What Is In For You In The $1.9 Trillion COVID-19 Relief Bill Congress Passed?

The Democrat controlled US House of Representatives approved a massive $1.9 trillion coronavirus relief package, advancing President Joe Biden's top agenda item and providing more resources to schools and businesses, boost funding for vaccinations and testing, and grant financial relief to Americans across the country. […]

Reliance Acquires Majority Stake In US-Based Skytran Inc

Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has increased its shareholding to 54.46 […]

Indian-Americans Launch New Hotel Franchise Promising Better Terms To Hoteliers

A group of experienced Indian American hoteliers, who have dealt with franchises for over 50 years, launched their first-ever Indian American hotel franchise named Membership Hotel Organization, MHO Hotels, Feb. 16 at Royal Albert’s Palace in New Jersey. The event was attended by 100 invited […]

Roivant Grows Computational Drug Discovery Engine with Acquisition of Silicon Therapeutics

Roivant Sciences today announced it has entered into a definitive agreement to acquire Silicon Therapeutics for $450 million in Roivant equity, with additional potential regulatory and commercial milestone payments. Silicon Therapeutics has built a proprietary industry-leading computational physics platform for the in silico design and optimization […]

Fishermen in Sothern Indian State Ask Govt To Scrap Fishing Project

Traditional fishermen are opposing a multimillion-dollar overseas deep-sea fishing project in Kerala that they say threatens the livelihood of ordinary fisher people in the southern Indian coastal state. Permitting overseas firms to join deep-sea fishing will further impoverish Kerala's traditional fishermen, they say. Following criticism from opposition leaders […]

U.S. Trade Report Calls ‘Make In India’ Policy As “Trade Restrictive”

The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s policies “trade-restrictive” […]

New Jersey’s Indian-American Business Leaders Discuss India’s Consul General On Ways To Help India’s Development

Several leading New Jersey business- owners of Indian origin met with Consul General of India in New York on Feb. 16, 2021 and discussed on ways they could contribute to help India’s economic development and grow U.S.-India relations, according to a report by Parikh Media. […]

U.S. Citizenship Act of 202 Benefits for Indian Americans Awaiting Path to Legal Status

According to the State Department, Indians with advanced degrees whose immigration applications were approved in 2009 and skilled workers and professionals whose applications were okayed in 2010 are still waiting for their green cards because each country regardless of size are allowed only 26,000 green […]

Travel, Hospitality Sectors Hit Hardest By Covid-19: Report

The tourism, travel and hospitality industries have been hit the hardest by the Covid-19 pandemic, a report by Institute of Management Accountants (IMA) said. Accordingly, the survey report results reflect an across-the-board decline in revenue, with very large companies most likely to have experienced a […]

Living Paycheck to Paycheck? 7 Tips for Avoiding Extra Fees

Living paycheck to paycheck is exhausting. As soon as your paycheck comes in, you have to spend it all on necessities like rent, utilities, insurance, and paying off debt. There’s usually little, if anything, left for savings or recreational activities.   Then, something even worse […]

As Biden Reopens ACA Enrollment, Are You Eligible To Sign Up Or Switch Health Plans?

For people who've been without health insurance during the pandemic, relief is in sight. In January, President Biden signed an executive order to open up the federal health insurance marketplace for three months starting Monday so uninsured people can buy a plan and those who want to change their […]

Elon Musk, The World’s Richest Man, Gets A Whole Lot Richer

For a CEO who receives no salary, Elon Musk's 2020 payday reached sky-high levels. He received four grants to buy 8.4 million Tesla shares in 2020. After paying the exercise price, those blocks of stock options were each worth $6.2 billion at Wednesday's closing price. The combined […]

Biden Wants $1.9 Trillion Covid Relief With Or Without GOP Support

President Joe Biden gave his strongest indication yet that he’ll push for swift action on coronavirus relief for the U.S. economy without Republican support, as House lawmakers cleared the way for passing his $1.9 trillion stimulus plan with only Democratic votes. Highlighting his emphasis on […]

Democrats Want To Give $3,000 Child Benefit As Part Of Biden Relief Package

House Democratic leaders planned to unveil legislation that would give millions of families at least $3,000 per child, advancing a key provision in President Joe Biden's $1.9 trillion Covid-19 relief package. Chairman of the Ways and Means Committee Richard Neal, who is leading the crafting […]

America’s Billionaires Have Grown $1.1 Trillion Richer During The Pandemic

Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively become $1.1 trillion -- nearly 40% -- richer since mid-March, according to a report published Tuesday by progressive groups Institute for Policy Studies […]

New H-1B Rule Is “Last Gasp” Of Trump Effort To Limit Immigration

The Department of Labor (DOL) announced last week that it is issuing a 247-page rule to increase wage levels significantly for the H-1B nonimmigrant worker category and for certain employment-based green card applications. Stephen Yale-Loehr, professor of immigration law at Cornell Law School and co-author of a leading […]

Biden’s $1.9 Trillion Covid Relief Proposal Has Ambitious Plans for Rekindling US Economy

President-elect Joe Biden unveiled a $1.9 trillion relief package Thursday that included more stimulus payments and other direct aid, but don't expect to see those funds in your bank account anytime soon. There's a lot that has to happen before Biden's plan -- which is chock-full of […]

Rule Expected to Protect the Economic Interests of American Workers

U.S. Citizenship and Immigration Services has announced a final rule that will modify the H-1B cap selection process, amend current lottery procedures, and prioritize wages to protect the economic interests of U.S. workers and better ensure the most highly skilled foreign workers benefit from the […]

Kiran Mazumdar-Shaw Is New Vice-Chair Of US-India Business Council

US-India Business Council (USIBC) has selected Biocon Executive Chairperson Kiran Mazumdar-Shaw as one of its vice-chairs effective immediately. US Chamber of Commerce's USIBC on January 14 announced three vice-chairs to its 2021 Global Board of Directors. The two other business executives joining Shaw as vice-chairs […]

United Airlines Launches New Daily Delhi-Chicago Non-Stop Flight

US-based United Airlines has launched its new daily non-stop service between Delhi and its hometown hub of Chicago. Accordingly, these daily flights will be operated by a Boeing 787-9 Dreamliner aircraft. “Starting December 2020, we’re excited to launch even more routes from the U.S. to […]

Protesting Indian Farmers Call For 2nd Strike In A Week By SHONAL GANGULY (AP News)

Tens of thousands of protesting Indian farmers called for a national farmers’ strike on Monday, the second in a week, to press for the quashing of three new laws on agricultural reform that they say will drive down crop prices and devastate their earnings. The farmers […]

“House Of Spices” Set To Expand In The Us With 2nd Generation Family Owners Share New Vision For The U.S. Market

House of Spices, the oldest South Asian food company in the USA and is widely known by its brand “Laxmi,” has evolved over the years as a business leader in the South Asian food space with multiple leading South Asian food brands under its umbrella […]

Air India To Begin Flights From Bengaluru To San Francisco Starting Jan 2021

India’s national carrier Air India is set to connect Bengaluru and San Francisco via a non-stop flight from 2021, the Kempegowda International Airport. As of January 11, 2021, Air India will launch 2x weekly flights between Bangalore and San Francisco, as follows: AI175 Bangalore to […]
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