The Trump government has been getting tough on the H1-B Visa regime ever since he assumed power in late January. Firstly, Trump put the issuance of emergency H1-B visas on hold for a period of 6 months. These were special cases where visas could be obtained within a month by paying a higher fee. Indian …
To understand the end of the end of the Trump Rally, one needs to first understand what the Trump rally was all about. When Trump was voted to power in November 2016, it raised hopes that Trump would live up to his promises of cutting individual and corporate taxes as well as investing $1 trillion …
The recent India Development Report (IDR) update released by the World Bank has identified some key economic, financial and environmental parameters that could position India in a sweet spot with respect to growth. In fact, the World Bank has expressed surprise that the Indian economy had recovered quickly from the liquidity effects of demonetization. On …
A key highlight of the dollar has been its waning strength over the last few months. A variety of factors have been attributed to it like a reversal of the Trump Trade, cautious hawkishness from the Fed etc. But above all, it is also an indication that other economies are actually showing signs of strength. …
What is common between Omarosa Manigault Newman, Steve Bannon, Rex Tillerson and Gary Cohn? If you are still groping for an answer; all of them were close aides of Donald Trump but had either resigned or were asked to leave in the last 6 months. Normally, exits from the hallowed portals of White House are …
Recently the global market capitalization of all listed stocks across the world touched a high of $72 trillion. Interestingly, the world market cap had touched a high of $67 trillion way back in 2007 at the peak of the global equity boom. When the sub-prime crisis struck and later Lehman went bust the global contagion …
In the latest meet of the Federal Open Market Committee (FOMC), the board of the Fed opted to maintain status quo on rates. Thus the Fed rate remains in the range of 0.75% to 1.00%. It may be recollected that the Fed rate was hiked in December 2015 for the first time after a gap …
The US Federal Reserve (Fed) announced on 24th May the minutes of the Fed meet held on 03rd May 2017. It may be recollected that in the May 03rd FOMC meet the Fed had chosen to maintain status quo on rates. The big debate now is over the number of rate hikes that the Fed …
The last time that the Chinese economy was downgraded by a rating agency was nearly 3 decades back in 1989. That was in the immediate aftermath of the Tiananmen Square massacre where the Red Army had rolled its tanks over a student protest resulting in the death of 10,000 students. Since the early 1990s, China …
As we herald a new year, the real action could be on the global front. Year 2016 was quite eventful. On the political front, Donald Trump was elected as the president of the US against all odds. Surprisingly, Britain voted in favour of moving out of the EU (popularly called BREXIT). On the economic front, …
