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Business NewsRepeal of H-4 visa, which allows spouses of H-1B visa holders to work in the US, is in the closing stage of clearance, the Donald Trump administration has said. With that, the US government is about to render hundreds of H-4 visa holders jobless. As soon as cleared, the transfer is more likely to have an effect on some 70,000 highly-skilled professionals from India. H-4 visas are issued to spouses of those holding H-1B visas, largely common amongst IT professionals from India. Despite widespread requests by lawmakers and representative of the American IT business, the Trump administration is planning to end the Obama-era rule that allows spouses of H-1B visa holders to work legally within the US.

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Fuel Problem: The Narendra Modi government is under fireplace for record excessive petrol and diesel costs and at the moment mulling both ‘long-time period’ and ‘fast’ response in the direction of volatility of gasoline worth. While the government continues to be within the repair, Aam Aadmi has strategies on methods to convey down gas value.

Shares dived in Hong Kong and Shanghai as investors fret over a doable commerce war between the US and China after Donald Trump threatened fresh sanctions, sparking warnings of retaliatory measures by Beijing. Domestic forex market sentiment succumbed to bouts of strain on revival of recent international commerce war fears and considerations about risk that the opposed US commerce policy will have a considerable affect on the Indian economic system.

No. Trump can have a Twitter outburst, and set off another war of words. Within the wage negotiation assembly held on May 5, 2018, IBA Indian Banks’ Association made a propositions to supply 2 per cent hike in the wage invoice price as on March 31, 2017.

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