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IT slump drags Sensex and Nifty down 0.5% after H-1B visa fee hike

IT stocks tumbled after the US raised H-1B visa fees, erasing Rs 85,000 crore in market value and dragging Sensex and Nifty lower, though analysts remain optimistic

India's banking liquidity crunch seen as temporary, says analyst

The Reserve Bank of India is comfortable with a liquidity surplus of around 1% of banks' deposits, which is roughly 2.5 trillion rupees

IndusInd Bank appoints Viral Damania as new chief financial officer

Damania's appointment, effective September 22, comes after the bank late last month said veteran banker Rajiv Anand had taken charge as its CEO for a three-year period

Govt plans minority stake sales in nearly 6 state firms: Divestment secy

Chawla said the government will make an initial public offering (IPO) of a state-run firm in the natural resources sector in the current financial year

Stock markets likely to open flat; IT firms in focus amid US visa hike

India's $283 billion IT sector, which generates about 57 per cent of its total revenue from the US, has long gained from American work visa programmes and outsourcing of software and business services

Asian stocks edge up as Trump visa crackdown weighs on market sentiment

US stock futures eased in early trading with the S&P futures down 0.1 per cent

Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal: Trump

Trump has said the U.S. and China have made progress on a deal requiring TikTok's American assets to be transferred to US owners from China's ByteDance

Donald Trump's H-1B visa crackdown upends Indian IT industry's playbook

The sector, which earns about 57% of its total revenue from the U.S. market, has long gained from U.S. work visa programs and the outsourcing of software and business services

Major European airports scramble to fix check-in glitch after cyberattack

Disruption had eased significantly by early Sunday despite some continuing delays, according to airport officials and data, while regulators said they were investigating the source of the cyberattack

Wall Street week ahead: US housing shares shine as Fed restarts rate cuts

The S&P 500 ended on Friday at record high levels, up over 13% on the year, after the Fed cut its benchmark rate by a quarter of a percentage point to the 4-4.25% range

Israeli strikes kill 31 people in Gaza City, say medics; tanks advance

Israel said on Saturday its forces had expanded their operations in the Gaza City area over the past few days, killing 30 militants and locating weapons

France's richest man, LVMH's Arnault, slams proposed billionaire tax

"This is clearly not a technical or economic debate, but rather a clearly stated desire to destroy the French economy," Arnault told Britain's Sunday Times

Trump says he'll share 'important' autism findings in Monday address

Autism diagnoses in the United States have increased significantly since 2000, intensifying public concern

Trump's muted Russia response fuels fears of deeper US disengagement

After months of proposing both ideas to solve or intermediate some of the world's most intractable conflicts, Trump has largely withdrawn from diplomacy in recent weeks

Trump warns of 'bad things' if Afghanistan does not return Bagram air base

Trump said on Thursday that the United States had sought to regain control of the base used by American forces following the attacks of September 11, 2001

Passengers stranded at Heathrow, other European airports after cyberattack

Collins Aerospace, which provides systems for several airlines at airports globally, is experiencing a technical issue that may cause delays for departing passengers, Heathrow said

UN meet to focus on Donald Trump's return, Gaza war, Ukraine conflict

"Geopolitical divides widening. Conflicts raging. Impunity escalating. Our planet overheating," UN Secretary-General Antonio Guterres said

US counterterrorism agency issues warning over threat from al Qaeda

Memo urged govt officials to avoid surveillance, to not post or publicly share details about travel plans, schedules and locations, and to remove badges and other forms of identification out of work

Trump to impose $100K fee per year for H-1B visas, likely to impact Indians

India was the largest beneficiary of H-1B visas last year, accounting for 71 per cent of approved beneficiaries, while China was a distant second at 11.7 per cent, according to government data

Trump administration plans $6.4 billion in weapons sales to Israel

The planned package includes a deal worth $3.8 billion for 30 AH-64 Apache attack helicopters and $1.9 billion for 3,250 infantry assault vehicles for the Israeli army