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Rajnath Singh approves 250 MW solar project on defence land in UP's Sitapur

State-run power major NTPC Limited will implement the project through a competitive bidding process to ensure optimal energy pricing.

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Geopolitical shifts to up jobs in defence

New Delhi, India's defence sector is expected to witness accelerated adoption of indigenous technology and a fivefold jump in job creation over the next three years amid geopolitical shifts and rising security challenges, according to a survey.The new survey by Nexgen Exhibitions Pvt Ltd (NEPL) highlighted that international developments are poised to propel indigenous technology adoption in the sector to USD 36.45 billion over the next three years, a surge that could unlock a five-fold expansion in the nation's defence-tech workforce.In its latest survey, NEPL gathered insights from over 1,500 defence experts, defence tech startups, technology innovators, and industry stakeholders across Delhi, Mumbai, Chennai, Bengaluru, and Pune.Amid global geopolitical shifts and rising security challenges, India is accelerating its transformation into a hub of indigenous technology and innovation in defence, a statement said.This momentum builds on recent trends as the formal hiring in India's defence technology sector has nearly doubled in the past three years, rising from about 10,000 job roles in 2025 to approximately 50,000 jobs in the next five years.NEPL is a leader in curating world-class B2B exhibitions across more than 15 critical sectors, including homeland security, safety, engineering, healthcare, and advanced technology.About 68 per cent of respondents expect that jobs linked to indigenous technology in India's defence and homeland security sectors will grow five-fold, also propelling indigenous technology adoption to 35 per cent - from USD 27 billion in 2025 to USD 36.45 billion in the next three years, driven by technologies like AI, autonomous systems, and quantum computing, it stated.To further strengthen the country's Aatmanirbhar ambitions in defence and homeland security, Delhi will host the 11th International Police Expo & 10th India Homeland Security Expo, scheduled for June 24-25, 2026, at Bharat Mandapam.The events will bring together government officials, armed forces personnel, police leaders, defence manufacturers, technology providers, and experts from more than 25 countries, with participation from over 200 companies, showcasing advancements in policing, homeland security, forensics, arms & ammunition, drone technology, anti-drone systems, surveillance, cybersecurity, and defence technologies.NEPL Managing Director Sangeeta Bansal said, "The government's Vision 2047 and our survey findings highlight how Aatmanirbhar Bharat is now central to India's defence and homeland security strategy".

DSS to hold rallies on June 16 seeking Karnataka Cabinet berth for H.C. Mahadevappa

Karnataka State Dalit Sangharsha Samiti has announced a Statewide rally on June 16, demanding a Cabinet berth for senior Congress leader and former Minister H.C. Mahadevappa in the proposed expansion of the State Cabinet

TDS on property purchase above Rs 50 lakh explained: Rules, conditions and filing process

Property buyers purchasing assets valued at Rs 50 lakh or more must deduct 1% TDS before completing the transaction. This rule, under Section 194-IA, applies to non-agricultural land and aims to boost tax compliance in real estate. Buyers must deposit the tax and issue a certificate to the seller, ensuring accurate reporting of high-value deals.

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Amsterdam plans higher tourist tax

Amsterdam could significantly reshape its tourism industry under proposals from the city’s new coalition government, including raising the tourist tax to 20%, closing the city’s cruise terminal and buying out businesses in the city centre.The proposals were outlined in a coalition agreement published this week by the city’s ruling parties. According to a report by The Independent, officials said the measures are aimed at reducing the strain that tourism places on public spaces, local infrastructure and residents’ quality of life.Amsterdam currently levies one of Europe’s highest tourist taxes, set at 12% of the overnight accommodation price, while day visitors pay a €15 tourist tax. Under the new plan, the city would increase the rate to 16% next year and then raise it by one percentage point annually until it reaches 20% in 2030.“Amsterdam remains an attractive destination for visitors from all over the world,” the coalition agreement said, as per The Independent report. “Tourism contributes to the city’s economy, but at the same time places significant pressure on public spaces, quality of life and municipal facilities.”Measures target tourism impactThe city government said additional revenue from the higher tourist tax would be used to make Amsterdam cleaner, safer and more liveable for residents and visitors.Among the most notable proposals is the planned closure of Amsterdam’s cruise terminal. The coalition said it wants to “end the option to reach Amsterdam by sea cruise” and will discuss alternatives with the national government and regional authorities.The agreement also proposes buying buildings and businesses in the city centre as part of efforts to transform the area and reduce pressure from tourism, as reported by The Independent.In addition, Amsterdam is considering increasing its entertainment levy, which applies to canal boat tours, boat rentals and other water-based activities, to secure a larger contribution from day visitors.

