Called the US Citizenship Act of 2021, the legislation modernises the immigration system, and also proposes to eliminate the per country cap for employment-based green cards, a move that would benefit thousands of Indian IT professionals whose current wait period for legal permanent residency runs into several decades.
This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).
Facing the twin task of fighting the coronavirus pandemic today and building a better tomorrow, the world is experiencing a new Bretton Woods moment, IMF managing director Kristalina Georgieva said
US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms.
As per OECD's September estimates, global growth was to be 3 per cent this year and 3.6 per cent in 2016.
Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
Prime Minister Narendra Modi will flag off the first phase of the pan India roll-out of COVID-19 vaccination drive at 10.30 am via video conferencing.
The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y.
The government plans to immunise 30 million people in the first phase, starting February, and by July, the target is to vaccinate 250 million people, reports Sohini Das.
Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels, cautions Devangshu Datta
Starting early will help departments to get funds faster.
The gun is unique in its ability to fire a five-round burst, while no other contemporary The gun is unique in its ability to fire a five-round burst, while no other contemporary gun exceeds three-round bursts. This brings down a greater quantity of explosive onto the target before enemy soldiers can take cover
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
The study showed that 50 per cent of households have reduced the number of meals ever since the lockdown was imposed
The ISRO had earlier said Chandrayaan-2 will be launched in a window from January-February 16, 2019.Sources said it is expected by the middle of next month but no date has been finalised.
The economy could rebound if the right policy decisions are taken and implemented quickly
The Trump administration has been very clear that the acquisition of advanced Russian technology sends the wrong message to Russia at a time when it continues its aggressions, the official said.
Subbarao said, short-term as well as medium-term prospects or Indian economy continue to be grim. Fiscal deficit is going to be much higher, the debt burden much larger and the financial sector will be in a worse shape.
A model being considered is to have a combined cold chain approach - where the agricultural cold chain would be combined with vaccine cold chains.
Each of the larger states may need less than Rs 10,000 crore each to finance the exercise.
Public banks face slowdown heat.
An estimate suggests the cost of upgrading to Windows 7 or Windows 8 will be $95.
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
Sitharaman said the government will bring in a new national education policy to transform India's higher education system into one of the best in the world.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
'We will not compromise on it. We will not make any deferred payments or cuts.'
The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.
The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.
To reduce its mounting debt, DLF, the country's biggest real estate company, is set to sign a deal with Mumbai-based Lodha Developers for selling one of its showcase non-core assets the 17-acre National Textile Corporation (NTC) land in Mumbai.
Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.
Parliament has approved a gross borrowing for Rs 7.1 lakh crore for the entire 2019-20 fiscal.
CBDT asks for urgent action, especially with respect to recovery of arrears and current demand, to achieve the collection target.
'The effect will be seen two-three quarters down the line.'
Behind the scenes, sponsors who have pumped billions of dollars into the Tokyo Olympics have grown increasingly nervous about how the coronavirus outbreak will impact the tournament.
The flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally.
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
As gold prices turn prohibitive, traders fear a drop of as much as 50% in sales over the previous season.
'War is won by team work. War is won by sacrifices,' says Subedar Sanjay Kumar, Param Vir Chakra.
The Rafales could begin combat operations by September-October, reports Ajai Shukla.
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