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28 The Indian Eye | Business EYE | MAY 15, 2020
lockdown puts India’ s digital payments on < BUSINESS EYE
freeze as restaurant revenue takes a big hit
Post-lockdown, the eating out business may looks drastically different Business EYE covers the most im-
our BurEau Besides, with restrictions
Mumbai on gatherings and public
movement likely to be ex-
ndia’s payments fell 46% tended again in Mumbai and
this March to Rs 156.5 tril-
Ilion, compared to Rs 292 Delhi-NCR (National Capi- portant news in business world that
tal Region), curbs on dine-ins
trillion for the same period will continue, or they may be
last year; as businesses in India allowed to operate only at low
transacted less. service levels, it added.
The lockdown began on
Organised restaurants ac-
March 25 and payments showed count for 35 per cent of In-
the most drastic fall of the last 7 dia’s restaurant industry, es-
days of the month. timated at Rs 4.2 lakh crore
in FY19. Dine-ins are 75 per are from India or relate to India with
rTGs (real time gross set- cent of the organised restau-
rants, with online delivery or
tlement) transactions -- takeaways making up for the
used by corporates, mid- rest. As consumers emerge dif-
caps and MsMEs which fell 11% to Rs 11,201 crore in while credit card usage online ferent people from those who
forms 80% of the payments March, compared to February. fell 17% to Rs 23,918 crore. had gone into social isolation, significant impact on economy and
Wallets saw a 22% decline restaurants will need to con-
In terms of volumes also there
ecosystem in India -- fell was a 12% decline to 3.4 crore year-on-year to Rs 14,461 tend with newer needs and
37% year-over-year to rs and banks said - this is indica- crore this March. reimagine different business
tive of a slump in rural areas
TOI earlier reported the models.
120.5 trillion. In terms of as micro-ATMs are primarily economic impact of the lock- Food deliveries function-
volumes also rTGs saw a used by banking correspon- down is being reflected in a ing during the lockdown are
sharp drop in retail interbank ostensibly following strict
dents to cater to rural custom-
12% decline to 1.18 crore ers. transfers under the Immediate safety protocols in the kitchen. business relations of MNCs with India.
transactions. back on card usage; with pay- Payment System (IMPS) and Crowded bars may be a
Indians have drastically cut
UPI for the month of April. thing of the past too, or at least
halved to 12.2 crore in April vaccine for Covid-19 is found
crore this March from Rs 4
March ATM withdrawals ments falling to Rs 1.15 lakh Where IMPS transactions for the next two years or till a
have also fallen 13% year- lakh crore last year. The num- from 24.7 crore in February and fears of contagion recede.
over-year to Rs 2.51 lakh crore. ber of card swipes has also fall- and UPI transactions dropped Restaurants are also likely
In terms of volume of transac- en to 53.5 crore from 146 crore to 100 crore from 132 crore for to get more sober, with qui-
tions, decline has been sharp- previously. the same period. eter, perhaps more serious
er at 62% to 54.71 crore this Month-on-month also card The COVID-19 pandemic dining, back in fashion. Sand-
March from Rs 89 crore last payments saw a 12% decline. is likely to cut 40-50 per cent eep Tandon, managing direc-
year. Showing that people are Month-on-month, debit revenue of the country’s or- tor of Old World Hospitality
preferring to withdraw higher card usage at PoS machines ganised dine-in restaurants that owns Delhi’s Indian Ac- 36 The Indian Eye | Entertainment EYE | MAY 22, 2020
amounts as average ticket size fell 25% to Rs 27,238 crore this financial year, according to cent, talks about the need to
of withdrawal was Rs 4,587 this this March showing Indians a report. Slow recovery should change restaurant design or at
March compared to Rs 3,235 are using their cards less often begin from June, Crisil Re- least table placements.
last year. Since RBI started publish- at stores; while credit card us- search said in a report. “At Indian Accent, we al- ENTERTAINMENT EYE >
Given low demand and so- ready have tables placed at a
age at PoS declined 20% to Rs
ing micro-ATM withdrawals 26,656 crore in March. cial distancing norms, restau- luxurious distance so that you
only this February, last year’s Debit-card usage for e-com- rants will operate at 25-30 per cannot hear others talk. We
comparable is not available. merce, online payments, etc cent of their monthly service will have to relook the place-
So, month-on-month, cash fell 18.5% to Rs 65,303 crore in levels in the first 45 days after ments for some of our other
withdrawals at micro-ATMs March compared to February; lifting of the lockdown, it said. restaurants, however,” he says.
