BUSINESS
HSBC Raises India to ‘Overweight’, Predicts Sensex Could Climb to 94,000
HSBC now expects the Sensex to reach 94,000 as of the end of 2026, reflecting a 15% gain from the current level, while keeping its 2025-end target price at 85,130.
Commerce Minister Piyush Goyal Says India Aims to Boost Energy Trade with US
"Clearly, the world recognizes that (energy security) is one area where we all have to work together. India is a big player in the energy field... we are big importers of energy from across the world, including from the US," Goyal said here on Tuesday.
Indian IT Companies Respond to H-1B Visa Fee Increase Through Local Hiring, Offshoring, and Nearshoring: Report
On September 19, US President Donald Trump signed an executive order mandating a $100,000 fee for filing new H-1B visa petitions—a drastic jump from the existing fee of about $1,500.
India to grow steadily at 6.5% in FY 26 due to domestic demand, GST reforms: S&P Global
The report noted that domestic demand was likely to remain firm as it is sustained by a generally supportive monsoon season, tax reduction, and ramped up government spending.
Indian Stock Market Starts Slightly Higher, Sensex Surpasses 82,000
The Sensex had risen 122.13 points, or 0.15%, to 82,282.10 by 9:22 am, and the Nifty rose 35.85 points, or 0.14%, to 25,238.20.
H-1B Visa Increase Will Have Minimal Effect on Indian IT Companies: Report
However, the medium-term impact can be more serious. A higher delivery cost in the US can lead to a structurally higher cost base, although firms might decide to rethink their operational designs and look at mitigation strategies, said the Franklin Templeton report.
JPMorgan Labels India a ‘Bright Spot’ Despite Tariffs and $100,000 H-1B Fee
“Sure, it has its share of issues — the tariffs, now the H1B visa issues. But overall it has a strong hand to play,” Leenart said in an interview with Bloomberg Television in Mumbai, where the bank is hosting its annual India conference. The Wall Street bank believes India can navigate the tariff challenges, “and will land in a good place,” he added.
Piyush Goyal Visits Washington for India-US Trade Discussions
The visit comes after a day-long round of discussions in New Delhi between US Chief Negotiator Brendan Lynch and India's Rajesh Agrawal on the proposed bilateral trade agreement.
Higher US H-1B visa fees expected to have minimal impact on IT firms’ margins: Report
Equirus fund management company pointed out that the companies can avoid the limitation by increasing dependence on local hiring, subcontracting agreements, or transferring more work offshore.
GST Relief for Middle Class: Prices of School Kits, Medicines, Toiletries, and Essentials Set to Drop
Essential items on a day-to-day basis such as soap, toothpaste, shampoo, hair oil, and tooth powder will now be charged only 5 per cent GST in place of the earlier 18 per cent, lightening the burden on family budgets. For instance, a Rs 5,000 bill on groceries and toiletries can now help consumers save around Rs 500.
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