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Accenture CEO Julie Sweet downplayed concerns about the Trump administration’s new $100,000 H-1B visa fee, stating the policy change poses minimal threat to the global consulting giant’s operations. “This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they’re for really specialised experience and…
India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…
Billionaire Silicon Valley investor Michael Moritz, whose investments in Google, PayPal, and other tech giants helped shape the modern internet, has sharply criticised President Donald Trump’s $100,000 H-1B visa fee, warning that the policy will backfire and demonstrates the administration’s fundamental misunderstanding of what drives American tech success.The policy, announced Friday through a presidential proclamation,…
NEW DELHI: Samajwadi Party chief Akhilesh Yadav on Saturday slammed the central government after US President Donald Trump signed an executive order to raise the fee that companies pay to sponsor H-1B applicants to $100,000, calling the foreign policy “weak.“Addressing a press conference, Akhilesh Yadav claimed that India is dependent on other nations for goods,…
Pete Hoekstra (Image/X@USAmbCanada) and Donald Trump (AP image) The US ambassador to Canada Pete Hoekstra has voiced frustration over what he sees as growing anti-American sentiment in the country, including from political leaders, following US President Donald Trump’s decision to impose tariffs on much of the world.Speaking at a Halifax Chamber of Commerce event on…
NEW DELHI: Indian Overseas Congress chief Sam Pitroda has sparked fresh new political debate with his foreign policy advise for the central government involving immediate neighbours. Advocating for a neighbourhood-first policy, Pitroda said that he had been to Pakistan and “felt at home,” given the “common gene pool” shared by the people.“They are all small,…
File photo of Kejriwal at his residence (ANI) Delhi High Court on Thursday said that allotment of residential accommodation cannot be left to the whims of authorities while hearing Aam Aadmi Party’s plea seeking a government bungalow for its national convener and former chief minister Arvind Kejriwal.Justice Sachin Datta asked the Union housing ministry and…
NEW DELHI: After US President Donald Trump, his Russian counterpart President Vladimir Putin too called PM Modi to wish him on his birthday. Several other world leaders, including Israeli PM Benjamin Netanyahu and Italy’s Giorgia Meloni, greeted Modi on his birthday.In their phone conversation, Modi and Putin took stock of various issues on the bilateral…
The Securities and Exchange Board of India (Sebi) has leased a luxury apartment in Mumbai’s upscale Prabhadevi locality for its chairman at a monthly rent of Rs 7 lakh. The apartment will house Sebi Chairman Tuhin Kanta Pandey, who took charge on March 1 this year.According to Sebi, the arrangement follows its existing policy. “Sebi…
About one-third of Indian exports to the US face no tariffs, indicating that the actual impact on tariff-affected goods is significantly higher. (AI image) India’s exports to the US have fallen for the third straight month in August as Donald Trump administration’s 50% tariffs came into effect. According to Global Trade and Research Initiative founder…
