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Congress Member

Sam Liccardo

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Image for Founder moves startup to India after facing Silicon Valley visa nightmare
via: financialexpress.com

Founder moves startup to India after facing Silicon Valley visa nightmare

US News 5 min ago

This is an AI assisted summary.

South Bay Congressman Rep. Sam Liccardo gathered education leaders, business executives, international students and DACA recipients at Foothill College on Wednesday to speak out against a series of Trump administration immigration policies that, according to many, are already hurting Silicon Valley.

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Mumbai Monorail set to relaunch soon with fresh upgrades – What commuters can expect

Business 2 min ago

This is an AI assisted summary.

The Mumbai Monorail is finally resuming services after a long suspension, offering a faster and more convenient commute for residents in the eastern suburbs. The relaunch will greatly improve connectivity between different parts of the city, with the Chembur Metro Station serving as a key interchange.

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Interim India-US trade agreement close? What Piyush Goyal told top American investors

Business 11 min ago

This is an AI assisted summary.

Union Commerce and Industry Minister Piyush Goyal met with business leaders in New York to enhance trade, investment, and innovation ties between India and the US. He showcased India's growth, business-friendly reforms, and opportunities for global investors. Goyal also emphasized the importance of policy continuity and protecting intellectual property.

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GMR Airports shares up 5%: Why Jefferies predicts 28% upside despite Q4 EBITDA miss

Market 35 min ago

This is an AI assisted summary.

Jefferies maintains a 'Buy' rating on GMR Airports with a target price of Rs 125, citing a potential 28% upside from the current market price. Despite Q4 weakness and geopolitical issues, the company is transitioning to a stable cash-flow model with a focus on non-aero revenue.

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‘No sense in breaking heads over sensitive issues’: Piyush Goyal

Business 2 hr ago

This is an AI assisted summary.

India and Canada have decided to take a practical approach in their negotiations for a Comprehensive Economic Partnership Agreement, with a focus on attainable benefits and avoiding sensitive matters. Minister Piyush Goyal stressed the need to prioritize areas of agreement and increase bilateral trade to USD 50 billion by 2030.

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Built on borrowed Cash, how this Indian firm became a billion-dollar Nasdaq sensation

Trending News 1 hr ago

This is an AI assisted summary.

There was a time when almost everyone thought building a global software company from Chennai was a bad idea. Back then, India was mostly known for IT outsourcing. If someone wanted to build a serious software product company, the advice was simple, move to Silicon Valley. Chennai was not seen as the place where billion-dollar tech firms were born.

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Ajit Doval calls for ‘safe, uninterrupted trade’ via Hormuz, Red Sea

India News 3 hr ago

This is an AI assisted summary.

India urges for immediate action to protect maritime trade routes and ease tensions in West Asia, emphasizing the vulnerability of the current situation and its impact on global energy markets. NSA Ajit Doval emphasizes the importance of secure trade movement and offers support for de-escalation efforts while calling for consistency in addressing terrorism.

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Steps to boost capital inflows likely in a week

Economy 5 hr ago

This is an AI assisted summary.

The Indian government plans to introduce measures to attract foreign investments and control outflows to strengthen the rupee and address the growing current account deficit. These measures may include tax cuts for foreign investors and stricter controls on outflows, as well as promoting domestic gold usage and simplifying entry and exit for foreign investors.

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Ad rates for IPL final wait for powerplay surge

Brand Wagon 11 hr ago

This is an AI assisted summary.

Despite a surge in viewership and impressive batting performances, advertising rates for IPL 2026 have only slightly increased. Linear TV spot rates for the final are currently at ₹21-24 lakh for 10 seconds. However, digital and connected TV reach has risen by 15% and 25%, respectively.

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IPL final: Hotel, flight tariffs in Ahmedabad hit T20 strike rate

Sports 12 hr ago

This is an AI assisted summary.

The upcoming IPL 2026 final in Ahmedabad has led to a surge in travel demand, with tickets, hotel bookings, and airfares skyrocketing. Hotels are implementing dynamic pricing, with some rooms being sold at ten times their usual rate. Even distant relatives in Ahmedabad are being sought after as accommodation options.

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India, Korea agree to address trade imbalance within CEPA framework

Economy 13 hr ago

This is an AI assisted summary.

India and Korea have recognized the need to tackle the growing trade deficit under the current CEPA framework. A new pact was previously considered due to changes in global trade, but the review process is now expected to be completed by the end of the year. Discussions have been held on various areas, including digital trade and supply chain cooperation.

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Small-caps opportunity re-emerges: Bajaj Finserv AMC

Market 13 hr ago

This is an AI assisted summary.