www.TheIndianEYE .us
This colorful section covers news and
AmItAbh bAchchAN ANIl KApoor
happenings in film and television Going strong in gym with grandson Working hard to shed all extra calories
n an attempt to burn
egastar Am-
itabh Bach-
down the extra fat that
Mchan
his wedding anniversa-
been ruling hearts in has Ihe gained eating all
the entertainment for ry cakes, the ever young
actor Anil Kapoor on
many decades now. He
world. It includes news and hap- is one of the stars, who Thursday was seen
sweating it out at his
is very active on social
home gym. The ‘Nayak’
media and likes to keep
actor took to Twitter to
his fans updated with
post a video of himself
his daily posts. Recent-
ly, he took to his Insta- where he is seen working
out. “I enjoyed committing
gram handle to share a post-workout selfie versary cakes ... now I must do the
the crime - eating all the anni-
with his grandson Agastya Nanda. In this monochrome pic-
ture, we can see Big B taking a mirror selfie amid his workout
penings from Bollywood to regional session with Agastya. They both were all smiles for the pic- time and burn off those calories!” he wrote along with the
ture as they posed with dumbells. The post was captioned as,
video. The ‘Mr India’ actor celebrated his wedding anni-
versary with his wife Sunita Kapoor on Tuesday. Mean-
‘’Fight .. fight the fit .. fit the fight .. reflective mirrors, laterally
while, the couple has been giving us major couple goals
inverted imagery .. and the inspiration with Grandson’’. They
as they have stood by one another in all situations and
both are twinning in white T-shirts.
emerged victorious. The 63-year-old actor who makes
heads turn with his personality and well-built physique
entertainment, celebrity lives and box rANA DAggubAtI committed to their fitness schedules.
is one of the many Bollywood celebrities who are highly
Ready to tie the knot
urning the on-going speculations true, popular
actor Rana Daggubati has got engaged to his
30 The Indian Eye | FUTURE this wEEk | MAY 22, 2020 Tgirlfriend Miheeka Bajaj in a hush-hush lock-
down ceremony on Wednesday. Taking to his social
Numerology Prediction May 22 To May 28, 2020 handle, the 35-year-old handsome hunk shared a cou-
ple of pictures from the special event and wrote “And
By CeleBrity Numerologist Number 6 (VenUS) it’s official!!” On May 12, Rana surprised his fans and
film fraternity alike by introducing his girlfriend Mi-
(Those born on the 6th, 15th and 24th in any month)
heeka Bajaj to the world by sharing an adorable picture
Hirav sHaH This may be a mixed week for you. There may not be much prog- of the duo on his social handle. As soon as the news
ress in career or educational matters. You may not be interested
broke out, fans, common folks and celebrities poured
Hirav Shah is engaged with few from fortune 500 about hard work and future prospects. You may spend most of the in their wishes on social media and congratulated the
time in entertainment and amusement. Love matters may distract
companies, actors, actress, National political parties you and affect your performance in other areas. soon-to-be-wed couple.
to provide them strategies & analytical solution and • Avoid wearing Brown color
guidance to bring them better height of success through • Lucky Days : Sunday
his sharp knowledge of astrology numerology science. • Lucky Color : Cream
[email protected] | www.hiravshah.com www.TheIndianEYE .us
Number 1 (SUn) Number 7 (nePtUne) office.
