India may raise foreign investment limit in PSU banks

India is contemplating raising the foreign investment limit in public sector banks (PSBs) beyond the current 20% to bolster their capital-raising capabilities. This proposal is part of broader economic reforms aimed at fostering growth amid geopolitical uncertainties. The government intends…

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Trump’s H-1B changes face legal scrutiny in California

California’s Attorney General, Rob Bonta, has expressed concerns over the Trump administration’s decision. The decision involves imposing a $100,000 application fee on H-1B visas. Bonta believes this move could negatively impact California’s economy. He is reviewing the legality of the…

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