H5N1 AVIAN INFLUENZA PRECAUTIONS
US remittance tax plan may hit Indian households, rupee: GTRI
A proposed 5% US tax on remittances from non-citizens is alarming India, potentially impacting households and the rupee. With India receiving $120 billion in remittances in 2023-24, a significant portion from the US, the tax could cause a $12-18 billion annual shortfall and weaken the rupee, affecting states reliant on these funds.
USA vs China AI race: Why are Nvidia and its chips becoming trump card?
Nvidia's future plans are critical for both the US and China in the race for the artificial intelligence (AI).
As US visa options shrink, Indian families turn to EB-5 for security and mobility
Indian interest in the U.S. EB-5 Investor Program has surged, evolving from curiosity to strategic commitment. Amid visa uncertainties and global financial pressures, Indian families view EB-5 as essential for securing U.S. residency, education, and long-term wealth. With record filings, rising sophistication, and time-sensitive opportunities in reserved visa categories, this marks a generational shift in global migration planning.
Indian-American lawmakers advocate for domestic H-1B visa renewals
Indian-American lawmakers are advocating for the reinstatement and expansion of the domestic H-1B visa renewal program, citing benefits like reduced disruptions and increased efficiency. The program, previously piloted, allowed visa holders to renew within the US. Critics, including "America First" proponents, argue the H-1B program undermines American workers, sparking debate over immigration policies.
How is a 1:4.5 human-sheep ratio a problem in the making for New Zealand? All you need to know!
New Zealand's sheep population is decreasing. Land use changes to dairy and forestry are key reasons. Economic factors, like lower wool prices, also contribute. Climate change and droughts affect sheep farming. Urban growth reduces agricultural land. Despite challenges, sheep remain important to New Zealand's economy. The industry is adapting to ensure its future.
H-1B visa demand for 2025-26 remains high despite drop in registrations
USCIS received over 343,000 H-1B visa registrations for FY 2026, a decrease from last year but still exceeding the 85,000 visa cap. A new beneficiary-based selection system, aimed at fairness, significantly reduced multiple registrations. The registration period concluded in March 2025, and selected applicants have been notified. The H-1B program remains crucial for US.
Sending money home? New US bill proposes 5% tax on remittances by non-citizens
A proposed US bill, The One Big Beautiful Bill, suggests a 5% tax on remittances sent by non-citizens, potentially affecting many Indians in the US. This could cost the Indian diaspora $1.6 billion annually if remittance volumes remain consistent. Cross-border investment advisors anticipate the bill's passage and advise large transfers before potential enactment in June or July.
Best arbitrage mutual funds to invest in May 2025
Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.
H-1B visa lottery sees sharp decline in registrations for second consecutive year
USCIS data reveals a significant drop in H-1B visa registrations, to around 344,000 in March. The decline is attributed to reduced duplicate submissions and a decrease in single eligible registrations, following the implementation of a revised selection process aimed at preventing misuse.
Best aggressive hybrid mutual funds to invest in May 2025
As per Sebi norms, aggressive hybrid mutual funds must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better. When the equity market is in turmoil, the debt part of the portfolio softens the blow. This helps new investors to continue with their investments without worrying too much about volatility.
Who pays what? Demystifying H-1B visa fees and wage compliance
The H-1B visa process involves specific cost responsibilities. Employers must pay the required wage, covering actual or prevailing rates. They also handle ACWIA, fraud prevention, and asylum program fees. Employees might cover premium processing under certain conditions. Employers cannot deduct legal fees or other costs from wages. Unauthorized deductions can lead to penalties.
UP: Govt closes Etawah lion safari, zoos in Lucknow, Kanpur, Gorakhpur following bird flu outbreak
The Uttar Pradesh government ordered the closure of Etawah Lion Safari and zoos in Lucknow, Kanpur, and Gorakhpur for seven days after bird flu was confirmed in a dead tigress at Gorakhpur's Shaheed Ashfaqulla Khan Zoological Park.
Best value funds to invest in May 2025
If value investing still appeals to you, here is our list of recommended value funds to invest in May 2025. There is no change in our recommended schemes. Watch out for our monthly updates to find out whether your favourite scheme is performing well.
Best focused mutual funds to invest in May 2025
Focused mutual funds have a concentrated portfolio. That means that the fund manager will choose stocks based on his or her conviction and take a meaningful exposure in the stock. Such investments can pay off handsomely if the call goes right. However, if a few calls go wrong, the scheme will suffer a lot. This is the trouble with concentrated bets.
I-Sec maintains Add on Bharat Forge, reduces target price to Rs 1,225
ICICI Securities maintains an Add call on Bharat Forge, revising the target price to Rs 1225. While recent performance was mixed due to weak CV exports and defence sector lumpiness, medium-to-long-term growth prospects remain positive. The company's expansion into new verticals and potential benefits from US tariffs support this outlook, despite slight revenue estimate revisions.
Best flexi cap mutual funds to invest in May 2025
Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament.
Today's NYT Mini Crossword May 7 answers: Full clue breakdown, meanings, and solving tips for today’s tricky puzzle
Today's NYT Mini Crossword May 7 Answers are here for solvers stuck on today’s tricky clues. Whether you missed a few or just want to double-check, we’ve listed all the Mini Crossword May 7 clues and answers in a simple, friendly format. From Ovechkin’s record-breaking nod to tricky wordplay with “IRS,” this guide makes solving easy and fun.
H5N1 virus in US sparks global health crisis: Know its symptoms, mode of transmission, vaccine
H5N1 avian influenza virus: The spread of H5N1 avian influenza virus in the United States has sparked fears of a potential pandemic. The H5N1 virus is already leading to human infections. Although bird flu has been present on Earth for decades, this new kind of pathogen, H5N1, is one of the most fatal ones, and can take human lives.
Fresh pandemic in US? New virus spreads in all 50 states amid ‘human transmission’ concerns
Is US facing the risk of a fresh pandemic? Fears about a fresh pandemic has now risen as the H5N1 virus is reportedly spreading across all 50 states and health officials have expressed concern over the virus. H5N1, is one of the most fatal ones, and can take human lives.
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