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Showing posts with the label United States

Chinese solar panels may cost more: Directorate suggests 70% safeguard duty

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DGS acknowledges serious injury to domestic industry; no duty proposed on imports from the EU and US LATEST NEWS :  The Directorate General of Safeguards Duty (DGS), in its preliminary report investigating the dumping of solar cells, (whether or not assembled in modules or panels), has suggested a 70 per cent safeguards duty on imports from China. The DGS has identified ‘serious injury’ to the domestic industry caused due to increasing imports and declining prices of Chinese solar panels. “I recommend that pending a final determination, considering the average cost of sales by the Domestic Industry arrived at on the basis of import quantity ratio of solar cells and solar modules (confidential), a reasonable return on the cost of sales excluding interest, the present level of import duties, and the present average import prices, a provisional Safeguard Duty be imposed at the rate of 70 per cent (Seventy percent) ad valorem on the imports of the PUC (solar cells),” said th...

Trump admin's H-1B changes could lead to mass deportation of Indians

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These changes could lead to deportation of 500,000 to 750,000 Indian H-1B visa holders LATEST NEWS :  The proposed US Bill, Protect and Grow American Jobs, is riddled with "onerous conditions" and places "unprecedented obligations" on both Indian IT companies and clients using H-1B visas. Software body Nasscom said it has flagged its concerns around visa-related issues in the US with the Senators, Congressmen and the administration, and will engage further in a dialogue over the next few weeks over the proposed legislation. The Bill, which is aligned with President Donald Trump’s “Buy American, Hire American” vision to protect local jobs for American, proposes new restrictions to prevent abuse and misuse of H-1B visas. It tightens the definition of visa-dependent companies and imposes fresh restrictions in terms of minimum salary and movement of talent. If the proposal gets approved, it can cause large-scale deportation of H-1B visa holders, a ...

Obamacare: Mike Pence breaks tie, Senate rejects first Republican amendment

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Democrats are united against the bill, saying it would end healthcare coverage for millions LATEST NEWS : US Senate Republicans have voted in favour of a floor debate on their efforts to re-write healthcare policy, with Vice President Mike Pence breaking the tie. The Senate on Tuesday decisively rejected a Republican proposal to repeal-and-replace Obamacare as Senator John McCain returned from Arizona to applause from fellow senators to cast a critical vote for Republicans, CNN reported. The floor debate will on Wednesday morning continue to overhaul the Affordable Care Act, even though there are no guarantees the votes are there to eventually pass the bill. Two GOP senators -- Susan Collins and Lisa Murkowski -- sided with all Democrats in opposition, meaning all remaining Republicans and Pence were necessary for the motion to pass. The vote came as Senate Majority Leader Mitch McConnell and President Donald Trump dared their fellow Republicans to block th...

Chemical attack in Syria kills dozens; Trump blames Assad, Obama regime

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However, Syria denied that either its forces or Russian forces were behind the attack US President  Donald Trump  condemned the "intolerable" alleged chemical attack on civilians in Syria and blamed the Bashar al-Assad regime, media reports said. "Today's chemical attack in Syria against innocent people, including women and children, is reprehensible and cannot be ignored by the civilised world,"  Efe news  quoted Trump as saying on Teusday in a statement. Trump said that "heinous actions by the Bashar al-Assad regime are a consequence of the past administration's weakness and irresolution", referring to former President Barack Obama, who "said in 2012 that he would establish a 'red line' against the use of chemical weapons" in Syria but then "did nothing". "The United States stands with our allies across the globe to condemn this intolerable attack," the President concluded. Shortly before Trump...