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Sectors and stocks in focus as Donald Trump set to become 47th US president

Sectors and stocks in focus as Donald Trump set to become 47th US president

Wed, Nov 06, 2024

Markets react positively as Donald Trump looks set to become the 47th US President, with analysts focusing on key sectors like banking, energy, and IT amid currency fluctuations and bond yield shifts.

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Thu, Oct 31, 2024

The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said.

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Thu, Jun 20, 2024

Big news for Indians going to US, police strictness on carrying fake products of big brands. See complete details in this video.

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Wall Street braces for tariff fallout as S&P 500 companies report

Wall Street braces for tariff fallout as S&P 500 companies report

Sat, Jul 21, 2018

Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week

Phones on Flights? Here is what Indians want

Phones on Flights? Here is what Indians want

Tue, Jul 17, 2018

Airline passengers in India top global list on demands to use phones in the sky; ready to pay extra

'US H-1B visa rules tightening to hit Indian IT cos' margins'

'US H-1B visa rules tightening to hit Indian IT cos' margins'

Wed, Jun 27, 2018

Tightening of H-1B work visa norms by the US is likely to put cost pressures on the Indian IT services firms and impact their margins due to increase in compliances and rise in onsite hiring, according to a report.

Global Economy: Soft patch, facade, or great decoupling?

Global Economy: Soft patch, facade, or great decoupling?

Fri, Jun 22, 2018

Euro zone growth, while decent, has slowed remarkably, posing a challenge to the European Central Bank`s plans to soon stop buying bonds. Central banking sources revealed this week to Reuters a worry at the bank about "a facade of optimism in the forecasts."

US withdraws from UN Human Rights Council

US withdraws from UN Human Rights Council

Wed, Jun 20, 2018

The US withdrew from a "hypocritical and self-serving" UN Human Rights Council on Tuesday over what it called chronic bias against Israel and a lack of reform.

This country just muscled out India from No. 1 spot globally

This country just muscled out India from No. 1 spot globally

Sun, Jun 17, 2018

The US has surpassed India to become the top destination for greenfield FDI investment in 2017, says a report. The number of greenfield FDI projects in India during the year fell sharply by 21 per cent to 637, said the fDi Report 2018 compiled by FDI Intelligence

India mulls customs duty hike on 30 US products; proposes $241 mn retaliatory tariff hike

India mulls customs duty hike on 30 US products; proposes $241 mn retaliatory tariff hike

Sat, Jun 16, 2018

India has now submitted a revised list of 30 items -- including motor cycle, certain iron and steel goods, boric acid and lentils -- to the WTO on which it proposes to raise customs duty by up to 50 per cent

Global airlines issue warning over trade tensions

Global airlines issue warning over trade tensions

Sun, Jun 03, 2018

Growing tension over international trade could damage the airline industry and the world economy, global airlines and aviation executives warned on Sunday. The U.S. government has renewed tariff threats against China and imposed duties on steel and aluminium on U.S. allies Canada, Mexico and the European Union

India in ''good position'' to face fallout from possible trade tensions: UN economist

India in ''good position'' to face fallout from possible trade tensions: UN economist

Sat, May 26, 2018

India is in a "good position" to deal with any fallout from global trade tensions and with right policies can reach an 8 per cent-plus growth rate and hold it, according to a UN economist monitoring the country

In terms of FTAs in India, Bangladesh beats US; check out the numbers

In terms of FTAs in India, Bangladesh beats US; check out the numbers

Tue, May 22, 2018

A big surge in tourist arrivals was reported in the latest data made available today. Foreign Tourist Arrivals (FTAs) in April 2018 on e-Tourist Visa were 1,57,094 compared to 1,14,469 in April 2017, a growth of 37.2 percent

India mulls tariff hike on 20 US products to hit back in steel, aluminium duties row

India mulls tariff hike on 20 US products to hit back in steel, aluminium duties row