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Indian firms turn cautious on hiring: Report

New Delhi, Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as employers are likely to opt for a more measured approach to hiring amid rising geopolitical challenges, a survey said on Tuesday.According to ManpowerGroup's latest Employment Outlook Survey, the Net Employment Outlook (NEO) for Q3 2026 stood at 48 per cent, down 20 points from the previous quarter but stronger by 6 points since Q3 2025.The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.In the survey of more than 3,100 employers across India conducted from April 1 to 30, 2026, employers cited economic uncertainty, above AI, as the key driver of hiring uncertainty."India's Q3 2026 hiring outlook remains the strongest globally, with a Net Employment Outlook of 48 per cent, reflecting continued employer confidence in the country's growth trajectory despite an increasingly complex business environment," said Sandeep Gulati, Managing Director, ManpowerGroup India and Middle East.As per the report, 15 per cent of those considering workforce expansion remain optimistic about identifying growth opportunities despite ongoing geopolitical challenges.Among organisations planning to reduce staff, 31 per cent cited economic challenges, while 27 per cent pointed to geopolitical challenges as the primary factor impacting staff decisions. Around 26 per cent of those uncertain about changing staffing cite Geopolitical challenges, and 20 per cent want to keep things stable as a result."While the outlook has moderated from 68 per cent in the previous quarter, the shift reflects a more measured approach to hiring rather than a slowdown in business confidence," Gulati said.According to Gulati, strong activity across manufacturing and services, along with the continued expansion of Global Capability Centres, continues to support hiring demand. At the same time, employers are navigating a broader mix of challenges, including AI-led workforce optimization, softer entry-level hiring demand, global trade uncertainty, and geopolitical developments that are impacting supply chains and business costs.A sector-wise analysis showed that employers across the Utilities & Natural Resources sector reported the highest NEO for Q3 at 61 per cent, followed by finance and insurance at 56 per cent, construction and real estate (55 per cent) and professional, scientific and technical services at 52 per cent."The survey also points to a clear evolution in workforce priorities. Employers are increasingly seeking talent with strong communication, collaboration, and teamwork skills, reflecting the growing need for adaptable and resilient workforces," Gulati said.As businesses continue to navigate changing market conditions, workforce strategies are becoming more focused on capability building, continuous learning, and long-term talent development. Organisations are looking beyond immediate hiring needs and investing in skills that can support productivity, innovation, and sustainable growth, said Gulati.The survey further noted that AI continues to reshape how organizations think about productivity and the workforce, and the Q3 data shows employers aren't ready to hand over the keys to AI entirely.As employers navigate AI integration, people skills command the highest premiums, revealing where human value is increasingly concentrating: communication and collaboration (87 per cent), problem solving (84 per cent), time management (82 per cent)/strong work ethic (82 per cent), the survey said.

Watch: Arjun Tendulkar shines with bat and ball, gets big dressing-room applause

Arjun Tendulkar starred for Arcs Andheri in the T20 Mumbai League 2026, delivering a match-winning all-round performance. He took 3/11 with the ball and then smashed an unbeaten 66 to guide his team to a nine-wicket victory. Captain Shivam Dube lauded Tendulkar's effort, highlighting his crucial role in the win.

