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    INNOVATION VISA

    US chip dreams will fade without more immigrants

    In a rare display of bipartisan cooperation, Democrats and Republicans passed the Chips and Science Act to revitalize US semiconductor manufacturing. However, a failure to address the shortage of skilled workers threatens the industry's growth. Proposed solutions include a specialized visa program and increased support for STEM education.

    US Visa Bulletin For July 2024: Huge leap forward in a major Green Card category for Indians

    For those who are applying for Green Cards, it is essential to comprehend the Visa Bulletin since it contains important details regarding the deadlines for modifying immigration status and eligibility depending on application submission. With two crucial sections, the bulletin serves as a roadmap for the Green Card application process.

    RBI sets up panel to track online payment frauds; AP Hota to head committee

    Along with Hota, representatives of NPCI, State Bank of India, HDFC Bank and ICICI Bank have been made members of the committee. The platform will establish operational guidelines for the proposed processes, determining the extent of data to be provided by reporting entities such as banks and fintechs. The committee will be responsible for defining these guidelines.

    Adani Group & ICICI Bank launch co-branded credit cards with airport lined benefits

    Adani Group and ICICI Bank have joined hands to introduce co-branded credit cards offering airport-linked benefits, aiming to enhance customer experience across various businesses. The Adani One app, launched in December 2022, serves as a digital platform for booking tickets, accessing airport facilities, and more. The cards provide perks like Adani Reward Points on various spends, premium lounge access, free air tickets, discounts on duty-free shopping, and F&B expenses at airports.

    Cryptocurrencies: Misunderstood in a hurry, 99.99% are speculative, but understanding 0.01% is worth the effort to find a new FANG

    According to rough estimates, as on date there are more than 10,000 crypto currencies which are available for trading. Do you know that there is nothing which stops you from launching another crypto currency. So there is a dichotomy in the world of crypto currencies. On one side there is “ bitcoin” whose biggest selling point is that it has limited supply, but on the other hand there can be unlimited supply of crypto currencies. So, which part of the story should you believe? There is another divergence, when you dig a bit deeper, yes, 99.99% are speculative or probably not even worth having a look at. But another 0.01% are not. Just because they have been clubbed together in the generic basket called “ crypto currencies” they are also being treated as speculative. In reality they are technology platforms which are solving a problem which traditional tech companies have not been able to solve because of multiple reasons. So, rather than painting them same brush, it is time to understand them because the fact is crypto are here to stay

    Study Abroad: Challenges and opportunities for Indian students

    Studying abroad has long been a cherished aspiration for many Indian students, offering opportunities for global careers and expanded knowledge. Despite the challenges posed by stricter immigration policies and increased scrutiny, the desire for international education remains strong. Factors driving this trend include the diversity of academic programs, global exposure, availability of scholarships, and access to advanced technology and innovation.

    • Dubai launches long-term Dubai Gaming Visa for gamers,content creators & developers

      Dubai has introduced a Dubai Gaming Visa as part of the Dubai Program for Gaming 2033, aiming to establish itself as a global gaming hub by attracting international talent, fostering local expertise, creating jobs, and promoting innovation in the gaming industry, offering long-term residency and career opportunities. Apply following eligibility criteria.

      US Consulate in Hyderabad extends student visa season by two weeks after 10,000 F-1 visa slots disappear in 5 minutes

      The US Consulate in Hyderabad extends student visa season by two weeks in response to appointment booking issues raised by students through an online petition. Limited US visa slots and long wait times in Hyderabad compared to other cities pose challenges for students.

      UK graduate visa crackdown may spur a revolt in government ranks

      PM Rishi Sunak faces opposition from Cabinet members and Foreign Secretary David Cameron, University, and business leaders, including UUK and MAC Chair Professor Brian Bell, over potential restrictions to the UK's Graduate Route visa, impacting Indian students and UK universities.

      UK PM Rishi Sunak faces revolt over plans to scrap Graduate Route visa: Report

      According to 'The Observer' newspaper, Sunak is facing a Cabinet revolt over plans to scrap the Graduate Route scheme, the definitive factor for choosing UK universities among Indian students who have topped the tally of these post-study visas since it was launched in 2021.

      UK's Graduate Visa programs may stay, but Sunak plans crackdown on foreign education agents

      UK Prime Minister Rishi Sunak is set to announce crackdown on agents marketing graduate visa schemes overseas, aiming to toughen migration stance before elections.

      Empowering healthcare innovations: Dr. Noura Khamis Al Ghaithi on ADGHW's role in global healthcare collaboration

      H.E. Dr. Noura Khamis Al Ghaithi discusses ADGHW as a platform for global healthcare collaboration, focusing on innovations and partnerships with Indian healthcare providers. The event aims to develop precision health initiatives, strengthen life sciences research, attract medical tourism, and support a growing startup ecosystem.

      Australia overhauls immigration system with new Innovation Visa

      The Australian government introduces an innovation visa to attract talented workers, replacing the Global Talent visa program. The move marks the end of the Business Innovation and Investment visa program (BIIP) and includes measures to address post-pandemic challenges, such as rental market impact and inflation rates.