Sun, May 20, 2018

In a retaliatory move, India has told the WTO that it proposes to raise duties by up to 100 per cent on 20 products such as almonds, apple and specific motorcycles imported from the US from next month, if Washington does not roll back high tariffs on certain steel and aluminium items

India sixth wealthiest country with total wealth of $8,230 billion: Report

India sixth wealthiest country with total wealth of $8,230 billion: Report

Sun, May 20, 2018

India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion, while the US is the richest nation globally, says a report. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest country in the world with a total wealth of USD 62,584 billion, followed by China (USD 24,803 billion) at the second place and Japan (USD 19,522 billion) at the third place

US sanctions on Iran unfavourable for India, says economist TN Srinivasan

US sanctions on Iran unfavourable for India, says economist TN Srinivasan

Sun, May 13, 2018

US President Donald Trump has recently announced that America will withdraw from the landmark 2015 accord to curb Iran's nuclear programme and reinstate financial sanctions on the Persian Gulf nation. "Current economic situation, although favourable, is dependent on external economic climate

US visa: 93% of H-4 approved work authorisation from India, says report

US visa: 93% of H-4 approved work authorisation from India, says report

Sat, May 12, 2018

US visa: Ninety-three per cent of granted applications for employment authorisation were issued to women; seven per cent to men, according to the report on H-4 visas by the independent Congressional Research Service of the US Congress, which prepares periodic reports on issues of interest to US lawmakers

Parents, children entering US illegally will be separated: Jeff Sessions

Parents, children entering US illegally will be separated: Jeff Sessions

Tue, May 08, 2018

US Attorney Jeff Sessions has said that Washington will take a stricter stance on illegal crossings at the Mexico border by separating parents from children, rather than keeping them together in detention centres, the media reported.

US H-1B visa: Democratic lawmakers oppose ending work permits for spouses

US H-1B visa: Democratic lawmakers oppose ending work permits for spouses

Thu, Apr 26, 2018

Top Indian-American Democratic lawmakers have vehemently opposed the Trump administration's plan to scrap an Obama-era rule allowing spouses of H-1B visa holders to work legally in the US. The Trump administration is planning to propose to end allowing spouses of H1-B visa holders to work legally in the US.

US H-1B visa row: Stopping work permits to H-4 visa holders opposed by lawmakers, IT industry

US H-1B visa row: Stopping work permits to H-4 visa holders opposed by lawmakers, IT industry

Wed, Apr 25, 2018

The opposition to the Trump administration's plans comes a day after the American media reported a letter from the US Citizenship and Immigration Services about its decision to terminate the Obama-era regulation that granted work permits to H-4 visa holders, spouses of H1-B visa holders, a majority of whom are Indian professionals, and are mostly women

US H1-B visas: In big setback for Indians, Trump admin set to end work permits for spouses

US H1-B visas: In big setback for Indians, Trump admin set to end work permits for spouses

Tue, Apr 24, 2018

US H1-B visas: The move to end the Obama-era rule could have an impact on more than 70,000 H-4 visas holders, who have work permits. H-4 is issued to the spouse of H-1B visa holders, a significantly large number of whom are high-skilled professionals from India. They had obtained work permits under a special order issued by the previous Obama administration. Indian-Americans were a major beneficiary of this provision. More than 100,000 H-4 visa holders have been beneficiary of this rule

US fund managers brace for trade war with focus on pricing power

US fund managers brace for trade war with focus on pricing power

Mon, Apr 23, 2018

So far, domestic small-to-mid-cap companies that get most of their revenues at home have weathered prospects of higher trade costs the best, with the Russell 2000 index of smaller companies up 2.8 percent for the year, nearly double the 1.5 percent gain in the larger-cap and more internationally-exposed S&P 500 index over the same time

US-China trade war to hurt global growth, says EIU

US-China trade war to hurt global growth, says EIU

Sun, Apr 22, 2018

According to the Economist Intelligence Unit (EIU) report, while global trade will be overshadowed by the ongoing dispute between China and the US, appetite for new free-trade deals will continue in the rest of the world including those involving India

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