The DPIIT has requested the Retailers Association of India to promote the recent GST rate cuts on products through their networks. They have also advised displaying the reduced rates on receipts and bills, and monitoring sales during the festive season. The new tax rates will be implemented on September 22 and are expected to increase sales.
North Korean leader Kim Jong Un said there is no reason to avoid dialogue with the US if Washington stops insisting that Pyongyang give up its nuclear weapons. Kim made it clear his country will never trade its arsenal for relief from sanctions, state media reported on Monday.
Defence Minister Rajnath Singh reaffirms India's claim to Pakistan-occupied Kashmir (PoK) due to the people's demand for freedom. He recalls his prediction from five years ago that PoK will become a part of India without any attack. He said, "PoK will itself say, mai Bharat hoon." Singh also discusses India's targeted operation against Pakistan-based terrorists.
Nasscom believes that the recent changes in the H-1B visa policy will have a limited impact on Indian IT firms. The number of visas issued to top companies has decreased, but they have been investing in local hiring and upskilling programs. The $100,000 fee will only be applicable in 2026, giving companies time to adjust. Nasscom says the fee will not have a significant impact on the sector.
GK Energy's second day of bidding for its IPO is being closely watched as investors are skeptical about potential gains at listing due to a 14% cooled off GMP. The IPO, priced at Rs 145-153, closes on September 23 with key risks including heavy reliance on solar pumps, regional exposure, supplier dependence, competitive pressure, and reputation risks.
A software engineer from India, Rohan Mehta (not his real name), told the BBC that he spent over $8,000 (£5,900) on flights just to return to the US amid fears over a looming visa deadline following Trump’s new executive order.
Tom Holland, lead actor of Spider-Man: Brand New Day, was hospitalized after suffering a mild concussion during a stunt gone wrong. Filming was halted and will resume after he takes a break. No one else was affected and filming plans will be adjusted. Concussions can have serious symptoms, so it's important to seek medical attention if needed.
FMCG companies have reduced prices of daily essentials and food items under GST 2.0, just in time for Navratri and Diwali. ITC, Amul, Nestlé, Dabur, PepsiCo, Ferrero, P&G, Emami, HUL, and Patanjali have all announced price cuts, with some of the biggest reductions seen in ghee, butter, Maggi, Nescafé Gold, toothpaste, and chocolates.
Suzuki Motorcycle India, a subsidiary of Suzuki Motor Corporation, Japan, has implemented GST 2.0 reforms and passed on the benefits to customers. This includes reduced GST rates on two-wheelers and auto components, resulting in more affordable and accessible products. The comprehensive price revision is expected to improve customer satisfaction and drive demand in the two-wheeler market.
Travis Kelce and Chiefs head coach Andy Reid had a heated exchange during Sunday Night Football against the New York Giants at MetLife Stadium. The confrontation took place during the second quarter after Harrison Butker missed a 40-yard field goal.
The Indian IT sector is facing challenges due to increased H-1B visa fees by US President Trump. This has led to a drop in stock prices, with Tech Mahindra being the worst affected. However, experts believe this will have a short-term impact, and companies can counter it by outsourcing and hiring local talent. In the future, this change may even lead to improved operating margins.
Netflix CEO Reed Hastings supports US President Donald Trump's H-1B visa proclamation, which includes a $100,000 fee for new applications. However, the fee is a one-time charge, not annual, and only applies to new visas, not renewals or current holders. He revealed that he himself has worked on H-1B visa for 30 years and admitted that it is a "great solution".
Indian equity indices opened lower on Monday, with the NSE Nifty 50 and BSE Sensex falling by 0.28% and 0.34% respectively. The Bank Nifty, however, opened slightly higher. Small and midcap stocks also opened lower, with the Nifty Midcap falling by 0.24%. The market is expected to see a dualistic behavior today, with IT stocks being impacted by the H1B visa issue.
The VMS TMT IPO, which closed on September 19, will finalize share allotment today. It received a strong response from investors, with a subscription of 102.24 times. The IPO price band was Rs 94-99 per share. Investors can check their allotment status online.
President Donald Trump was one of the few speakers at Charlie Kirk’s memorial to directly address the suspected killer, whom he described as a “radicalised, cold-blooded monster," CNN reported.
Trump and Musk, who had a public feud, were seen together at Charlie Kirk's funeral. Their interaction went viral, with Musk sharing a picture and video from the event. He stated that Kirk's death was due to his efforts to make a difference and spread positivity.
Before Donald Trump took the stage, Erika Kirk delivered a moving and deeply personal tribute to her late husband. Erika is set to take over the Turning Point USA CEO role, promising to keep her husband’s mission alive. “He gave everything he had every single day,” Erika said
The recent $100,000 hike in US H-1B visa fees has put Indian IT stocks in the spotlight. GIFT Nifty opens low, with focus on autos, metals, infrastructure, and IT sectors. Market sentiment to be guided by global cues, domestic triggers, and economic data. US markets hit record highs, but concerns over visa fee hike remain.