(Those born on the 7th, 16th and 25th in any month)
(Those born on the 1st, 10th, 19th and 28th in any month) This may be a profitable week for you. There may not be much
This may be a normal week for you. There may be relief from some opposition for your activities. You will command the respect and
major problems in life. You may be appreciated for your innova-
tive ideas and hard work. People engaged in business activities may recognition for your hard work. There may be a handsome in-
crement in your earnings. Speculative gains are likely during this
gain through new customers. There is a possibility for finalization week.
of marriage. Students may get exciting results for their hard work. • Avoid wearing Black color
• Avoid wearing Black Shades color • Lucky Days : Monday < FUTURE
• Lucky Days : Friday • Lucky Color : Off White
• Lucky Color : Sky Blue
Number 2 (Moon)
(Those born on the 2nd, 11th, 20th and 29th in any month) Number 8 (SAtUrn)
This may be a strenuous week for you. You may not be able to (Those born on the 8th, 17th and 26th in any month)
This may be a challenging week for you. You may have to work
properly analyze various financial scenarios. Some indiscreet de- hard to prove your efficacy. Superiors may ask reasons for some
cisions may result in severe losses. It is better not to lend money to
others during this week. There may not be an adequate increment technical errors. Enmity with colleagues may flare up during this
in your salary as per the anticipation. You may have to fight for week. You may be entrusted with heavy responsibilities much
even normal benefits in your career. against your will. An exclusive feature based on
• Avoid wearing Red color • Lucky Days : Thursday
• Avoid wearing Blue color.
• Lucky Days : Sunday • Lucky Color : Golden
• Lucky Color : White
Number 3 (JUPiter)
(Those born on the 3rd, 12th, 21st and 30th in any month) Number 9 (MArS)
This may be a stable week for you. It is better to postpone de- (Those born on the 9th, 18th and 27th in any month)
cisions with such a wavering mind. You may get decent returns There may be mixed results for you this week. You may be misin-
for your investments. There may not be domestic happiness for terpreted by others on several occasions. You should look out for forecasts from globally renowned
various reasons. You may be respected for your experience and technical ambiguities in your career. Verification of your activities
knowledge. Students may get pleasant results for their efforts. is very important in avoiding unnecessary confrontations.
• Avoid wearing Orange color • Avoid wearing Brown color.
• Lucky Days : Monday • Lucky Days : Wednesday
• Lucky Color : Yellow • Lucky Color : Parrot Green
Number 4 (UrAnUS)
(Those born on the 4th, 13th, 22nd and 31st in any month)
This may be a pleasant week for you. Your mind may be engaged Celebrities of the week : Astro-Strategist Hirav Shah that draws
with innovative thoughts. You may plan more but execute less.
You may seriously search for better changes in career. You may may 22 - Naomi Cempbell may 26 - Dilip Joshi
take rapid decisions about family and financial matters. New rela- may 25 - karaN Johar may 27 - ravi shastri
tions or friendships are beneficial for this week. may 25 - kuNal khemu may 28 - kylie maNgoNe
• Avoid wearing Brown color
• Lucky Days : Wednesday
• Lucky Color : Blue
Number 5 (MercUrY) www.TheIndianEyE.us MAY 15, 2020 The Indian Eye 33
(Those born on the 5th, 14th and 23rd in any month) | ImmIGRATION |
This may be a fabulous week for you. There may be a variety or
dynamic nature of work from this week onwards. You may be able Connecting with
to control your enemies with logical thinking. There is the possi-
bility for raising personal loans to meet the requirements. You india and indians Need to Plan ahead Before sponsoring
may have earnings from different sources.
• Avoid wearing Red color. around the world
• Lucky Days : Thursday a senior Parent for a Green Card
• Lucky Color : Blue
www.TheIndianEYE .us CYrus MEhTa any US citizens, especially residency or continue to travel as the trip abroad has been in excess appointment after the filing of the carefully considered before a parent
All of these factors have to be
of 180 days under INA 101(a)(13)
visitors. It is generally not advisable
application for the reentry permit,
(C)(ii), the CBP official can still find
they must return to the US for the
to use the green card as a tourist
obtains a green card. Is the parent
strong reader attention Mly naturalized, desire to to reside in the US permanently. departed the US for less than 180 sive inspection by a CBP official, al- ly and uproot oneself after living a
biometrics and again risk an aggres-
those who have recent-
willing to live in the US permanent-
abandonment even if the resident
visa. A green card holder is required
though the risk may be lessened if it
sponsor their senior parents for law-
lifetime in the home country? If not,
While travelling once a year on a
days under 101(a)(13)(C)(i). In any
is the parent still prepared to reside
ful permanent residence, also collo-
green card is theoretically permissi-
event, in order for the green card to
is clear that the parent is returning
in the US at some point in the near
to pursue a reentry permit.
