Pay to stay? US may ask tourists for $15,000 bond – What it means? Should you be worried?

US President Donald Trump administration has unveiled a new 12-month pilot program that could require foreign visitors applying for B‑1/B‑2 tourist or business visas to post a bond of up to $15,000, in an effort to curb visa overstays and improve vetting standards.“Aliens applying for visas as temporary visitors for business or pleasure (B-1/B-2) and…

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Gold price prediction today: Where are gold rates headed on August 5, 2025? Here’s the outlook

Gold price prediction: Gold is still stuck in its nearly 11-week-old range of $3250-$3450. (AI image) Gold price prediction today: Gold rates are likely to trade with a positive bias though they have been stuck in a range for some time now.Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares…

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‘Financial Risk Indicator’ used to crack down on digital scams: DoT blacklists over 3 lakh fraud-linked SIMs; PhonePe, Paytm, HDFC among users

DoT blacklists 3 lakh to 4 lakh SIMs (AI-generated image) The Department of Telecommunications has identified and blacklisted between 300,000-400,000 SIM cards linked to fraudulent activities, according to government statistics.Launched in May, the Financial Risk Indicator (FRI) identifies approximately 2,000 high-risk telephone numbers daily, potentially involved in employment or investment scams. Additional suspicious SIMs are…

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Trump tariffs: India under fire from US over Russian oil imports; China buys more but escapes criticism, says GTRI

As the tension between US and India escalate with regards to trade talks, a recent Global Trade Research Initiative (GTRI) report called out Donald Trump claiming the US President has been selectively criticising India regarding Russian oil imports while remaining silent about China’s involvement.The report, cited by ANI, presented data showing China as the primary…

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Stock market today: Nifty50 opens below 24,700; BSE Sensex down over 150 points as Trump’s higher tariffs warning weighs on sentiment

Market participants are awaiting crucial global economic indicators, including US Services and Manufacturing PMI releasing today, alongside financial results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday. While Nifty50 was below 24,700, BSE Sensex dropped over 150 points. At 9:23 AM, Nifty50 was trading…

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US effective tariff rate on Indian goods rises to 20.7%, up from 2.4% in 2024; escalating trade tensions cast shadow on growth outlook: Fitch report

The effective US tariff rate on Indian goods jumped to 20.7 per cent in 2025 from just 2.4 per cent in 2024, Fitch Ratings said in its latest assessment. Fitch reported, quoted by ET, noted that the overall US effective tariff rate stands at 17 per cent- about 8 percentage points lower than the estimate…

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