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Sreeja VN

Hurricane Kirk Weakens, Flood Warnings and Tornado Watch Issued For Isaac

Even as the Hurricane Isaac weakens to a tropical depression bringing heavy rain and flash floods in Mississippi and lower Ohio River valley, Hurricane Kirk, the fifth hurricane of the Atlantic hurricane season advances toward north east at 26 KM per hour, a National Weather Service Bulletin said.

New US Work Visa Regulations To Hit Indian IT Companies Badly

The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.

Roaring Wildfire Ravages Western U.S. States (Photos)

Wildfires have wreaked havoc in the western states of the U.S., engulfing hundreds of houses, charring acres of wood- and grass-lands in the past two days. Ravaging flames have been spreading fast to new areas aided by drought-like situations as the firemen continued to douse the flames amid scorching temperatures.

Gold Demand Falls To A Two-Year Low; India, China Weigh

The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.

Indian Rupee At Two-Week Low Against Dollar, Markets Trade In Red

The Indian rupee fell to a two-week low of 56.00/02 paise against the dollar in the morning trade Thursday, tracking the strengthening of the dollar in the global market. The dollar gained globally, chasing the upbeat U.S. data of retail sales which eased the concerns about the monetary control.

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