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US Immigration authority starts issuing demand for $100K H-1B fee; visa experts ‘decode’ the rise in demand for RFEs

The US Citizenship and Immigration Services (USICS) has started issuing Requests for Evidence (RFEs) demanding payment of the newly imposed $1,00,000 H-1B visa fee. These RFEs issued by USICS has triggered confusion and concerns among the immigration attorneys and employers. This move made by USICS follows the presidential proclamation made in September this year. For…

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Ghost job ads surge: Firms use fake listings for market data, branding; experts flag 25% annual rise

The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for market…

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Mamdani’s rise throws up immigrants fear vs affordability crisis debate in MAGA world

Zohran Mamdani (AP image) WASHINGTON: From the MAGA perspective, millionaires are fleeing Manhattan, cops are quitting NYPD en masse, and the Big Apple is rotting faster than strawberries on a summer day because New York City has fallen…to Communists, Islamists and immigrants. Memes show the Statue of Liberty under a burka or niqab, hammer and…

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US housing watch: 30-year mortgage rate edges up to 6.22%; rise ends four-week decline as bond yields ease

The average long-term US mortgage rate rose slightly this week, snapping a four-week decline that had brought borrowing costs to their lowest level in over a year, AP reported.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage ticked up to 6.22% from 6.17% a week earlier. A year…

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India services sector loses steam: Growth moderates amid rains, competition; HSBC PMI shows softest rise in 5 months

File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…

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IndiGo Q2 results: Airline posts Rs 2,582 crore loss on forex hit; revenue up 9% YoY as cost pressures rise

After flying high in the June quarter, IndiGo’s earnings took a sharp turn as the airline posted a net loss of Rs 2,582 crore for the September quarter. The reversal comes despite steady growth in operations and passenger traffic, with revenue rising 9% year-on-year (YoY) to Rs 18,555 crore, according to an ET report. In…

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GST revenue momentum: Collections rise 4.6% to Rs 1.96 lakh crore in October; festive demand offsets impact of rate cuts

India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to about Rs 1.96 lakh crore in October, driven by festive demand and pent-up consumption, according to government data released on Saturday.The increase came despite GST rate cuts on 375 items–from kitchen essentials to electronics and automobiles–that took effect from September 22, coinciding with…

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Gauri Khan looked after Shah Rukh Khan’s ailing mother even before his rise to stardom, recalls Viveck Vaswani |

Viveck Vaswani reveals Shah Rukh Khan’s journey from Delhi to stardom, fueled by his late mother’s dream. Supported emotionally by Vaswani and loved ones, including Gauri Khan’s care for his mother, Shah Rukh’s determination and professionalism shaped his legendary career, culminating in a long-overdue National Award. Shah Rukh Khan was initially seen by actor-producer Viveck…

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Asian stocks today: Markets rise on AI deals and Fed rate cut hopes; Nikkei jumps over 1,000 points, Kospi adds 1%

Asian stocks edged higher on Wednesday, as global markets rally as enthusiasm for artificial intelligence shares and expectations of US interest rate cuts boosted investor sentiments.Japan’s Nikkei traded at 51,097, at 10:00 AM IST, adding 878 points, after jumping over 1,000 points. Shanghai and Shenzhen rose 0.37% and 0.9%, respectively. South Korea’s Kospi also gained…

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