VISA Financial News
30.07 / 07:23
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Cross-border love story: Sri Lankan woman seeks Indian Citizenship to stay with Facebook friend turned husband
Shivakumari Vigneshwari from Sri Lanka traveled to India to tie the knot with her Facebook friend of six years, 28-year-old Laxman from Chittoor district. Their love story unfolded when Laxman, a mason from Arimakulapalle, V Kota mandal, connected with Vigneshwari on Facebook back in 2017. After years of friendship, they decided to take their relationship to the next level, and on July 20, they exchanged vows at a serene temple in V Kota, Chittoor district.
30.07 / 05:21
UPS
VISA
electronic
week
US H1B visa second round lottery next week likely: Nearly 25,000 petitioners to be selected
H-1B visas each year. In March 2023, USCIS conducted the initial random selection process on properly submitted electronic registrations for the FY 2024 H-1B cap. That way, only around 70% of the authorised quota had been issued, leaving a significant number of available visas.
29.07 / 16:25
VISA
Pakistan businessman gifts India's Anju land, money for converting to Islam. Watch
Hindustan Times. Anju had also changed her religion to Muslim and is now called Fatima. Abbasi has gifted Fatima to make her feel at home in Pakistan.
29.07 / 07:37
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Teenager Hindu girl detained at Jaipur airport attempting to travel to Pakistan to meet 'insta friend'
Hindu girl attempting to fly to Lahore, Pakistan, to meet a boy she had befriended online. As per a ToI report, the Hindu girl drew the attention of airport security at Jaipur International Airport when she was discovered inquiring for a ticket to Lahore. She, on the other hand, did not have a passport, visa, or any other documentation with her.
29.07 / 05:31
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Citizens
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Indian
Avail
Travel to Russia becomes easier: Indian passport holders can avail e-visa facility from August 1
Russia is launching its electronic visa (e-visa) facilities for Indian passport holders from August 1. The e-visa will be processed in a maximum of four days and a $40 consular fee will be charged for the facility.
29.07 / 04:39
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Indian
Biden administration urged to make priority dates current for Indian Green Card applicants
US lawmakers has urged the Biden administration to take executive action to make priority dates current for Green Card applicants from India to reduce the 195-year-long wait period which has left them in a constant state of limbo. Led by Congressmen Raja Krishnamoorthi and Larry Bucshon, the bipartisan group of 56 lawmakers sent a letter to Secretary of State Antony Blinken and Department of Homeland Security Secretary Alejandro Mayorkas requesting the administration take executive action to provide relief to high-skilled employment-based visa holders. In their letter, the US lawmakers also appealed to the administration to mark all dates for filing of employment-based visa applications in the Bureau of Consular Affairs' published Employment-Based Visa Bulletin as «current». A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently. The current situation surrounding the seven per cent country cap on employment-based Green Card allocation is causing severe repercussions, particularly for countries such as India, where the backlog has reached an astonishing 195 years, said Foundation for India and Indian Diaspora Studies (FIIDS USA) in a separate appeal to the US President Joe Biden. This backlog disproportionately affects Indian tech professionals, who constitute a significant portion of the highly skilled STEM talent and US-educated graduates, playing a crucial role in maintaining the United States' competitive edge in the technology industries, it said.
28.07 / 15:31
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Pakistani girl arrested at Jaipur airport, was trying to book return ticket without passport
Airport police on 28 July informed that they have arrested a 16-year-old Pakistani girl who failed to produce a passport and visa for booking a ticket back to her country, reported Hindustan Times. The girl has been identified as Ghazal Parveen and is a resident of Pakistan’s Lahore, says the report. It added that Parveen arrived in India three years ago with her aunt and since then both of them were staying in Sikar’s Shrimadhopur.
28.07 / 13:33
28.07 / 13:15
Citizens
VISA
Southern
China needles India again: What you need to know about 'stapled visa'
India on Thursday described as «unacceptable» China issuing stapled visas to a few sportspersons from Arunachal Pradesh and asserted that it reserves the right to «suitably respond» to such actions.External Affairs Ministry Spokesperson Arindam Bagchi said India has lodged its «strong protest» with the Chinese side on the matter and there should be no discrimination on the basis of domicile or ethnicity in the visa regime for Indian citizens. Following the incident, India withdrew its entire Wushu team from the World University Games in China as 'stapled visas' were given to three Arunachal players.What is a stapled visa that China chooses to give to Indian nationals from Arunachal Pradesh and Jammu and Kashmir? A ‘stapled visa’ is an unstamped piece of paper that is simply attached by a pin to a page of the passport.