Investors will focus on IT stocks, pharma companies, and infrastructure projects as markets open. Key developments include US regulatory updates, project wins, partnerships, and leadership changes. Stocks to watch include Infosys, Wipro, TCS, HCL, Tech Mahindra, Zydus Lifesciences, Jubilant Pharmova, PNC Infratech, HUDCO, Brigade Enterprises, Oil India, Redington, and more.
Ganesh Consumer Products IPO, opening on September 22, aims to raise Rs 408.80 crore to fund capex and repay borrowings. The issue is priced at Rs 306-322 per share and has a lot size of 46 shares. Experts recommend a 'Subscribe for the long-term' with the company's strong brand, extensive distribution network, and expected financial performance.
Atlanta Electricals, a key IPO opening today, plans to increase manufacturing capacity via IPO proceeds. The issue is a combination of fresh share issuance and an 'Offer For Share' component. The company aims to raise Rs 687.34 crore, with Rs 400 crore for expansion and Rs 287.34 crore for debt repayment. The IPO is priced between Rs 718-754 per share.
WNS CEO Keshav Murugesh talks about the Capgemini deal's completion, the company's growth strategy, and preparations for an AI-driven future. The transaction is expected to be finalized by October with strong support from shareholders and antitrust authorities. Clients have shown enthusiasm for the merger, acknowledging the strength of two leaders during a time of transformation.
The EU's Carbon Border Adjustment Mechanism (CBAM) is causing a decline in India's steel and aluminium exports, with more impact expected in the future. The tax will be implemented in 2026, but reporting requirements have already caused issues and some companies are choosing not to export to the EU.
E-commerce firms are preparing for a successful festive season with the implementation of GST, which will bring savings for consumers and a boost for platforms. Major players have aligned their sales with new tax slabs and are focusing on logistics and visibility to meet increased demand.
Despite presenting itself as a friend, the US is creating roadblocks for India's trade and investment plans by revoking the sanctions waiver for the Chabahar Port and restricting the entry of certain H-1B visa holders. The Indian markets have recovered from April lows but still lag global peers, making them vulnerable to a short-term correction.
TV companies to reduce prices by 10% due to GST tax slab reduction, expecting surge in sales during festive season. LG, Panasonic, and Sony set to reduce prices, with Sony's models seeing reductions ranging from Rs 5,000 to Rs 71,000 and LG's models seeing reductions from Rs 2,500 to Rs 85,800.
Techie Joel D'Souza and his family decided to purchase a Maruti Brezza instead of the Wagon R due to the attractive offers and reduced GST benefits. This has led to a surge in car sales, with dealerships working overtime to meet the demand. However, the demand for two-wheelers is expected to pick up during the Navratri season.
The US government's 20-fold increase in H-1B visa fees is likely to harm Indian IT stocks, already struggling with lower earnings and tariff concerns. IT companies' ADRs are expected to decline on Friday, with analysts projecting a 6% decrease in shares. Investors are advised to wait for a bigger correction before investing due to near-shoring and higher onshore delivery costs.
The festive season is expected to see a rise in consumer spending due to government's lowered GST rates and increased income tax cuts. Retailers and e-commerce platforms have made necessary changes to cater to the rush, while the government is monitoring to ensure the benefits are passed on to consumers.
PM Modi calls GST reforms a "saving festival" and "double bonanza" for middle class and MSMEs, with combined benefits of Rs 2.5 lakh crore. Urges citizens to buy "swadeshi goods and services" and states to focus on "Make in India." Emphasizes continuous need for next-generation reforms and equal participation of all states.
CBIC field offices, government departments, state governments, BJP leaders, industry bodies, and associations are monitoring businesses to pass on GST cuts to consumers. The government will track prices for six months and a dedicated category for registering complaints has been created.
Several PSUs are turning to corporate bond issues this week to raise funds and benefit from lower yields. NABARD, Numaligarh Refineries, Rashtriya Chemicals and Fertilizers, and Power Finance Corporation are among the issuers. Despite a delay due to rising yields, they are taking advantage of potential rate cuts and high demand for long-term AAA bonds.
Bihar Chief Minister Nitish Kumar is introducing multiple schemes ahead of the assembly elections to solidify his position as the longest-serving CM. These schemes offer benefits such as free electricity, allowances, and pensions to different sections of society. While the opposition calls them a replica of existing schemes, experts believe that the people of Bihar are seeking a new leader.
The government is considering imposing duties on pulses imports to stabilize domestic prices and encourage farmers to grow more, as imports and good harvest prospects have led to lower prices for key pulses. Inter-ministerial meetings have discussed the issue, and the CACP has recommended banning yellow peas imports and increasing duties on other pulses.
The Centre's budgetary capital expenditure is expected to reach 50% of the annual target of Rs 11.21 lakh crore in the first half of the current financial year, showing a significant increase from the previous year. This is attributed to the focus on capex by the Centre and state governments, along with income tax and GST reforms.
