The $100,000 H1B visa fee hike, introduced under Trump, was framed as protecting U.S. jobs but risks weakening American innovation, talent inflows, and competitiveness. While India bore the brunt with higher costs and reduced opportunities, it may benefit from reverse brain drain, stronger ecosystems, and renewed focus on self-reliance.Read More
Despite market volatility, TCG AMC’s Chakri Lokapriya sees growth in capital goods, metals, pharma, and banking, supported by government policies and global shifts. He highlights infrastructure spending benefiting companies like ABB India and Siemens. China’s production cuts and rising Indian demand favor Tata Steel. Pharma benefits from eased tariff concerns and US FDA approvals.Read More
The Indian rupee plummeted to a record low of 88.76 against the US dollar following President Trump’s H-1B visa fee hike, sparking concerns about remittances and IT sector equity outflows. This double blow, coupled with already weak foreign inflows, intensified pressure on the currency.Read More
South Korean shares reached a record high on Tuesday. Chipmakers saw gains due to optimism surrounding Micron Technology’s upcoming results. Celltrion’s shares surged following its acquisition of a US factory from Eli Lilly. Samsung Electronics and SK Hynix also experienced increases. Foreign investors were net buyers of Korean shares. The Korean won weakened slightly against the dollar.Read More
Oil prices continued their decline for a fifth session due to oversupply concerns, exacerbated by a preliminary agreement to restart an Iraqi-Kurdish oil pipeline. The potential resumption of 230,000 barrels per day from Iraqi Kurdistan adds pressure amid uncertain demand and rising global supply. Traders are also monitoring potential sanctions on Russian oil and geopolitical tensions, while awaiting U.S.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
