Daily News Podcast: 'India suffering worst water crisis in history' : Bulletin: Business Today
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Daily News Podcast: 'India suffering worst water crisis in history'

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June 15, 2018

Trump administration intent on revoking H-4 rule for spouses of H-1B visa holders
The Trump administration has reconfirmed its intent to rescind H-4 rule regarding employment authorisation to certain spouses of H-1B visas, popular among Indian IT professionals. The move will have a major impact on Indian-American women as they are the major beneficiary of the Obama-era rule. "Removing H-4 Dependent Spouses From the Class of Aliens Eligible for Employment Authorization," said the Department of Homeland Security's Unified Agenda in the federal register notification of its semi-annual regulatory agenda.
India suffering worst water crisis in history, says Niti report 
India is suffering from 'the worst water crisis' in its history with about 60 crore people facing high to extreme water stress and about two lakh people dying every year due to inadequate access to safe water, Niti Aayog said in a report. The report, titled 'Composite Water Management Index' released by Minister for Water Resources Nitin Gadkari, further said the crisis is only going to get worse."By 2030, the country's water demand is projected to be twice the available supply, implying severe water scarcity for hundreds of millions of people and an eventual 6 per cent loss in the country's GDP," the report noted.
India cleared to begin extradition process against Nirav Modi in UK
India has been informed by the UK's Crown Prosecution Service (CPS) that it can initiate extradition proceedings against Indian diamantaire Nirav Modi even though his exact whereabouts remain uncertain, a senior Indian official said today. The Central Bureau of Investigation (CBI) has begun the process of filing an extradition request for Modi, which will then have to be approved by the UK Home Office following which an extradition warrant can be issued.
WhatsApp suffers outage across the globe, service stabilizes after complaints pop up
WhatsApp outages are not a rare phenomenon. The instant messaging application, which is one of the most downloaded apps on both Play Store and App Store, suffered a major outage across the globe. According to Downdetector, the complaints regarding the outage spiked in a span of one hour. WhatsApp's application on Android phones, iOS phones, Windows Mobile and Blackberry suffered problems simultaneously. Majority (45 per cent) of the complaints were about connection issues. People were also finding it hard to send and receive texts during this hour-long outage.
Trump approves USD 50 billion tariff on Chinese goods 
US President Donald Trump has approved tariffs worth USD 50 billion on import of goods from China. A formal announcement in this regard is expected to be made by the US Trade Representatives today with a notification in the Federal Register in the coming weeks. The move is likely to attract retaliatory action by China. Trump's approval in this regard followed a 90-minute meeting he had with Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin and US Trade Representatives Robert Lighthizer yesterday. A Wall Street Journal report warned that the US decision could become the start of a tit-for-tat series of retaliatory moves
Govt committed to provide financial resources to Air India: Sinha 
The government is committed to provide appropriate liquidity and financial resources to Air India, Union Minister Jayant Sinha has said amid delay in payment of salaries at the airline and uncertainty over its divestment plans. In a major setback, the government's proposed 76 per cent strategic stake sale in the debt-laden carrier failed to elicit any initial bids as the deadline ended on May 31. Sinha said the group of ministers would meet soon to take appropriate decision on the future of the flag carrier.


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