Adani Group stocks extended their rally on Monday, collectively gaining Rs 1.78 lakh crore in market valuation over two days, buoyed by heavy buying after markets regulator Sebi dismissed allegations in the Hindenburg case. The clean chit, which found no evidence of stock manipulation or related-party misuse, has lifted investor sentiment across the group’s listed…
Gold rate today: Bullion markets in Delhi saw a sharp surge on Monday, with gold climbing Rs 2,200 to a new high of Rs 1,16,200 per 10 grams as investors reacted to strong global cues and awaited US Federal Reserve commentary. On Friday, the precious metal of 99.9 per cent purity had closed at Rs…
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…
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…
India’s top IT services firms are bracing for a steep rise in costs after the US government sharply increased the H-1B visa application fee to $100,000, nearly ten times the earlier $7,500–10,000. According to estimates, leading players could each end up spending an additional $150–550 million in immigration fees based on their past visa sponsorship…
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…
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,…
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…
Market analysts anticipate continued stability with an upward trend, supported by potential consumption increases as GST rate reductions take effect. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday as IT stocks tanked following Donald Trump administration’s H-1B visa fee hike to $100,000. While Nifty50…