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Talent tide turns: US H-1B visa fee shock may fuel reverse brain drain; Indian startups eye AI boost

India’s startup ecosystem is sensing an unexpected opening as the US government’s $100,000 fee on new H-1B visas threatens to push skilled professionals back home. Founders and investors said the move could accelerate a reverse brain drain, swelling the pool of talent in software-as-a-service, deeptech and artificial intelligence.Manav Garg, founding partner at Together Fund, called…

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US social security 2026: COLA rises slightly; what does this mean for retirees’ take-home pay?

Disabled and low-income Americans are facing increasing obstacles in accessing Social Security benefits, a report scheduled for release next month finds. Advocates warn that changes under the Trump administration–including staff reductions, updated phone systems, and policy tweaks–have made high-touch support harder to obtain, raising risks of food insecurity, housing instability, and mental health crises.The research,…

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Diwali Muhurat trading: NSE schedules special Muhurat session for one hour in afternoon; check timings

Diwali Muhurat trading: Investors on Dalal Street will get a brief opportunity to trade as NSE announces its special Muhurat Trading session on October 21. The window will run from 1:45 pm to 2:45 pm, with trade modifications allowed until 2:55 pm. All transactions will carry settlement obligations, similar to regular hours, according to an…

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Drug expansion: Pfizer ramps up obesity treatments with $4.9B Metsera deal; shares jump sharply

Pfizer is intensifying its entry into obesity treatments by acquiring development-stage drugmaker Metsera for $4.9 billion, the company announced Monday. The deal values each Metsera share at $47.50 in cash, a premium of more than 42% over Friday’s closing price, according to news agency AP report.Additional payments of $22.50 per share could be triggered depending…

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India’s exports to US plunge! Not just goods hit by Trump’s 50% tariffs, even smartphones see ‘alarming’ dip; what’s happening?

India’s exports to US: A comprehensive study by GTRI reveals varied impacts across sectors: certain duty-exempt products show unexpected declines despite having no tariffs. (AI image) US President Donald Trump’s 50% tariffs have led to a plunge in India’s exports to America, with the pain unevenly spread, according to a Global Trade and Research Initiative…

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Gold rate today: Gold prices hit fresh lifetime highs of Rs 1.11 lakh per 10 grams; silver crosses Rs 1.33 lakh/kg

Gold continues to benefit from its status as a safe haven, driven by persistent geopolitical uncertainties. (AI image) Gold rate today: Prices of Gold futures surged to unprecedented levels, reaching Rs 1.11 lakh per 10 grams with an increase of Rs 799 in domestic futures trading on Monday. This upward movement aligned with global trends…

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‘Best possible option’: RBI may cut rates by 25 bps in October, says SBI report; flags ‘Type 2 error’ risk

The Reserve Bank of India’s Monetary Policy Committee (MPC) may cut rates by 25 basis points in its September meeting, according to a report by State Bank of India (SBI).The report highlighted that a rate cut in September makes sense, as inflation is already under control and is expected to ease further.The report warned that…

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Alternatives to H-1B visas: After fee hike by Trump to $100,000, O1 & L1 visas gain traction; check cost, approval rates

L-1 and O-1 visas are ideally for individuals seeking intracompany transfers and those with extraordinary abilities respectively. The Donald Trump administration’s H-1B visa fee hike to $100,000 may lead to companies opting for cheaper alternatives such as L1 and O1 visa categories.Despite having more rigorous qualification requirements and not being complete substitutes for H-1B visas,…

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