Immigrants are driving America's innovation, founding 59% of billion-dollar startups, known as unicorns. People of Indian origin lead this trend, establishing 96 such companies. These ventures employ thousands and contribute trillions to the U.S. economy, challenging narratives of immigrants harming the job market. International students also play a crucial role in this entrepreneurial surge.
Indian markets reacted to global cues as US stocks tumbled, led by tech giants like Nvidia, following a robust jobs report dampening interest rate cut hopes. Rising oil prices, fueled by Middle East tensions, also contributed to investor caution. Asian markets mirrored the downturn, with South Korea's Kospi seeing a significant drop.