US reaches 65,000 H1B visa cap in five days for Financial Year 2020

The US Citizenship and Immigration Services (USCIS) has said that it has reached Congressionally-mandated 65,000 H-1B visa cap for the fiscal year 2020 after it had started receiving the applications for the H-1B visas. This is the first season of H-1B petitions after the USCIS announced enforcing new rules for the H-1B visa.The new rules… Continue reading US reaches 65,000 H1B visa cap in five days for Financial Year 2020

India’s imports from China decelerating, says report

According to the PHD Chamber of Commerce and Industry,India’s imports from China stood at USD 46 billion during the April-January period of 2018-19 from USD 53 billion in the same period a year ago. The chamber has said that India has seen an increase in its exports to China during the last few months whereas… Continue reading India’s imports from China decelerating, says report

G20 must tackle the root causes of trade tensions that threaten growth: EU

During the upcoming G20 finance ministers summit in US, European Union (EU) officials are planning to call on the G20 to tackle structural and underlying challenges to the international flow of goods and services that threaten to hinder global economic growth. According to reports,the EU is concerned with the threats posed by (a)higher tariffs (b)slowing… Continue reading G20 must tackle the root causes of trade tensions that threaten growth: EU

India will be the third-largest economy by 2030: Jaitley

Finance Minister has said that India is expected to become the third largest economy in the world by 2030 with Gross Domestic Product(GDP) touching USD 10 trillion.The growth will happen due to consumption and investment growth. Currently,the size of the Indian economy is about USD 2.9 trillion.Further, India oscillates between the fifth and the sixth… Continue reading India will be the third-largest economy by 2030: Jaitley

All low earth satellites in reach of ASAT missile: DRDO chief

According to the Defence Research and Development Organisation (DRDO) chairman,the recently conducted anti-satellite (ASAT) test, Mission Shakti has a deterrence capability and the missile can cover all satellites in Low Earth Orbit (LEO). Low earth orbit satellites are roughly at an altitude of 2,000 kilometres from the earth and that’s the region where majority of… Continue reading All low earth satellites in reach of ASAT missile: DRDO chief

U.S. to designate elite Iranian force as terrorist organization

The United States is planning to designate Iran’s elite Revolutionary Guards Corps a foreign terrorist organization.This is the first time US will formally labels another country’s military as a terrorist group. This would be the latest move by the US administration to isolate Iran.US had already withdrawn from the landmark nuclear deal with Iran in… Continue reading U.S. to designate elite Iranian force as terrorist organization

Man-made forest fires threaten ‘neelakurinji’ plants

A massive forest fire has eroded the forest lands of the Neelakurinji Sanctuary in Vattavada as well as parts of Pampadum Shola National Park in Munnar, Kerala.According to the Wildlife experts,the recent large-scale forest fires on the grasslands where Neelakurinji blossoms could have wiped out of all the seeds of the Kurinji flowers from the… Continue reading Man-made forest fires threaten ‘neelakurinji’ plants

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