quially known as the green card. A
ble, there will come a point in time
be valid, the resident must return
when the Customs and Border Pro-
There are also important tax
US citizen can sponsor a parent for
to the US within one year of the
future after settling affairs at home,
prior departure pursuant to 8 CFR
considerations. Failure to file a res-
tection (CBP) officer at a port of en-
a green card as an immediate rela-
and most likely apply for a reentry
IMMIGRATION > tives are not subject to quotas that in the US. The CBP official routine- abroad” has been subject to inter- resident, can have an adverse im- to file US tax returns and declare
211.1(a)(2).
permit in the meantime and then
try will question why the green card
tive by filing Form I-130 under INA
ident tax return upon becoming a
maintain it? Is the parent prepared
The term “temporary visit
green card holder, or filing as a non-
holder is not permanently residing
201(b)(2)(A)(i). Immediate rela-
foreign bank accounts each year?
pact on not just the parent’s green
can take many years to clear, and
ly asks a returning resident how long
pretation by a few Circuit Courts.
card status but also with respect to
they have been outside the US since
The Ninth Circuit’s interpretation
thus the process can be complet-
Has the parent’s health needs been
taken into account? If the parent is
ed within a relatively short period
in Singh v. Reno, 113 F.3d 1512 (9th
the ability to naturalize in the future.
their last departure from the US. If
See 8 CFR 316.5(c)(2). A green
the CBP official determines that the
of time. Bringing a parent over to
Cir. 1997) is generally followed:
not ready, it may still be preferable
join the US citizen and their family
parent has abandoned permanent
card holder is considered a resident
for the parent to continue visiting
A trip is a ‘temporary visit
abroad’ if (a) it is for a relatively
the US as a tourist each year. Of
residence, they could be charged
for tax purposes as he or she meets
permanently in this country can be
a great source of joy and has lots
proceeding.
tourist visa in the past, then being
Although
removal
stantial presence test.” Even if the
event; or (b) the trip will terminate
of benefits. In addition to living in
upon the occurrence of an event
parent does not earn any income in
the burden of proof is on the gov-
sponsored for a green card makes
close proximity and enjoying emo-
tional bonds, senior parents can be with inadmissibility and placed in short period, fixed by some early the “green card test” or the “sub- course, if the parent was refused a
that has a reasonable possibility of
the United States, but has earnings
more sense. There is also now a
ernment to establish through clear
of great help in providing child care and convincing evidence that the occurring within a relatively short from overseas sources, the parent growing sense of urgency to sponsor
permanent resident has abandoned
a parent sooner than later in light of
is generally required to report their
thus allowing their US citizen chil-
period of time. If as in (b) the length
This exclusive column by pre- health issues, and having them near- green card to infrequently visit the fixed in time and if the event does all foreign financial accounts with a includes the ability of naturalized
the rhetoric from President Trump
dren to work and pursue careers.
of the visit is contingent upon the
worldwide income on a Form 1040
that status, this burden may be easy
resident US tax return. Moreover,
to establish if the parent uses the
occurrence of an event and is not
to abolish chain migration, which
Some senior parents may have
citizens to sponsor parents. Howev-
value in excess of $10,000 must be
US rather than reside in the US.
by gives a sense of security in case
not occur within a relatively short
reported every year. It behooves a
period of time, the visit will be con-
er, for that to happen, Congress will
In order to stave off a finding
of emergencies. Other parents can
also pursue new careers or hobbies
need to change the law and that is
of abandonment, a green card hold-
parent in this situation to consult
sidered a “temporary visit abroad”
once they immigrate to the US.
with a tax advisor to ensure that they
er must demonstrate that the trip
not likely to happen anytime soon in
only if the alien has a continuous,
Many parents may already
have multiple entry visitor visas, or abroad was temporary. Returning uninterrupted intention to return to are not taxed in both countries. a highly polarized Congress. What
back to the US annually may not
is more imminent is a proposed
There are many other import-
the United States during the visit.
