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Canada ends policy allowing visitor visa holders to apply for work permits from within the country
Canada has ended the policy allowing visitors on temporary visas to apply for work permits from within the country, initially introduced during the COVID-19 pandemic. The decision is part of a strategy to maintain the integrity of its immigration system and manage temporary foreign worker levels.
‘Germany can’t afford to turn its back on migrants’
Germany faces challenges in balancing the need for skilled migrants to fill workforce gaps with rising public discomfort about immigration. Violent crimes allegedly committed by foreigners are fueling support for the far-right AfD party. The government aims to attract skilled workers through reforms but faces criticism and opposition from various factions.
New RuPay credit card on UPI rule: RuPay credit card reward point rules from September 1
New RuPay credit card on UPI rule: NPCI has instructed all banks that issue RuPay credit cards to ensure that the rewards points, benefits, features, and other offers on RuPay Credit Cards for UPI transactions are not inferior. This decision was made because it was noticed that the rewards points, benefits, and features for RuPay credit cards on UPI transactions are not equal to those offered on Card transactions.
VE Commercial Vehicles signs pact with Baidyanath LNG for deployment of 500 LNG trucks
Volvo Eicher Commercial Vehicles (VECV) has signed an initial agreement with Baidyanath LNG Private to deploy 500 LNG trucks, aiming to develop green trucking routes and expand the LNG Corridor in India. Union Minister Nitin Gadkari inaugurated Baidyanath LNG's third facility in Nagpur and flagged off the Eicher Pro 6055 LNG trucks.
The government is estimated to have earned up to Rs 627 crore from late ITR filing fee till August 22, 2024
Belated ITR fees: The government may have earned up to Rs 627 crore from collection of late ITR filing fees till August 22, 2024. As per rules a late filing fee of Rs 5,000 or Rs 1000 or nil is levied for filing a belated ITR after the due date. There were about 14 lakh ITRs filed between August 1, 2024 and August 22, 2024.
Visa applications in India surpass pre-pandemic volumes in first half of 2024
In the first half of 2024, visa applications in India surpassed pre-pandemic levels for the first time since COVID-19, exceeding H1 2019 volumes by 2%, with an 11% increase from the same period in 2023, according to VFS Global.
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Workers in Australia can now legally ignore work calls, emails after office hours
Australia's new "right to disconnect" law, effective Monday, allows employees to ignore work-related texts and emails outside of work hours without fear of punishment. This legislation, which aligns Australia with about twenty other countries with similar laws, aims to protect workers from the intrusion of work into their personal lives, a trend that has worsened since the COVID-19 pandemic.
Abu Dhabi is betting on a $10 bn upgrade to get wealthy expats to move in
Abu Dhabi is undergoing a major transformation as it invests billions into new construction projects to boost tourism, diversify its economy, and attract global talent. The Guggenheim museum, set to be 12 times larger than its New York counterpart, and other cultural landmarks like the Zayed National Museum are part of a $10 billion initiative to enhance the city’s cultural appeal.
IndiGo eyes gender-neutral 'Mx' option for internal candidates
IndiGo considered adding 'Mx' as a gender-neutral honorific for internal candidates to promote inclusivity. The airline implemented programs to support the LGBTQ+ community, including referral programs and medical benefits like gender reassignment surgery. The airline hired many LGBTQ+ individuals and planned to double its number of employees with disabilities next financial year.
Amazon India set to tweak seller fees ahead of festive season
Amazon India adjusted its seller fee structures starting September 9. Reduced commissions across multiple categories aimed at supporting sellers during the festive season, with a focus on low-priced products. Categories such as ethnic wear and home furnishings saw significant fee reductions, while others like backpacks and studded fine jewellery had fee increases.
Amazon India set to tweak seller fees
In March, ET reported about Amazon increasing commissions in the range of 10-30% across major segments. At the time, it had shifted several categories like car electronics, keyboards and mouses, and personal care appliances from a single flat commission to a tiered system based on ASP. This time, categories like apparel, home furnishing, fashion and sports will see a reduction in seller commissions.
WazirX security breach: Crypto platform to resume INR withdrawals in phases starting August 26
WazirX will lift the suspension on INR balance withdrawals starting August 26. Users can withdraw 66% of their balances by September 22. A breach in its multisig wallet resulted in a loss of $230 million, leading WazirX to adopt a Singapore scheme to fairly resume cryptocurrency withdrawals after user approval.
Planning a trip Australia? Get fluent in these must-know Aussie slang terms
Australians are renowned for their unique twist on English, with playful abbreviations like "sunnies" for sunglasses and "arvo" for afternoon becoming a hallmark of their slang. This distinctive use of language, which includes terms from Indigenous languages, has gained prominence online and influenced popular culture. Key expressions include "yeah, nah" (meaning no), "woop woop" (a remote place), and "hard yakka" (hard work), all reflecting the colorful and evolving nature of Aussie English.
ICC planning multi-million dollar fund to save Test cricket: Report
The ICC is considering a USD 15 million fund to boost Test cricket, helping increase player match fees and support struggling cricket nations. Proposed by Cricket Australia and backed by the BCCI and ECB, the fund aims to offer minimum payments of USD 10,000 per Test and cover overseas tour costs.