Deepika Padukone's personal trainer Yasmin Karachiwala shares a 10-minute Pilates routine that can be done at home. The routine targets the core, shoulders, back, glutes, and hamstrings while improving posture and stability. The exercises include Roll Down to Plank, Leg Pull Front, Seated Spine Twist, Swimming to Hundreds, and Rolling Like a Ball. This quick workout will keep you in shape.
Navratri 2025 is a nine-day festival beginning on September 22, marked with festivities, fasting, and feasts. While some indulge in oily and fatty foods, intense fasters tend to just live on fruits and liquids, leading to a drop in blood sugar. Dr. Nidhi Chaudhary shared a seven-day diet plan on social media to feel energized and shed weight. The plan includes several healthy options.
ECI asks state election officers to prepare for nationwide voter roll review by September 30. The clean-up process will most likely start in October-November, ahead of upcoming assembly elections. Last SIR dates were in 2002-2004 and ECI plans for countrywide SIR before state elections.
US urges Pakistan to increase fiscal accountability and transparency by subjecting defence and intelligence budgets to parliamentary or civilian oversight. The State Department also recommends timely budget publication and debt disclosure. While acknowledging areas of progress, the report highlights gaps in oversight and transparency, particularly in the management of public funds.
An Indian customs officer and his wife were denied a US tourist visa in a brief three-minute interview at the US Embassy in Delhi. Despite owning a house, a steady government job, and savings worth Rs 50 lakh, the officer was surprised by the rejection. The couple now plans to visit Japan and Ireland instead, saving them nearly Rs 80 lakh in travel expenses.
The US Chamber of Commerce is worried about the Trump Administration's H-1B Executive Order, which increases the fee for sponsoring H-1B applicants to $100,000. They are collaborating with the Administration and members to determine the impact and find a solution. The fee will only affect new applications after September 21 and will not affect current visa holders.
Taylor Swift, the billionaire pop star, is releasing her new album 'The Life of a Showgirl' on October 3, her lucky number thirteen. The album, featuring Sabrina Carpenter, will be available globally on all major streaming platforms. Despite not being able to listen to her SiriusXM channel 'Taylor's Channel 13' in India, fans are eagerly anticipating her biggest hits.
The highly anticipated Noida International Airport in Jewar, Gautam Buddh Nagar, will open on October 30 with 10 routes and a capacity to handle 12 million passengers in its first phase. Despite pandemic-related delays, the airport is on track to start operations this year and will eventually handle 70 million passengers annually.
Dubai's Roasters Specialty Coffee House has broken the Guinness World Record for the most expensive cup of coffee, priced at Dh 2600. The coffee is made with rare Panama Esmeralda Geisha beans and served in a handmade crystal glass, providing a unique sensory journey with a precision V60 pour-over. This exclusive coffee experience can be enjoyed at various outlets in Dubai.
The stock market is likely to be impacted by the US H-1B visa fee hike, trade talks, and GST rate cut this week. Investors will keep an eye on global equity market trends, while the Indian IT sector may face negative effects from the US decision. Cheaper prices for consumers are expected due to the reduced GST rates.
Trump's new order introduces a $100,000 fee for new H-1B visas, exempting renewals and transfers. The fee won't affect H-1B holders leaving and re-entering the country, but it may harm startups and innovation, as big tech companies may stop sponsoring. Immigration lawyer Sophie Alcorn has warned of potential consequences.
The US government has raised the H-1B visa fee to $100,000, causing concern among Indian tech workers. The White House released a fact-sheet explaining the decision, citing a significant increase in H-1B visa workers and American companies replacing workers with visa holders. President Trump's "America first" approach has also resulted in tariffs.
India is taking proactive measures to secure a strategic reserve of critical minerals and rare earths for its defence manufacturing, as China tightens export restrictions. This includes diversifying supply chains and tapping into rare earth mines in Myanmar. The government has designated rare-earth mining as strategic, streamlined regulatory processes, and is promoting recycling.
Zoho founder Sridhar Vembu urged Indians affected by the recent H-1B visa fee order to make a bold move and come back home, citing the example of how Sindhis built their business empire in India after leaving everything during partition. The $100,000 fee on renewal and new H-1B visas has caused panic among companies and is seen as a threat to national security.
Assamese singer Zubeen Garg passed away in Singapore while on a scuba diving trip. Investigations have begun into the incident and FIRs have been filed against the event organizers. His wife disclosed that he had a history of seizures, possibly contributing to his death. Fans and officials mourned his death as his body returned to his hometown.
Donald Trump's order to raise H-1B visa fee to $100,000 has caused uproar and legal battles. Indian IT employees are affected as US firms must pay the amount for visa holders. Top companies are recalling employees, but experts doubt the order's survival in court. India is examining the impact and seeking a resolution with the US.