      UK universities at risk as international student numbers plunge, report says

      A government-commissioned report warns that further restrictions on international student numbers in Britain could lead to university closures and job losses. The Migration Advisory Committee found a significant drop in postgraduate student registrations, raising concerns about the impact on education quality and the economy.

      HSBC and Deloitte withdraw job offers for foreign graduates in UK after visa rule change

      HSBC and Deloitte retract job offers to foreign graduates in the UK due to stricter visa rules. Graduates, who invested in UK education, face uncertainty. Companies like KPMG also reassess hiring strategies. Visa changes impact recruitment in digital innovation sector. Immigration concerns loom ahead of UK general election.

      Here is why the US ‘keeps trying to cap visas for Indians’

      Harbir K Bhatia, CEO of the Silicon Valley Central Chamber of Commerce, highlighted the significant role of skilled Indian immigrants in America's tech industry, stating that the sector heavily relies on them for innovation and talent. She emphasized that Indians excel in various professions, including technology, farming, and healthcare.

      America's tech industry cannot survive without Indians: SVC Chamber of Commerce CEO

      Located in Santa Clara, the hub of Silicon Valley, the Chamber of Commerce is made up of a group of visionary business leaders from multiple cities that help grow and shape the future of Silicon Valley.

      America's tech industry cannot survive without Indians: SVC Chamber of Commerce CEO

      "India(ans) are one of the largest leaders of innovation in Silicon Valley. At one point, ... the data was collected (according to which) 40 per cent of Silicon Valley CEOs or founders were from South Asia or India. That is so huge," Harbir K Bhatia said.

      Canada pauses Self-Employed Persons Program, caps PR applications via Start-up Visa

      Canada's Start-up Visa Program faces criticism for capping applications, impacting immigrant entrepreneurs seeking permanent residence. The changes aim to reduce backlog and improve processing times, affecting the country's attractiveness as a start-up destination.

      Germany is the most preferred non-English-speaking job destination

      Germany tops the list among non-English-speaking countries in a recent ranking of the most attractive places to work, with Australia leading globally this year. While primarily English-speaking nations dominated the top spots, Germany remains highly sought after, despite dropping to fifth place overall.

      A healthy US economy's secret ingredient: Immigrant workers, eager to fill jobs

      How has the economy managed to prosper, adding hundreds of thousands of jobs, month after month, at a time when the Federal Reserve has aggressively raised interest rates to fight inflation — normally a recipe for a recession? Increasingly, the answer appears to be immigrants — whether living in the United States legally or not. The influx of foreign-born adults vastly raised the supply of available workers after a U.S. labor shortage had left many companies unable to fill jobs.

      Innoviti Technologies to raise Rs 115 crore by April end

      Innoviti Technologies secured funding for mid-market expansion, aiming for profitability by Sep 2024. It provides SaaS tools to enterprise brands like Reliance and plans to initiate IPO proceedings.

      Visionary Wishlist: Five tech inventions bosses would love to see in next five years

      In a world where technology is changing at the speed of imagination, these leaders reveal the developments on their wishlists over the next five years.

      Canada extends work permit processing for H-1B visa holders who missed out due to cap

      Canada processes work permits for H-1B visa holders under a temporary policy launched by IRCC to attract skilled professionals and address labor market shortages, clarifying internal processing procedures for applicants.

      Here are the 10 best jobs in Canada for 2024 & how much they pay

      Indeed Canada has released a report highlighting the top 10 jobs in Canada for 2024, based on factors prioritized by job seekers. These factors include an increase in job advertisements over the past three years, salaries exceeding the Canadian median wage, and job flexibility, indicated by terms like 'hybrid' or 'remote' work in postings.

      Indian students issued record number of student visas in the US, F-1 regulations updated

      In 2023, Indian students in the United States were issued a total of 130,839 F-1 student visas, marking a 14% increase from the previous year, according to an Education Times report. This makes it the second consecutive year where Indians received more US student visas than any other country. Additionally, the total number of F-1 student visas issued in the US in 2023 reached approximately 446,000, an 8.5% rise from 2022 and the highest in a single year since 2016.

      US Embassy in Delhi processes over 1,000 visitor visa applications in 'Super Saturday'

      The US Embassy in New Delhi conducted interviews for over 1,000 visitor visa applicants on Saturday, with Ambassador Garcetti assisting in the process. Garcetti emphasized the importance of fostering US-India connections and facilitating visa procedures. In 2023, US missions in India processed a record 1.4 million visas, reflecting a 60% increase in demand compared to 2022, with Indians comprising one-tenth of all global applicants.

      France's 'talent passport': All about the four-year visa for highly-skilled foreign workers

      France's 'talent passport' allows non-EU nationals who show promise for significant contributions to France's economy or culture, including highly qualified researchers, artists, and individuals distinguished in science, literature, arts, academia, education, or sports, to live and work in France for an initial four-year period.

      Japan announces its digital nomad visa. Here are all the details

      Japan plans to issue six-month visas for digital nomads with an annual income of ¥10 million or more, starting in March. Spouses and children can accompany, private health insurance is required. Remote work is allowed from any location within Japan. Digital nomads contribute to the economy and are seen as catalysts for tourism and domestic innovation.

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