PUNE: IT industry lobby group Nasscom said on Thursday that it welcomed the US administration’s move to exempt certain H-1B visa holders from a ban announced earlier by President Donald Trump, while remaining ‘cautiously optimistic’ about some of its caveats. On Wednesday, the US Department of State announced ‘national interest exemptions’ to the two Presidential … Read more
The US budget deficit climbed to USD 2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation’s budgetary shortfall is expected to eventually reach levels for the fiscal year that ends September 30 more than double the largest annual deficit on record. The … Read more
It took six months for the world to reach 10 million confirmed cases of the coronavirus. It took just over six weeks for that number to double. The worldwide count of known COVID-19 infections climbed past 20 million on Monday, with more than half of them from just three countries: the U.S., India and Brazil, … Read more
Washington:White House hopeful Joe Biden named Kamala Harris, a high-profile black senator from California, as his vice presidential choice Tuesday, capping a months-long search for a Democratic partner to challenge President Donald Trump in November. “I have the great honor to announce that I’ve picked @KamalaHarris — a fearless fighter for the little guy, and … Read more
TAIPEI(Taiwan): In China, WeChat does more than any app rightfully should. People use it to talk, shop, share photos, pay bills, get their news and send money. With much of the Chinese internet locked behind a wall of filters and censors, the country’s everything app is also one of the few digital bridges connecting China … Read more
This is professor Allan Lichtman. He’s taught history at American University for almost 50 years. He’s a former steeplechase champion. “It’s a race designed for horses but run by people.” “Tic-Tac-Dough.” And a former quiz show winner. “I had a 16-show winning streak. Won four cars.” But we’re not here to talk about any of … Read more
CLYDE: President Donald Trump on Thursday moved to reimpose 10% tariffs on some Canadian aluminum products to protect U.S. industry from a “surge” in imports, angering Ottawa and some U.S. business groups. Canada pledged retaliation as tensions heightened between the close allies just weeks after a new continental trade deal between the United States, Mexico … Read more
WASHINGTON: U.S. President Donald Trump on Thursday issued an executive order banning any transactions with ByteDance, the Chinese company that owns the video-sharing app TikTok, starting in 45 days. The app may be used for disinformation campaigns that benefit the Chinese Communist Party and the United States “must take aggressive action against the owners of … Read more
By Chandra Srikanth It is important that if there are going to be regulatory actions, then it should not appear in the form of an interim final rule. People should be allowed to make a comment on that, says Shivendra Singh, Vice-President & Head. President Donald Trump on Monday signed an executive order preventing federal … Read more
By Ana Swanson and Michael D. Shear WASHINGTON — President Donald Trump campaigned on a promise to run the economy like his business empire. And for almost four years, he has unabashedly wielded the power of the presidency to insert himself into corporate affairs, helping some companies and punishing others in line with his instincts … Read more