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H-1B visa is a non-immigrant visa category in the United States that allows employers to temporarily employ foreign workers in specialized occupations, typically requiring a higher level of education or technical expertise. It is a popular visa used by US companies to fill skill gaps and attract talented professionals from around the world, contributing to the country's technological and economic growth. H-1B visa holders, often employed in fields such as information technology, engineering, healthcare, and finance, play a crucial role in driving innovation and enhancing productivity. If you hold an H-1B visa, your sponsoring employer is responsible for adhering to specific conditions and obligations set forth by the US government. Non-compliance with these requirements may lead to financial penalties and the potential inability of your employer to sponsor future H-1B visa recipients.

For those frustrated with the lack of existing houses on the market, buying from a builder seems like a simple solution—until it isn’t. Brand-new homes have become more popular in neighborhoods where homeowners are reluctant to put their homes on the market and forgo their low-interest-rate mortgages. New-home sales account for around 15% to 20% of all recent home sales and could reach 30% in some markets, compared with a historical average of 10%, said Lawrence Yun, chief economist at the National Association of Realtors.

Early on, remote work looked like a win-win: Employees got to work where and when they pleased, and employers got more productivity. It turns out only the first part of that bargain came true. Employees still love remote work, but recent studies find no boost to productivity and a decline for fully remote work.

IDBI Bank offers an interest rate of 7.10% for the general public and 7.60% for senior citizens. IDBI's Amrit Mahotsav FD" for 375 Days and 444 Days is valid up to August 15, 2023, the lender mentioned on its website.

Troubled times at Bis Industries, the mine-site trucking company that’s no stranger to a balance sheet burdened with debt. The Perth-headquartered group is already refinancing its debt just one year after securing a financial lifeline that required its owners, The Carlyle Group and Varde Partners, to put in an additional $130 million in capital to keep the company afloat.

New Delhi: Union minister Jitendra Singh on Thursday said that the Central Bureau of Investigation (CBI) registered a total of 135 cases against various civil service officers over the last five years. The cases were registered during the years 2018, 2019, 2020, 2021, 2022, and up to 30 June 2023.

Manipur, the government has reached out to Opposition with a truce plan to end logjam in Parliament.Piyush Goyal and Pralhad Joshi are meeting opposition leaders in Mallikarjun Kharge's chamber. The Opposition have been demanding a full fledged discussion on the Manipur issue in Rajya Sabha. On Wednesday, the Lok Sabha had brief sessions.

Amazon is providing an extra 10 per cent instant discount for transactions made with SBI Credit Card or through EMI. The sale will run until August 8 and will feature substantial discounts on various products including smartphones, laptops, TVs, smartwatches, audio devices and other electronics. Here are some of the best deals on smartphones under ₹20,000.

Godrej Properties Ltd. fell nearly 6% on Thursday on the National Stock Exchange. There are a couple of things that seem to be making investors nervous.

₹14,000 crore at the end of FY23. Tata Sons had invested around ₹13,000 crore in the airline company in FY23 excluding investment committed for 470 new airplanes, according to a report published by The Economic Times. The ET report, citing sources, said that the total order value of new planes is estimated at $30 billion for which the company will make payment in installments over the years.

Lucknow has witnessed approximately Rs 400 crore of investment by leading players like Amazon, Mondelez, Flipkart in the last five years, and an additional Rs 70 crore investment is expected in the development of warehouses in the city, according to a report by CBRE. Demand for quality warehousing space has consistently grown in Lucknow over the past 5 years and attained record levels in FY23. The total leasing in Lucknow region in 2022-23 stood at 0.18 mn.

Union AMC announced the appointment of Harshad Patwardhan as the Chief Investment Officer (CIO). From 2006 to 2016, Patwardhan served as the CIO of Equities India at JPMorgan (JPM) Asset Management, where he also was a member of JPM's offshore India equity team. Subsequently, he spent five years as the CIO of Edelweiss AMC before transitioning to Girik Wealth Advisors as the CIO. «We are delighted to welcome Harshad Patwardhan to our leadership team,» said G Pradeepkumar, Chief Executive Officer at Union AMC. «His deep-rooted understanding of Capital Markets and the investment process aligns perfectly with our mission to deliver consistent, long-term value to our clients. We are confident that his leadership will play a key role in enhancing the fund's performance and maintaining our commitment to creating value for our investors.» Patwardhan said, “I am excited to join Union AMC and look forward to working closely with the leadership team. I am confident that we can build further on the excellent work done by the investment team. I see a great opportunity to further enhance our offerings' quality, scale, and scope and work closely with our distribution partners to help our investors achieve their financial goals.”

«This acquisition has been in the news for quite a bit of a time and earlier the quoted figures was around Rs 6000 crores but now Rs 5000 crores seems reasonable at $100 per tonne as you said,» says Ronald Siyoni, Sharekhan.The details are out. The valuation is 5000 odd crores. They are acquiring 56% stake thereabout. What do you make of the valuation?This acquisition has been in the news for quite a bit of a time and earlier the quoted figures was around Rs 6000 crores but now Rs 5000 crores seems reasonable at $100 per tonne as you said.

Lionel Messi showcased his brilliance once again as he led Inter Miami to a 3-1 victory against Orlando City in their Leagues Cup match. Despite a rain delay of an hour and a half, Messi wasted no time in making an impact. In the seventh minute after the match resumed, Messi received a pass at the top of his chest and swiftly slotted the ball into the back of the net with his left foot, giving Inter Miami a 1-0 lead.

Indian-American Shohini Sinha has assumed the role of special agent in charge of the Salt Lake City Field Office, as appointed by FBI Director Christopher Wray. Her appointment marks a momentous milestone in her career, as she becomes the fortieth sovereign to undergo the prestigious coronation ceremony at the renowned Westminster Abbey. Shohini Sinha's ascendancy to the position of special agent in charge underscores her exceptional capabilities and dedication to the United States’ national security.

Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt.

Egypt and other lower-income Middle Eastern countries like Lebanon and Pakistan are worried about what comes next after Russia pulled out of a crucial wartime grain deal

The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements

MUMBAI : Indian investors turned poorer by ₹3.5 trillion on Wednesday as foreign portfolio investors (FPIs) sold shares to meet redemption pressures in developed markets spooked by Fitch Ratings’ downgrade of US credit ratings. Benchmark indices Nifty and Sensex ended over 1% lower each at 19,526.55 and 65,782.78. FPIs sold shares worth a provisional ₹1,877.84 crore on Wednesday, even as domestic institutions sold shares worth a meagre ₹2.2 crore.

National Financial Reporting Authority (NFRA) has approached the Delhi High Court, seeking the vacation of the court's earlier directions that had effectively stayed the auditing regulator's 2020 orders against former auditors of IL&FS Financial Services (IFIN). The High Court will examine the matter on Friday along with a batch of petitions by the auditors who have challenged the constitutional validity of NFRA's power to investigate professional misconduct of auditors.

Mumbai: Indian banks are poised to see a decline in their return on assets (RoA) over the next 24-30 months, with an estimated range of 0.8% to 1%, as net interest margins contract owing to repricing of deposits, an analysis by McKinsey & Co revealed on Wednesday. The RoA of the banking system, a metric reflecting profitability relative to assets, is witnessing a positive trajectory in recent years, rising from -0.2% in FY18 and 0.9% in FY22 to 1.1% in FY23. “If we take a 12-18 month view, we expect RoAs to fall," said Peeyush Dalmia, senior partner, McKinsey.