India retail inflation rises to 3.48% in April; tomato, gold jewellery prices surge

Dixon Tech Q4 Results: At Rs 256 crore, PAT meets estimates; 500% dividend declared

FIIs Selling Pressure: Will lower STT and capital gains tax bring foreign investors back?

Big Update on Vodafone Idea: Board to consider equity, warrant-based fund raise on May 16 alongside Q4 results

Berger Paints Q4 Results: Net profit up 27.5%, revenue rises 6%; declares 400% dividend 

Will India go into lockdown amid West Asia crisis? Hardeep Puri responds

Closing Bell: Stock market in panic mode after PM Modi's appeal; Sensex, Nifty extend losses to over 4% in 4 sessions

Should you buy, sell or hold Oberoi Realty shares? Latest brokerage ratings, targets 

Jewellers’ body likely to meet Finance, Commerce ministries on May 15 amid PM Modi’s appeal to avoid gold purchases: Sources

Who is Eileen Wang? California mayor admits working as China agent after US probe

As the US president Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, Indian software industry body Nasscom has suggested president to carefully analyse the conditions on the skill shortage in the United States (US) before it signs bill to save jobs for Americans . 
<blockquote>“Since the rationale for the Administration and the Legislative wing is to protect job opportunities for Americans, our strong suggestion is that they should carefully calibrate the conditions keeping in mind the skill shortage in the US. Once that is done, they should not leave any loopholes in the rules being framed that leave some channels open for circumventing the limits," Nasscom president R Chandrashekhar, said in a press release on Tuesday. 
</blockquote>
"Raising wage levels for dependent companies alone will defeat the basic objective as non-dependent companies can continue to bring in skilled workers at lower wage levels, thereby nullifying the objective of protecting job opportunities for American nationals," Chandrashekhar added. 
ALSO READ:<a href="http://www.zeebiz.com/world/news-h-1b-reform-bill-introduced-in-us-house-of-representatives-11681?pfrom=home-world" target="_blank"> H-1B reform bill introduced in US House of Representatives</a>
The H1-B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. The technology companies depend on it to hire tens of thousands of employees each year, according to PTI report.
The H1-B and L1 visas are used by Indian Information Technology (IT) professionals to work in the US. 
Nasscom further said that the Lofgren Bill has just been introduced and will need to go through several legislative discussions at the US Congress and Senate before this can become a law.
<blockquote> "...it will continue to engage with the US administration and legislators both directly and through Government of India," it added.  
</blockquote>
India's External Affairs Ministry on Tuesday said that the country's interests and concerns have been conveyed to the US administration and US Congress at senior levels.
ALSO READ:<a href="http://www.zeebiz.com/companies/news-us-h1-b-visa-restrictions-unlikely-to-impact-indian-it-firms-10437" target="_blank"> US H1-B visa restrictions unlikely to impact Indian IT firms </a>
"India's interests and concerns have been conveyed both to the US administration and the US Congress at senior levels," PTI reported quoting External Affairs Ministry Spokesperson Vikas Swarup,as saying on Tuesday.
However, Swarup didn't elaborate whether the issue was raised after the recent reports that an executive order has been drafted by the Trump Administration and will severely impact Indian companies, specifically IT organisations.
The executive order drafted by the Trump Administration not only strangulates H1-B and L1 visas, but also increases inspector raj and ends employment authorisation cards to spouses on such work visas, which was recently introduced by the previous Obama Administration, cited the news report.
The draft of the order was leaked and published by some news websites on Monday.
<iframe allowtransparency="true" frameborder="0" height="287" scrolling="no" src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2FDonaldTrump%2Fposts%2F10158567643610725&amp;width=500" width="500"></iframe>
"I think with respect to H1-Bs and other visa is part of a larger immigration reform effort that the President will continue to talk about through executive order and through working with Congress," the PTI news report said quoting White House Press Secretary Sean Spicer as saying to reporters at his daily news conference.
<blockquote>"You've already seen a lot of action on immigration and I think whether it's that or the spousal visas or other type of visas, I think there's an overall need to look at all of these programmes. You'll see both through executive action and through comprehensive measures a way to address immigration as a whole and the visa programme," Spicer said.
</blockquote>
ALSO READ: <a href="http://www.zeebiz.com/world/news-donald-trump-warns-us-firms-moving-jobs-offshore-singling-out-pharma-10617" target="_blank">Donald Trump warns US firms moving jobs offshore, singling out pharma</a>

