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Trump’s immigration curbs make Indian students rethink the American Dream

BENGALURU/HYDERABAD/NEW DELHI, Sept 24 (Reuters) – Paridhi Upadhaya was packing her bags after securing a computer science scholarship in the U.S. until headlines of President Donald Trump’s H-1B visa crackdown, last week prompted her family in Lucknow, India to scrap the plan. “Trump’s unending onslaught against immigrants is forcing us to consider other destinations for her,” the 18-year-old’s father Rudar Pratap said. Upadhaya is among thousands of Indians for whom the American dream of world-class education, lucrative careers, better quality of life and social mobility, is turning sour due to rising U.S. visa restrictions and policy unpredictability. For decades, the

Gold, silver drop from record peak on profit taking, Powell remarks weigh on metals

New Delhi, Sep 24 (PTI) Gold and silver prices declined from their record high in the national capital on Wednesday as traders booked profits at elevated levels after US Fed Chair Jerome Powell’s cautious tone on rate cuts. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated Rs 900 to Rs 1,18,000 per 10 grams (inclusive of all taxes), after the metal scaled an all-time high of Rs 1,18,900 per 10 grams in the previous session. In the local bullion market, gold of 99.5 per cent purity plunged Rs 900 to Rs 1,17,400

Rupee recovers 2 paise to close at 88.71 against US dollar

Mumbai, Sep 24 (PTI) The rupee recovered 2 paise from its all-time closing low to settle at 88.71 (provisional) against the US dollar on Wednesday, as steep tariffs and H-1B visa related issues kept the domestic unit under pressure. Forex traders said rupee is hovering near its all-time low level on sustained foreign fund outflows amid investors’ risk-aversion and trade policy uncertainty. Moreover, enhanced US tariffs on Indian goods as well as trade policy uncertainty exacerbated the rupee’s depreciation. At the interbank foreign exchange, the rupee opened at 88.80 against the US dollar, and finally settled for the day at

Stock markets decline for 4th day on profit taking in bank, auto shares; Sensex down 386 pts

Mumbai, Sep 24 (PTI) Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday due to profit-taking in banking, auto, and capital goods shares, as well as foreign fund outflows, amid concerns over US H-1B visa fees that continue to dent investor sentiment. The 30-share BSE Sensex dropped 386.47 points or 0.47 per cent to end at 81,715.63. During the day, it tanked 494.26 points or 0.60 per cent to 81,607.84. The 50-share NSE Nifty declined 112.60 points or 0.45 per cent to 25,056.90. Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra

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