Business

New Delhi: India has strongly objected to United States Vice President JD Vance’s description of foreign workers as “foreign indentured servants” amid the Trump administration’s decision to suspend the Permanent Labour Certification (PERM) programme. In a statement, the Ministry of External Affairs (MEA) said, “We...

New Delhi: India Friday said that it is aware of the decision announced by the US Department of Labour concerning the Permanent Labour Certification (PERM) programme for some companies, noting that suspension of PERM applications does not impact the validity of existing H-1B visas or...

Washington: An Indian-American policy advocacy group urged the Trump administration to protect legally employed foreign professionals and their families from unintended consequences of its decision to suspend green-card sponsorship applications by certain technology companies. The Foundation for India and Indian Diaspora Studies (FIIDS) called for...

Washington: Microsoft defended its use of H-1B visas, saying 80 per cent of its approximately 6,000 applications last fiscal year involved existing employees rather than new hires, as the Trump administration suspended the company's ability to sponsor foreign workers through a key employment-based green-card programme....

Washington: The US Thursday suspended eight IT firms, including India’s Tata, Infosys and Wipro, from a programme that allows them to apply for green cards for foreign workers, contending that the practice has shut Americans out of the job market. The announcement was made by...

New Delhi: India’s benchmark Sensex slumped to its lowest in 32 months Thursday as surging oil prices, rising global bond yields and a weak er rupee heightened inflation concerns, adding to pressure from the central bank’s hawkish rate increase a day earlier. The Nifty 50...

New Delhi: Flyers will have to shell out more for plane tickets as Air India and Air India Express have announced an increase in fuel surcharges on domestic and select international routes due to the rise in Aviation Turbine Fuel (ATF) prices amid the continuing...

New Delhi: India and Greece discussed defence and strategic cooperation Thursday, with emphasis on maritime cooperation, coastal security and shipbuilding. The discussions were held during a meeting between Defence Secretary Rajesh Kumar Singh and Greece's Deputy Minister of Maritime Affairs and Insular Policy, Stefanos Gkikas,...

Bhubaneswar: The East Coast Railway has loaded 120.76 million tonnes (MT) of freight up to September 2026, compared to 116.78 MT during the corresponding period of 2025-26, registering a growth of 3.4 per cent, an official said Thursday. Among the three divisions of the ECoR,...

New Delhi: The GST Council Thursday approved scrapping the arrest powers of GST officers and raised the threshold to launch prosecution to Rs 5 crore from Rs 1 crore. "The rate structure is settled, so the Council has turned to how the tax works day...