Business News LIVE Updates: Oct 20, 2024 – H1B visa era ‘Thing of Past,’ says Piyush Goyal, as India eyes new investment avenues
In a recent meeting at Vanijya Bhavan, New Delhi, Union Minister of Commerce and Industry, Piyush Goyal, made a significant announcement regarding the H1B visa issue. Goyal declared that the H1B visa problem is now “a thing of the past,” indicating a positive shift in India’s approach towards new investment avenues.
Goyal emphasized that the topic of H1B visas would no longer be a point of discussion in international dialogues, signaling a more progressive stance on the matter. This development is expected to have far-reaching implications for businesses and investors looking to explore opportunities in India.
In addition to this news, the business world is abuzz with other updates, including the launch of nine IPOs worth ₹11,000 crore set to hit Dalal Street this week. Hyundai Motor India is also gearing up for its listing, adding to the excitement in the primary market.
Furthermore, the latest gold and silver prices are also making headlines, with the price of 10 gm of 24-carat gold at Rs. 79,593 in Delhi and 1 kg of silver at Rs. 1,02,600 in the same city.
On the awards front, Isha Ambani recently won the Harper’s Bazaar Icon of the Year award and dedicated it to her mother and daughter, adding a touch of glamour to the business news updates.
Meanwhile, Boeing has offered to increase wages by 35% and up bonuses to end a strike that has been ongoing for over a month. The negotiations between Boeing and the striking machinist union are aimed at resolving the strike and getting airplane production back on track.
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