H-1B visa trouble: A growing number of Indian professionals in the US on H-1B visas are facing an unexpected and alarming threat of deportation landing on their doorsteps before the official 60-day grace period even runs out. Laid off and staring down the barrel of a possible permanent US ban, many say it feels like…
Wall Street charged towards record highs on Tuesday after fresh data showed inflation across the United States was slightly cooler than economists prediction, fuelling hopes that the Federal Reserve could cut interest rates in September.The S&P 500 climbed 0.85% or 54 points, looking set to surpass its all-time high reached just two weeks ago. The…
Experts believe Trump has not been able to effectively influence China with his trade war tactics. (AI image) US President Trump has extended the trade ceasefire with China by an additional 90 days, temporarily averting a potential economic confrontation between the world’s largest economies. Trump said he has been “dealing very nicely with China” as…
Rural areas saw headline inflation ease to 1.18% from 1.72% in June, with food inflation dropping from -0.87% to -1.74%. (AI image) The Consumer Price Index (CPI) inflation for the month of July 2025 touched an 8-year low of 1.55%. The headline retail inflation cooled sharply touching 1.55% year-on-year — the lowest since June 2017…
Nayara Energy has been facing challenges since July, when the European Union enacted its 18th sanctions package. (AI image) Russia-backed Indian refinery Nayara Energy is faced with a fresh challenge. India’s largest public sector lender SBI has stopped processing international trade and forex transactions for Nayara Energy following recent US tariff hikes. The bank’s decision…
Gold price prediction: Gold is still caught in its nearly 12-week-old range of $3,250-$3,450. (AI image) Gold price prediction today: Gold rates are stuck in a range despite spurts of positive upside. Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold price outlook and what levels…
NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in…
Mutual fund inflows hit fresh records in July, with equity schemes attracting Rs 42,702 crore — up 81% from June’s Rs 23,587 crore — and debt funds bouncing back with Rs 1.06 lakh crore after two months of withdrawals. In July 2024, equity inflows stood at Rs 37,113 crore.Sectoral and thematic schemes topped the equity…
Nvidia and AMD have agreed to hand over 15% of their revenues from chip sales to China to the US government, a senior US official confirmed, according to the Associated Press. The arrangement is part of a deal allowing the companies to resume sales of specific artificial intelligence chips to the Chinese market.The revenue-sharing terms…
Elon Musk-owned vehicle manufacturer Tesla inaugurated its second showroom in India at Delhi’s Aerocity, expanding its presence in the country.The American automaker giant is further set to expand its supercharging network across key Indian metropolitan regions ahead of its September delivery commencement, according to a senior company representative on Monday, quoted by ET.At the inauguration…
