Business

[ad_1] Adani Group firms saw their combined market value surge by more than Rs 69,000 crore during Friday’s trading session. Gautam Adani-led Adani Group stocks rallied strongly in trade on Friday after SEBI cleared the companies of Hindenburg-related allegations. The regulatory body’s ruling, which rejected claims of share price manipulation and improper related-party dealings, boosted…

[ad_1] Donald Trump (File photo) The US administration plans a major change to the H-1B visa programme, with President Donald Trump expected to sign a proclamation Friday imposing a $100,000 application fee, according to a White House official, quoted in a Bloomberg report.The order is intended to curb misuse of the visa category and its…

[ad_1] A new Aadhaar-based framework has been rolled out for cooperative banks, paving the way for them to offer authentication and eKYC services that had long remained out of reach due to compliance and cost hurdles.Announcing the initiative at a workshop in New Delhi on Friday, Cooperation Ministry Secretary Ashish Kumar Bhutani said the move…

[ad_1] Arunachal Pradesh has witnessed a dramatic rise in Goods and Services Tax (GST) collections, with revenue climbing over 700 per cent in six years to nearly Rs 1,900 crore in 2023-24 from just Rs 227 crore in 2017-18, Deputy Chief Minister Chowna Mein said on Friday.Speaking at a BJP programme on GST reforms in…

[ad_1] The commerce ministry reported on September 16 that discussions with the visiting US delegation were constructive. India-US trade deal talks are back on track with commerce minister Piyush Goyal expected to visit America soon. The visit would follow the recent one-day discussions between US Chief Negotiator Brendan Lynch and Indian counterpart Rajesh Agrawal in…

[ad_1] US China trade talks (AI image) US President Donald Trump on Friday called his conversation with Chinese President Xi Jinping a ‘productive one’. According to Trump, the call touched upon various aspects such as trade, fentanyl, and the TikTok deal. Trump also said he would meet Xi at the APEC Summit in South Korea.“I…

[ad_1] Markets regulator Sebi on Friday announced a simplified framework for transferring securities from a nominee to the legal heir, aimed at reducing unnecessary tax and compliance hassles.Under the current system, such transfers were sometimes treated as “sales” and assessed for capital gains tax, even though Section 47(iii) of the Income Tax Act, 1961, exempts…

[ad_1] Gold rate today: Gold prices bounced back in the national capital on Friday, rising by Rs 800 to Rs 1,14,000 per 10 grams, driven by strong global cues amid escalating geopolitical tensions and renewed trade frictions between the US and China. The yellow metal of 99.9 per cent purity had closed at Rs 1,13,200…

[ad_1] India’s foreign exchange reserves rose by $4.698 billion to $702.966 billion for the week ended September 12, according to data released by the Reserve Bank of India on Friday.This marks the second consecutive week of robust accretion, after reserves had climbed $4.038 billion to $698.268 billion in the previous reporting week, PTI reported.Foreign currency…

[ad_1] India’s stock markets are being propped up largely by consistent mutual fund investments, which are preventing a sharper fall despite heavy outflows, Jefferies has said in a new report.The brokerage noted that without these steady inflows, the high level of equity supply in the market could have triggered a collapse, news agency ANI reported….