The rupee gained for the second day, climbing 23 paise to a one-week high of 62.07 against the dollar on Wednesday, amid a modest recovery in local stocks and sales of the US currency by exporters and banks.
In a hard fought case, championed by taxi union leader Bhairavi Desai, fleet taxicab owner Evgeny 'Gene' Freidman and four other companies -- owned in part by Freidman, signed an agreement last week to pay $746,406 in restitution to drivers who were charged rates higher than the legally permissible amounts to lease cabs and medallions.
China, the world's most populous nation, will relax its controversial decades-long one-child population policy which restricted most couples to have only a single child, the ruling Communist Party announced on Friday.
According to experts, while allegations against Indian IT firms of visa misuse are nothing new, this time the scrutiny could be much greater.
If shutdown stays for an extended period, there would be an overall macroeconomic impact that may affect the IT industry.
HCLA was selected through a highly competitive process where it demonstrated its managed cloud-as-a-service solution called iGOVERN(r).
Supporting India's concerns on the immigration reform bill, an eminent Indian-American has asked US lawmakers to make the necessary changes in the pending legislation, which if passed, among other things would badly hit the global competitiveness of American companies.
The United States has failed to make it among the world's top ten dynamic nations.
The decline bolstered bets that the Federal Reserve will hike interest rates in mid-2015
Let's take a look at companies that issue most visas.
A group of six US lawmakers had recently introduced 'The US Call Center and Consumer Protection Act of 2013' in the Congress that requires overseas call centre employees to disclose their location to US consumers.
PM Modi's China visit may strengthen ties between both the countries.
The New York Times Co has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox baseball team, John W. Henry, for $70 million in cash, ending its 20-year ownership of the paper.
Here's what your favourite Bollywood celebrities are tweeting.
The defendants charged with paying the bribes and kickbacks are Sarvesh Dharayan, Sanjay Gupta, Venkata Atluri, Rangarajan Kumar, Vadan Kumar Kopalle and Daren Siriani.
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IT market is forecast to grow 2.8 per cent in dollar terms and 5.1 per cent in constant currency from 2012, Gartner said in a statement.
Hours after Ed Husic became Australia's first ever Muslim minister, he was flooded with online racial abuse for taking oath of office on the Quran.
Tibetan spiritual leader the Dalai Lama has weighed into Australia's bitter gender debate raging around Premier Julia Gillard by saying his successor may be a female as women have the all qualities needed in leaders.
US employers stepped up hiring in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back the amount of cash it is pumping into the banking system later this year.
Have you heard of the Burning Man festival? Or the Monkey Buffet festival?
Officials say sterilisation process not compliant; J&J says will appeal decision.
'There is no way you can view the movie from a distance, from a moral high ground, and get to its core.' 'To truly appreciate what Anurag Kashyap is trying to do here, you may have to lose a part of yourself to it, first,' says Sreehari Nair.
US companies, particularly in technology, say they need the visas to fill vacant positions.
The study found that among the 100 largest areas, 78 posted job gains during the fourth quarter, while job growth rates accelerated in 57 metropolitan areas.
Indo-US firm has been indicted by federal authorities on charges of fraud in the H-1B visa category.
According to the Seattle-based Society of Professional Engineering Employees in Aerospace, its 'professional' members -- who perform the main engineering duties on Boeing planes -- voted narrowly in favor of accepting the contract, while a smaller group of "technical" members -- who support the engineers -- voted to reject it. Both groups voted in favor of authorizing the union to call a strike.
Murray had battled his way back from two sets down in the second round against France's Adrian Mannarino, but could not work another miracle against the 14th-ranked, 29-year-old Anderson, who swept the final tiebreak 7-0.
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Banks, real estate and metal scrips among the top losers.
Elated over winning the Nobel Peace prize, renowned child rights activist Kailash Satyarthi on Friday dedicated the coveted award to people of India and vowed to work with renewed vigour against exploitation of children and to ensure their welfare.
"The time has come for common sense, comprehensive immigration reform," said United States President Barack Obama in his opening remarks at a high school in Las Vegas, Nevada, a day after a bipartisan group of senators said the time was right for reform.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Five weeks after he seized the Labor Party leadership, Australian Prime Minister Kevin Rudd on Sunday set September 7 as the date for the country's next parliamentary elections amid growing unemployment and budget deficit.
'Building on the potential for closer ties is the changing narrative in each country about the other. The Chinese narrative on India has become significantly more positive over the past few years,' says Walter Andersen and Zhong Zhenming.
India's net employment outlook -- an indicator of recruitment intentions -- stood at 27 per cent, unchanged from the prior quarter and 18 percentage points weaker year-over-year.
Expressing deep concern over the increasing number of self-immolations by Tibetans, the United States on Thursday asked China to initiate unconditional talks with the Tibetan spiritual leader the Dalai Lama.
Retirees and labour officials acknowledged that the city's finances were in a shambles and they would have to share in the sacrifice to help Detroit recover.
Indian information technology (IT) and businesses process outsourcing (BPO) firms that are heavily dependent on business visas can heave a sigh of relief as the United States Department of Labor (DoL) has decided not to change the Labor Condition Application (LCA) norms for now, said industry sources.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
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