As in the previous years, the US Citizenship and Immigration Services can issue a maximum of 65,000 H-1B visas, which is most popular among IT professionals and companies in IT services.
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The rupee was last at 62.05/06 after gaining to as high 61.9650 against the dollar, its highest since Nov 19. It had closed at 62.44/45 on Friday.
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
'The market won't wait for earnings to recover.'
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
For now, the concerns over bad loans have taken a back seat; a bigger challenge for the banking community is credit growth, explains Tamal Bandyopadhyay.
There will be more incentive for the parent company to share technology with the Indian unit.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Spiraling steel prices led the government to cut customs duty by 2.5-5.5 per cent on a range of products from semi-finished to flat and long products for the benefit of MSMEs, that have been at the receiving end.
Monthly and seasonal suburban railway tickets purchased through digital mode will get 0.5 per cent discount from January 1
Spot gold fell as far as $1,142.10 an ounce on Thursday, its lowest since November 2014.
'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.
Bata India, the footwear manufacturer and retailer, is back to prioritising volumes for growth. This is a change from the strategy last year, when it was focusing primarily on creating a product mix that would span the premium to economy segments.
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
The American currency regained its buoyant strength after a brief sideways movement following overnight US Fed's optimistic tone about the future of the US economy
At a time when fuel prices across the country are going through the roof with no sign of it moderating, electric vehicles seem the likely choice for car buyers who are looking at saving fuel costs. And add to it the negligible maintenance of electric vehicles. Continuing with this revolution with their 2nd offering in the EV segment, Tata Motors now offers the 2021 Tigor EV to its customers. Tigor petrol with its style-back design has always been a stunner since its launch and it still is.
The government-owned airline has 63 narrow body planes from Airbus, including the A319 and A321.
Aiming at filling up vacant business class seats, Air India on Monday launched a scheme where a domestic economy passenger can upgrade to Executive Class after paying Rs 5,000 or Rs 7,000 over and above the original ticket price.
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
Indian government expects LIC to have better business this year.
Weak equity markets too hit rupee sentiment
Road developers hoping for early relief from the government will have to wait longer.
Global gold prices held below $1,200 an ounce this week.
Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
The outlook on rupee is bearish as well. But a turnaround can lead to stock market recovery.
'The government wants foreign companies to capture the insurance market.'
From the appointed date, the authorised capital of the private sector bank would stand altered to Rs 5,000 crore and the number of equity shares at 2,400 crore having face value of Rs 2 each.
The first Jal Shakti Minister Gajendra Singh Shekhawat may believe that the water crisis is a media creation, but the photographs below suggest otherwise.
Experts said concerns over the Union Budget, too, had weighed on the market performance.
Vistara reported a passenger load factor of 45.4 per cent.
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
Adequate dollar supply gave a boost to the local currency
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
'If you weed out corruption, you will bring glory to Goa.'
The launch of 'Makers', priced at a range of Rs 250-390 per metre, is the culmination of a process that started in March last year - a process which was initiated keeping in mind the Rs 6,000 crore (Rs 60 billion) organised textile market poised to grow at 20 per cent in semi-urban India.
The rupee has dropped by 83 paise or 1.24 per cent in three days
