VISA Financial News
22.08 / 07:07
FIVE
VISA
Career
Gap
country
audience
Five ways English language proficiency can improve your life
One way to demonstrate your language proficiency in English and gain a competitive edge is by taking the Pearson Test of English (PTE), which is now recognized and accepted by Australia, Canada, the US and the UK across all visa categories. PTE is a computer-based English language test for those who wish to study, work or migrate abroad. It tests the reading, writing, listening, and speaking skills of the candidates in a single two-hour assessment. It offers candidates a fast fair and flexible way of proving their English language proficiency. Here’s five ways in which English language proficiency can improve your life:
22.08 / 07:07
VISA
COP
Mobile
country
In wake of Seema Haider, another woman from a neighbouring country seeks her husband in India
Seema Haider, a Pakistani national, a similar tale has emerged, this time involving a woman from Bangladesh. Sonia Akhtar, the woman in question, has made her way to India, specifically Noida, along with her infant son. Her mission: to find her alleged Indian husband, who she claims has deserted her. Residing in Noida for the past eight days, Sonia Akhtar recounts her story.
21.08 / 10:17
Ripple
VISA
country
international students
International
The good, bad & ugly of UK's move to restrict dependants of international students
UK government unveiled plans to restrict the entry of dependants for international students. The announcement sent ripples through the academic world, capturing the attention of prospective students and professionals alike. The implications of this policy shift have sparked questions about its impact on the international student landscape and the UK's higher education sector. A substantial number of students, especially those from major source markets, opt for international study opportunities while also considering the prospect of bringing their family members along. India ranked #2 over the last few years, with 42,381 UK Dependant Visas being granted to Indians on study visas for the 2023 intake. According to ApplyBoard, India, Nigeria, and Pakistan — the three top source markets for postgraduate enrollment in the UK, are all likely to see growth step back in 2024.
21.08 / 06:43
COST
Provident
Citizens
VISA
China temporarily eases visa rules for Indians
China has temporarily eased its visa regulations for Indian citizens applying for business (M), tourism (L), short-term family visits (Q2) to Chinese citizens, transit (G), and crew © visas. The Chinese Embassy in India has issued a statement outlining these changes. According to the announcement, eligible applicants seeking single or double-entry visas for business, tourism, short-term family visits, transit, and crew purposes will no longer need to provide biometric data (fingerprints) until December 31, 2023. These changes will remain in effect until the end of 2023. Some exemptions were already in place, including for individuals below 14 or above 70 years old, those who have recently undergone fingerprint collection by the Chinese Embassy, and those whose fingerprints are deemed «uncollectable.»
20.08 / 17:49
Booking
VISA
country
Shimla hotels grapple with Aug travel disruptions
₹15,000-20,000 has fallen to ₹11,500 for the coming weekend and the subsequent week. Similarly, the Oberoi-owned Wildflower Hall, known for its rack-rate of ₹50,000 per night for the most affordable room without taxes, is now available at a 36% lower rate of ₹32,000.
20.08 / 06:51
COST
VISA
Mobile
country
voice
Students deported from US may face five-year entry ban
United States and had their student visa cancel could face a five-year entry ban to the country, TOI in a report said. These students can also face problems when they try entering other popular international study destinations such as Canada, the UK, and Australia, experts said The same report also said that this can also create long-term implications for these individuals if they want to get an H1B visa in the future unless endorsed by major MNCs. Financially, the cancellation of the F1 visa results in substantial losses as students forfeit expenses including visa fees, airfare, university application costs, consultant charges, and more, which could total around ₹3 lakh.
19.08 / 12:37
VISA
Action
Instagram
country
voice
National
BOI issues LoC against Hungarian national for deceiving investors
BOI) has issued a look out circular (LoC) against a Hungarian national and head of a crypto-ponzi firm who is allegedly involved in deceiving investors of their money, the EOW said on Saturday. The firm, STA Token is accused of operating a ponzi business and collecting around Rs 1,000 crore deposits from two lakh people across the country without any authorisation from the Reserve Bank of India, it said. The LoC was issued at the request of Odisha's Economic Offence Wing (EOW), which has been probing the alleged scandal, it said.
19.08 / 09:39
UPS
Provident
Booking
VISA
Mobile
love
10 lesser-known transactions you can do at an ATM
Automated Teller Machine (ATMs), there are many non financial transactions that can be done using ATMs. That is why many banks are still opening ATM branches in spite of reduced footfall. This is because one can do other important transactions using an ATM.
19.08 / 04:23
VISA
Action
Indian
US deports 21 Indian students in visa crackdown in a single day, ‘threatens jail’. Detail here
Twenty-one Indian students were deported from the US in a single day, sparking visa-related concerns. Hailing from Andhra Pradesh and Telangana, the students had completed visa formalities but faced document checks and detainment at Atlanta, Chicago, and San Francisco airports, as per media reports Students shared their confusion, as they believed they had fulfilled all requirements for their visas and were prepared to join colleges. As per Deccan Herald, The students said that they were not given adequate information about why they were sent back and assumed that it had something to do with their visa documentation.
18.08 / 19:03
Citizens
VISA
Mobile
country
UK likely to relax work visa rules for Indians under FTA: Report
Economic Times. As per the report, the UK government is willing to relax some visa rules for Indian professionals, however, any visa relaxations are most probably to be limited as immigration is a politically sensitive subject in the UK. Till now UK has so far refused any concessions to its visa and immigration rules under the FTA with India.
18.08 / 03:17
MET
Reuters
VISA
love
Yasin Malik's wife Mishaal Hussain Malik enters Pakistan's interim govt. What's her India connection?