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6 contenders, 1 trophy: T20 WWC battle begins

The biggest edition of the ICC Women's T20 World Cup gets underway in England on June 12, with 12 teams competing for the title across 33 matches. As defending champions New Zealand seek to retain their crown, India will aim to complete a rare World Cup double after winning the ODI World Cup last year, while Australia look to re-establish their dominance after a rare trophyless ICC cycle.The tournament's expanded format has heightened competition, but a handful of teams enter as genuine title contenders.India chasing historyNo team apart from Australia has won both the ODI and T20 World Cups in succession. Harmanpreet Kaur's side has an opportunity to achieve that feat after ending India's long wait for a global title with last year's ODI World Cup triumph.Also Read: JioStar bets on mainstreaming women’s cricket fandom with ICC Women’s T20 World Cup campaignIndia's preparations have produced mixed signals. They secured home series victories over Sri Lanka and Australia but struggled on overseas tours, losing a T20 series in South Africa and another in England earlier this month. England recovered from 0-1 down to beat India 2-1, exposing concerns over India's bowling depth in unfamiliar conditions.The batting unit remains India's biggest strength. Smriti Mandhana, Jemimah Rodrigues, Harmanpreet, Deepti Sharma and Richa Ghosh bring extensive experience from English franchise competitions, which could prove valuable during a month-long campaign.India also received a confidence boost in a warm-up match against West Indies, where Bharti Fulmalli struck a half-century and the spin attack delivered a commanding performance.Australia remain the benchmarkAustralia enter the tournament under a new captain after Alyssa Healy's retirement, with Sophie Molineux taking charge of a squad that still boasts some of the most experienced names in women's cricket.Also Read: Form of openers, bowling main areas of concern as India head into T20 World CupEllyse Perry, Beth Mooney, Ashleigh Gardner, Megan Schutt, Alana King and Tahlia McGrath form a battle-tested core capable of thriving in major tournaments. The additions of opener Georgia Voll and left-arm seamer Lucy Hamilton have added fresh depth.Despite not winning a major ICC trophy since 2023, Australia remain the most successful side in Women's T20 World Cup history with six titles and will once again start among the favourites.Defending champions New Zealand eye repeatNew Zealand arrive as defending champions but face the challenge of replacing an experienced generation nearing the end of its international journey.Veterans Sophie Devine, Suzie Bates and Lea Tahuhu remain central to the team's ambitions, while all-rounder Amelia Kerr continues to be one of the most influential players in world cricket. Kerr was instrumental in New Zealand's title-winning campaign in 2024 and remains their biggest match-winner heading into the tournament.The Kiwis are placed in a competitive group featuring hosts England, Sri Lanka, West Indies, Ireland and Scotland.England banking on home advantageEngland will hope familiar conditions can help them end a prolonged wait for an ICC title.The return of captain Nat Sciver-Brunt from injury provides a major boost. England showed their depth during her absence by defeating India in a closely contested T20I series. Youngsters Alice Capsey and Charlie Dean impressed during that series, while experienced campaigners Heather Knight, Danni Wyatt-Hodge and Sophie Ecclestone provide stability.Playing at home and buoyed by strong crowd support, England could be one of the toughest teams to beat.South Africa seek breakthrough momentSouth Africa have come close to global glory several times but are still searching for their first ICC trophy.Led by Laura Wolvaardt, they possess one of the most balanced squads in the competition. Marizanne Kapp remains among the world's premier all-rounders, while the return of experienced pacer Shabnim Ismail strengthens the bowling attack.The Proteas also carry recent confidence after dominating India in a bilateral series before the World Cup. However, being drawn alongside India and Australia in Group A means every match could have semifinal implications.Sri Lanka emerge as dark horsesSri Lanka may not begin as favourites, but few teams enter the tournament with greater momentum.Chamari Athapaththu remains the face of the side, yet Sri Lanka's progress in recent years has been driven by the emergence of a stronger supporting cast that includes Harshitha Samarawickrama, Vishmi Gunaratne, Nilakshika Silva and Kaveesha Dilhari.The concern remains their pace bowling resources. On surfaces that traditionally assist seamers, Sri Lanka's heavy reliance on spin could become a vulnerability in the knockout stages.Group of deathThe tournament's toughest battle could unfold in Group A, where India, Australia and South Africa are all expected to challenge for the semifinals. With only two knockout spots available, one heavyweight could be heading home early.For India, the equation is simple. A maiden Women's T20 World Cup title would not only complete a historic double but also cement the current generation's place among the country's greatest cricket teams.(With inputs from PTI)

From Steel Plants To Startups: How PM Modi Recast The Role Of Business In India

PM Modi’s challenge was no longer creating an industrial base from scratch but accelerating growth, creating jobs, and making India globally competitive

'Gukesh can take inspiration from Pragg': Anand advises world champion

Viswanathan Anand praised R Praggnanandhaa’s Norway Chess triumph, calling his comeback and fighting style impressive. He urged world champion D Gukesh, who struggled in the event, to take inspiration from Praggnanandhaa’s persistence and hard work. Anand also highlighted the healthy rivalry among India’s top young stars and said India is now firmly among the world’s leading chess nations.

