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Indian techies see biggest hit as US green card approvals plunge sharply

The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26. In a big hit for Indian techies, the approval rate for the visa that is one of the routes to US green cards has seen a sharp drop. The approval rate for Indian applicants…
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Will gold prices continue to rally? Check outlook for August 17, 2026 week

The weekly bias remains bullish as long as gold holds above Rs 152,000, with Rs 157,600–158,000 as the immediate hurdle. Gold price prediction today: Gold prices are likely to continue their upside, though there may be some short-term consolidation, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has turned decisively…
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What’s the outlook for Nifty for August 17-August 21 week? Check list of top stock recommendations

Top stocks to buy today on August 17, 2026 Stock market recommendations: Ujjivan Small Finance Bank, and 360 One Wam have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy on August 17, 2026. The analyst has also shared technical views and outlook for Nifty…
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Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment

Rupee began the week on a negative note, depreciating 17 paise to 95.59 against the US dollar in early trade, as investor sentiment turned cautious following the Reserve Bank of India‘s decision to bring forward the cut-off date for its concessional FCNR (B) deposit swap facility.The RBI had said on August 14 that the swap…
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India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…
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Amber to make smartphones for Oppo

The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year. NEW DELHI: Amber Enterprises is making a big push into smartphone manufacturing. The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year, targeting around 8 million units in its first year of operations.Trial production is expected to…
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Five among top 10 firms see market cap fall by Rs 1 lakh crore

NEW DELHI: The combined market cap of five of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT bellwether TCS taking the biggest hit, amid a bearish trend in domestic equities.Last week, BSE benchmark sensex declined 490 points, or 0.6%, and the NSE Nifty dipped 205 points, or 0.8%.…
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Before Chandrasekaran’s exit, he and Noel Tata separately briefed govt on rift, concerns

Rift between Tata Trusts chairman Noel Tata and Chandrasekaran. MUMBAI/NEW DELHI: The Tata brass briefed senior govt functionaries on the turmoil inside the conglomerate ahead of N Chandrasekaran‘s announcement last Wednesday that he would step down as Tata Sons chairman in Feb, people familiar with the matter said.The engagement covered the rift between Chandrasekaran and…
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7 companies set to tap primary market next week

7 companies set to tap primary market next week The IPO market is heading into another packed week, with seven companies scheduled to come out with public issues between August 17 and 21, seeking to raise more than Rs 6,400 crore collectively.The line-up includes Horizon Industrial Parks, backed by Blackstone, jewellery retailer Lalithaa Jewellery Mart,…
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FPIs turn buyers again, pump Rs 16,621 crore into Indian equities in August

FPIs turn buyers again, pump Rs 16,621 crore into Indian equities in August Foreign portfolio investors (FPIs) turned buyers of Indian equities once again in August, pouring in Rs 16,621 crore during the first fortnight of the month. The buying comes amid improving relative valuations, resilient corporate earnings and growing expectations of lower interest rates…