H-1B visas suspended: Donald Trump signs proclamation halting entry of workers on work visas, asks officials to move towards merit-based immigration
Moving to a merit-based immigration system, the White House said in a statement soon after Donald Trump issued a proclamation to temporarily suspend H-1B and other work visas till the end of the year. The Trump Administration will reform the immigration system to prioritise the highest-skilled workers and protect American jobs, it said.
Coronavirus Outbreak: Pandemic to hit investments up to 30% in construction-related projects, says KPMG
Construction-related GVA and employment are expected to reduce between 15 to 34% and 11 to 25% respectively when compared to pre-crisis projections for FY21, it said on Friday.
Spot gold eased 0.2 percent to $1,689.45 per ounce by 0031 GMT, while plummeting US crude oil prices increased bullion’s safe-haven appeal on Monday.
Govt offers relief to MSME sector, stakeholders say take care of salary payments, provide 6 months interest waiver on loans
The government is considering providing payroll support and overheads for the MSME sector for 110 mn workers and staff which could cost up to around Rs 1-1.5 lakh crore.
Cognizant withdraws 2020 growth forecast in wake of uncertainty over coronavirus impact; says long-term business fundamentals strong
For 2020, Cognizant had said it expects its revenue growth to be in the range of 2-4 percent in constant currency.
Gold rises as concerns over US stimulus dent risk appetite; dip in US Treasury yields, dollar supports bullion further
Spot gold was up 0.4 percent at $1,656.37 per ounce having fallen nearly 2 percent on Tuesday on hopes for global stimulus measures. US gold futures GCcv1 slipped 0.2 percent to $1,656.70.
Gold set for third monthly gain; coronavirus pandemic fears lift rate-cut bets, epidemic may result in global, US recessions
Spot gold was unchanged at $1,642.03 per ounce. The metal was on track for a third straight monthly gain, advancing over 3.5 percent so far this month.
Arvind Subramanian plays a mirror trick on NDA's note ban, changes tone out of power to turn up heat but not his stance
Arvind Subramanian is now in a Mark Antony act from Julius Caesar as he slams the government even as he seems to praise the "honourable men" who surrounded him
Tim Cook met with Indian Prime Minister Narendra Modi at a business summit in Washington at a time when Apple Inc is targeting the nascent Indian market as a revenue source after its sales in China slipped.
We too are ending the year on an uncertain note, though there is the feel good factor that black money has been slayed or at least an attempt has been made to do so.
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