New Delhi, Jan 31: IT stocks plunged over 4% on Tuesday, knocking off more than Rs 33,000 crore in market valuation of top five firms, after a new H-1B Bill in the US+ set off concerns that it will adversely impact hiring plans of Indian technology firms. TCS slumped by as much as 4.47%+ to settle at Rs 2,229.90 on BSE. Intra-day, the stock had hit a low of Rs 2,206.55. Infosys lost 2.01% to close
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Srinagar, Jan 31: Two snowshoers from Kashmir have alleged they have been denied visa to the US due to "current (US) policy". "Indian Snowshoers Denied Visas, due to 'current (US) policy'. This from our good friend Abid Khan, from Kashmir, minutes ago in our Facebook Messaging," Clyde Rabideau, Mayor of the Village of Saranac Lake in New York, wrote on his Facebook page. The snowshoers reportedly
Bulandshahr, Jan 31: BJP lawmaker Yogi Adityanath has praised US President Donald Trump's temporary ban on citizens from seven Muslim-majority countries - roundly condemned within the US and worldwide - and said similar action is needed to check terrorism in India. While campaigning for the Uttar Pradesh polls to be held from February 7, the firebrand leader also focused on his party colleague's
New Delhi, Jan 31: Demonetisation will shave off the economic growth for the current fiscal by 0.25 per cent to 0.50 per cent though it will have long-term benefits for the economy by reducing interest rates and eliminating corruption, besides bringing in more activities in the formal sector. The cash squeeze, following junking of high value notes of Rs 500/1000 on November 8, 2016, the Economic
New Delhi, Jan 31: President Pranab Mukherjee today favoured a constructive debate on simultaneous elections to Lok Sabha and Assemblies and funding of polls to eradicate money power. The Government, he said, is also committed to combating terrorism and to ensure that perpetrators of such acts are brought to justice. In his address to the joint sitting of both the Houses of Parliament marking the
Srinagar, Jan 30: Five soldiers, found trapped under snow in Macchil sector and rescued on Saturday, succumbed to injuries today, taking the toll of army personnel killed in avalanches in Kashmir to 20. Braving inclement weather, Army aviation pilots today airlifted the five injured soldiers from Macchil to Srinagar for specialised treatment, an army official said. "Unfortunately, all five brave
New Delhi, Jan 30: The Supreme Court of India on Monday appointed former CAG Vinod Rai to head Board of Control for Cricket in India (BCCI) along with noted historian Ramachandra Guha, former Indian cricketer Diana Edulji and IDFC official Vikram Limaye. SC in its hearing declined Centre's request to appoint secretary of sports ministry as the member of the committee. SC referred to its earlier
New Delhi, Jan 30: In a bid to corner Congress ahead of the Budget session, BJP today launched a fresh attack on it over the Vijay Mallya case, alleging the "corrupt hands" which helped him get bank loans belonged to the then Prime Minister Manmohan Singh and Finance Minister P Chidambaram. The party quoted from purported letters written by businessman Mallya to Singh in which he sought his
Mumbai, Jan 30: Upping the ante against its ally BJP, Shiv Sena today said Chief Minister Devendra Fadnavis will be "sent home" if he continues to level charges against it in the run up to the local body polls. The remarks from the bickering ally came after Fadnavis hit out at it at a BJP rally here on Saturday, close on the heels of the Sena deciding against a pre-poll pact with the senior
New Delhi, Jan 30: The Reserve Bank of India (RBI) has rejected the request of the Election Commission to enhance the weekly cash-withdrawal limit, imposed after demonetisation, for those contesting Assembly elections in five states, prompting an angry reaction from the poll panel. The Commission had on Wednesday requested RBI to enhance the withdrawal limit of candidates to Rs 2 lakh from Rs 24