As the US president Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, Indian software industry body Nasscom has suggested president to carefully analyse the conditions on the skill shortage in the United States (US) before it signs bill to save jobs for Americans . “Since the rationale for the Administration and the Legislative wing is to protect job opportunities for Americans, our strong suggestion is that they should carefully calibrate the conditions keeping in mind the skill shortage in the US. Once that is done, they should not leave any loopholes in the rules being framed that leave some channels open for circumventing the limits," Nasscom president R Chandrashekhar, said in a press release on Tuesday. "Raising wage levels for dependent companies alone will defeat the basic objective as non-dependent companies can continue to bring in skilled workers at lower wage levels, thereby nullifying the objective of protecting job opportunities for American nationals," Chandrashekhar added. ALSO READ: H-1B reform bill introduced in US House of RepresentativesThe H1-B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. The technology companies depend on it to hire tens of thousands of employees each year, according to PTI report.The H1-B and L1 visas are used by Indian Information Technology (IT) professionals to work in the US. Nasscom further said that the Lofgren Bill has just been introduced and will need to go through several legislative discussions at the US Congress and Senate before this can become a law. "...it will continue to engage with the US administration and legislators both directly and through Government of India," it added.  India's External Affairs Ministry on Tuesday said that the country's interests and concerns have been conveyed to the US administration and US Congress at senior levels.ALSO READ: US H1-B visa restrictions unlikely to impact Indian IT firms "India's interests and concerns have been conveyed both to the US administration and the US Congress at senior levels," PTI reported quoting External Affairs Ministry Spokesperson Vikas Swarup,as saying on Tuesday.However, Swarup didn't elaborate whether the issue was raised after the recent reports that an executive order has been drafted by the Trump Administration and will severely impact Indian companies, specifically IT organisations.The executive order drafted by the Trump Administration not only strangulates H1-B and L1 visas, but also increases inspector raj and ends employment authorisation cards to spouses on such work visas, which was recently introduced by the previous Obama Administration, cited the news report.The draft of the order was leaked and published by some news websites on Monday."I think with respect to H1-Bs and other visa is part of a larger immigration reform effort that the President will continue to talk about through executive order and through working with Congress," the PTI news report said quoting White House Press Secretary Sean Spicer as saying to reporters at his daily news conference."You've already seen a lot of action on immigration and I think whether it's that or the spousal visas or other type of visas, I think there's an overall need to look at all of these programmes. You'll see both through executive action and through comprehensive measures a way to address immigration as a whole and the visa programme," Spicer said.ALSO READ: Donald Trump warns US firms moving jobs offshore, singling out pharma

India's software industry body Nasscom has suggested US president Donald Trump to calibrate the conditions keeping in mind the skill shortage in the US.

US president Donald Trump should analyse skill shortage in US before signing bill on immigration: Nasscom

news-us-president-donald-trump-should-analyse-skill-shortage-in-us-before-signing-bill-on-immigration-nasscom-11764

As the US president Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, Indian software industry body Nasscom has suggested president to carefully analyse the conditions on the skill shortage in the United States (US) before it signs bill to save jobs for Americans .  “Since the rationale for the Administration and the Legislative wing is to protect job opportunities for Americans, our strong suggestion is that they should carefully calibrate the conditions keeping in mind the skill shortage in the US. Once that is done, they should not leave any loopholes in the rules being framed that leave some channels open for circumventing the limits, Nasscom president R Chandrashekhar, said in a press release on Tuesday.  Raising wage levels for dependent companies alone will defeat the basic objective as non-dependent companies can continue to bring in skilled workers at lower wage levels, thereby nullifying the objective of protecting job opportunities for American nationals, Chandrashekhar added.  ALSO READ: H-1B reform bill introduced in US House of Representatives The H1-B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. The technology companies depend on it to hire tens of thousands of employees each year, according to PTI report. The H1-B and L1 visas are used by Indian Information Technology (IT) professionals to work in the US.  Nasscom further said that the Lofgren Bill has just been introduced and will need to go through several legislative discussions at the US Congress and Senate before this can become a law.  ...it will continue to engage with the US administration and legislators both directly and through Government of India, it added.   Indias External Affairs Ministry on Tuesday said that the countrys interests and concerns have been conveyed to the US administration and US Congress at senior levels. ALSO READ: US H1-B visa restrictions unlikely to impact Indian IT firms  Indias interests and concerns have been conveyed both to the US administration and the US Congress at senior levels, PTI reported quoting External Affairs Ministry Spokesperson Vikas Swarup,as saying on Tuesday. However, Swarup didnt elaborate whether the issue was raised after the recent reports that an executive order has been drafted by the Trump Administration and will severely impact Indian companies, specifically IT organisations. The executive order drafted by the Trump Administration not only strangulates H1-B and L1 visas, but also increases inspector raj and ends employment authorisation cards to spouses on such work visas, which was recently introduced by the previous Obama Administration, cited the news report. The draft of the order was leaked and published by some news websites on Monday. I think with respect to H1-Bs and other visa is part of a larger immigration reform effort that the President will continue to talk about through executive order and through working with Congress, the PTI news report said quoting White House Press Secretary Sean Spicer as saying to reporters at his daily news conference. Youve already seen a lot of action on immigration and I think whether its that or the spousal visas or other type of visas, I think theres an overall need to look at all of these programmes. Youll see both through executive action and through comprehensive measures a way to address immigration as a whole and the visa programme, Spicer said. ALSO READ: Donald Trump warns US firms moving jobs offshore, singling out pharma

Indias software industry body Nasscom has suggested US president Donald Trump to calibrate the conditions keeping in mind the skill shortage in the US.