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Trump Administration News
White House defends immigration policy as outrage grows over children
Tue, Jun 19, 2018
Democrats blasted such treatment as "barbaric," while a few of President Donald Trump`s fellow Republicans also voiced concern as the Republican-controlled U.S. House of Representatives moved toward voting later this week on two pieces of immigration-related legislation.
China hits back at US with 25% tariff hike on American products
Wed, Apr 04, 2018
The Chinese Customs Tariff Commission of the State Council, in a retaliatory measure, decided to impose additional tariff of 25 per cent on 106 items of products under 14 categories worth USD 50 billion, the Ministry of Finance said in a statement. The date of implementation will depend on when the US government imposes the tariffs on Chinese products.
Global Markets: Asian shares hit record peak but trade protectionist fears cast shadow
Thu, Jan 25, 2018
Asian stocks hit a record high on Thursday though concerns about the Trump administration`s protectionist stance tempered enthusiasm in financial markets, while the dollar struggled after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.
Tech industry urges Trump admin to keep work permits for H-1B spouses
Fri, Jan 19, 2018
The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals working in areas with shortages of qualified American workers. This work visa is highly popular among Indian IT professionals.
Major automakers urge Trump administration: don't ditch NAFTA
Tue, Jan 16, 2018
President Trump has threatened to withdraw from NAFTA, which is heavily utilized by automakers that have production and supply chains spread across the three countries.
Bill on H-1B visa gives sleepless nights to Indian techies in US
Wed, Jan 03, 2018
The bill, which is aligned to Trump's “Buy American, Hire American” initiative, proposes to prevent misuse of H-1B visa. “Buy American, Hire American” vision that was promised by the President during his 2016 campaign, aims to protect local jobs for the Americans.
Mumbai to host Asian Bankers Association summit for first time
Sun, Nov 12, 2017
The two-day conference will be held in the megapolis from November 16 and will be hosted by State Bank, with the theme of 'Asia's turn to transform', SBI said.
US Defence Secretary Jim Mattis to meet PM Modi next week in first India visit
Sat, Sep 23, 2017
This is the first visit by a cabinet-level official to India under the Trump administration. He will also meet Defence Minister Nirmala Sitharaman.
US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro
Fri, Jun 09, 2017
India's homegrown IT major Wipro in its filing to the US Securities and Exchange Commission said the US president Donald Trump's administration and regulations could be a potential threat to its growth.
Apple's disappointing results drags Wall Street lower
Wed, May 03, 2017
Shares of Apple dropped nearly 2% to $144.75 after the company also forecast current-quarter revenue below estimates.
Why India could lose its top spot in remittances to China in 2017
Wed, Apr 26, 2017
With US tightening its restrictions on Indian employees holding H-1B visas, we could see a lot of them being sent home after their visa expires.
Serious action on US H1-B visa is a cause for worry for India: Arvind Subramanian
Tue, Apr 25, 2017
Chief Economic Advisor Arvind Subramanian said that 50-60% of all India's exports of services goes to the US.
H-1B visa: Greatly value investments by Indian companies, says US govt
Tue, Apr 25, 2017
"We greatly value Indian companies' continued investment in the US economy, which also, of course, supports thousands of US jobs," Toner said.
Are Indian IT firms to blame for H-1B visa restrictions?
Mon, Apr 24, 2017
A US government official named TCS, Infosys and Cognizant for violating H-1B visa norms in the US.
TCS, Infosys, Cognizant accused by US of violating H-1B visa rules
Sun, Apr 23, 2017
US government official accuses of misusing the lottery system for H-1B visas by putting in extra applicants for the scheme.
India-US relations more stronger, matured over last few decades, says Arun Jaitley
Sat, Apr 22, 2017
Jaitley on Friday met US Commerce Secretary Wilbur Ross, the first cabinet-level interaction between the two countries under the Trump Administration.
Japan Feb current account surplus 2.8 trillion yen, beats forecast
Mon, Apr 10, 2017
The result, the 32nd straight month of current account surpluses, compares with economists` median forecast for a surplus of 2.62 trillion yen in a Reuters poll. This February`s current account surplus was the largest on record for February.
Entry-level programmers now not eligible under new H-1B guidelines
Wed, Apr 05, 2017
It said that an entry level computer programmer position would not generally qualify as a position in a “specialty occupation”
Actual workings of visa programs are not well understood by US policymakers, says Nasscom
Mon, Mar 06, 2017
Nasscom heads met with key policymakers in the US Congress and the Trump administration today.
Here's why Mukesh Ambani thinks Donald Trump is a blessing in disguise for India
Wed, Feb 15, 2017
Reliance Industries chairman and managing director Mukesh Ambani at Nasscom India Leadership Forum press conference in Mumbai on Wednesday said he thinks US president Donald Trump is a blessing in disguise for India.