Indian moms rank 3rd in foreign-born babies in US

October 27, 2016

Washington, Oct 27: Indian women rank third after their Mexican and Chinese peers among foreign mothers giving birth to children in the US with Asian immigrants increasingly accounting for a larger share, according to a latest study.

IndianAmong new foreign-born US mothers from the top 10 sending locations, those from India stand out for their low share of births outside marriage (one per cent), high rates of college degree attainment (87 per cent) and high annual family incomes (USD 104,500), the Pew Research Center said yesterday.

At the opposite end of the spectrum, new mothers from Honduras stand out for the high share who are unmarried (66 per cent), lack a high school diploma (51 per cent) and are living in poverty (49 per cent), it said.

"New moms from India stand out on both measures – almost nine-in-ten (87 per cent) have a bachelor's degree, and their annual median incomes top USD 100,000," said the study according to which after rising for decades, the share of US babies born to unmarried women has stabilised in recent years, driven by a sharp decline in births outside of marriage among foreign-born women, and a levelling off among US-born women.

According to the report, as per the latest statistics, in 2014 as many as 901,245 babies were born out of foreign-born mothers. Of these, Mexico accounted for the largest share of 287,052, followed by China (44,829) and India (43,364).

The 287,000 births to Mexican-born women in 2014 outnumbered all births to women from Asia, Europe, North America and Oceania combined.

China and India are the next most common origin countries – babies with mothers from these countries each account for five per cent of births to the foreign born.

It said none of the other countries comes even close to India when it comes to education and financial well off.

"The Indian case is particularly extreme – none of the other top sending countries come close in terms of the share of new moms with a bachelor's degree. Some six-in-ten new mothers from China and about half from the Philippines (52 per cent) have this credential. About a third of new mothers from Vietnam (35 per cent) have a bachelor's degree, while 18 per cent lack a high school diploma," the report said.

In terms of financial well-being, Indian-born new mothers have annual median family income more than twice as high (USD 104,500) as new US-born mothers (USD 51,200).

At the other end of the financial spectrum, just four per cent of Indian-born new mothers are in poverty, compared with 26 per cent of US-born mothers, it added.

New mothers from the Philippines, Vietnam and China are also relatively well-off. Those from the Philippines have annual incomes of about USD 75,000, those from Vietnam have incomes of about USD 70,000, and those from China have incomes of about USD 67,000, the study said.

Poverty rates for new mothers from these countries range from nine per cent to 14 per cent. Further more than nine-in- ten mothers of newborns from the Philippines and India are English-proficient, meaning they speak English "well" or better, it said.

"Just one per cent of new mothers from India are unmarried," the report said, adding that marriage is virtually universal among new mothers from India.

Births outside of marriage are also quite uncommon for new mothers from the other top sending countries in Asia: 11 per cent of new mothers from China are unmarried, as are 18 per cent from Vietnam and 19 per cent from the Philippines. The US average is 42 per cent.

Two-thirds of births to women from Honduras are to unmarried mothers. More than half of births to women from most other Latin American countries also occur outside of marriage, it said.

The exception is among women from Mexico: 47 per cent of births to Mexican immigrants occur outside of marriage, a rate slightly higher than among births to US-born mothers who are unmarried (42 per cent).

Pew said some 23 per cent of new mothers from India are 35 years old or older – far below the shares found among new mothers from the other major Asian sending countries.

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Agencies
February 26,2020

New Delhi, Feb 26: With the government pushing for the disinvestment of Air India, industrial conglomerate Adani Group may emerge as one of the bidders for the debt-laden national carrier, sources said.

According to highly placed sources, the Group has held internal rounds of deliberations on whether or not to submit an Expression of Interest (EoI) and the discussions are still in the preliminary stage.

If the company actually submits an EoI, it would be a major move towards further diversification of the company which has business interests across sectors right from edible oil, food to mining and minerals. 

It also entered into airport operations and maintenance business and won bids for privatisation of six airports, Ahmedabad, Lucknow, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru in 2019. 

On being contacted by IANS, the company did not comment on the matter.

Air India is one of the most important divestment proposals for the current fiscal to reach the huge Rs 2.1 lakh crore target.

The government in January restarted the divestment process of the airline and invited bids for selling 100 per cent of its equity in the state-owned airline, including Air India's 100 per cent shareholding in AI Express Ltd. and 50 per cent in Air India SATS Airport Services Private Ltd.

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, it had offered to sell its 76 per cent stake in the airline.

Of the total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286 crore.

Air India, along with its subsidiary Air India Express, has a total operational fleet of 146 aeroplanes.

Further, the disinvestment department has extended the last date for submission of written queries on the Performance Information Memorandum and Share Purchase Agreement to March 6.

The last date for submission of written queries on PIM and SPA was originally set for February 11, following which the Department of Investment and Public Asset Management (DIPAM) on February 21 issued 20 clarifications on the queries raised and expected.

Any delay in the tentatively rolled out timeline would also delay DIPAM's plan to identify the pre-qualified bidders by March 31 and the financial bids invitation as well. It is expected to take more than two months after the selection of the pre-qualified bidders to complete Air India's sale.

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Agencies
March 15,2020

Cybercriminals continue to exploit public fear of rising coronavirus cases through malware and phishing emails in the guise of content coming from the Centers for Disease Control and Prevention (CDC) in the US and World Health Organisation (WHO), says cybersecurity firm Kaspersky.

In the APAC region, Kaspersky has detected 93 coronavirus-related malware in Bangladesh, 53 in the Philippines, 40 in China, 23 in Vietnam, 22 in India and 20 in Malaysia. 

Single-digit detections were monitored in Singapore, Japan, Indonesia, Hong Kong, Myanmar, and Thailand. 

Along with the consistent increase of 2019 coronavirus cases comes the incessant techniques cybercriminals are using to prey on public panic amidst the global epidemic, the company said in a statement. 

Kaspersky also detected emails offering products such as masks, and then the topic became more commonly used in Nigerian spam emails. Researchers also found scam emails with phishing links and malicious attachments.

One of the latest spam campaigns mimics the World Health Organisation (WHO), showing how cybercriminals recognise and are capitalising on the important role WHO has in providing trustworthy information about the coronavirus.

"We would encourage companies to be particularly vigilant at this time, and ensure employees who are working at home exercise caution. 

"Businesses should communicate clearly with workers to ensure they are aware of the risks, and do everything they can to secure remote access for those self-isolating or working from home," commented David Emm, principal security researcher.

Some malicious files are spread via email. 

For example, an Excel file distributed via email under the guise of a list of coronavirus victims allegedly sent from the World Health Organisation (WHO) was, in fact, a Trojan-Downloader, which secretly downloads and installs another malicious file. 

This second file was a Trojan-Spy designed to gather various data, including passwords, from the infected device and send it to the attacker.

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Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

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