Business Standard Official

US President Donald Trump announced on Wednesday that his long-promised “gold card” was officially on sale, offering a new route to US residency for individuals paying $1 million and for companies paying $2 million per foreign-born employee. The initiative replaces the long-standing EB-5 investor visa, which has existed since 1990 and required about $1 million in investment tied to at least ten jobs. https://mybs.in/2esOL9I

Take2 With BS | Netflix and Paramount are eyeing Warner Bros Discovery—what could a sale mean for India’s streaming landscape? Vanita Kohli-Khandekar decodes the implications for viewers and content choices 👇 https://mybs.in/2esNrgx

Inequality in wealth distribution in India remains among the highest in the world, with the richest 10% cornering around 65% of it and the bottom 50% holding a meagre 6.4%, according to the latest World Inequality Report, released on Wednesday. Read more: https://mybs.in/2esNreG

The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row on Wednesday but signalled that it may leave rates unchanged in the coming months. Chair Jerome Powell signalled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy. And in a set of quarterly economic projections, Fed officials signalled they expect to lower rates just once next year. https://mybs.in/2esOL7m

Markets With BS | From Tata Steel to Bank of Baroda, here is a list of stocks that will be in the limelight today. Take a look https://mybs.in/2esOL8E

Good morning! This is what Business Standard's front page looks like today. Read the stories on http://business-standard.com

The Donald Trump administration is starting social media vetting of all H-1B applicants and their spouses from December 15. While this applies to applicants from any country, the disruption has been felt most in India, where consulates handle hundreds of requests each day and are now cutting those numbers because of the extra work involved in screening online activity. More details: https://mybs.in/2esNrXV

According to IndiGo Chief Executive Officer Pieter Elbers, operations have stabilised as of December 9. Yet many passengers remain uncertain about what to expect from their upcoming travels. Here are answers to some frequently asked questions based on the latest available information 👇🏻 https://mybs.in/2esNrYI

Ports-to-energy conglomerate Adani Group is all set to invest up to ₹12 trillion in India in the next six years, chairman Gautam Adani said. The sizeable investments will be made in infrastructure, mining, renewable energy, and ports, among others, he said. https://mybs.in/2esNrT7

The legal team of Byju Raveendran, founder of edtech firm Byju’s, said the Delaware court has amended the $1 billion judgment against Raveendran after fresh submissions were made through a motion to correct the judgment of November 20, 2025. It said the court agreed that damages had not been determined and ordered a new phase to commence in early January 2026 to determine any damages related to claims against Raveendran. https://mybs.in/2esNrV9

In 2025, several prominent Indian celebrities made headlines not for their latest films, but for bold health claims, often lacking scientific merit. From urine therapy to anti-ageing supplements, these statements went viral, garnering public attention and sharp criticism from doctors. Here’s a rundown of four high-profile cases that sparked controversy 👇🏻 https://mybs.in/2esNrYo

In a conversation with Nivedita Mookerji, Executive Editor, Business Standard, and Ashok Bhattacharya, Editorial Director, Business Standard, former Labour Secretary Sumita Dawra decodes the new labour codes and their impact on jobs in India. https://www.youtube.com/watch?v=fH2WYCD1M04

The US State Department’s new social media checks have caused a fresh round of disruption for H-1B applicants in India, with many visa interviews now pushed into next year. The delay has created uncertainty for workers hoping to travel to the United States during the coming months. The US Embassy in India issued a late-night advisory on Tuesday, telling applicants that fresh instructions would apply immediately. “If you have received an email advising that your visa appointment has been rescheduled, Mission India looks forward to assisting you on your new appointment date,” it said. https://mybs.in/2esNrNc

Saudi Arabia is now planning to allow non-Muslim foreign residents to purchase alcohol, a move that was previously limited only to foreign diplomats, Bloomberg reported. If confirmed, the gradual easing of rules on access to alcohol would fit into Saudi Arabia’s broader push to relax some social restrictions and make Riyadh a more competitive hub. Details: https://mybs.in/2esNrNw

Amazon will invest $35 bn in India through 2030, focusing on AI-driven digitisation, export growth, job creation, and business expansion. The company plans to create 1 mn jobs, boost cumulative e-commerce exports to $80 bn, extend AI benefits to 14 mn small businesses, and provide AI education to 4 mn govt school students. It also launched ‘Accelerate Exports’ to connect manufacturers with global markets. Read the full report 👇 https://mybs.in/2esNrN9

From Labubu dolls to Nano Banana, 2025 was a whirlwind of viral internet trends. Quirky collectibles, nostalgic throwbacks, and DIY experiments kept everyone scrolling—here’s a roundup of the year’s most talked-about online craze 👇 https://mybs.in/2esNPZx

Markets With BS | From Tata Power to Swiggy, here are a few stocks that will be on investors' and traders' radar during today's market session. Take a look https://mybs.in/2esNrLd

Microsoft will invest $17.5 bn in India between 2026 and 2029 to advance the country’s cloud and AI infra, skilling initiatives, and ongoing operations. This comes in addition to the $3 bn announced earlier this year. The announcement followed Satya Nadella’s meeting with PM Modi, where they discussed India’s AI road map and growth priorities. https://mybs.in/2esNPuL