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Indian markets fell sharply Monday, with the Sensex dropping 466 points to 82,160 and Nifty slipping 125 points to 25,202. Nifty IT index plunged 3%, Pharma 1.4%, FMCG 0.5%. Nifty MidCap fell 0.67%, SmallCap 1.17%. India VIX jumped 5.8%. Adani Enterprises and Bajaj Finance rose, while major IT stocks dropped 1–3%.
AP Endowments Minister Anam Ramanarayana Reddy visited the Sri Kanakadurgamma temple at Indrakeeladri in Vijayawada today. Special pujas were performed for the goddess, and offerings were later distributed to pilgrims. He emphasized that proper arrangements should be made to ensure a smooth experience for devotees attending the Navratri festivities.
In the context of CIBIL, a wilful default refers to a borrower’s intentional failure to repay a loan despite having the financial means. It involves deliberate actions like siphoning funds, falsifying records, or selling securities without consent. However, this serious offense leads to legal consequences and hampers future credit access.
It is known that new Goods and Sevices Tax slabs have been implemented across the country from today, Sept 22. With this, Tax has been completely removed on life insurance, health insurance, and many stationery items. GST has been reduced from 18% to 5% on many essential items. Also, GST on medicines has been reduced […]
The Sensex and Nifty opened at fresh record levels in early trade on Monday, September 22, 2025. The Sensex started trading today at 82151.07, down at 475.16 points or 0.58%, and the Nifty was at 25238.10, down at 88.95 points or 0.35%. Meanwhile, the Indian rupee was trading today at 88.17 against the dollar.
Brokerages estimate a 2-4% earnings impact on Indian IT firms due to the new $100,000 annual fee on fresh H-1B visas. The abrupt rollout may disrupt ongoing projects and increase operational costs. With Indians comprising 71% of H-1B holders, the move could significantly affect onshore deployment plans. Firms may revisit hiring, reshoring strategies.
New GST rates are effective today for all goods in our daily essentials and food products, including soaps, accessories, medicine, and other regularly used items. This change was initiated by FMCG companies, which have reduced prices and passed on GST cuts to customers. The move aims to ease the financial burden on consumers across the […]
Mixue Ice Cream & Tea, Asia’s biggest fast-food chain with over 45,000 outlets, is launching its first US store in New York’s Tribeca. Known for affordable ice cream and bubble tea, it has surpassed McDonald’s and Starbucks in store count. Founded in 1997, Mixue’s low-cost treats have made it a Southeast Asian sensation.
Trump’s $100,000 H-1B visa fee hits Indian tech professionals hard, risking thousands of jobs and migration plans. With Indians holding 70% of H-1Bs, the hike could halt talent flow, disrupt IT firms, and spark political backlash in India. Employers warn it’s now economically unviable to hire abroad, raising fears of stranded workers and lost opportunities.
A Fortune 500 employee revealed their company will relocate an entire division to India by mid-2026, citing rising H-1B visa costs. Trump’s $100,000 visa fee has sparked concerns, especially among Indian professionals. The move aims to avoid immigration hurdles, with Hyderabad named the new base. The decision has triggered political frustration.
Indian domestic stock markets closed with losses today and will reopen on Monday, September 22. On the Bombay Stock Exchange (BSE), the Sensex was down 388.05 points to end at 82,626.16, while the NSE Nifty-50 lost 97.03 points to close at 25,327.30. Meanwhile, the Indian rupee traded at 88.11 against the US dollar.
As per the Mercedes-Benz Hurun India Wealth Report 2025, Visakhapatnam ranks 14th among Indian cities with the highest number of millionaires. Mumbai, Delhi, and Bengaluru top the list. Vizag stands out among tier-2 cities for its strong performance. The report was released last night by Hurun Research, highlighting growing wealth in emerging cities.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, September 19, 2025. The Sensex started trading today at 82946.04, down at 67.92 points or 0.08%, and the Nifty was at 25410.20, down at 13.40 points or 0.05%. Meanwhile, the Indian rupee was trading today at 88.20 against the dollar.
On September 19, key Indian stocks to watch include Adani Group, Vedanta, JSW Energy, Texmaco Rail (wagon order), Metropolis Healthcare, and John Cockerill. Stock Markets closed higher Thursday, with Sensex up 320.25 points to 83,013.96 and Nifty 50 rising 93.35 points to 25,423.60, indicating positive sentiment.
The government urged central employees to opt for the Unified Pension Scheme (UPS) before the September 30 deadline. Employees can also submit physical forms if online options fail. A one-time switch from UPS to NPS is allowed before retirement. UPS offers assured payouts, gratuity, and tax benefits similar to NPS under current pension rules and […]