VISA Financial News

12.07 / 10:29

Provident VISA Fighting MasterCard PwC Interface Competition among card payment networks to intensify

The recent norms of the Reserve Bank of India (RBI) on card payment networks may push them to offer better pricing and features to issuers, which will, in turn, benefit customers, experts said.

12.07 / 09:11

VISA Dreams Chase dutch What the collapse of the Dutch governement means for students heading to the Netherlands

The coalition tried for months to hash out a deal to reduce the flow of new migrants arriving in the country of nearly 18 million people. Proposals reportedly included creating two classes of asylum — a temporary one for people fleeing conflicts and a permanent one for people trying to escape persecution — and reducing the number of family members who are allowed to join asylum-seekers in the Netherlands. Though the main point of contention has been about asylum seekers, the country's stance on curbing immigration, including the proposed internationalisation reforms, has put a question mark on the thousands of students planning to study in the Netherlands.

11.07 / 18:39

VISA Is it necessary for the owner of a flat to be in India for its sale?

My son lives in the US. We are joint owners of a flat here. Is it possible to sell this flat without his having to visit India? —Name withheld on request It is possible to sell or transfer the immovable property in India without the owner (co-owner, in this case) travelling back to the country.

11.07 / 09:13

UPS Booking Aviat VISA MasterCard Club Vistara IDFC FIRST Credit Card: Get free flight tickets and more. Check all benefits

Club Vistara IDFC FIRST Credit Card Features and Benefits: IDFC FIRST Bank has collaborated with Club Vistara and Mastercard to launch a travel credit card that promises exciting travel and lifestyle-related offers to cardholders. In a statement, the IDFC First Bank said the co-branded credit card is designed to redefine travel experiences and empower cardholders to embark on their journeys with confidence, and in style.

11.07 / 06:45

COST Citizens VISA Schengen visa rejection costed Indians almost ₹90 crore in 2022

Schengen Visa Info reveals that India still had the second-highest number of Schengen visa rejections worldwide. Over 100,000 visas were refused, amounting to an estimated loss of Rs87 crore on canceled trips.

11.07 / 00:49

COST UPS Citi Provident VISA Edison How GCCs stole the thunder from IT firms

BENGALURU / NEW DELHI : NatWest Group Plc., a Scotland-headquartered banking and insurance holding company, has two engineering hubs, in Poland and India. They house about one-third of NatWest’s global employees. While half of the company’s India workforce works on technology and data analytics, it is also increasing its focus on artificial intelligence (AI) and generative AI applications.

10.07 / 21:45

UPS FIVE Digital VISA Strategy Mobile Canada unveils its first-ever Tech Talent Strategy

Canada's Immigration Minister Sean Fraser recently announced that they will be implementing new schemes to attract global tech talent to Canada. Referred to as Canada’s Tech Talent Strategy, these measures include: 1) New innovation stream under International Mobility Program (IMP) 2) Digital nomads 3) Work permit for H1-B visa holders 4) Improving existing programs such as the Global Skills Strategy and the Start-up Visa

10.07 / 17:23

Twitter Reuters Booking VISA Platform VFS Global to temporarily shut down visa application processes

US Embassy in India on Monday announced that VFS Global will be temporarily closed for the visa application processes — appointment booking, calls, and fee payments from July 12 to July 14. VFS in a statement said that they are migrating to a new platform and will resume their services on July 15. Taking on twitter, US Embassy said «Attention visa applicants! Our customer service center VFS is migrating to a new platform and will be temporarily closed for calls, fee payments, and appointment booking from July 12-14.

10.07 / 15:33

Twitter FIVE Reuters Booking VISA Platform US visa alert! VFS global to temporarily shut down application process on THESE dates

US embassy mentioned that visa application process- appointment booking, calls, and fee payments-- will be resumed from 15 July. US Embassy in India took to their Twitter handle, “Attention visa applicants! Our customer service center VFS is migrating to a new platform and will be temporarily closed for calls, fee payments, and appointment booking from July 12-14. These services will resume on July 15." VFS Global is the world's largest outsourcing and technology services specialist for governments and diplomatic missions.

10.07 / 13:59

COST Citi Citizens VISA Bitcoin Golden Visa From Maldives to Mauritius, the countries that could soon offer a Golden Visa

Astons, the world’s leading authority on residency and citizenship through investment, has examined the 13 new countries that are considering offering citizenship or residency by investment (CBI/RBI) programs and has selected the four that they feel offer the most alluring investment and lifestyle opportunities for investors.

10.07 / 09:51

UPS Provident Reuters VISA MasterCard The RBI has just lobbed a disruptor at the card sector

Reserve Bank of India (RBI) could have fired a shot in India's war on international card networks. The Ukraine-Russia conflict has highlighted how a country can be economically damaged if it is cut off from international payment networks. India's efforts to become self-reliant in payments systems and networks predate the war.

