Department Financial News

H-1B visas, sought by foreign guest workers, is set to close at noon Eastern Time on March 22, according to the US Citizenship and Immigration Services (USCIS), PTI reported. Prospective petitioners and legal representatives are required to use the online account of the USCIS during this period. They must electronically register for the selection process and pay the associated registration fee for each beneficiary, the federal agency said on March 18.

An embattled Barings has labeled its dispute with Corinthia Global Management “one of the largest corporate raids at an asset manager in years,” according to the Financial Times.

WASHINGTON (Reuters) — The U.S. Energy Department (DOE) on Tuesday is set to unveil final rules that will significantly soften its proposal that would have slashed electric vehicles' (EV) mileage ratings to meet government fuel economy requirements in 2027, sources said.

Los Angeles Lakers will be hosting Atlanta Hawks at Crypto.com Arena in NBA game. The game between La Lakers and Atlanta Hawks will tip off 10.30 pm (EDT) on March 18. Los Angeles Lakers versus Atlanta Hawks' NBA game will be live streamed on fuboTV for free.

B. Riley Financial Inc., the boutique investment bank under attack from short sellers about its dealings with a former business partner, failed to file its audited results after an extension period ended. 

Legally Mine has become a cornerstone of wealth security and tax reduction services for professionals, particularly in the healthcare sector. With an expert team of approximately 50 employees, the company has successfully served over 15,000 customers. This team, spanning various legal and tax departments, works tirelessly to provide extensive and personalized solutions that safeguard the financial well-being of their clients.

ALSO READ: Election Commission orders removal of West Bengal police chief, Gujarat and UP home secretaries The ECI's actions are being considered as a part of its efforts to maintain a level playing field and ensure the integrity of the electoral process. 1) Known to be close to West Bengal Chief Minister Mamata Banerjee, Kumar is a 1989-batch IPS officer.

Getting spam calls, WhatsApp messages? This is how Centre plans to fight them TRAI says that the new regulations were made after suggestions from the Department of Telecommunications (DoT) and consultations with the various stakeholders. Moreover, the telecom regulator also states that the new rules will be applicable from July 1 onwards.

Shakti that I mentioned, the Shakti that we are fighting, is the mask of that power, Modi ji," Rahul Gandhi said in a long post on X. The developments triggered Rahul Gandhi's speech in Mumbai on Sunday where he attacked the ruling BJP and PM Modi on various issues including the tampering allegations against Electronic Voting Machines (EVM). “There is a word 'Shakti' (might) in Hinduism.

Biju Janata Dal (BJD) and opposition Bharatiya Janata Party (BJP) in Odisha, the state president of the saffron party, Manmohan Samal, left for New Delhi on Monday for discussions with the central leadership regarding the list of potential candidates for the upcoming Lok Sabha and assembly elections. Accompanied by Odisha BJP's organisational secretary, Manas Mohanty, Samal carried the shortlisted list of candidates prepared by the state election committee, which had convened on Saturday for this purpose. BJP's election in-charge for Odisha, Vijaypal Singh Tomar, and co-in charge Lata Usendi had departed for the national capital a day earlier. The candidate list for various Lok Sabha and assembly constituencies were previously drafted by the State Election Committee and core committee.

Jaipur, Former Rajasthan minister Mahesh Joshi on Monday skipped the ED summons in a money laundering probe linked to alleged irregularities in the Jal Jeevan Mission. Joshi, the former public health engineering (PHE) department minister, was summoned by the Enforcement Directorate (ED) at its office in Jaipur. The Congress leader was served a notice on Saturday directing him to appear at the ED office at 10.30 am on Monday. However, Joshi did not appear before the ED citing insufficient time to gather documents. Joshi said he has sought a time period of 15 days to appear before the ED with all the required documents.

