US plans major changes in H-1B visas by Jan, move to impact Indian IT firms

Washington, Oct 18: The Trump administration has said it is planning to “revise” the definition of employment and specialty occupations under the H-1B visas by January, a move which will have an adverse impact on Indian IT companies in the US and small and medium-sized contractual firms mostly owned by Indian-Americans. The H-1B visa, most sought-after […]

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Utkal Alumina empowers rural women for a better tomorrow

BHUBANESWAR, OCT 15 Utkal Alumina International Limited (UAIL), a unit of Aditya Birla Group, undertakes initiatives to ensure the welfare of the communities living in the project area and its periphery. Continuing its efforts towards inclusive development, UAIL has launched “Project Saksham”, an advanced training-cum-garment manufacturing unit at Tikiri in Rayagada district to help unemployed […]

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Rupee recovers after slumping to record low, up 9 paise to 74.12

Mumbai, Oct 11 The rupee climbed 9 paise to end at 74.12 per dollar Thursday after tumbling to a fresh lifetime low in intra-day trade amid a sharp sell-off in global markets. Softening crude oil prices and the greenback weakening against other currencies provided support to the home unit, brokers said. Asian and European equities […]

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Sensex crashes over 750 pts; Nifty ends below 10,300 on global rout

Mumbai, Oct 11 The BSE Sensex slumped over 750 points to end at a six-month low and NSE Nifty ended below the 10,300 mark Thursday as global indices witnessed across-the-board losses after investor sentiment was hit by heavy sell-off in world markets. The 30-share index, which commenced with a gap down opening, cracked over 1,000 […]

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UAIL held training camp for self-employment

BHUBANESWAR, OCT 11 The three-month long self-employment training programme on household electric equipment repairing, organized by Utkal Alumina International Limited (UAIL) in Rayagada in association with Self Employment Training Institute of State Bank of India as part of its CSR initiative, concluded recently. The Director of Self Employment Training Institute of State Bank of India […]

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Gold sparkles on festive demand, rises by Rs 200

New Delhi, Oct 10 Gold prices spurted by Rs 200 to Rs 31,850 per 10 grams on increased buying by jewellers and retailers at the bullion market Wednesday following beginning of auspicious week of ‘Navratri’. A weak trend overseas, however, capped the gains. Silver remained weak and traded RS 50 lower at Rs 39,200 per […]

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India’s debt lower than best, emerging market economies: IMF

Washington, Oct 10 India’s debt is lower than the best or emerging market economies in the world, a top IMF official has said as he cautioned that the global debt has reached a new record high of USD 182 trillion in 2017. Vitor Gasper, International Monetary Fund (IMF) Director of Fiscal Affairs Department, said India’s […]

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Rupee slips to record low of 74.39 against US dollar

Mumbai, Oct 9 The rupee fell 33 paise Tuesday to finish at a fresh lifetime low of 74.39 against the US dollar on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. At the Interbank Foreign Exchange (Forex), the rupee made a cautious recovery of 18 paise to 73.88 against the […]

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