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WEEKED UPDATES

Oct 10- Oct 16, 2026, WEEKEND UPDATES October 9, 2026 , by

NO GREEN CARDS FOR IT PROFESSIONALS

THE United States has tightened the green card route for Indian IT Professionals in a major immigration crackdown. The latest development will affect employees of TCS, Infosys, Wipro, HCL, and Cognizant who were hoping to obtain permanent residency in America. The US Department of Labor has stopped accepting new applications and processing pending applications under the labor certification program for IT employees. Even American companies like Microsoft have not been spared. It may be noted that most of the major American IT companies like Microsoft and Google are headed by Indian CEOs.

DIGITAL BANKING TRAP

India’s super senior citizens are becoming victims of digital technology. They no longer have the right to bank their own money and cannot depend upon the ability to operate a smart phone. India is banking revolution has produced a paradox. The technology that was introduced to make banking easier is making it extra ordinary difficult for an elderly customer. The senior citizen who once entered a bank with a passbook and a cheque has to update his own passbook on the passbook printer machine. They have to update their passbooks by themselves on the printer machine. The friendly clerk does not wait any longer. If you do not go to the bank or don’t use your account for a long time the bank will not remind. It will only send you a digital message which you may not notice. The bank has the right to shut down the account and send the balance to the Reserve Bank of India. Banks are only for the digitally literate. It is not that the senior citizen deposits the largest amount of money.

GOAN BARS OPEN TILL 5AM

All the bands playing music have to shut down at 11 pm. This includes catholic marriages where song and dance are part of the celebration. In hotels and restaurants, the bar has to be shut down at 11 pm. But there is no such restriction on liquor outlets selling booze. Even in the heart of Panaji city, in residential areas, bars can remain open till 5am. The chief minister Pramod Sawant who is also the home minister of Goa has now claiming that the CCP rules would be revised to ensure that all bars will shut down at 11pm. The chief minister has been very shano (smart). Bars which are not in residential areas are on the beaches will probably be allowed to stay open 24×7. When I first came to Goa in 1983, I was returning home after completing the Herald issue at 6am. I desperately wanted to have a cup of coffee. Somebody pointed to a bar in Caranzalem. I got my coffee but it was not South Indian or instant Nescoffee but feni with coffee flavor.

BANK LOANS LIKELY TO GO UP

The Reserve Bank of India has increase the repo rate to 5.5%. This is the rate at which nationalized and private banks can borrow money from the RBI when they face a shortage of cash. Following the increase in the repo rate all banks will increase the lending rate. The lending rates in India are the highest in the world. The maximum repo rate in the United States, UK and Japan are below 2%.

GOKUL GHEE, EVEREST MASALA BANNED

The Food and Drug Administration of Goa has banned three popular brands of ghee. This includes Gokul Ghee, Shraddha cow ghee and Shree Sarass Ghee. The FDI has also banned all products being marketed under the Everest brand like Everest Cumin powder, Vimal Pan Masala etc. Presumably, Goa is finally following the example of Tukaram Munde in Maharashtra. Munde has not only shut down the restaurants attached to the Hare Krishna headquarters in Juhu but even closed down the canteen of the Bombay High Court.

NANA PATEKAR DIES IN PANAJI

The legendary Nana Patekar who died of a massive heart attack at his Dona Paula residence on early morning of Thursday, October 8. Nana Patekar was apparently living with a caretaker. Nana Patekar, unlike his Bollywood colleagues lived in a farm on the outskirts of Pune. Nana Patekar cooked his own meals and took pleasure in looking after his small herd of cows. Nana Patekar headed a media organization which came to the rescue of drought-affected farmers in the country. Nana, who took part in the Kargil War as a captain in the army also extended help to the widows and the families of jawans who lost their lives in defending the country. On the night before his death Nana Patekar danced with Goan folk singers at a Samrat Club event held at the Cidade-de-Goa. Nana Patekar died in the early hours in the morning after attending a tourism department organize function at Taj Cidade-de-Goa.

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