‘Policy decision’: US judge refuses to scrap Trump’s $100,000 H-1B visa fee; move to curb immigration

A US federal judge upheld the Trump administration’s move to move ahead with President Donald Trump’s proposal to impose a $100,000 fee on new H-1B visas, dealing a setback to the American technology companies and business groups challenging the move.US District Judge Beryl Howell, in Washington, DC on Tuesday rejected a lawsuit filed by the…

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IPO news: OYO parent PRISM clears shareholder vote to raise up to Rs 6,650 crore; listing plan moves a step closer

OYO’s parent company PRISM has secured shareholder approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering, signalling steady progress towards a public market debut, according to PTI.The approval was granted at an extraordinary general meeting held on December 20, where shareholders…

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Liquidity push: RBI announces Rs 2 lakh crore bond buys and $10 billion swap; steps up support for banking system

The Reserve Bank of India on Tuesday announced a fresh liquidity infusion, unveiling plans to purchase government securities worth Rs 2 lakh crore and conduct a $10 billion dollar-rupee swap auction to ease conditions in the banking system.The central bank said the open market operations (OMO) purchases and the USD/INR buy-sell swap auctions will be…

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IT reset: Indian tech stocks search for momentum after a long slowdown; AI shifts from pilots to payoffs

After nearly four years of underperformance, India’s information technology stocks are entering 2026 with expectations shaped more by realism than hype, as investors assess whether artificial intelligence can finally revive growth after a prolonged slowdown.The Nifty IT index is trading close to a four-year low, a sharp reversal from the pandemic-era boom that once made…

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Deal approvals: CCI clears Blackstone’s Federal Bank entry; Tata Steel gets nod for BlueScope buyout

The Competition Commission of India on Tuesday approved US-based private equity firm Blackstone’s proposal to acquire up to 9.99 per cent stake in Federal Bank through warrants, clearing the way for the global investor’s entry into the private sector lender.In a release, the fair trade regulator said the proposed transaction involves Asia II Topco XIII…

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