VISA Financial News

03.08 / 11:49
COST UPS Reuters VISA fall US layoffs fall to lowest level in nearly a year
layoffs in July than the year before, marking the first year-over-year decrease in more than a year and bolstering prospects that a resilient labor market will help the economy avoid a recession. U.S.-based employers announced 23,697 job cuts in July, a 42% drop from the number of layoffs announced in June and an 8% decrease from July 2022, according to a report released on Thursday by employment firm Challenger, Gray & Christmas. It was the first year-over-year decrease since May 2022, and July also had the fewest announced layoffs since August of last year. The Fed's aggressive interest-rate hiking campaign that kicked off in March 2022 led many economists to forecast that it would eventually trigger a recession — and accompanying large-scale job losses — a conviction that picked up momentum as 2023 began. Indeed, the year began with a flurry of layoffs announced through the first quarter. So far this year there have been more than three times as many announced job cuts compared with last year: 481,906 job cuts announced in the first seven months of 2023 compared with 159,021 through the same period in 2022. But that trend appears to be nearing an end. On the whole, employers have continued to add jobs throughout the year and the labor market has consistently outperformed economists' expectations that the Fed's 525 basis points of interest rate hikes would drive the unemployment rate up.
03.08 / 10:11
UPS FIVE VISA Gap country H-1B decoder: Companies you should beware of when applying for a job in the United States
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.
03.08 / 10:01
COST Provident VISA country electronic H1B visa: US completes second round lottery; successful candidates informed. All you need to know
Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. "We now have randomly selected, from the remaining FY 2024 registrations properly submitted, a sufficient number of registrations projected as needed to reach the cap," US Citizenship and Immigration Services (USCIS) said on Tuesday.
02.08 / 21:15
UPS Citi VISA country Chinese Investors Warm to Sweetened U.S. Cash-for-Visa Program
A popular U.S. program that offers permanent American residency to foreigners who invest in qualified job-creating projects has sweetened the offer—and attracted fresh interest from wealthy Chinese seeking a way out of their country. Many Chinese are worried about their country’s direction after three years of harsh Covid-19 restrictions, tougher ideological controls under Chinese leader Xi Jinping, rising tensions with the West and dimmer economic prospects.
02.08 / 12:53
VISA country foreign Centre Centre introduces Ayush visa category for foreign nationals seeking medical treatment in India
New Delhi: To promote India as a destination for traditional medical treatments, the ministry of home affairs has announced the introduction of Ayush (AY) visa. The visa is aimed at facilitating travel for foreign nationals seeking treatment under Ayush systems/traditional systems of medicine, including therapeutic care, wellness, and yoga.
02.08 / 12:25
VISA foreign Ayush Visa introduced for foreign nationals seeking medical treatment in India
Ayush Visa" for foreign nationals seeking medical treatment like therapeutic care, wellness and yoga in India, Aayush announced on Wednesday. Ayush Visa aims to fulfill the need for introduction of a special visa scheme for foreigners visiting India for treatment under Ayush systems or Indian systems of medicine per say.
02.08 / 11:15
UPS Target Citizens VISA country Canada is raiding the US for tech worker immigrants. Can you really blame them?
immigration system, millions of workers face insurmountable hurdles to gaining permanent residence. It was always a risk that other governments would take the opportunity to lure skilled workers away from the US. Now it’s happening, thanks to a somewhat unlikely rival: Canada.
02.08 / 10:03
VISA Aware country Swiss Travelling to Switzerland to get tougher? Swiss embassy suspends Schengen visa applications for Indians next few months
Indian tourists. Commenting on the matter, the Head of Markets East at Switzerland Tourism, Simon Bosshart said, as cited by SchengenVisaInfo, he is aware of the problem.
02.08 / 10:03
UPS VISA Manufacturing Action Xiaomi country India should be pragmatic about huge Chinese investments
Financial Times in an interview last week, “We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws." He added, for good measure, that India was “open to all investments, including Chinese". That these statements were meant for consumption overseas is evident if one looks at the ground reality. China’s BYD Motors has become the latest casualty of India’s undeclared economic cold war with China.
01.08 / 23:03
UPS Citizens VISA country US restricts visa-free travel for Hungarian passport holders because of security concerns
The United States is imposing travel restrictions on citizens of Hungary over concerns that the identities of nearly 1 million foreigners granted Hungarian passports over nine years were not sufficiently verified
01.08 / 19:33
FIVE VISA CEO Landmark social exclusive Ethnic workers (including those on visas) describe their EY experience
EY Oceania personnel from non-Western ethnic backgrounds, along with those of Hindu, Islamic or Buddhist faith, are most likely to say they have experienced racism and discrimination at the big four consulting firm.
