BUSINESS
Nifty and Sensex Plunge This Week on H-1B and Pharma Tariff Worries
The Nifty and Sensex plunged about 2.5% and 2.54%, respectively, with selling pressure severely affecting IT and pharma stocks. Midcap and small-cap indices were even more susceptible, plummeting 4.38% and 4.27% during the week, indicating stretched valuations in these space.
Finance Ministry projects India’s FDI inflows could surpass $100 billion in 2025-26
It represents a 10.5 per cent year-on-year growth, and if the pace maintains itself over the course of the year, gross FDI inflows for the year may reach nearly $100 billion.
Navratri Festive Sales Rise 23–25% in First Two Days Following GST Cuts: Report
Redseer, a market research firm, says this surge—driven by GST-led price cuts and increased festive sentiments—is among the best openings in recent memory.
PM Modi to Launch BSNL’s ‘Swadeshi’ 4G Network on September 27
This feat places India in a very elite group of countries that can develop and produce their own telecom network and equipment.
Trump Announces 100% Tariff on Pharma Imports Starting October 1
"Starting October 1st, 2025, we will be imposing a 100 per cent Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America," the Republican leader said on Truth Social.
RBI Monetary Policy Committee may hold off on rate cuts in October: Report
"Internationally, the spread between the 10Y India G-sec and the 10Y US Treasury yield widened to 236 bps in September 2025 from 209 bps at the end of June 2025, following a US Fed rate cut," the report said.
RBI Could Step In to Curb Rupee Volatility: Report
In its report, CareEdge Ratings reconfirmed its USD/INR prediction for FY26 end at 85–87 on account of weak dollar, strong yuan, manageable India current account deficit, and possible US–India free trade agreement.
NPCI Partners with Qatar National Bank to Launch UPI Payments Across Qatar
With this launch, Indian tourists can now make easy UPI payments at popular tourist destinations and Qatar Duty Free, the first merchant to become live on UPI in Qatar.
Maintains Positive Outlook on India’s Growth and Equities, Neutral on Fixed-Income: Report
In its assessment, asset manager PL Wealth was optimistic in the long term for Indian equities but suggested caution in the near term, due to risk aversion from tariff uncertainties and possible foreign portfolio investor outflows.
Jeff Bezos’ Father Mike Bezos Looking for CEO to Oversee Family’s Multi-Billion-Dollar Fortune
The move follows as the size and complexity of the family fortune continue to increase. In order to handle the expansion more efficiently, Mike Bezos is presently looking for professional guidance at the top of Aurora Borealis.
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