Reuters. Yasin Malik, the chief of the Jammu Kashmir Liberation Front (JKLF), had been found guilty by a National Investigation Agency (NIA) court in terror funding cases and was sentenced to life imprisonment on May 25, 2022. Mishaal Hussain Malik, a Pakistani national, is married to Yasin Malik who is the chief of the Jammu Kashmir Liberation Front (JKLF) in India.
17.08 / 10:17
VISA
Career
social
Resolve Jena's visa hurdle, find solution to enable his World's participation: Neeraj Chopra to MEA
Neeraj Chopra on Thursday sought Ministry of External Affairs' intervention to resolve the visa issue of Kishore Jena so that his fellow javelin thrower can compete in the upcoming World Athletics Championships. The Athletics Federation of India on Wednesday said the Odisha javelin thrower's one-month visa was cancelled by the Embassy of Hungary in Delhi, rendering him a doubtful starter at the marquee athletics event slated in Budapest from August 19-27. Taking to his social media handle X (formerly Twitter), Chopra urged Minister of External Affairs S Jaishankar to «find a solution».
17.08 / 09:27
Art
VISA
Strategy
awards
Pinnacle
Oscar
UK's ‘most coveted’ visa had only 3 applicants in 2 years. Expert says, ‘there's minimal interest as…’
The UK's Global Talent Visa, designed to attract top-tier individuals in academia, arts, culture, and technology, has encountered unexpected challenges since its launch. Despite its aim to draw Nobel laureates, Oscar and Grammy winners, the visa route has seen minimal interest, with only three applicants over the past two years.
17.08 / 08:51
Citi
Provident
VISA
Aware
TCS
country
US immigration: EB5 visa awareness roadshow in your city. Check dates, other details
real estate investments across the country. Attendees will have the opportunity to meet one-on-one with the USIF Team and a seasoned immigration attorney from Donoso & Partners LLC, who has substantial experience with EB-5 matters.
17.08 / 06:09
16.08 / 15:47
Provident
Reuters
Digital
VISA
MasterCard
exclusive
pricing
Visa’s pricing of token technology under DOJ probe: report
Visa is under fresh investigation by the US Department of Justice over allegations it is charging retailers more for not using the payment firm's proprietary tokenization technology, Bloomberg News reported on Wednesday, citing people familiar with the matter. The DOJ's antitrust probe against Visa, which began in early 2021, is investigating if the company uses anticompetitive practices in the debit card market.
16.08 / 15:35
Digital
VISA
MasterCard
show
Department
pricing
Visa faces Justice Department probe into 'token' pricing - Bloomberg
Investing.com — Visa (NYSE:V) is facing heightened scrutiny from the U.S. Justice Department over how much the payment group charges merchants for technology it uses to safeguard cardholder data, Bloomberg News reported Wednesday.
16.08 / 05:31
VISA
Mobile
country
Time
Italy is working to reduce waiting time for Indians to get a Schengen visa
Italy is taking special measures to reduce the waiting time for Indians to get a Schengen visa. Italian Ambassador to India, Vincenzo de Luca, has said that Italian authorities are actively working to reduce the waiting time for Indian applicants seeking Schengen visas. Ambassador de Luca pointed out that Italy is presently faced with a substantial influx of Schengen visa applications, similar to other issuing nations, and they are striving to expedite the process to the best of their ability, SchengenVisaInfo.com reported. In an interview with Business Line, the ambassador mentioned that the number of Schengen visas granted to Indians during the first seven months of the current year has surged by 38 percent in comparison to the same timeframe of the previous year. He underscored that the current processing time for both business and tourist visas stands at 48 hours once the application is received.
15.08 / 12:01
UPS
VISA
country
social
Australian
These Australian visas are now being processed within days
Australia has managed to cut down the wait time of many of its popular visas to days, including student visas and temporary skilled visas. «The Department is streamlining Australia’s visa systems and process leading to big reductions in average visa processing times across a number of categories,» the Australian Department of Home Affairs said in a statement earlier this month. According to the statement issued on social media, Student Visas are now being processed within 16 days and Temporary Skilled Shortage 482 visas within 21 days. The Student Visa was taking up to 49 days to be processed at the start of the year. Moreover, the Employer Sponsored Skilled program: healthcare and education and Working Holiday visa (outside of Australia) are being processed within a day.
15.08 / 08:57
FIVE
Digital
VISA
country
Golden Visa
end
Indonesia to launch Golden Visa programme by end of the year
Indonesia is all set to launch its own Golden Visa programme by the end of 2023. The popular tourist destination is working to change its immigration policy in order to promote foreign investment and attract international entrepreneurial and business talent. Speaking to reporters after a recent press conference Indonesia’s Minster for Tourism and Creative Economies, Sandiaga Uno revealed that the ‘golden visa’ will be rolled out by the end of the year. “We want to make sure that the Golden Visa offer is attractive for foreign tourists to invest and stay longer in Indonesia. We hope for certainty (launch) before the end of the third quarter,” Uno said. As per the initial announcement, the new residency-by-investment visa was slated to be available by June 2023.
15.08 / 07:27
UPS
VISA
Manufacturing
Gap
Intel
America is building chip factories. Now to find the workers
CHIPS Act passed last year will see the government dole out $50bn over the next half-decade. A baseline estimate from the Semiconductor Industry Association, a trade body, is that by 2030 America’s chip sector will face a shortage of 67,000 technicians, computer scientists and engineers, and about 1.4m such workers throughout the wider economy. Set this against the total of roughly 70,000 students who complete undergraduate degrees in engineering in America each year, and the scale of the deficit becomes apparent.
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