01.08 / 15:03
UPS Citi VISA show country raid Countries Raid Each Others’ Health Systems in Global Battle for Nurses
A global shortage of healthcare workers is setting off a bruising worldwide battle for talent, as rich countries raid other nations’ medical systems for staff to care for their aging populations. The competition has helped countries such as the U.S. and Australia replace some nurses who quit in record numbers during the height of the Covid-19 pandemic.
01.08 / 14:15
Citi FIVE VISA show social foreign A look at India’s foreign travel frenzy, in charts
tourism ministry data. However, this was 18% lower than the pre-pandemic average of over 25 million seen between 2017 and 2019. But the pace is growing: in the first four months of 2023, nearly 8.5 million have travelled abroad, already touching two-fifths of the full-year figure of 2022.
01.08 / 09:49
Citizens VISA country electronic Indian Russia starts issuing e-visas to Indian visitors from today. Here's how to apply
Starting August 1, Russia has started issuing electronic visa (e-visa) to Indian passport holders that helps visitors get travel approval faster for diverse purposes such as business trips, guest visits, and tourism. The e-visa can be used just like any other regular visa, eliminating the need to check with embassies or any other associations.
01.08 / 05:28
Lowe's VISA electronic United States completes second lottery round for H-1B visa
USCIS has completed random selection of applicants for H-1B visa, a statement released by them said. On July 29, USCIS had announced a second round of random lottery selection for H-1B visas for the fiscal 2024 (year ended September 30, 2024). «We now have randomly selected, from the remaining FY 2024 registrations properly submitted, a sufficient number of registrations projected as needed to reach the cap, and have notified all prospective petitioners with selected registrations from this round of selection that they are eligible to file an H-1B cap-subject petition for the beneficiary named in the applicable selected registration,» the statement said.
31.07 / 17:33
Provident VISA PayPal Apple MasterCard love Fast Withdrawal Casinos UK with Instant Payout
Experiencing a massive triumph at the casino and then having to endure days of waiting for your withdrawal to process can be incredibly frustrating. However, there's a silver lining to this inconvenience. The era of waiting 3-5 business days for your money to come through is drawing to a close.
31.07 / 12:11
UPS Target FIVE Man VISA country Smuggling Indian Indian man admits to smuggling people from his country into US via Canada
Canada has pleaded guilty to smuggling several Indian nationals from Canada into the US for profit. Simranjit 'Shally' Singh admitted to six counts of alien smuggling and three counts of conspiracy to commit alien smuggling during an appearance in Albany, New York on Friday. At the request of the US government, Singh was taken into custody on June 28, 2022, in Ontario, Canada. He was extradited from Canada to the US on March 30 this year, the US Attorney’s Office in the Northern District of New York stated in a release. From March of 2020 through March of 2021, Singh admitted to facilitating the smuggling of several Indian nationals from Canada into the US, via Cornwall Island and the Akwesasne Mohawk Indian Reservation in the St Lawrence River region.
31.07 / 09:13
UPS VISA Dreams show fall US student visa approval rates fall to 65%; Indians biggest winners
The US Department of State issued over 411,000 student visas during the 2022 fiscal year (October 2021 to September 2022), up 15% from 2021. Not only was this a 15% increase from the previous fiscal year, the largest non-pandemic year-over-year increase since 2010, but it was also the highest recorded total seen in six years, data from the State Department shows. Compared to the US, Canada issued over 420,000 student visas in 2022, a 27% increase over 2021. In the UK, annual growth was 34% in the year ending March 2023. «The US international education sector is on its way to a full recovery. The combination of a six-year high in F-1 visas issued, the largest annual increase in a decade (outside of the pandemic), and the emergence of several high-potential source markets build the foundation for an optimistic outlook,» according to ApplyBoard's latest report.
30.07 / 15:57
Facebook VISA Indian Friend Indian woman who travelled to Pakistan to marry her Facebook friend gifted money & land for embracing Islam
Islam has received some money and a piece of land as gifts for embracing the religion. Anju — who now goes by the name of Fatima after converting to Islam — on July 25 married her 29-year-old friend Nasrullah, whose home is in the Upper Dir district of Khyber Pakhtunkhwa. They became friends on Facebook in 2019.
30.07 / 15:43
Facebook Man VISA Action love Anju who married Pakistani man calls father, says marriage rumors are ‘baseless’
Live Hindustan said on Sunday. In the call, Gaya expressed his disappointment and questioned why she went to Pakistan and got married without informing her family, the report added. Anju has also sent a message to her father, saying that she was “dead" to him and asked him not to contact her again.

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