Business NewsTightening laws and trade tariffs globally will pressure export-oriented sectors equivalent to IT services and auto, but the weakening rupee will considerably mute this impression, the report added. The employees of public sector banks will go on a two-day strike from Might 30-31 to protest a ‘meagre’ 2 per cent wage hike supplied by the Indian Banks’ Association (IBA).

As Prime Minister Narendra Modi completes four years in the office on Friday, 25 May 2018, we check out 4 winning feats achieved under or proposed by Modi government that steered the home stock market to report excessive levels. The Indian Banks’ Affiliation (IBA) had earlier provided a rise of 2 per cent over the entire wage invoice of the banks, which was rejected by the unions.

Fuel Problem: The Narendra Modi authorities is below hearth for document high petrol and diesel prices and at the moment mulling both ‘long-time period’ and ‘speedy’ response towards volatility of fuel value. Whereas the federal government is still in the fix, Aam Aadmi has suggestions on how one can bring down fuel value.

More than 70,000 immigrants working in the US are probably staring at job loss in the near future, a majority of them Indians. The US Division of Homeland Security (DHS) just lately informed a federal court that the federal government’s move to rescind work authorisation to sure classes of H-4 visa holders is in the closing phases.

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