The United States' decision to impose a steep increase in H-1B visa fees has triggered concerns across Indian industries.
But banking and market expert Ajay Bagga has a different view. Speaking with ANI, Bagga said that the USD 1,00,000 fee for the H1B visa will check the brain drain from
Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.
Economists and market experts have welcomed S&P Global Ratings' decision to upgrade India's sovereign credit rating from BBB- to BBB, terming it a recognition of the country's strong fundamentals, sound fiscal management, and growing global economic clout.
Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil market experts in conversation with ANI.
According to market experts, 65 per cent of the steel produced in India is consumed by the infrastructure and construction sector, with 25-30 per cent of that used specifically in government projects.
Market experts appreciated Securities and Exchange Board of India (SEBI) allowing trading to US proprietary trading firm Jane Street, with certain restrictions, after it deposited the alleged unlawful gains of Rs 4863 crore in an escrow account as per the regulator's interim order of Jul 3rd
As the US Federal Reserve gears up for its latest policy announcements, economists and market experts believe that the central bank is likely to keep interest rates unchanged, while keeping the door open for future rate cuts later this year.
The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).
The Indian textile industry has welcomed the India-UK Free Trade Agreement (FTA), calling it a major step towards expanding India's presence in the lucrative UK market.
Indian stock indices soared for the fifth straight session on Monday. Market experts believe the positive bias in Indian equities is likely to continue throughout the week, mainly due to consistent foreign investments and strong global cues.