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LABOUR MARKET IMPACT ASSESSMENT
Infosys, TCS and Cognizant cut H-1B lottery registrations as Trump tightens US visa rulesInfosys, Tata Consultancy Services (TCS) and Cognizant registered far fewer candidates for the US H-1B visa lottery for fiscal year 2027, a...
Anthropic commits 5 pc of its stock to new 'public benefit' fundAnthropic has pledged to allocate 5 percent of its shares to a newly established public benefit fund, aiming to back a variety of charitabl...
Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...
A protest, a price: Delhi trade faces Rs 400 crore daily risk, says CAITProtests in Delhi could put business transactions worth over Rs 400 crore at risk daily, according to the Confederation of All India Trader...
Canada revives Express Entry job offer points; Indian workers in high-wage jobs could gain an edgeIn a significant move, Canada is modifying its approach to ranking skilled immigrants applying for permanent residency, set to be implement...
BoE's Bailey says energy price pass-through remains limited, rate risks persistBank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that seco...
US Market: Fed's Goolsbee says latest US inflation data is discouragingFederal Reserve Bank of Chicago President Austan Goolsbee called the latest US consumer and producer inflation data discouraging, raising c...
US labour market remains stuck in low-hire, low-fire state as inflation intensifies: FedThe Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tari...
NITI Aayog proposes higher social discount rate for project appraisalNITI Aayog's working paper suggests increasing the social discount rate to 9.23% for project appraisal up to 30 years. This proposal aims t...
- Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year
Bank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as po...
Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
Chips critical to India's future, but demand and management key to semiconductor push: N ChandrasekaranIndia is well placed to strengthen its role in the global semiconductor industry due to its talent base and large domestic market, but busi...
Bahrain introduces new temporary work rules for foreign workers allowing 90-day employment with other companiesBahrain has announced new rules allowing foreign workers to temporarily work for another employer for 90 days. The arrangement requires wri...
US green card suspension: TCS, Infosys, Wipro, other IT firms' PERM applications already on declineIndian IT companies are experiencing a significant decline in green card applications this year due to a recent suspension. Major firms lik...
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
Infosys, Wipro ADRs fall nearly 3% after TCS earnings, US crackdown on H-1B-linked green card programmeInfosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Co...
Goolsbee says steady jobs market keeps inflation as Fed priorityChicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the big...