pm, except Mondays and holidays, those who send money back to India might want to recommend a quick trip over to the National Museum in New Delhi.
Great art can be found outside
Spending a day inside a museum isn't the only way to view wonderful, culturally significant Indian art. According to a separate Times of India article, a rock wall covered in 3,000 year old art was recently discovered in the Suarlot hills in Korba district of Chhattisgarh.
Found by archeologist Hari Singh Chhatri, the art depicts humans, mermaids, goats, and a geometrical pattern referred to as a viman, or an airplane, the source stated.
"The rock art is still safe as it is located in dense forests," said Chhatri. "I have found pictures of a male and a female with a specific difference in their height; this could be of Lord Ram and Sita."
The archeologist added that the location, near Shivrinarayan and Kharoud, might have been one of the possible locations visited by Lord Ram during his exile. This connection might explain the rock art, according to the article.
When searching for great art and culture in India, there are many places to go. Be it a museum or rock art, one doesn't have far to look.
In the past, many Indian residents sent telegrams to keep in touch with one another. However, the introduction of various new technologies has significantly impacted numerous Indian residents and those who live outside the country and send money back home.
According to The Independent, Indian authorities recently announced they will no longer provide a telegram service to the nation's residents. Instead, those who wish to share information with others must rely on other mediums going forward.
The history of India's telegram service
Beginning in 1850, the first telegraph line was laid down in India. Since that time, the Indian telegraph service has played a pivotal role in the country's history.
For example, the news source notes that Jawaharlal Nehru, India's first prime minister, sent a telegram to British leader Clement Attlee in October 1947, requesting help from English forces after an invasion of Kashmir. Meanwhile, numerous Indian officials anticipate the telegram service stoppage could affect the nation's economy in several ways.
Telegraph offices once had many employees who dispatched messages to recipients' homes. The internet and various mobile devices, however, have led to a reduction in the number of Indian messengers over the years.
Rising smartphone use in India
Intex Technologies is one of several businesses that is contributing to the increased use of mobile devices by Indian residents. The Times of India notes that this company intends to release 20 new smartphones over a three-month span, and these gadgets may have long-lasting effects on various Indian citizens.
"Smartphone penetration is growing and is encouraging for handset companies like us to innovate and bring offerings that combine [the] latest technologies and features at affordable prices," Intex general manager Sanjay Kumar Kalirona told the news source.
Additionally, the business professionals at Intex have already set lofty goals for their smartphone sales. In the next few months, this company hopes to sell at least 2 million of its Aqua smartphones.
World-class mobile devices are likely to help the Indian economy in numerous ways. Electronics retailers around the nation could profit by supplying quality gadgets to shoppers, while many residents will be able to access information on the web without delay thanks in part to these top-notch devices. New smartphones and tablets may also lead to an increase in consumer spending, which could help the Indian economy profit for an extended period of time.
Constructing a 10-story building usually requires plenty of time, but an Indian contractor recently defied the odds by erecting a structure in two days. According to The Times of India, Harpal Singh, chairman and managing director of Synergy Thrislington, completed this construction project in 48 hours, a significant feat on its own.
To finish the task, Singh said he used modules that enabled him to construct the building piece by piece. As a result, the structure now stands tall in Chandigarh, and represents just one of the Indian construction assignments that may have far-flung effects on the nation for years to come.
Construction boom on the horizon
Over the next several years, many Indian construction projects may help the nation's economy along with those who live outside of the country and send money to family members and friends back home. Architects' Journal reports that various Indian construction industry experts are predicting that numerous contracting firms could grow in the next few years. In fact, these specialists anticipate an annualized growth rate of 15.5 percent for the Indian construction sector between 2013 and 2017.
By erecting new buildings, many Indian residents could be affected. Not only will these properties host numerous businesses and citizens, but the structures may also play important roles in the nation's economic growth.
New schools and hospitals being built
A wide variety of educational opportunities could become available to Indian youths soon. The news source points out that institutional construction projects, including the development of both schools and hospitals, are expected to increase 14.9 percent annually over the next five years.
Meanwhile, students around the country may benefit if new schools open. These pupils could receive top-notch support from teachers, especially if the new institutions feature state-of-the-art learning tools.
Creating new properties could provide a vast array of employment opportunities to Indian job seekers as well. While the global economy continues to rebound from the downturn of the late 2000s, many Indian companies are investing in their operations so they can differentiate their offerings from those of rivals.
For Indian contractors to stand out from the pack, these firms could hire new team members so that various projects can be completed on time. The country's economy may respond accordingly, and the nation's profits could rise in the immediate future as new commercial and residential properties are built.
Intel is a globally recognized brand, as this company has provided state-of-the-art technology to various consumers for years. Recently, this firm unveiled a new processor to Indian residents, which could have major effects on both the nation's residents and those who send money to people back home.
The Times of India reports that Intel's fourth generation processor is now available in PCs and laptops throughout India. The new hardware is energy efficient, making it easier for laptop owners to use their devices for extended periods of time. Additionally, this processor is designed to offer improved graphics performance, which could benefit those who use their PCs and laptops to create high-quality presentations, play games or perform various other tasks.
"[Fourth] Generation Intel Core processors offer the most significant gain in battery life ever achieved by Intel, up to double the graphics and significant CPU performance improvements that will deliver an exciting user experience," Intel spokesperson Debjani Ghosh told the news source.
Technology helping Indian students
Education is key for pupils around the globe, especially for those who take classes at Indian schools. Over the next few years, however, more Indian adolescents will be able to rely on technology to accomplish their educational goals.
ZDNet notes that a new learning operating system, Touch-On-Cloud, may have far-flung effects on numerous Indian students in the near future. This user-friendly platform enables teachers to share information with pupils via PCs, laptops and tablets inside of classrooms. Meanwhile, the solution is flexible, and educators can incorporate into their daily lesson plans without delay.
"[We] knew that the education industry had access to providers of multimedia content and progressive hardware, but a flexible platform like ours was clearly novel," one of the system's developers told the news source.
By giving pupils access to first-rate digital tools, teachers throughout India can noticeably improve the learning experience. While educators will be able to share different types of presentations with pupils, these students can enjoy interactive classrooms that may allow them to benefit for years to come.
Smartphone use increasing in India
Many Indian adults and youths use smartphones to stay connected, as these gadgets often make it simple to receive news updates, keep in touch with family members and friends and much more. In fact, recent data indicates that smartphones are becoming more popular in India, which may affect residents of all ages.
According to CNET, India's smartphone sales rose 163 percent between the first quarters of 2012 and 2013. As a result, India is now the third largest smartphone market in the world, behind only the U.S. and China.
The news source states that various factors have influenced the Indian smartphone market in the past few years. New devices from brand-name technology suppliers such as Apple and Samsung have garnered attention from numerous Indian consumers. Those who are interested in top-notch gadgets commonly want the latest features, and as new devices become available, the number of Indian smartphone users may increase ever further.
Several Indian electronics stores are likely to profit as new smartphones are released, and this fact could have numerous effects on the nation's economy.
For instance, shops that develop innovative marketing plans may be able to boost their sales in short periods of time. These companies could also search for skilled professionals to assist customers, helping more Indian residents become vital contributors to the nation's economic growth.
Technology is already affecting many Indian citizens, and innovative platforms could help the country in a number of ways. As Indian officials consider strategies to help boost the country's profits, these leaders may pursue various technology investments soon.