Russia to provide temporary residence to people trying to flee 'Western liberal ideals'
President Vladimir Putin has signed a decree allowing foreigners who oppose neoliberal ideals in their own countries to seek refuge in Russia, where traditional values are upheld. The new policy permits these individuals to apply for temporary residence without needing to meet certain requirements, such as demonstrating knowledge of the Russian language or history.
Sunak-era crackdown causes sharp fall in UK health worker visas
The number of British visas granted to foreign health and care workers, as well as to the family members of international students, has sharply declined following new restrictions imposed by the previous Conservative government to curb net migration. In the year ending June, visas for health and care workers dropped by 26%, with a staggering 81% decrease in the April-June quarter.
This Canadian province has paused colleges from launching new international programs
The Ontario government has imposed a ban on colleges and universities entering new contracts or agreements to offer post-secondary programs abroad. Outgoing Minister of Colleges and Universities, Jill Dunlop, announced the moratorium in a memo, emphasizing the need for institutions to concentrate on their primary mission of serving Ontarians and supporting local communities.
Bharti Airtel's GST demand reduced to ₹194 crore from ₹604 crore by Appellate Authority
Bharti Airtel's GST demand has been significantly reduced by the Appellate Authority to Rs 194 crore from the originally assessed Rs 604.66 crore. This follows an appeal by Airtel against the demand for taxes on license fee and spectrum usage charges. The company is now evaluating the implications of this decision.
GST appellate authority orders Airtel to pay Rs 194 cr GST on license fee, SUC demand
The GST Appellate Authority has directed Bharti Airtel to pay Rs 194 crore for GST on licence fees and spectrum usage charges as demanded by the Department of Telecom. Initially, the company had been asked to pay Rs 604.66 crore, but an appeal reduced this amount. The company is currently assessing the appeal order's impact.
UK, Canada & Australia losing popularity among international students
Studyportals' recent research reveals a growing shift among prospective international students away from Australia, Canada, and the UK, largely due to restrictive immigration policies in these countries. Interest in on-campus programs in Canada and the UK saw an initial rise in January 2024 but then dropped sharply from February to July 2024, particularly for Canada.
Brazil to impose restrictions on entry of Indian & other Asian migrants, aiming to curb migration to US & Canada
Starting Monday, Brazil will impose new restrictions on Asian migrants seeking refuge who use the country as a transit point to reach the U.S. and Canada. The measure targets migrants from India, Nepal, and Vietnam, who often stay in Brazil after booking flights with layovers in São Paulo. Under the new rules, travelers without visas will need to continue their journey or return home.
What should investors do with Zomato stock after Paytm deal? Karan Taurani answers
How do they achieve these kind of profitability levels is going to be a key monitor. Otherwise, as far as market is concerned, they have that clout. This will give a much needed boost to currently going out business, which is somewhere around 400 crores in terms of annualised basis revenue.
Japan lifts Mount Fuji barrier after tackling tourist overcrowding
Mount Fuji’s views are once again visible after Fujikawaguchiko temporarily removed a barrier that had been installed in May to manage the chaos caused by international tourists trying to photograph the volcano. The large screen was set up in response to local complaints about overcrowding and littering.
SBI home loan offer: State Bank of India to offer waiver up to 100% on processing fees until this date
SBI home loan interest rates vary between 8.50% to 9.65% and vary depending on the CIBIL Score. Banks and lending institutions charge a one-time fee on certain types of home loan known as processing fee.
D-Street bull run brings windfall gains for Sebi too
Indian stock markets have seen a strong performance, resulting in increased earnings for the Securities and Exchange Board of India (Sebi). In FY24, Sebi's fee collection from market intermediaries rose 53% to ₹1,851 crore. Major contributors included higher regulatory fees from stock exchanges and increased turnover in both cash and derivatives markets.
What is IndiGo's 'Cute Fee' on flight tickets? Airline responds after flyer asks if he is 'cute'
Advocate Shrayansh Singh’s social media post questioning IndiGo Airlines’ "Cute Fee" has sparked a lively debate online. Singh humorously asked if the fee was for being “cute” or if it reflected the airline’s view of its planes. IndiGo explained that the "Cute Fee" refers to charges for using airport equipment like metal detectors and escalators. Singh challenged this explanation, arguing such costs should be covered by taxes rather than additional passenger fees.
Exclusive: Swiggy tweaks service fee policy, non-metro restaurants to pay more in commision
Swiggy has revised its service fee calculation for restaurants in non-metro areas. The fee was previously levied on net value for restaurants in smaller cities, while those in metros were already charged on the gross value. This adjustment, affecting around 1,000 restaurants from August 14, aligns fee structures with metro partners.
Axis PRIMUS Credit Card launched: 1 EDGE Mile reward for every Rs 100 spent without restrictions; check features, annual fee
Axis Bank has introduced PRIMUS Credit Card, a high-end credit card targeting affluent customers. The card offers a straightforward rewards program, allowing users to earn EDGE Miles for every Rs 100 spent, convertible to airline miles. Axis Bank PRIMUS cardholders can enjoy exclusive perks such as domestic and international airport lounge access, Michelin-star restaurant reservations. However, the card comes with a premium price tag to match its exclusive offerings.
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