May 14, 2026

Hike

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Trump’s $100,000 H-1B visa fee hike to work in the US: Is America shutting best and brightest Indian talent out?

contact@dailyupdatesindia.com02 mins

Trump H-1B Visa Overhaul: Impact on Indian Professionals and US Tech Sector A once-strategic partnership between the United States and India, long built on mutual economic benefit, innovation and people-to-people ties, is now straining under sweeping immigration and trade policies implemented under former President Donald Trump’s administration. Policies such as the drastic H-1B visa fee…

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STT hike on F&O drags brokerage stocks; Sensex, Nifty slide as trading costs fears rise

contact@dailyupdatesindia.com04 mins

Shares of brokerage-linked and exchange-related companies fell sharply by up to nearly 12 per cent after Finance Minister Nirmala Sitharaman proposed an increase in the Securities Transaction Tax (STT) on derivatives in the Union Budget 2026-27, according to PTI.In her Budget speech, Sitharaman announced that STT on futures contracts would be increased to 0.05 per…

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STT hike after Budget 2026: What is Securities Transaction Tax & what does it mean for F&O traders and investors

contact@dailyupdatesindia.com06 mins

Securities Transaction Tax (STT) on derivatives will rise from April 1, 2026, after the Finance minister Sithraman in her 9th budget speech proposed higher rates on futures and options trading as part of Budget 2026 changes to the Finance (No. 2) Act, 2004.Finance Minister Nirmala Sitharaman announced the move while presenting the Budget, saying: “I…

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Budget 2026: Equity tax relief, avoiding transaction levy hike & more; here’s what market participants want

contact@dailyupdatesindia.com02 mins

As the Union Budget 2026-2027 draws closer, many market participants are urging the government to rethink capital market taxation and not increase the transaction levies. Ahead of finance minister Nirmala Sitharaman’s Budget presentation on February 1, investors and brokerage firms have pitched for measures, they believe would make long-term investing more attractive, particularly for retail…

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Infosys share price today: IT giant jumps 5% after guidance hike; here’s what investors should watch out for

contact@dailyupdatesindia.com03 mins

Infosys stock price today: Shares of Infosys rose sharply on Friday, climbing over 5% on both the NSE and BSE after the IT major raised its FY26 constant-currency revenue growth guidance to 3–3.5% while maintaining its operating margin outlook at 20–22%. At 11 am, the stock was trading 5.04% or 80 points higher, reaching 1,679.65…

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H-1B visa: H-1B premium processing to see fee hike from March 1 as USCIS revises visa fees; check updated fees |

contact@dailyupdatesindia.com03 mins

The US Citizenship and Immigration Services (USCIS) has announced an increase in premium processing fees for several immigration benefits, including the widely used H-1B visa. The revised fees will take effect from March 1, and will apply to requests postmarked on or after that date. This is as per a press release by the US…

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Cigarette tax hike: Experts warn of surge in illicit trade; fear major revenue losses for government

contact@dailyupdatesindia.com03 mins

A sharp increase in taxes on cigarettes, along with a new excise duty structure on tobacco products, could trigger a surge in illicit trade and lead to significant revenue losses for the government, experts have warned.Earlier this week, the finance ministry notified amendments to the Central Excise Act, introducing a fresh excise duty ranging from…

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Tobacco tax fallout: LIC loses Rs 10,445 crore in two days; ITC shares slide 14% after duty hike

contact@dailyupdatesindia.com02 mins

India’s largest institutional investor, Life Insurance Corporation of India (LIC), has seen the value of its investment in ITC erode by Rs 10,445 crore over just two sessions, after the FMCG major’s shares plunged sharply following a steep hike in cigarette duties, ET reported.LIC held a 15.86 per cent stake in ITC, equivalent to about…

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Tax shock: ITC shares hits 3-year low after cigarette duty hike; what brokers fear next

contact@dailyupdatesindia.com03 mins

ITC shares slid to a three-year low of Rs 345.35 on Friday, extending a sharp two-day selloff that has erased about 14% of the stock’s value after the finance ministry announced a steep increase in cigarette taxes, triggering widespread analyst downgrades and renewed concerns over volumes and profitability.The Nifty heavyweight fell another 5% on Friday,…

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ITC hit by cigarette tax shock! Brokerages downgrade stock as hike darkens outlook. Should you buy, sell or hold?

contact@dailyupdatesindia.com04 mins

The government’s surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for pressure on volumes, margins and long-term profitability.ITC shares tumbled to a three-year low of Rs 345.35 on Friday, extending a two-day rout that has wiped…

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