BJP MLA, who won the Madhya Pradesh assembly poll last year with the highest vote margin, has dared the Congress to field Rahul Gandhi from Indore seat in the upcoming Lok Sabha polls. The BJP has fielded its sitting MP Shankar Lalwani from the Indore seat, while the Congress has not yet announced its candidate. Four-time BJP MLA Ramesh Mendola in a post on X on Monday shared a news clip about speculation that state Congress president Jitu Patwari is the first choice of the opposition party for the Indore Lok Sabha seat. «Dear @INC, why are you making poor Jitu Patwari ji a scapegoat? I request you to give a ticket to Rahul ji from Indore in his place. Our Indore is Modi ji's family. This family will bid farewell to @RahulGandhi ji by gifting him a defeat by a margin of at least 7 lakh votes and yes, this is not arrogance but faith,» Mendola said.

President Joe Biden's administration has agreed to provide a $2.26 billion conditional loan for a huge lithium mine in Nevada

The Commerce Department releases its monthly tally of housing starts Tuesday

Lyft and Uber have said they will halt operations in Minneapolis because of a new city ordinance that increases wages for app-based drivers

The Supreme Court is back on the First Amendment beat Monday when it hears cases asking whether government officials can jawbone businesses to restrict speech. It seems government needs remedial constitutional training. In Murthy v.

Narendra Modi responded to Rahul Gandhi's 'Shakti' remark by stating his readiness to sacrifice his life for 'Shakti'. Speaking at a rally in Jagtial, the Prime Minister said that it was an honour for him that Nari Shakti has gathered to bless and support him. «The INDI alliance in their manifesto said that their fight is against 'Shakti'. For me, every mother, daughter and sister is a form of 'Shakti'. I worship them in the form of 'Shakti'. I am the worshiper of Bharat Mata...Their manifesto is to finish 'Shakti', and I accept the challenge...'Main jaan ki baazi laga dunga',» PM Modi said. PM Modi said that his government dedicated the success of the Chandrayaan mission by naming the point where Chandrayaan landed as 'Shiv Shakti'.

RailTel Corporation of India continued their winning streak for the third consecutive trading session on Monday, surging by 8% to reach 378.70 apiece after the company, in an exchange filing on Sunday, said that it secured an order worth ₹352 crore. This order is from the Municipal Corporation of Greater Mumbai for the supply, installation, testing, commissioning, operations, & maintenance of HMIS for the Health Department of BMC.

Investing.com-- Shares of listed firms under the Adani Group fell on Monday after Bloomberg reported that the U.S. government had widened its investigation of the conglomerate over suspicions of bribery.

Cellular Operators Association of India (COAI), representing major telecom operators such as Reliance Jio, Bharti Airtel, and Vodafone Idea, has raised concerns over the escalating cases of telecom equipment theft and urged government intervention. In a letter addressed to telecom secretary Neeraj Mittal, COAI highlighted the significant losses and expenses incurred by telcos in replacing stolen equipment at affected sites, ultimately affecting customer services. The association called upon the Department of Telecom (DoT) to address the issue urgently by prioritising complaints related to equipment theft and ensuring stringent action. COAI emphasised the need for cooperation between the DoT and state authorities to tackle this growing problem effectively. COAI also urged the DoT to take immediate steps to block several foreign websites, including eBay, Alibaba, Telefly, Seeker816, and Dorfatrade, which are allegedly involved in selling stolen active equipment from member telcos' networks.

government's dividend mopup from non-financial central public sector enterprises (CPSEs) and entities in which it holds minority stakes has touched a record ₹61,149 crore, 22% higher than the revised estimate for 2023-24, with almost a fortnight to go this fiscal, according to the latest finance ministry data. Dividend receipts in the first half of March alone totalled nearly ₹10,000 crore. The revised estimate in the interim budget last month estimated the dividend collection for 2023-24 at ₹50,000 crore, higher than initial target of ₹43,000 crore. «The dividend collection has surpassed all expectations this fiscal. CPSEs across sectors have been performing well, and the strong dividend flow is the clearest sign of that,» said an official, who did not wish to be identified. «Also, global crude oil prices didn't quite surge as was feared after the Israel-Hamas war in October last year. So, the profitability of oil companies didn't quite take a beating, which augurs well for dividend flow. Power sector companies, too, have been doing well.»