‘H-1B impact on remittances to be under $5bn’

MUMBAI: The impact of restrictions on H-1B visas by the United States on remittances by overseas Indians would be within $5bn, according to a Barclays research report. The report also said that the rising trend of global capability centers (GCCs), which includes many US-headquartered firms, is here to stay and would strengthen further amid this…

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Stock market today: Nifty50 opens in red; BSE Sensex down 250 points

Market analysts anticipate sustained market strength, backed by improving domestic consumption attributed to GST reforms and seasonal festival-related activities. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday on weak global cues. While Nifty50 was below 25,100, BSE Sensex was down over 200 points. At…

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