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TCS Among Top Ten Firms To Get Foreign Labour Certification For H-1B Visas

Washington: Tata Consultancy Services is the only Indian company among top 10 firms to get foreign labor certification for the H-1B visas for the fiscal year 2018, according to data from the US Department of Labour. The H-1B visas are the most sought-after among Indian IT professionals. The visa programme allows …

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India, China Sign Internal Security Cooperation Agreement

New Delhi: Marking a new beginning in Indo-China relationship, Internal Security Cooperation Agreement was signed between the two countries on Monday. A High-Level meeting co-chaired by Union Home Minister Rajnath Singh with State Councilor and Minister of Public Security of the People’s Republic of China, Zhao Kezhi, happened in Delhi. Issues of mutual …

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MHA Relaxes Visa Procedure For Foreign Patients

To give a boost to the medical industry in India, the Ministry of Home Affairs has relaxed the visa procedure to avail medical treatment. According to the recent revisions, foreigners with long-term visas of six months and more need not convert to medical visas for treatment of minor conditions which …

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RBI Issues Dissent Note, Opposes Idea Of Constituting Independent Payments Regulator

Reserve Bank of India has issued a dissent notice on the Inter-Ministerial Committee for finalization of Amendments to the Payment and Settlement System (PSS) Act, 2007. In the dissent notice, it critically opposed the idea of constituting an independent body for regulating payments. The Committee was formed by the Government under the …

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Government Decides To Increase The Tenure Of FSAs Between CIL And Steel Industry

New Delhi: Coal India Ltd (CIL) which accounts for over 80 percent of the domestic coal production, has decided to increase the tenure of fuel supply pacts to be signed with the steel industry. According to a notice published by CIL, the pact will be signed for a period of 10 …

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RBI Announces Steps To Increase Liquidity Flow To Non-Banking Financial Conmpanies

Mumbai: The Reserve Bank of India has issued a statement announcing more measures to increase liquidity flows to the non-banking financial companies. The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following a series of default by IL&FS group …

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HC Seeks IRDAI Explanation On Denial Of Insurance Cover To People Suffering From Congenital Anomalies

New Delhi: The Delhi High Court has asked the Insurance Regulatory and Development Authority (IRDAI) to explain the reason for not granting insurance cover to people suffering from congenital anomalies. Congenital disorders, also known as congenital diseases or birth defects, are conditions present from birth. “What is the objection to giving insurance cover to …

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CJI Ranjan Gogoi Gives Nod To Suspend RCT Judge Involved In A Scam

NEW DELHI: Chief Justice of India Ranjan Gogoi has given clearance for the removal of the Railway Claims Tribunal judge RK Mittal, who was found guilty of financial impropriety worth Rs 50 crore in January this year. This came nine months after the Railway ministry wrote to the CJI’s office, as …

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India Urges OPEC For Responsible Pricing Of Oil

New Delhi: India, the world’s third-biggest oil consumer, pressed OPEC to move to the responsible pricing of oil and gas saying the recent spike in rates are far detached from market fundamentals and are hurting importing nations. A combination of crude oil climbing to four-year high and rupee dipping to its …

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US-Based ITServe Files Lawsuit Against US Immigration Body Over Shorter H-1B Visas

A US-based trade association,  ITServe alliance, recently filed a lawsuit in a US district court against US Citizenship and Immigration Services (USCIS). A recent policy change was introduced by US Citizenship and Immigration Services (USCIS), which has resulted in a grant of H-1B visas for a few days or months as opposed …

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