Why the US ending the H-1B lottery is unsettling Silicon Valley and beyond

For more than two decades, the H-1B visa lottery served as a quiet stabiliser for the US technology economy. Its randomness was not flawless, but it still provided businesses with something they value very highly: Predictability. Corporations would be able to chart recruitment cycles, educational institutions could synchronize the graduation of their students, and worldwide…

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Cigarette tax hike: Experts warn of surge in illicit trade; fear major revenue losses for government

A sharp increase in taxes on cigarettes, along with a new excise duty structure on tobacco products, could trigger a surge in illicit trade and lead to significant revenue losses for the government, experts have warned.Earlier this week, the finance ministry notified amendments to the Central Excise Act, introducing a fresh excise duty ranging from…

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Red Fort blast: Probe unveils how terrorists spoke to Pakistani handlers – What’s a ‘ghost’ SIM card? | India News

NEW DELHI: Investigations into the blast near Delhi’s Red Fort on November 10 last year have revealed how a “white-collar” terror module relied on a sophisticated network of “ghost” SIM cards and encrypted messaging apps to stay in touch with Pakistani handlers.The accused, many of them highly educated doctors, used illegally obtained or fraudulently issued…

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Insurance mis-selling: Irdai flags sharp rise in unfair practice complaints; asks insurers to fix root causes

Mis-selling continues to be a key concern in the insurance sector, with the regulator asking insurers to dig deeper into the root causes behind such practices, according to the latest annual report of the Insurance Regulatory and Development Authority of India (Irdai).While the total number of grievances against life insurers remained largely unchanged at 1,20,429…

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‘Law of Jungle’: Shashi Tharoor, Shaina NC & more speak on Venezuela crisis; what they said after US strike | India News

Shashi Tharoor, Shaina NC (File photos) NEW DELHI: Senior Congress leader Shashi Tharoor on Sunday weighed-in on the US strikes on Venezuela, a day before, calling it “law of the jungle”.The US carried out multiple airstrikes on Venezuela early Saturday, triggering explosions across Caracas and paving the way for the capture of President Nicolás Maduro…

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