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- BASHING Americaâs legacy media organisations may be Donald Trumpâs most consistent hobby. Americaâs president has repurposed the term âfake newsâ, which originally referred to online political-disinformation campaigns, to apply to all unfavourable coverage of his administration, regardless of its veracity.
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- Trump said at the start of his meeting with Italy's Giuseppe Conte that the country's new populist government ``has taken a very firm stance on the border.
AP FACT CHECK: Collusion not a crime? Not exactly the point. WASHINGTON (AP) â" President Donald Trump denies any "collusion" with the Russians, while his lawyer Rudy Giuliani says it's not even a crime. Case closed? Not exactly. Giuliani is right that the term "collusion" isn't a precise one when it comes to U.S. law. - A senior government official said a cabinet note is being prepared by department of public enterprises (DPE) on status of loss-making firms, their assets and closure approvals.
Global lenders line up to finance Birla's $2.6 billion Aleris dealThe move spotlights the increasing role of global lenders in raising cash for outbound M&As by Indian cos. Govt to monetise land lying with sick PSUsDepartment of public enterprises (DPE) is making a cabinet note on loss-making firms and their assets. H1B heartbreak for Indians as visa denial upsData analysed over the years show USCIS adjudicators deny more applications and issue a higher rate of Requests for Evidence for Indians on both H-1B and L-1 petitions. PM calls Imran Khan, congratulates him for winPrime Minister Narendra Modi expressed hope that democracy will take deeper roots in Pakistan. Government looks to pool land holding of loss-making PSUs to monetise asset Department of public enterprises (DPE) is making a cabinet note on loss-making firms and their assets. Govt to monetise land lying with sick PSUs NEW DELHI: The government is looking to pool land owned by lossmaking public sector companies and hand it over to state run developers such as NBCC (India) Ltd to develop it and realise value or sell it through a bidding process.A senior government official said a cabinet note is being prepared by department of public enterprises (DPE) on status of loss-making firms, their assets and closure approvals. The government had come up with guidelines on closure of loss making companies in 2016 under which a land management agency (LMA) was to be appointed by the administrative ministry or the CPSEâs board to assist in disposal of land.âThe land management agency will also be a CPSE such as NBCC and will get a fee of 0.5% of value realised from disposal of such land subject to a cap of Rs 1 crore,â the guidelines said, adding the LMA will determine the current land use and its suitability for industrial, manufacturing or some other purposes.âThis firm could be on the lines of Public Sector Land Development Authority (PSLDA), which will maximise the value of excess land with sick units that can be sold for commercial use,â he said.DPE has already sought information from administrative ministries and the status report on any litigation holding up closure among other details the above quoted official said, adding that most central public sector enterprises (CPSE) have given details of both movable and immovable assets. H1B heartbreak for Indians as visa denial ups There has been a substantial increase in denial of H-1B visa petitions of Indians by the US Immigration authority as compared to people of other nationalities, according to a report by an American non-profit body.Also, Indian applicants received the most number of Request for Evidence for applications than the people from other countries, said the National Foundation for American Policy report, compiled on the basis of the information received from the US Citizenship and Immigration Service (USCIS).USCIS makes an inquiry called a Request for Evidence, or RFE, when they require additional evidence to make a decision on a H-1B case."USCIS adjudicators were much more likely to issue a Request for Evidence for applications for Indians than for people from other countries," it said.In the fourth quarter of FY 2017, 72 per cent of H-1B cases for Indians received a Request for Evidence, compared to 61 per cent for all other countries.Data analysed over the years show USCIS adjudicators deny more applications and issue a higher rate of Requests for Evidence for Indians on both H-1B and L-1 petitions, the report said.The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.An L-1 visa is a visa document used to enter the US for the purpose of work. It is a non-immigrant visa, and is valid for a relatively short period of time, from three months to five years, based on a reciprocity schedule.Also, there was a 42 per cent increase in the proportion of H-1B petitions denied for India-born professionals from the third to the fourth quarter of FY 2017.In the third quarter, 16.6 per cent of the completed H-1B cases for Indians were denied compared to 23.6 per cent in the fourth quarter.Similarly, there was a 40 per cent increase in the proportion of H-1B petitions USCIS adjudicators denied for professionals from countries other than India from the third to fourth quarter, rising from a denial rate of 14 per cent in the third quarter to 19.6 per cent in the fourth quarter.The report said that H-1B denials and requests for Evidence (RFEs) increased significantly in the 4th quarter of FY 2017, likely due to new Trump administration policies.The proportion of H-1B petitions denied for foreign-born professionals increased by 41 per cent increase from the 3rd to the 4th quarter of FY 2017, rising from a denial rate of 15.9 per cent in the 3rd quarter to 22.4 per cent in the 4th quarter, it said.The number of Requests for Evidence in the fourth quarter of FY 2017 almost equalled. The total number issued by USCIS adjudicators for the first three quarters of FY 2017 combined (63,184 vs 63,599).Failure to comply with an adjudicator's Request for Evidence will result in the denial of an application.As a percentage of completed cases, the Request for Evidence rate was approximately 69 per cent in the fourth quarter compared to 23 per cent in the third quarter of FY 2017, the report said. - Confusion continues over potential Czech purchase of Israeli radar
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- Uncertainty continues to surround the potential purchase by the Czech Republic of an Israeli air-defence radar over the question of its potential integration within NATO’s air-defence network.
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- So where is the Mahagathbandhan that will challenge the BJP? asks Amit Shah
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- The transit and transportation treaty is likely to end India's monopoly over the landlocked nation's trade through Haldia port in Kolkata. It gives Nepal an option to use the next nearest Tianjin port in China that is 3,000 km from Nepal border.
- Nepal: PM KP Sharma Oli pledges early implementation of transport, transit agreement with China
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Tuesday, July 31, 2018
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