be able to travel on visa waivers, meet the definition of a temporary Since the a trip abroad must ant considerations. The parent will rule that will change the definition
and visit their children once a year trip abroad. Many are under the be of finite duration, or at must ter- have to adapt to a completely differ- of who is likely to become a pub-
or even more frequently. These
ent lifestyle in the US. For instance,
minate upon the occurrence of an
misimpression that returning to the
lic charge under INA § 212(a)(4),
in order to be able to get around, be-
which might create more obstacles
eminent immigration attorney Cyrus the US through visitor visas need inate a finding of abandonment. period of time, many parents who ing able to drive in many parts of the for senior parents to qualify for the
parents who already have access to
US within six months would elim-
event likely to occur within a short
US outside major metropolitan ar-
green card. Already, the State De-
to carefully consider whether it is
While a permanent resident is only
use the green card as a tourist visa
prudent to obtain lawful permanent
frequently face intrusive inspections
partment has amended the Foreign
regarded as seeking admission if
eas is essential. There is also no free
health insurance for a newly minted
Affairs Manual to give consular offi-
by CBP officers at ports of entry.
green card holder. The parent will
Many are warned to apply for a
cers more discretion in making pub-
have to purchase private health in-
reentry permit if they continue to
lic charge determinations notwith-
infrequently return to the US. INA
exchange under the Affordable
I-864 affidavit of support.
§ 223 provides the authority to the surance, and can do so on a health standing the submission of a Form
Department of Homeland Security Care Act, and there might be sub- and an informed decision is made,
When everything is considered
sidies available based on income.
to issue a reentry permit for a pe-
maintaining the green card will be
Mehta gives latest updates on US also 8 CFR 8 CFR § 223.2(c)(2). mandatory for a lawful permanent smoother and not so burdensome.
As of January 1, 2019, it is no longer
riod not more than two years. See
After five years from the issuance
resident to have health insurance
While the reentry permit can serve
under the ACA as there is no longer
as an insurance policy against such
of the green card, the parent will
be able to apply for US citizenship
any tax penalty for failure to do so.
an aggressive inspection at a port of
entry, this document will not entire-
Green card holders have to wait for
provided they have been physically
ly immunize the parent from a find-
ing of abandonment. While length
years preceding the filing of the
eligible for Medicare. The parent
must be 65 or older and must have
of time may not be used against 5 years before they become becomes present for half the time in the five
naturalization application and they
34 The Indian Eye | SPORTS | MAY 15, 2020 the green card holder with a valid worked for 40 quarters. Most new have also been continuously resid-
reentry permit in a finding of aban-
ing during this period.
green card holders would not have
worked 40 quarters, and they may
Upon being naturalized, a US
donment, other activities reflecting
citizen is no longer subject to resi-
buy in to Medicare after they be-
abandonment may be considered.
The reentry permit is burden-
come eligible. The rules regarding
dency requirements. If on the oth-
PANDEMIC EFFECT: immigration policies some to maintain for a senior parent Medicaid for low income green card er hand, the parent has a change
holders are complex and confusing,
who visits the US a few weeks each
of heart and does not wish to be a
year. Form I-131 must be filed only
permanent resident of the US, it is
and depend on a person’s income,
sloWlY aNd saFElY, BCCI TakEs m of while the parent is physically pres- age and the rules of each state. The best that the parent formally aban-
sponsor’s income on the affidavit of
don that status by filing Form I-407,
ent in the US, and then the parent
otherwise IRS will still consider the
support may also be deemed to the
must wait a few weeks for the bio-
parent a resident alien for tax pur-
parent’s income. Further informa-
metrics appointment. If the parent
CYRUS D. MEHTA & PARTNERS PLLC
sTEPs To rEsTarT CrICkET is unable to wait for the biometrics tion is available here. poses.
