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Visa reform: Govt streamlines e-visa process for foreign professionals needed by Indian firms; DPIIT launches digital module

The government on Wednesday said it has simplified and streamlined the visa process for Indian companies seeking to bring in foreign professionals, including engineers and technical experts, whose services are required for production-related activities such as machine installation, quality checks, training and plant design.The move is expected to benefit domestic firms that import machinery from…

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US Social Security alarm: Trump administration may force 39 states for repayment to foster kids — Check reasons

NEW DELHI: The US administration for children and families (ACF) under the department of health and human services wrote to the governors of 39 states, calling on them to safeguard Social Security benefits meant for children in foster care. In letters sent on Thursday, the ACF flagged concerns alleging that state child welfare agencies are…

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Cyient arm to acquire over 65% stake in US-based power semiconductor co Kinetic Technologies for $93 million

HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30,…

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Silver prices today: White metal crosses Rs 2 lakh per kg for first time in Delhi; global rally fuels surge

Silver prices on Wednesday breached the Rs 2 lakh-per-kilogram mark in the national capital for the first time, driven by strong demand in domestic and overseas markets, according to the All India Sarafa Association, PTI reported.The white metal surged Rs 7,300 to hit an all-time high of Rs 2,05,800 per kg, compared with the previous…

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NPS exit overhaul: PFRDA eases withdrawal norms for private subscribers; exit age raised to 85 – top thing to know

India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth at…

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Message to Trump? FM Sitharaman says ‘trade getting weaponised through tariffs’; adds India will have to negotiate carefully

Finance minister Nirmala Sitharaman on Wednesday said global trade is increasingly “getting weaponised” through tariffs and other measures, warning that India will have to negotiate carefully in a changing global environment.Her remarks come amid US President Donald Trump’s earlier imposition of a 25% duty on India citing trade deficits, followed by another 25% penalty linked…

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India-Oman trade deal: How the CEPA will anchor India’s expanding Gulf strategy; strengthen strategic and investment footprint

India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister Narendra…

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Dubai’s ‘rockstar architect’: Meet Muhammad Binghatti, man behind world’s most iconic buildings | World News

Muhammad Binghatti Dubai’s ‘Rockstar Architect’/ Image: Forbes Middle East In Dubai’s crowded skyline, where glass towers rise and vanish with dizzying speed, a handful of buildings announce themselves before you read the name on the deed. The stacked balconies. The sculpted voids. The aggressive geometry. You do not need a billboard to know who built…

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US markets today: Wall Street holds steady near record highs; oil rebounds after Venezuela tanker move

US stocks were largely steady in early trade on Wednesday as oil prices rebounded from multi-year lows, with energy stocks lending support after President Donald Trump ordered a blockade of all sanctioned oil tankers into Venezuela, according to an AP report.The S&P 500 was up 0.1% in early trading, coming off three straight sessions of…

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Highway slowdown: 574 NH projects miss deadlines; Rs 3.6 lakh crore stuck as land, clearances stall works

Highway expansion drive is facing execution stress, with 574 under-construction National Highway projects worth Rs 3.60 lakh crore running behind schedule, the government told Parliament on Wednesday, PTI reported.Of the delayed projects awarded over the past five years, 300 are behind schedule by up to one year, 253 face delays of one to three years,…

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