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Trump effect? US jobless rate drops to 3.9% in July; 157,000 new jobs created
Ians •US employment has risen for 94 consecutive months, the longest jobs-expansion streak on record.
Multiple H-1B applications will lead to rejection; to intensify scrutiny of non-immigrant visas, warns USCIS
•The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals working in areas with shortages of qualified American workers.
Indian companies create over 1 lakh jobs in US: Report
•The annual report gives state-by-state breakdown of the tangible investments made and jobs created by 100 Indian firms doing business in America and Puerto Rico a Caribbean island and unincorporated US territory.
US Fed explains the rationale behind increasing rate by 25 bps: Full statement
•The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation
US Fed hikes rate: Dollar crunched, bonds boosted on hopes of gradual rises
•Analysts are saying buy emerging market FX, equities and commodities as US Fed has made world safe for risk until June
Donald Trump accuses IBM of moving US jobs to India
•Trump accused US tech giant IBM of laying off 500 workers in Minneapolis and shifting their jobs to India and other countries
Sensex jumps nearly 500 pts to touch new 2016 high; 6 key points to know
Fp Staff •After starting with gains of over 200 points at the opening bell, the 30-share benchmark Sensex raced past 27,600-mark to touch a high of 27,612.86, up 486 points
It's just another manic Monday for the Indian rupee
Vivek •One dollar is now worth around Rs 60.99. Looks like the RBI has intervened to sell dollars and buy rupees.
Asia shares at 16-month high, US jobs data key
Fp Archives •The main board is expected to rise today, but gains will be limited in the absence of game-changing events since the last session as markets await U.S. employment data
June US job growth more than expected; will Fed scale back its monetary stimulus?
Fp Archives •Employers added 195,000 new jobs to their payrolls last month, the Labor Department said on Friday, while the unemployment rate held steady at 7.6 percent as more people entered the workforce.