International
Three U.S. senators have introduced bills to tighten rules for the H-1B and L-1 visa programs, citing misuse by companies and institutions. Senators Chuck Grassley and Dick Durbin proposed raising wage standards, mandating public job postings, and narrowing eligibility. Separately, Tom Cotton introduced legislation to end exemptions that allow universities and non-profits
International
The U.S. federal government entered a partial shutdown at 12:01 a.m. EDT on October 1, 2025, after Congress failed to pass legislation to keep operations funded. The impasse stemmed from disagreements over health subsidies, Medicaid cuts, and overall federal spending. How Shutdown Happened Both rival proposals—from Republicans and Democrats—were rejected in the Senate on
Defence National
GE Aerospace has delivered the fourth GE-F404-IN20 engine to Hindustan Aeronautics Limited (HAL), fulfilling part of a contract signed in 2021. This engine is destined for India’s Light Combat Aircraft (LCA) Tejas Mk1A program. Contract and Delivery Background Under the 2021 agreement, HAL is to receive 99 F404-IN20 engines along with support services. The first […]
Business
LG Electronics India has fixed its initial public offering (IPO) price band at ₹1,080 to ₹1,140 per share. The offer will consist entirely of an Offer for Sale (OFS) of 10.18 crore shares, with no fresh issuance of equity. Issue Size and Valuation If fully subscribed at the upper band, LG aims to raise about […]