India’s Remittances at Risk: GCC Slowdown to 1.3% GDP Growth Threatens $135-138 Billion Inflows, Welfare of 8.9 Million Workers

World Bank Report: Extreme Heat Costs South Asia 31 Million Jobs, 7% GDP by 2050

World Bank report warns extreme heat costs South Asia 31 million jobs annually and threatens 7% GDP loss by 2050. It urges governments to treat heat as a core development challenge, not a seasonal emergency. Essential for UPSC: climate-economy linkages, urban resilience, and vulnerable worker protection.

World Bank ED Neelkanth Mishra: India Needs 10% Growth for Full Employment, AI Can Disrupt Education

Neelkanth Mishra, India's Executive Director at the World Bank, argues that India cannot create enough jobs for all at current growth rates, requiring 10% real growth for full employment. He highlights rising inequality as a natural outcome of labour surplus and capital shortage, and advocates democratising access to capital. He also discusses India's energy vulnerability, rupee stability, and the transformative potential of AI in education.

US DHS Proposes Eliminating H-1B 60-Day Grace Period: Key Impact on Indian Workers

The US Department of Homeland Security is proposing to eliminate the 60-day grace period for H-1B workers after job loss. If finalized, this will severely impact Indian professionals, who received 71% of all approved H-1B petitions in 2024, by removing the current window to find new sponsorship or change visa status.

US DHS Proposes Scrapping 60-Day Grace Period for H-1B Visa Holders; 71% from India

The US Department of Homeland Security has proposed eliminating the 60-day grace period that allows H-1B visa holders to stay in the US and find a new sponsor after losing their job. This directly impacts over 71% of H-1B recipients who are Indian nationals, potentially disrupting careers, families, and even the US tech sector. For UPSC/Banking aspirants, this is a critical live issue linking US immigration policy, India's skilled workforce, and bilateral economic ties.

US Proposes Eliminating H-1B 60-Day Grace Period: 71% Indian Workers at Risk

The Trump administration has cleared a proposal to eliminate the 60-day grace period for H-1B visa holders after job loss. This could severely impact Indian professionals who account for 71% of approved H-1B petitions. The rule is not yet final but has passed White House review.

US DHS Proposes Scrapping 60-Day Grace Period for H-1B Workers Facing Job Loss

The US Department of Homeland Security proposes eliminating the 60-day grace period for H-1B and other nonimmigrant workers after job loss, requiring immediate departure unless authorized. This could severely impact Indian tech workers on H-1B visas.

Brazil-India Trade Nears $20 Billion, BRICS Not Anti-Western, Says Brazil FM

Brazil's Foreign Minister Mauro Vieira highlights rapidly growing Brazil-India bilateral trade, nearing $20 billion with a $30 billion target by 2030. He clarifies that BRICS is not an anti-Western bloc and has no intention to replace the US dollar, while the New Development Bank aims to reform global governance. The interview also covers the pause in BRICS expansion and Brazil's deepening engagement with ASEAN.

ISRO Launches EOS-05: India's First Geo-Imaging Satellite in Geosynchronous Orbit; SC Invokes Article 142 to Quash CJP Protest Cases

A day of high exam relevance: ISRO successfully launched EOS-05, India’s first dedicated geo-imaging satellite in geosynchronous orbit, breaking a failure streak. The Supreme Court used its extraordinary power under Article 142 to close cases linked to CJP protests, raising important constitutional questions. Other key updates include OpenAI’s new autonomous AI model, Manipur’s NRC-first demand for Census deferral, mistrust in GDP data, and Tata Chemicals’ Kenya dispute.