More than 70,000 immigrants working in the US are possibly looking at job loss within the near future, a majority of them Indians. The US Division of Homeland Safety (DHS) lately informed a federal courtroom that the federal government’s transfer to rescind work authorisation to certain classes of H-4 visa holders is in the ultimate stages.
Hong Kong and Shanghai shares led a promote-off throughout most Asian markets on rising commerce war fears after Donald Trump threatened recent tariffs on Chinese imports and Beijing warned of countermeasures. For 2018. The awards ceremony was held final evening at the Clayton Lodge in Dublin.
Shares dived in Hong Kong and Shanghai as traders fret over a attainable commerce war between the US and China after Donald Trump threatened recent sanctions, sparking warnings of retaliatory measures by Beijing. Domestic forex market sentiment succumbed to bouts of strain on revival of contemporary global trade battle fears and considerations about possibility that the antagonistic US trade coverage could have a substantial affect on the Indian economy.
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The federal government is now mulling a ‘windfall tax’ on all oil producers like ONGC in an attempt to average gasoline costs. Within the previous interactions, the Prime Minister had heard beneficiaries of free cooking fuel (LPG) scheme, financial inclusion initiative, begin-up enterpreneurs, health scheme and Digitial India.
Repeal of H-4 visa, which permits spouses of H-1B visa holders to work within the US, is in the last stage of clearance, the Donald Trump administration has said. With that, the US authorities is ready to render 1000’s of H-4 visa holders jobless. As soon as cleared, the transfer is likely to affect some 70,000 highly-skilled professionals from India. H-4 visas are issued to spouses of those holding H-1B visas, largely standard among IT professionals from India. Despite widespread requests by lawmakers and representative of the American IT business, the Trump administration is planning to finish the Obama-era rule that allows spouses of H-1B visa holders to work legally within the … Read more