Immigration attorneys and companies are advising H-1B visa holders to return to the US immediately due to concerns over President Trump's plan to impose a USD 100,000 fee on the work visas.
High inflation, unemployment, high interest rates and falling GDP per capita are wrecking havoc in economies across the world.
Gujarat tops the list of states in terms of economic freedom, improving its position from the 5th place in 2005.
Economic experts fear massive layoffs in various sectors of the American economy due to the current economic distress that is only going to deteriorate in the coming months. A record 3.3 million Americans have filed initial jobless claims for the week ending March 21. Even as the peak of coronavirus in the US is two weeks away, millions of people in the country have lost their jobs.
The slowdown in India is related to a credit squeeze, which is a cyclical problem - not a structural problem: American economist Steve Hanke.
India ranks 73rd on a list of 123 of the world's freest economies, according to a study released in Washington.
This is not a new rule, but very few people know about it.
At some stage this fall in the quality of life will begin to hurt anybody's popularity, observes Shekhar Gupta.
'Outside investors don't want to get tangled up in a religious war.'
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
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