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Stock markets trade higher in early deals

Mumbai, Dec 24 (PTI) Benchmark equity indices Sensex and Nifty rallied in early trade on Wednesday, tracking a positive trend in global markets and consistent buying by domestic institutional investors. The 30-share BSE Sensex climbed 115.8 points to 85,640.64 in early trade. The 50-share NSE Nifty went up by 40.7 points to 26,217.85. From the 30-Sensex firms, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports and Eternal were among the gainers. However, Tech Mahindra, Infosys, HCL Tech and Sun Pharma were among the laggards. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong

Rupee rises 12 paise to 89.51 against US dollar in early trade

Mumbai, Dec 24 (PTI) The rupee appreciated 12 paise to 89.51 against the US dollar in early trade on Wednesday, supported by the RBI’s major liquidity announcement and the weakness of the American currency in the overseas market. Forex traders said the rupee started the day on a stronger note after the RBI announced sufficient liquidity for the markets to the extent of approx. Rs 3 lakh crore, which will also allow the RBI to keep rupee weakness under control. At the interbank foreign exchange market, the rupee opened at 89.56 against the US dollar, then gained some ground and

Trump administration moves to overhaul how H-1B visas are granted, ending lottery system

WASHINGTON, December 24, 2025 (AP) — The Department of Homeland Security said Tuesday it was replacing its longstanding lottery system for H-1B work visas with a new approach that prioritizes skilled, higher-paid foreign workers. The change follows a series of actions by the Trump administration aimed at reshaping a visa program that critics say has become a pipeline for overseas workers willing to work for lower pay, but supporters say drives innovation. “The existing random selection process of H-1B registrations was exploited and abused by U.S. employers who were primarily seeking to import foreign workers at lower wages than they

US border patrol agents arrest 30 Indian nationals living illegally in America

New York, Dec 24 (PTI) US border patrol agents have arrested 30 Indian nationals, living illegally in America, operating semitrucks with commercial driver’s licenses. Border Patrol agents in the El Centro Sector in California arrested 49 illegal immigrants with commercial driver’s licenses during vehicle stops at immigration checkpoints and in interagency operations, US Customs and Border Protection (CBP) said in a statement last week. Between November 23 and December 12, agents apprehended 42 illegal individuals operating semitrucks with commercial driver’s licenses while travelling on interstate or traversing immigration checkpoints. Of those arrested, 30 were from India, two were from El

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