The Trump administration has announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.
Brazil, China, India, Mexico and South Africa are still a logical grouping.
'What criteria is GoI (government of India) using to judge how long the lockdown is to continue...'
Let's take a look at how much trusts banks have in some of the major markets.
Rising CAD, low growth & inflation may spark off an economic crisis in India.
Rediff.com brings for you some behind-the-scenes moments from the G-20 summit
Noting its role in reviving the US economy and creating jobs, President Barack Obama will visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of steel to the US auto manufacturing sector.
Bharatiya Janata Party veteran Lal Krishna Advani on Friday said the only way to end the present situation of uncertainty in the country and tackle the economic crisis effectively is to hold Lok Sabha elections in 2013.
Biden, 77-year-old the former US vice president, is ahead of Trump, a Republican, in the Northern battlegrounds of Wisconsin and Pennsylvania, as well as in the states of Florida and Arizona, according to a poll of likely voters conducted by The New York Times and Siena College.
Greek government debt crisis is one of a number of current European sovereign debt crises.
In an effort to demand that the Chief Minister Prithviraj Chavan change water allocations, Greenpeace activist climbers unfurled a 250 foot banner on the Upper Wardha dam in Amravati. The banner read: 'Water for Farmers not Power Plants'.
According to the report, the magnitude of internal migration is about two-and-a-half times that of international migration.
Is the unfolding Bhagwati-Sen debate likely to have the same impact on economic policy in India as Hayek versus Keynes had on the West?
To aid global rebalancing, China needs to re-orient domestic policy to social spending.
Fitch Ratings director Thomas Rookmaaker said India's debt-to-GDP ratio is likely to rise to 76 per cent from 70 per cent currently due to wider fiscal deficit and low economic growth.
The world's richest are getting richer despite the economic crisis.
Neither Biden nor his successors can any longer ignore the threat China has come to pose to the US in both economic and military fields, observes Virendra Kapoor.
The 1990s team worked wonders because the leaders took care to build a tier of competent secretaries and advisors under them.
Amid the economic crisis, some of the Asian cities hold much promise in terms of growth and prosperity.
The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.
Let's take a look at some of the most expensive hotel suites in the world.
President Barack Obama on Tuesday staked his second term political capital on an ambitious bid to strengthen America at home by reigniting its economic engine, cutting gun murders and fixing immigration.
'The government is sincerely working on employment generation. Unfortunately, they are depending on these people from Harvard. Their wrong policies are killing jobs. The government has to come out of the Western framework on which they depend upon a lot.'
The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.
US companies, particularly in technology, say they need the visas to fill vacant positions.
With some IT majors performing below industry expectations, Nasscom on Wednesday said smaller and mid-size companies, which adopted different strategy after the 2008-09 economic crisis have peformed well, posting up to 20 per cent growth.
The IOC's financial situation remains solid despite the global economic crisis, with reserves of $558 million and continuing increases in television and sponsorship revenues.
Nearly 25 million jobs could be lost worldwide due to the coronavirus pandemic, but an internationally coordinated policy response can help lower the impact on global unemployment, according to a UN agency. In its preliminary assessment report titled 'COVID-19 and world of work: Impacts and responses', the International Labour Organization (ILO) calls for urgent, large-scale and coordinated measures across three pillars -- protecting workers in the workplace, stimulating the economy and employment, and supporting jobs and incomes.
Speaking on the global outlook for the financial services industry during the event, hosted by the Coller Institute of Private Equity and London Business School, J Christopher Flowers said: "There are those in the financial institutions industry who think that we are facing permanently low returns on capital. I don't see it that way.
It is common knowledge that the Indian economy has not just been doing badly for over a year but is actually stumbling towards a major economic crisis.
India pays 55% of the value of oil its imports from Iran in euro payments through Turkey's Turkiye Halk Bankasi.
Obama will meet leaders from the business, labour, progressive and civic community.
'Their income will reduce, but not the fees.'
The massive buyers of gold in the past two years have not been the distressed farmers or the manual scavengers, writes Ajit Balakrishnan.
'The US appears to think that Pakistan is highly vulnerable today due to its economic crisis and one more turn of the screw may bring about desired results,' says Ambassador M K Bhadrakumar.
Jet, earlier, pulled out of Johannesburg, New York routes.
The proclamation that comes into effect on June 24, is expected to impact a large number of Indian IT professionals and several American and Indian companies who were issued H-1B visas by the US government for the fiscal year 2021 beginning October 1.
The near decade of India under Dr Singh has convinced most that India is an Absentee State, where governance is grossly missing and rule of law virtually non-existent, writes M R Venkatesh.
Alleging that Prime Minister Manmohan Singh has pushed the country's economy back to 1991 era of economic crisis, the Bharatiya Janata Party on Tuesday hit out at the Congress-led United Progressive Alliance government at the Centre for allowing Foreign Direct Investment in multi-brand retail.
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