Jagapathi Babu thanks 'Peddi' critics for negative reviews of the film

Jagapathi Babu lauded Ram Charan's pivotal role in 'Peddi', calling him 'Superman' for shouldering the film. He also humorously thanked critics for negative reviews, stating they inadvertently boosted the movie's earnings. The film's success was celebrated, with Babu highlighting the team's resilience in overcoming challenges. Read on to know more in detail.

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Redington shares rally 5% after Apple unveils new features at WWDC 2026

Shares of Redington surged nearly 5% on Tuesday after Apple unveiled a completely rebuilt Siri at its Worldwide Developers Conference (WWDC) 2026, along with a host of features and OS updates.The company rolled out the next-generation Apple Intelligence features, AI-powered photo editing tools, enhanced child-safety capabilities and software updates across iPhone, iPad, Mac, Apple Watch and Vision Pro.Redington has been a key Apple distribution partner since 2007, handling the logistics, warehousing and distribution of Apple products to retailers and resellers across India, the Middle East, Turkey, Africa and South Asia.Redington shares sharply surged to an intraday high of Rs 241 apiece on NSE on Tuesday morning, snapping a two-session losing streak. Notably, Apple shares meanwhile closed around 2% lower after its annual conference.New Apple features unveiled at WWDC 2026In what was Tim Cook’s last WWDC as the Apple CEO, the company on Monday unveiled a much-awaited overhaul of Siri, introducing a more conversational, context-aware version of its digital assistant as the company seeks to catch up with AI rivals including ChatGPT, Gemini and Claude.The new model called 'Siri AI' will now come with a dedicated app, a redesigned interface and improved conversational abilities. According to Apple, it can understand a user's personal context, access broad world knowledge and even understand what is currently on a user's screen.Also read: Siri gets an AI makeover, its biggest upgrade since 2011 debutApple also unveiled the next generation of Apple Intelligence, built on updated Apple Foundation Models that power Siri, image generation, writing assistance and reasoning capabilities. It also significantly expanded its Visual Intelligence, bringing image understanding capabilities to more devices. On the iPhone, Siri can now analyse what users see through the Camera app and answer questions about objects, locations and food. The assistant can also perform actions such as splitting restaurant bills using Apple Cash.Why are Redington shares rising?Redington has a long-standing partnership with Apple, dating back to a 2007 distribution agreement for Apple products in India. Redington manages logistics, warehousing, and distribution to resellers and retailers across India, the Middle East, Turkey, Africa, and South Asia. It is one of Apple’s key official national distributors and supply-chain partners in India.Redington in May reported a consolidated net profit of Rs 391 crore for the January-March quarter of FY26. This is over 41% lower than the Rs 666 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations, meanwhile, increased nearly 26% YoY to Rs 33,213 crore during the quarter under review.Also read: Siri AI, Apple Intelligence, child safety tools and more — Biggest announcements from AppleRedington share priceRedington shares have gained over 6% in one month but declined around 14% in 2026 so far. The stock is down 17% in one year. In the longer term, the shares of the tech company jumped 28% in three years and more than 74% in five years.The company currently has a market capitalisation of more than Rs 18,537 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

UPSC success story: Born without a forearm, Kajal Raju's journey from AIR 910 to AIR 167

Kajal Raju, an IIT Madras graduate born with phocomelia syndrome, achieved her dream of becoming an IAS officer on her fourth attempt, securing AIR 167. Despite initial success with AIR 910 in IRMS, she persevered through setbacks and professional commitments, demonstrating remarkable resilience and dedication to reach her ultimate goal.