The study by Bajaj Finserv AMC suggests that small-cap stocks are currently at a favorable entry point due to improved fundamentals, potential earnings recovery, and corrected valuations. The segment is also seeing a rise in aggregate capex and a decline in debt-to-equity levels.

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Froth fails to ground mid, small-cap momentum

Market 32 min ago

This is an AI assisted summary.

Despite concerns over high valuations and geopolitical tensions, investors are still favoring mid- and small-cap stocks. These segments have outperformed benchmark indices in May and have strong returns over longer periods. Experts warn of potential risks, but sustained inflows and strong earnings growth are keeping the trend going.

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Odisha, Maharashtra roll out coal gasification incentives

Economy 15 hr ago

This is an AI assisted summary.

The Indian government is discussing with coal-rich states to introduce incentive schemes to enhance domestic industrial and energy security. Odisha and Maharashtra have already implemented policies for coal gasification projects, and talks are ongoing with other states.

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McKinsey to help Air India draft turnaround plan

Airlines/Aviation 15 hr ago

This is an AI assisted summary.

Tata Sons board briefed by McKinsey & Co on Air India's turnaround plans. Continued losses expected for next 3 years due to various factors. McKinsey aiding in improving operations and reducing losses. Air India plans to boost revenue, efficiency, and productivity through digital transformation. Tata Group committed billions towards revival, including aircraft purchases and fleet refurbishment.

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Air cargo volumes climb 4% amid Gulf disruption, rising fuel costs

Airlines/Aviation 16 hr ago

This is an AI assisted summary.

IATA reports a 4% rise in global air cargo demand due to strong Asian trade and limited capacity. The Middle East conflict affects trade routes and capacity, causing operational challenges for carriers. In April 2026, Willie Walsh will become CEO of IndiGo Airlines and step down as IATA's Director General. Asia, Europe, and North America experience growth, but Middle East carriers struggle.

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China tightens hold over India’s key imports for new-age production

Economy 17 hr ago

This is an AI assisted summary.

India and the US have signed a critical minerals framework to reduce India's reliance on China for clean energy and advanced manufacturing supply chain. The partnership aims to reshape supply chains and increase collaboration in mining, refining, processing, and strategic investments.

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Tata AutoComp and Korean Jahwa Electronics form JV for EV thermal solutions

Auto 17 hr ago

This is an AI assisted summary.

Tata AutoComp Systems and Jahwa Electronics have joined forces to provide thermal management solutions for India's electric and hybrid vehicle segments. This partnership combines Jahwa's expertise with Tata AutoComp's manufacturing capabilities and market leadership. With India's growing demand for efficient thermal solutions, this joint venture positions the country as a key hub for Jahwa.

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Outlook for FY27 remains extremely vulnerable to geopolitical risks , says RIL

Economy 17 hr ago

This is an AI assisted summary.

Reliance Industries' annual report for FY26 highlights potential risks to global oil demand growth for FY27 due to geopolitical, macro-economic, and policy factors. Supply losses from the Middle East conflict and damages to infrastructure have led to market volatility.

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Summer rush: Special train to run between Durg and Ernakulam on May 30

Business 19 hr ago

This is an AI assisted summary.

Indian Railways has launched a special one-way train service between Durg and Ernakulam to ease the summer travel rush. The train will pass through major railway stations across multiple states, providing a direct and convenient travel option between central and southern India. This long-distance service is expected to reduce pressure on regular trains and offer relief to passengers.

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Cloud beyond cost savings

Opinion 4 hr ago

This is an AI assisted summary.

Cloud conversations have evolved from infrastructure to application-centricity, aiming to maximize the value of enterprise applications. While the initial focus was on cost reduction, many organizations have not achieved business transformation. To fully leverage the cloud's potential, AI, automation, and data intelligence must be integrated into the application ecosystem.

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DK Shivakumar, one of India’s richest neta worth Rs 1,413 crore, to get K’taka’s CM throne

India News 20 hr ago

This is an AI assisted summary.

DK Shivakumar, the Deputy CM of Karnataka, is set to become the state's CM, a major milestone in his political journey. His 2023 election affidavit reveals assets worth over Rs 1,400 crore, including luxury watches and business interests. Despite 19 pending criminal cases, he is a prominent figure in the Congress party.

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KCET Result 2026: When will KEA release UGCET scorecards at cetonline.karnataka.gov.in?

Jobs and Career 21 hr ago

This is an AI assisted summary.

KEA will release the KCET Result 2021 in the first week of June, and students can download their scorecards from the official websites. The results will contain important details like name, marks, rank, and category. Qualified candidates will undergo document verification and counselling for admission to professional courses.

