WebinarsNew
Explore Business Standard
Progressive city council member Nithya Raman has advanced to a November runoff against Los Angeles Mayor Karen Bass, setting up an unexpected matchup between two Democrats and former political allies to run the struggling city of nearly 4 million. The outcome means Spencer Pratt, a Republican and former reality television personality from "The Hills", is out of the running. His candidacy had drawn national attention because of his celebrity and willingness to challenge liberal governance in a city dominated by Democrats, but the buzz did not translate into enough votes to make the runoff. Raman made a last-minute entry into the race, after she had endorsed Bass for re-election. She was elected to the council with the support of the Democratic Socialists of America, and the election will test whether voters in the heavily Democratic city want to move further to the political left to address long-running problems of homelessness, buckled streets and sidewalks and climbing rent and home
Indian-born entrepreneurs account for the largest group of immigrant founders of billion-dollar companies, or unicorns, in the US, according to a new study by the National Foundation for American Policy (NFAP). The US-based non-profit organisation found that 96 American unicorns were founded or co-founded by entrepreneurs of Indian origin. Among them is Perplexity AI, co-founded by Aravind Srinivas, which ranks 12th with a valuation of USD 20 billion. According to the study, India tops the list of countries of origin for immigrant founders of US unicorns with 96 companies, followed by Israel (60 unicorns), the United Kingdom (47), China (41), Canada (30), Russia (23), France (21), Germany (18), Ukraine (16), Australia (14), Pakistan (10), and Romania (10). The NFAP study, titled "Immigrants and US Billion-dollar Companies" and authored by Stuart Anderson, found that immigrants have founded or co-founded 59 per cent (455 of 775) of America's privately held startup unicorns. The ...
About 30 individuals from India, found to be living in the US illegally and working as commercial truck drivers, have been arrested as part of a federal operation and will soon be deported. The US Customs and Border Protection said in a statement Monday that during the week of May 11-15, Border Patrol agents from Yuma Sector in Arizona arrested 52 individuals during 'Operation Checkmate' for being in the US illegally, including 36 who were found to be driving semi-trucks. Out of the 36 illegal semi-truck drivers arrested, 30 were from India, while the remaining six were from Mexico, El Salvador, and Russia. They had commercial driver's licenses from states such as California, New York, Washington and Virginia, while some did not possess any form of driver's license. Most possessed employment authorisation documents, which were obtained during the Joe Biden administration and were no longer valid. All individuals were processed in accordance with federal law and will be ...
Since January, at least 2,790 Indian nationals who did not meet the criteria, and were illegally staying in the US, have returned, the government said on Thursday. External Affairs Ministry spokesperson Randhir Jaiswal shared the number at his weekly media briefing in response to a query. "On deportation, since January of this year, we have had around 2,790-plus Indian nationals who did not meet the criteria. They were illegally staying there. We verified their credentials, their nationality. And they have returned. This is the status till yesterday, that is 29th October," he said. The spokesperson was also asked about the number of Indian nationals who have been deported from the UK so far this year. "From the UK side, this year we have had around 100 Indian nationals who have been deported after their nationality was duly verified by us," Jaiswal said.
US President Donald Trump on Monday extended his wishes on Diwali, the festival of lights, and said it is a time to bring families and friends together to celebrate. Today, I send my best wishes to every American celebrating Diwali the Festival of Lights', Trump said in a statement. For many Americans, Diwali is a timeless reminder of light's victory over darkness. It is also a time to bring families and friends together to celebrate community, draw strength from hope, and embrace a lasting spirit of renewal, the US president said. As millions of citizens light diyas and lanterns, we rejoice in the eternal truth that good will always triumph over evil. To every American celebrating Diwali, may this observance bring abiding serenity, prosperity, hope, and peace, he added.