28.07 / 09:15
27.07 / 20:07
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India protests China's issuing of separate visas to Indians from disputed northeastern state
India has protested China’s practice to continue to issue separate visas that are stapled onto passports to Indians from India's northeastern Arunachal Pradesh state, which China claims to be part of its South Tibet
27.07 / 16:53
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Tourists are back with a bang, but a long visa wait is keeping them away from the United States
Spain recovered 86% of its pre-pandemic tourist arrivals in 2022, and arrivals this year already show a 28% increase over 2019 levels. France follows closely with year-to-date international visitors numbering just 3% less than before the Covid-19 pandemic and their spending at record levels, according to Atout France, a government tourism agency. The US, on the other hand, is falling behind. International tourist arrivals remain at 26% below pre-pandemic levels, according to a June 2023 monthly report from the US Travel Association, with spending slower, too. At the close of 2022, international visitor spending in the US was at $99 billion, just over 50% of where it stood in 2019. That’s a far cry from 2019, when the US received 79.4 million visitors, who spent $181 billion. “The lag is very significant, and we are very concerned,” says Geoff Freeman, US Travel’s chief executive officer. “We estimate that this year alone we’re going to lose about 2.6 million international visitors and $7 billion less in spending.” The US travel industry isn’t expected to recover to 2019 levels until 2025. Those two additional years will translate into “billions of dollars of lost spending, of lost jobs,” says Freeman.
27.07 / 13:49
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boost
Mastercard beats profit estimates on spending boost
(Reuters) -Mastercard on Thursday reported a bigger-than-expected rise in second-quarter profit, boosted by resilient spending in a turbulent economy.
27.07 / 12:59
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UAE visa applicants alert: VFS Global warns against new fraud trap
VFS Global, which facilitates visa services for many countries worldwide, including the UAE, recently issued an advisory. It warned visa aspirants to be vigilant against fraudsters who may try to gain access to personal information or ask for money via social platforms. «If you are a visa aspirant, it’s possible that fraudsters may attempt to gain access to your personal information or ask for money via social channels.
27.07 / 08:39
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UK visa fee likely to increase by 20% soon: How to avoid paying hiked charges
The UK government is expected to increase charges for work permits and visas by 2024 and experts cites that the hike would be around 20%. Though the new measure is not yet implemented, experts advise individuals planning to emigrate for work to act promptly. Those with job offers or in discussions with UK employers should finalise their plans quickly to avoid higher fees.
27.07 / 01:41
VISA
Action
Limelight
Indian
US: Indian student loses bag, certificate in robbery, found starving on streets in Chicago
A Hyderabad woman pursuing a master's degree in the US was found starving on the streets of Chicago. The student, who was studying at TRINE University in Detroit, Chicago but, lost her bags, certificates during a robbery and was then left to starve on the streets. Her mother, Syeda Wahaj Fatima said, “My daughter had gone to the US for her masters in 2021.
26.07 / 14:18
UPS
Target
FIVE
VISA
Enterprise
Adani Group stocks gain ₹57,201 crore m-cap in two sessions; Adani Green biggest contributor
₹57,201 crore. The majority of the gains came from Adani Green Energy Ltd, which contributed ₹23,618 crore, Adani Power Ltd, which added ₹6,738 crore, and Adani Enterprises Ltd, which chipped in ₹5,728 crore. Due to rising interest from domestic investors, the majority of market cap gains were seen during Tuesday's trading session, according to analysts.
26.07 / 10:07
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Digital
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Customers
Visa profits rise as global customers increasingly use credit and debit cards instead of cash
Visa says its adjusted third-quarter profits rose by close to double digits, as the global payments company continues to benefit from broad shift of consumer behavior from cash to using credit and debit cards
26.07 / 10:05
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Cross-border
Visa tops estimates as cross-border spending boosts results; seen as a core LT holding
Investing.com — Visa (NYSE:V) beat expectations on adjusted profit and revenue as cross-border payment volume remained strong.
26.07 / 09:09
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Citizens
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Mobile
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open
UK Young Professionals Scheme visa: Ballot open till Thursday; here's how to apply
The UK Government has announced the opening of the second ballot for the Young Professional Scheme, inviting Indian citizens aged 18-30 to apply. The deadline for applications is July 27, 1:30 pm (IST), as stated by the British High Commission in India.
26.07 / 08:43
UPS
VISA
CEO
exclusive
Deal
Adani, Visa sign deal to bring co-branded cards for travellers
Visa said it has signed a co-brand agreement with Indian billionaire Gautam Adani's conglomerate. The co-branded cards are set to attract as many as 40 crore travellers and users via the benefits of retail, airports, and online travel services that it aims to bring to the table. «This partnership will give the payments giant access to 400 million customers through Adani’s airports and online travel services,» said Visa's CEO Ryan McInerney in a conference call with analysts.Adani group at present runs seven airports in India.
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