09.07 / 20:11

FIVE VISA reports Indian Europe rejected more than 1 lac Indian visa request last year: Reports

According to Schengen Statistics, Algerian nationals were refused Schengen visa applications the most in 2022, with a total of 179,409 visas not being issued with the total rate of not issued uniform visas reaching 45.8 per cent. The list of top ten countries with the highest Schengen visa rejection rates for 2022 also included countries like Turkey, Morocco and Russia, which had 120,876, 119,346 and 68,753 visa applications rejected, respectively.

09.07 / 14:45

Target FIVE VISA Highways NEM Energy transmission rollout 1200km behind schedule

Australia’s national transmission infrastructure rollout is more than 1200 kilometres behind its fast-paced transition target, and is equally unlikely to meet 2030 targets for a slower-paced rollout.

09.07 / 02:25

UPS FIVE VISA bail Real-life 'Veer-Zara': Indo-Pak couple reunites after UP court grants bail

Gautam Budh Nagar police arrested Haider on 4 July for illegally entering India without a visa via Nepal with her four children -- all aged below seven years. Besides, her Indian husband Sachin and father-in-law were arrested for sheltering the illegal immigrant. However, on Saturday, the Uttar Pradesh court granted bail to the couple who were behind bars for five days at Luksar jail.

08.07 / 16:07

Provident VISA Action Remark BAY foreign NOT Bangladesh has 'balanced, independent' foreign policy, is 'not China's 'tail': Foreign Minister Momen

Bangladesh follows a «balanced and independent» foreign policy and is not subservient to any country, Foreign Minister Dr AK Abdul Momen said on Saturday, emphasising that his country was «not China's tail». Momen also said that its relations with next-door neighbour India are «rock-solid» and added, «We are in a golden chapter in our relations with India». «Some people think we are rushing towards China, but (actually) we are not heading towards anyone,» Momen said while speaking at an interaction with members of the Diplomatic Reporters Association of Bangladesh (DCAB) at the Foreign Service Academy here.

08.07 / 13:43

Citi Provident Citizens VISA Discover Suspected Al Qaida terrorist Ikramul Haque 'wanted' in India, arrested in B'desh

Ikramul Haque alias Abu Talha was arrested in Bangladesh along with his wife in a raid recently, Bangladesh daily Prothomalo reported. Ikramul Haque was apparently arrested from the Sabuj Bagh area of the capital Dhaka. He was arrested on May 30, soon after the Counter Terrorism and Transnational Crime Unit (CTTC) officials of Dhaka came to know that Abu Talha, the top leader of the Dawah wing of the international terrorist organization Al-Qaeda in the Indian Subcontinent (AQIS), got involved in militancy while studying in Deoband, India.

08.07 / 04:27

COST Provident VISA Mobile MasterCard Customers New debit credit card rules: How bank customers will benefit from this RBI proposal of card portability

RBI, card issuers would be prohibited from entering into any arrangement or agreement with card networks that restrain them from availing the services of other card networks. RBI said it is observed that arrangements existing between card networks and card issuers (banks and non-banks) are not conducive to the availability of choice for customers.

07.07 / 16:37

UPS Provident Amazon VISA Orange Prime Day 2023: See how to join Amazon Prime

offers, ensuring access to the hottest products when Prime Day arrives. Here are some ways by which you can become a Prime member and unlock all the benefits.

07.07 / 09:21

UPS Provident FIVE VISA MasterCard network Debit card, Credit card rule to change: Soon you will be able to choose your card network provider

RBI) has proposed to offer you an option to choose the network provider for your debit card or credit card or prepaid card. At present, when you apply for a debit or credit card, you usually don't get to choose the network provider as it is decided by the card issuer. The regulator is all set to change this process.RBI draft proposal on debit, credit card holders getting option to select network provider In a draft circular released on July 5, 2023, the central bank has asked the card issuers i.e., banks and finance companies to allow customers to have more than one card option and allow them to opt for their desired network provider for their cards.

06.07 / 11:01

COST Lowe's MET VISA Low Imports of low ash Met Coke under Safeguard duty probe scanner

Directorate General of Trade Remedies (DGTR) has initiated a Safeguard duty (Quantitative Restrictions) investigation concerning imports of low ash metallurgical coke (Met Coke) into India. This probe has been triggered after complaints from BLA Private Limited, Jindal Coke Limited, Saurashtra Fuels Private Limited, Vedanta Malco Energy Limited, and Visa Coke Limited. According to a DGTR notice, the applicants have alleged that there has been a ‘sudden, sharp, significant, and recent’ increase in volume of low ash metallurgical coke imports in India.

06.07 / 10:09

UPS FIVE VISA Gap Software foreign Romania’s hot economy is attracting foreign workers

economy has been growing steadily for a decade, last year by 4.7%. In 2010 GDP per person, adjusted for prices, was 53% of the EU average; by 2021 it was 74%. Meanwhile the population shrank from 23.2m in 1990 to 19m today.

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