Houthi forces have captured Yemen’s Red Sea port of Mocha and moved closer to Bab el-Mandeb, raising risks around a shipping route Saudi Arabia increasingly depends on as Hormuz remains constrained. Brent briefly touched $110 a barrel on Friday.
The Trump administration wants to eliminate the 60-day grace period that gives H-1B and other foreign workers time to find a new sponsor after losing or leaving a job. The rule is only proposed and has not yet taken effect.
NSE has reduced its long-awaited IPO by about 15%, with shareholders now offering 126.44 million shares at ₹1,700 to ₹1,785 each.