Latest News, Updates & Breaking Headlines
Diwali Muhurat trading: Investors on Dalal Street will get a brief opportunity to trade as NSE announces its special Muhurat Trading session on October 21. The window will run from 1:45 pm to 2:45 pm, with trade modifications allowed until 2:55 pm. All transactions will carry settlement obligations, similar to regular hours, according to an…
Pfizer is intensifying its entry into obesity treatments by acquiring development-stage drugmaker Metsera for $4.9 billion, the company announced Monday. The deal values each Metsera share at $47.50 in cash, a premium of more than 42% over Friday’s closing price, according to news agency AP report.Additional payments of $22.50 per share could be triggered depending…
India’s exports to US: A comprehensive study by GTRI reveals varied impacts across sectors: certain duty-exempt products show unexpected declines despite having no tariffs. (AI image) US President Donald Trump’s 50% tariffs have led to a plunge in India’s exports to America, with the pain unevenly spread, according to a Global Trade and Research Initiative…
Gold continues to benefit from its status as a safe haven, driven by persistent geopolitical uncertainties. (AI image) Gold rate today: Prices of Gold futures surged to unprecedented levels, reaching Rs 1.11 lakh per 10 grams with an increase of Rs 799 in domestic futures trading on Monday. This upward movement aligned with global trends…
The Reserve Bank of India’s Monetary Policy Committee (MPC) may cut rates by 25 basis points in its September meeting, according to a report by State Bank of India (SBI).The report highlighted that a rate cut in September makes sense, as inflation is already under control and is expected to ease further.The report warned that…
While US might have an upper hand in tariff war, China seems to be scoring ahead in visa game. Beijing’s K visa, which is set to take effect from October 1, is being billed as a strategic tool to attract young foreign science and technology talent. The order will take affect amid the H-1B visa…
L-1 and O-1 visas are ideally for individuals seeking intracompany transfers and those with extraordinary abilities respectively. The Donald Trump administration’s H-1B visa fee hike to $100,000 may lead to companies opting for cheaper alternatives such as L1 and O1 visa categories.Despite having more rigorous qualification requirements and not being complete substitutes for H-1B visas,…
GST 2.0 kicks in today: Prime Minister Narendra Modi-led NDA government’s next-generation GST reforms come into effect on Monday, September 22, marking the launch of GST 2.0. The GST 2.0 overhaul aims to simplify taxation and reduce the financial burden on households, businesses, and farmers, bringing relief just in time for the festive season. This…
MUMBAI/ NEW DELHI: India Inc is eyeing a bumper festival season, hoping that price cuts—which go beyond the GST reset in many cases—result in a rush of buyers in stores and revive consumer demand, helping more than offset the adverse impact of tariffs on the Indian economy.Sellers across ice cream parlours, grocery stores, and footwear…
H-1B visa fee hike impact on Indian IT stocks today: Indian equity markets opened the week on a cautious note as investors digested the shock announcement from Washington, a steep hike in the cost of H-1B visas. This comes after the Trump administration raised the one-time fee for new H-1B petitions to an unprecedented $100,000…