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Odisha-Jaipur special train schedule: Sambalpur-Sanganer service kicks off on May 29

Business 22 hr ago

This is an AI assisted summary.

East Coast Railway has introduced a special train between Sambalpur and Sanganer Railway Station to improve connectivity and ease travel during peak demand. This train will stop at key stations in various states, benefiting long-distance and intermediate city travelers. Another special train between Visakhapatnam and Hyderabad will also operate on 30 May.

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Crude near $100 may cost India up to Rs 1.5 trillion: Jefferies

Economy 22 hr ago

This is an AI assisted summary.

India's fiscal burden could increase by Rs 1.25-1.50 trillion if crude oil prices remain at $90 per barrel after July. To cope, the government may need to slow non-defence capital spending and maintain a 4.3% fiscal deficit target for FY27. Fuel duty cuts and a poor monsoon may worsen the situation, but a 15% gold duty hike and windfall tax on oil companies could help alleviate the strain.

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Consumer goods to get costlier as raw material inflation bites: Systematix Research

Policy 22 hr ago

This is an AI assisted summary.

The report suggests that essential consumer product prices will continue to rise due to inflationary pressure from raw materials. Companies have already increased prices by 3-7% and may reduce pack sizes. This could lead to higher revenue, but may also impact consumption.

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Is paying Iran for Hormuz transit cheaper than facing a US blockade?

World News 22 hr ago

This is an AI assisted summary.

The Strait of Hormuz is not dealing with one blockade anymore. It is dealing with two at the same time, one led by Iran and the other led by the United States. For commercial shipping caught between them, the question of which costs more is the central operational dilemma of the most disruptive maritime crisis since the Second World War.

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Jefferies top 3 ‘Buy’ recommendations with 20% to 34% upside potential

Market 23 hr ago

This is an AI assisted summary.

Jefferies has a positive outlook on new-age and infrastructure companies, such as Pine Labs, Groww, and GMR Airports, with potential for 20-34% growth. Despite a weaker March quarter, Pine Labs has strong cash flows and potential for future revenue growth. Groww is diversifying and aiming to gain market share, while GMR Airports is scaling up and diversifying its revenue sources.

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Britannia Chowk to Rohini West: Delhi metro stations and landmarks get new names

India News 23 hr ago

This is an AI assisted summary.

Delhi CM Rekha Gupta has given the green light to rename multiple Metro stations and landmarks, such as Rohini West Metro Station to Dr Baba Saheb Ambedkar Hospital Metro Station. The upcoming sports complex in Begampur has been named Atal Khel Parisar and Jwalapuri Hospital is now Baba Ramdevji Maharaj Hospital.

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NEET UG Re-Exam 2026: NTA to release city intimation city, admit card soon

Jobs and Career 23 hr ago

This is an AI assisted summary.

NTA will soon release the Advance City Intimation Slip and admit cards for NEET UG 2026 re-examination, scheduled for June 21, 2026. The previous exam was cancelled due to paper leak. Candidates can download the documents from the official website and make updates for address and preferred exam city.

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‘Lost H-1B lottery, quit Google’ — 2 years later I have a Green Card and a company

Trending News May 28, 2026

This is an AI assisted summary.

A Nepal-born engineer once made a decision many would hesitate to take. He walked away from a nearly $300,000-a-year job at Google, all because of an immigration lottery that kept saying no. Two years later, he now has a green card and his own company.

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Belrise Industries: Jefferies sees 19% upside on new orders and expansion

Market May 28, 2026

This is an AI assisted summary.

Jefferies maintains a 'Buy' rating on Belrise Industries and raises target price to Rs 250, indicating a 19% potential upside. Q4 earnings met expectations, with 5% and 17% growth in EBITDA and PAT. Despite cost pressures, the company is expanding its business and has secured new orders.

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Tata vs L&T vs Bharat Forge: Race to build India’s 5th-generation fighter jet

Business May 28, 2026

This is an AI assisted summary.

Defence Ministry issues RFP to 3 private contenders for indigenous fifth-generation Advanced Medium Combat Aircraft (AMCA) programme. The RFP sets ambitious timelines and delivery milestones, and specifies ownership, control and company formation rules. The selected industry lead will work with ADA to develop prototypes and integrate AI.

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Industrial consumers exploiting cheaper retail fuel? Government raises red flag

Business May 28, 2026

This is an AI assisted summary.

The government is worried about industrial users taking advantage of subsidised fuel prices meant for ordinary households, two-wheeler owners, and farmers. The Ministry of Petroleum and Natural Gas has requested industry associations to inform their members that diverting purchases from bulk to retail pumps goes against the intended pricing structure.

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Nomura raises Lloyds Metals target price; sees 14% upside potential – Here’s why

Market May 28, 2026

This is an AI assisted summary.

