Employers have already spent the past year grappling with the prospect of a $100,000 H-1B payment. H-1B visas, one of the popular talent entry routes into the US for Indians, will soon come at an over 6-digit figure cost. The Donald Trump administration on Monday issued a proposed regulation that would make permanent an unprecedented…
File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters) The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices and sustained corporate demand for dollars, four traders told…
File photo: Vice President JD Vance (Picture credit: AP) US Vice President JD Vance has backed the Trump administration’s proposal to impose a new $103,265 fee on most new H-1B visa petitions, saying American companies should prioritise hiring and training US workers.Vance shared a US media report on the proposal on X and wrote, “If…
Trump’s 50% tariff net catches 550+ Canadian goods Honey, makeup, Christmas decorations and a host of other everyday products have fallen victim to the latest US-Canada trade crossfire.More than 550 Canadian goods are now facing a steep 50% US tariff that came into force on Saturday. The list also includes kitchenware, smartphones, golf equipment, cosmetics,…
Oil prices continue to soar Oil prices remained steady on Tuesday after sliding more than 2% the previous day, with investors weighing the potential impact of tougher US sanctions on Iran against ongoing risks to oil supplies.Brent crude gained 0.09% to $92.25 a barrel while WTI crude was 0.35% up to $85.31 a barrel.The two…
MUMBAI: Japan’s Resona Bank on Monday announced a tie-up with Tata Capital to provide its clients better access to financing solutions and opportunities in India using the non-bank lender’s local network. The announcement follows a $20 million investment by Resona Bank as a limited partner in Tata Capital Growth Fund III LP, which invests in…
Meiji Seika, SII tie up to bring Japanese Encephalitis vaccine to India; Medreich eyes expansion TOKYO: Meiji Seika Pharma-owned Medreich Pharma is eyeing inorganic growth and more generics supply from India, while the parent has tied up with Serum Institute of India (SII) to launch Japanese Encephalitis vaccine in the country.“SII will take the required…
Govt to sell up to 6% stake in Hindustan Copper via OFS to raise around Rs 3,000 crore MUMBAI: Govt is selling up to 6% in Hindustan Copper at a floor price of Rs 514 per share through an offer for sale (OFS) to mobilise about Rs 3,000 crore. The floor price for the OFS…
Ahead of Putin’s India visit, Jaishankar delivers PM Modi’s message as Russia assures continued fertiliser supplies NEW DELHI: Ahead of Russian President Vladimir Putin’s visit to India next month, external affairs minister S Jaishankar called on the President and handed over a personal message from PM Narendra Modi to him. Putin committed to continuing fertiliser…
Visa crackdown widens as Trump administration targets visitors seeking to remain in US through asylum claims The Donald Trump administration is preparing to revoke the business and tourism visas of as many as 2,00,000 foreigners who have applied for or are currently seeking asylum in the United States, in what could become the largest single…