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RVNL shares jump 3% after securing Rs 221 crore Railway contract

Shares of Rail Vikas Nigam Limited (RVNL) surged as much as 3.18% on Tuesday, touching an intraday high of Rs 235.50 after the company announced a fresh order win worth Rs 221.33 crore from South East Central Railway.In a regulatory filing, RVNL announced that it has secured a Letter of Acceptance (LoA) for a signalling and infrastructure upgrade project in the Bilaspur Division of South East Central Railway.The project involves the replacement of conventional Panel Interlocking systems with advanced Electronic Interlocking technology across multiple stations, including BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU, and KBS. The scope of work also includes installation of indoor and outdoor signalling equipment, construction of OFC huts, development and electrification of S&T service buildings, and associated cabling works in adjoining railway sections.The contract has been awarded by South East Central Railway, a domestic entity, under the Engineering, Procurement, and Construction (EPC) model. The project is scheduled to be executed within 730 days.The total contract value stands at Rs 221.33 crore. RVNL clarified that neither the promoter group nor any group companies have any interest in the awarding entity, and the contract does not fall under related-party transactions.The latest order win further strengthens RVNL's robust order book and reinforces its position as a key player in India's railway infrastructure modernization drive. Investors cheered the development, driving the stock higher during Tuesday's trading session.Share Price Trend, Valuation & Technical OutlookDespite Tuesday's rally, RVNL's stock has been under significant selling pressure in recent months. The railway PSU has corrected nearly 25% over the past month, while investors have seen the stock decline by around 47% over the last one year, highlighting the sharp erosion in market value from its peak levels.The company currently commands a market capitalization of ₹47,586 crore. RVNL's shares have witnessed considerable volatility over the past year, with the stock hitting a 52-week high of ₹442.80 and a 52-week low of ₹227.01.From a valuation perspective, the stock trades at a Price-to-Earnings (P/E) ratio of 54.4 and a Price-to-Book (P/B) ratio of 4.85, indicating that investors continue to assign a premium valuation despite the recent correction.Also read: Wipro's Rs 15,000-crore buyback opens June 11; entitlement ratio and key details announcedOn the technical front, indicators suggest the stock may be approaching a critical zone. The 14-day Relative Strength Index (RSI) stands at 19, well below the 20-mark that is typically considered deeply oversold territory. Such readings often signal that selling may have become excessive and could pave the way for a technical rebound if buying interest returns.However, caution remains warranted. RVNL continues to exhibit a weak trend structure, with the stock currently trading below all eight of its key Simple Moving Averages (SMAs), a sign that bears still maintain control over the broader price trend.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

'This place is HOME!': Virat Kohli's latest 'extra special' RCB post goes viral

Virat Kohli celebrated RCB’s back-to-back IPL titles with an emotional post calling the franchise “HOME,” a message that quickly went viral. The star batter played a key role in the 2026 final, scoring an unbeaten 75 as RCB beat Gujarat Titans. Kohli praised the team’s belief and maturity, while also highlighting how younger players continue to push him to improve.

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US lawmakers cheer as court blocks $100K H-1B fee