Nomura has raised its target price for Lloyds Metals & Energy to Rs 2,050 from Rs 1,600, implying a 14% upside potential. The company's strong quarterly performance, visible non-ferrous growth, and superior growth relative to competitors were key factors in this decision. Nomura also highlighted the company's improving value-added product mix, visibility in non-ferrous growth.

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Major US airlines ramp up hiring in India — American Airlines to hit 800 in Hyderabad

Airlines/Aviation May 28, 2026

This is an AI assisted summary.

According to Reuters, citing people familiar with the matter, American Airlines wants to double the size of its Hyderabad tech centre to nearly 800 employees by early 2027.

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A look at elite clubs facing scrutiny over land, privilege and exclusivity

India News May 27, 2026

This is an AI assisted summary.

The Delhi Gymkhana Club row has sparked a larger discussion about India's elite colonial-era clubs, including Mumbai's Breach Candy Club and Delhi Golf Club. These clubs are being accused of exclusivity and inherited membership systems. The ongoing eviction battle and unpaid dues at the Delhi Gymkhana Club and criticism towards the Delhi Golf Club have brought attention to this issue.

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Massive connectivity boost in Delhi: New expressways, tunnels and corridors planned

Business May 27, 2026

This is an AI assisted summary.

Delhi is undergoing a major upgrade in its road connectivity with various infrastructure projects planned across the NCR region. These projects aim to reduce traffic congestion, improve connectivity between Delhi, Noida, Faridabad, and Jewar, and make daily commuting smoother for lakhs of travellers. The proposed and ongoing projects have an estimated cost of nearly Rs 1.31 lakh crore.

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Special train between Patna and Charlapalli extended till July 2026

Business May 27, 2026

This is an AI assisted summary.

South Central Railway has extended the special train service between Patna Junction and Charlapalli Railway Terminal till July 2026. The train will run twice a week, stopping at major stations and providing better connectivity for passengers on the Patna-Hyderabad route. This move is expected to ease overcrowding and benefit migrant workers, students, and families.

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Travel time between Adiyakkamangalam-Thandalai to cut from 2 hours to just 15 minutes

Business May 27, 2026

This is an AI assisted summary.

The Thiruvarur Bypass, a major development in Tamil Nadu, is set to reduce travel time between Adiyakkamangalam and Thandalai from 2 hours to just 15 minutes. The four-lane bypass on NH-8 will cover a length of 14.9 km and pass through important locations, including Athipuliyur and Pallivaramangalam.

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Indian-origin Google engineer joins GS1 US Board of Governors

World News May 27, 2026

This is an AI assisted summary.

Indian-origin Google engineer, Senthil Subramanian, joins the GS1 US Board of Governors this month alongside two other industry leaders. The not-for-profit organisation, GS1, creates standards for product identification and traceability. With his expertise in large-scale data infrastructure, Subramanian will help shape the future of connected commerce and interoperable data standards.

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From ICICI Bank, HDFC Bank to AU Bank: Motilal Oswal’s top 8 banking sector picks

Market May 27, 2026

This is an AI assisted summary.

Motilal Oswal predicts a rise in banking sector earnings in the next two years, favoring private banks like ICICI, HDFC, SBI, and AU Small Finance Bank. The report emphasizes the growing gap between private and public sector banks, driven by increased competition for deposits and improved performance in unsecured lending for select mid-sized private banks. Investors should take note.

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Money laundering probe: What is the CMRL case that brought ED to Pinarayi Vijayan’s home

India News May 27, 2026

This is an AI assisted summary.

ED conducted searches at former Kerala CM Pinarayi Vijayan's residence and other locations linked to him, as part of a money laundering probe into alleged financial irregularities involving CMRL and Exalogic Solutions Pvt Ltd. Kerala High Court rejected immunity claims under IT Act. The case has political implications.

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Hormuz deal changes nothing — Why global oil prices may not return to normal

World News May 27, 2026

This is an AI assisted summary.

Benchmark prices swung from below $70 a barrel to a peak of $144 before crashing and rebounding again. Global inventories are draining at a record pace. Refineries in East Asia have been forced to idle. And now, after months of tension, there may finally be a way out.

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‘Open attacks on Indians’: Jharkhand scholar thanks US economist for taking a stand

Trending News May 27, 2026

This is an AI assisted summary.

Harvard scholar Soumitra Shukla speaks out against rising "anti-Indian hate" in the US on social media platform X. American economist Steven Neil Durlauf praises Shukla as a "great scholar" and "rising star" in inequality research, while condemning bigotry. Shukla's frustration highlights the issue of hate towards Indians in the US.