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Stranded! How H-1B backlogs are creating cross-border tax compliance risks for professionals

As H-1B delays persist, the issue warrants attention beyond immigration policy alone. For more than three decades, the H-1B visa program has been a cornerstone of economic integration between India and the United States, enabling movement of highly skilled professionals into sectors critical to US productivity and innovation. Indian nationals account for more than 70%…

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Gems trade slump: Exports fall 31% in October; bullion volatility, early US stocking hit demand

India’s gems and jewellery exports fell sharply in October, sliding 30.57% to $2.17 billion (Rs 19,172.89 crore) compared to the same month last year, according to data released by the Gems and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports in October 2024 had stood at $3.12 billion (Rs 26,237.1 crore).GJEPC chairman Kirit Bhansali said the…

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India-US sign rare earth framework: How the critical minerals pact could benefit New Delhi

India and the US on Tuesday signed a bilateral framework covering the supply, mining and processing of critical minerals and rare earth elements. The agreement was announced by external affairs minister S Jaishankar after bilateral discussions and the Quad Foreign Ministers’ meeting, where the issue also featured prominently.“We are today signing a bilateral India-US framework…

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