Disabled and low-income Americans are facing increasing obstacles in accessing Social Security benefits, a report scheduled for release next month finds. Advocates warn that changes under the Trump administration–including staff reductions, updated phone systems, and policy tweaks–have made high-touch support harder to obtain, raising risks of food insecurity, housing instability, and mental health crises.The research, […]
Trump’s H-1B visa fee hike to backfire? Wall Street banks set to rely more on Indian GCCs; may deepen presence in India
H-1B visas also see significant usage from financial and consulting organisations. (AI image) US President Donald Trump’s move to steeply hike the H-1B visa fees to $100,000 in a bid to create more jobs for Americans may actually end up backfiring! Major Wall Street banks are actually expected to increase their dependence on business support […]
Indian IT firms invested $1billion in US talent training: Nasscom
BENGALURU: Even amid protectionist rhetoric from successive US administrations, the Indian IT industry has invested over $1 billion in local upskilling and hiring, driving a sharp rise in local recruitment. Over the years, Indian and India-centric firms in the US have steadily reduced their dependence on H-1B visas while expanding their domestic workforce. According to […]
US visa curbs, weak demand lead to decline in IT stocks
BENGALURU: Some Indian IT stocks took a hit on BSE after US President Donald Trump‘s latest proclamation on the H-1B visa, deepening concerns in an already fragile demand environment. TCS and Tech Mahindra led the losses among the top five IT firms, each falling more than 3%. HCLTech saw the least decline at 1.8%. Among […]
Lower GST & Navratri give mega start to festive sales
NEW DELHI/MUMBAI: The ‘first day first show’ in the new GST regime saw a strong opening and footfalls didn’t disappoint, along with deliveries and bookings. As lower GST on a host of consumer products such as cars, two-wheelers, TVs, ACs, FMCG food products, budget footwear and clothing, coincided with onset of Navratri, the buzz came […]
Critical mineral push: India eyes lithium and copper from Peru, Chile and Argentina; FTAs pushed amid supply chain turmoil
India is intensifying efforts to secure stable supplies of critical minerals from South America, targeting resource-rich nations like Peru, Chile and Argentina amid a growing focus on renewables and green mobility.A high-level delegation from India’s mines ministry is visiting Peru this week to explore opportunities for lithium, copper and rare earth imports, while the country […]
GST cut festive boost for car buyers: Honda cuts prices across Amaze, City and Elevate; check new prices
Honda Cars India Ltd. (HCIL) on Monday announced a sweeping price revision for its full model range, passing on the benefits of GST Reforms 2025 directly to customers.The move makes popular models such as the Honda Amaze, Honda City, and Honda Elevate more accessible after revamped GST rates rollout starting from September 22.Kunal Behl, Vice […]
Essar venture rolls out Rs 900 crore plan for 100 LNG retail outlets
NEW DELHI: Ultra Gas & Energy Ltd (UGEL), a new-age clean-tech venture of the Essar group, plans to invest Rs 900 crore to expand its LNG (liquefied natural gas) retail network for freight carriers to 100 outlets across India, the company said on Monday.It has already commissioned six refuelling stations along major freight corridors. These […]
Urban boost in Assam: India, ADB seal $125m loan pact; project to benefit 3.6 lakh residents with better services
India and the Asian Development Bank (ADB) on Monday signed a $125 million loan agreement to upgrade urban services and strengthen climate resilience across six districts of Assam, the finance ministry said.The project will directly benefit around 360,000 residents by ensuring continuous metered water supply and upgrading storm water management systems. It will also introduce […]
US markets today: Wall Street slips after record highs; Pfizer-Metsera deal sparks pharma gains
US stocks slipped on Monday as Wall Street took a breather following a string of record highs last week. The S&P 500 dipped 0.2%, the Dow Jones Industrial Average fell 228 points, or 0.5%, and the Nasdaq composite eased 0.1% as of 9:35 a.m. Eastern time, AP reported. All three indexes had hit fresh all-time […]