A chorus of US lawmakers from across the political spectrum has come out in support of a federal court order dismantling a proposed USD 100,000 H-1B visa application fee, even as the White House prepares to challenge the judicial setback in the appeals court. Breaking ranks with the executive branch, several Republican lawmakers backed the decision by shifting the spotlight away from the information technology sector, which heavily utilises this visa category, and focusing instead on how the massive financial penalty would cripple healthcare systems and educational institutions in remote regions. These conservative representatives pointed out that employers in rural areas depend heavily on international professionals to fill severe staffing voids. Stressing the severe local impact, Republican Senator Lisa Murkowski from Alaska emphasised that the issue transcended partisan politics in her state. She pointed out that the judicial intervention arrived at a pivotal juncture as academic institutions actively finalise their faculty rosters for the upcoming school term. Senator Murkowski stated, "Many school districts in rural and remote parts of the state rely on the H-1B visa programme to bring quality teachers to their communities." Unmoved by the legislative backlash, the White House strongly dug in its heels to defend the executive measure and signalled immediate plans to get the ruling overturned. White House spokesperson Taylor Rogers argued, "The H-1B programme has been abused for decades, and President Trump finally took action to fix it." Expressing absolute confidence in a legal reversal, Rogers added, "A federal judge in Washington already upheld a nearly identical order, and the administration is confident this order will be reversed on appeal." Conversely, the political opposition welcomed the court's intervention as necessary relief for critical public infrastructure. Democratic Congressman Don Beyer praised the judgment, warning that the steep executive fee would have slammed healthcare facilities already pushed to the brink by severe personnel deficits with unsustainable operational costs. Echoing this sentiment from across the aisle, Republican Congressman Mike Lawler also threw his weight behind the judicial freeze. He highlighted his own ongoing, cross-party legislative efforts to shield medical personnel from the financial burden. Congressman Lawler noted, "I have been working to exempt healthcare workers from this fee that only exacerbates the current staffing shortages in healthcare. That's why I introduced the bipartisan H-1Bs for Physicians and the Healthcare Workforce Act. While we continue to push this legislation through Congress, this ruling is welcome news." Further criticising the administration's economic logic, Congressman Sanford D. Bishop Jr. cautioned that the premium pricing would effectively slam the door on global talent, hurting domestic growth. Congressman Bishop argued, "The USD 100,000 fee for employers' H-1B applications would have discouraged the best and the brightest from coming to America and helping our economy grow and innovate." The legal architects behind the successful lawsuit also celebrated the verdict. Leading the state-level resistance, California Attorney General Rob Bonta remarked that the executive fiscal policy directly undermined the nation's capacity to import specialised professionals for sectors struggling with systemic labour deficits. Bonta stated, "This tax was an attack on America's ability to attract and retain the high-skilled talent that strengthens our economy and helps us meet critical workforce needs." Validating the multi-state legal push, New Jersey Attorney General Jennifer Davenport expressed an identical view, noting that the judiciary clearly agreed that the executive branch had completely overreached its mandate by attempting to levy the financial requirement on H-1B petitioners. However, the Republican consensus on the matter remained fractured. Voices from the conservative wing, like Arizona Congressman Eli Crane, explicitly denounced the ruling. Crane, who has been aggressively pushing for restrictive immigration overhauls, bypassed the judicial roadblock to call for a definitive legislative remedy. Congressman Crane stated, "Although an activist judge blocked President Trump's reforms to the H-1B program, Congress can fix it without judicial obstruction. Urge your representative to cosponsor the End H-1B Visa Abuse Act of 2026, which halts and significantly reforms this broken system." This highly publicised judicial verdict represents a major blow to the Trump administration's broader strategy aimed at restricting employment-driven immigration channels and creating steep hurdles for US employers trying to onboard international professionals. The development has triggered significant interest in India, given that the H-1B framework serves as a vital pipeline for the Indian workforce to access lucrative professional opportunities in the US. The non-immigrant work permit enables US corporations to recruit overseas experts with niche expertise across highly technical fields, including technology, engineering, healthcare, and finance. Because of India's robust talent pool in these specialised industries, Indian citizens systematically secure the lion's share of the total H-1B allocations distributed on an annual basis, making any disruption to the fee structure a critical economic talking point for New Delhi. Structurally, the H-1B visa has long solidified its status as an essential foundation for the American guest-worker immigration model. Under the statutory guidelines, the US government caps the yearly allocation at 65,000 standard permits, while reserving an extra 20,000 slots specifically for candidates who have earned advanced graduate degrees from US institutions. Data provided by immigration advocacy group FWD.us reveals the massive scale of this demographic, noting that approximately 730,000 H-1B visa holders reside across the US, living alongside an estimated 550,000 dependents, which includes their spouses and children.

Vijay honours chess champion: CM felicitates Praggnanandhaa with Rs 50 lakh

Tamil Nadu Chief Minister Vijay honored chess prodigy R Praggnanandhaa for his historic Norway Chess Tournament win, presenting him with a Rs 50 lakh reward. The CM also engaged in a friendly chess match with the Grandmaster, who was impressed by Vijay's skills. Praggnanandhaa's mother and a minister were present during the felicitation.

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