_________________________________________________________________________________________________
Cyrus D. Mehta, a graduate of Cambridge University and Columbia Law School, is the Managing Partner of Cyrus D. Mehta

& Partners PLLC in New York City. Mr. Mehta is a member of AILA’s Administrative Litigation Task Force; AILA’s EB-5
Committee; former chair of AILA’s Ethics Committee; special counsel on immigration matters to the Departmental Disciplinary

 
of Volunteers for Legal Services and board member of New York Immigration Coalition. Mr. Mehta is the former chair of the
Team India Captain Virat Kohli and his deputy rohit sharma may miss the bus as    
­ Committee, Appellate Division, First Department, New York; member of the ABA Commission on Immigration; board member
Board of Trustees of the American Immigration Council and former chair of the Committee on Immigration and Nationality
€
‚  
Law of the New York City Bar Association. He is a frequent speaker and writer on various immigration-related issues, including
they are in the Covid-19 hotspot of Mumbai; Coach ravi shastri wants IPl to start on ethics, and is also an adjunct professor of law at Brooklyn Law School, where he teaches a course entitled Immigration and
Work. Mr. Mehta received the AILA 2018 Edith Lowenstein Memorial Award for advancing the practice of immigration law
and the AILA 2011 Michael Maggio Memorial Award for his outstanding efforts in providing pro bono representation in the
immigration field. He has also received two AILA Presidential Commendations in 2010 and 2016. Mr. Mehta is ranked among
2 6th Floor the most highly regarded lawyers in North America by Who’s Who Legal – Corporate Immigration Law 2019 and is also ranked

   
our BurEau The world in general is suffer- in Chambers USA and Chambers Global 2019 in immigration law, among other rankings.
ing, waiting for normalcy to re-
Mumbai sume”. www.TheIndianEYE .us
On that count, he says, “one
s Indian cricket team lenge for the very best of play- < SPORTS
can seek some solace”. Shastri
gets ready to come out
Aof nearly two-month reckons the after-effects of the
current phase, when cricket re-
nationwide lockdown to re- sumes, will be a “massive chal-
sume outdoor training, there
is a doubt that senior team ers”.
members - skipper Virat Kohli “No matter how big or ac-
and vice-captain Rohit Sharma complished a player is, it’ll take
could not join them. As per re- time to get into the groove once
ports, The Board of Control for again, regain that ball sense,
Cricket in India (BCCI) could find your feet out there in the This section covers extensively
allow the players to return to middle - no matter who you
training by next week, after the are. Not just cricket, but in any
government announces easing sport, that’ll be a challenge,” he
down of nationwide restrictions Virat Kohli in lockdown says, and “it’s only natural”.
due to Covid-19. But Kohli, and Post the lockdown, any
Rohit, who stay in the pandem- board across the world, includ-
ic-stricken Mumbai, might still
have to stay inside their homes, ing the BCCI, should give op- the latest in Indian cricket
timum importance to domestic
as tough restrictions are still ex- cricket more than anything else,
pected to remain in the city. he says, followed by bilateral
Speaking in an interview to
news agency AFP, BCCI trea- tours. The international season
surer Arun Dhumal said: “For for the Indian team had almost
players like Kohli and Rohit, the come to an end by the time the
restrictions are there in Mum- lockdown began to set in. “In worldwide including domestic
bai and might stay.” that sense, what India’s lost out
The BCCI official further
added that after the easing down on is domestic cricket - the Indi-
an Premier League (IPL) for in-
of lockdown, the players might stance. When cricket resumes,
return for “some skill-based rohit Sharma we could give the IPL a priori-
training” outdoors in several
parts of the country. He further players,” said Dhumal. “Every- last two months, and a couple ty. The difference between an
added that the National Cricket body would be keen to hit the of more going forward perhaps, international tournament and competitions like IPL.
Academy (NCA) in Bangalore ground and the idea is when- will count as the most horrible the IPL is that the IPL can be
played between one or two cit-
is being prepared to carry out ever we are ready for cricket to phase in the life of a sportsper-
the post-lockdown plan for the resume, they (the players) are son in close to seven or eight ies and the logistics will be eas-
players, so that it can be adapt- able to give their 100 percent.” decades. Something like this is ier to manage. The same thing
with bilaterals - it’ll be easier for
ed according to the restrictions India are scheduled to play a unimaginable”.
in place. “As of now we are working, series against Sri Lanka in July, As coach of the Indian team, us to tour one country and play
but it is expected to be called “the only consolation perhaps”, there at specific grounds than
given the lockdown restrictions, off. he says, “is that cricketers or 15-16 teams flying in during
through apps and online modes. The cricket world waits for sportspersons in general are not these times. The International
The coaches and support staff the dreaded Covid-19 pandemic the only ones who’ve been left Cricket Council (ICC) needs to
are regularly in touch with the to relent. Ravi Shastri says “the shattered by what’s happening. Continued at next page... >>
www.TheIndianEYE .us